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Selma council keeps tax rate at $0.1879 per $100, ratifies higher collections under 2024–25 budget
Summary
The Selma City Council unanimously adopted Ordinance No. 91,724 to set the city tax rate at $0.1879 per $100 valuation and then ratified the resulting increase in property-tax collections projected in the 2024–25 budget. Staff said the higher collections reflect rising property values and new development, not a higher rate.
The Selma City Council unanimously adopted Ordinance No. 91,724 on Sept. 17, 2024, keeping the city property-tax rate at $0.1879 per $100 of assessed valuation and later ratifying the increase in total property-tax collections reflected in the 2024–25 budget.
Donnie, a city staff member, told the council that "the current tax rate for property in Selma is 0.1879 per 100 evaluation" and that the proposed rate supported by the approved 2024–25 operating budget remains "0.1879 per $100 evaluation." He said the ordinance "affects this property tax rate" and recommended council approve it. He also noted that adopting the ordinance "does require a record voice vote of all members of council."
The council moved…
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