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Council ratifies property tax increase reflected in 2024–25 budget
Summary
The council voted to ratify a property tax increase shown in the fiscal year 2024–25 budget, adopting a tax rate of 0.468097 per $100 of taxable value — noted in the record as an 8.09% increase in tax revenue — after canceling a related public hearing that had been scheduled for 08/20/2024.
The council voted to ratify a property tax increase reflected in the fiscal year 2024–25 budget, adopting a tax rate of 0.468097 per $100 of taxable value, which was described in the record as an 8.09% increase in tax revenue.
The vote followed a staff announcement that a public hearing advertised for 08/20/2024 at 6 p.m. to gather input on land-use assumptions and a capital improvement plan tied to potential…
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