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Rowlett council sets proposed FY2025 tax-rate ceiling, schedules Sept. 17 public hearing

Rowlett City Council · August 6, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff recommended and council approved publishing a proposed voter-approval tax rate of 0.778612 as the ceiling for FY2025; a public hearing is scheduled for Sept. 17, 2024. The vote sets the maximum rate for publication but does not adopt the final tax rate.

Wendy Bagee, a city staff presenter, told the Rowlett City Council on Aug. 6 that staff recommends publishing a proposed voter-approval tax rate of 0.778612 for fiscal year 2025 and scheduling a public hearing on Sept. 17, 2024.

Bagee said the proposed 0.778612 rate is composed of a 0.540262 operations-and-maintenance rate and a 0.23835 interest-and-sinking (debt service)…

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