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La Porte council approves FY 2024–25 tax rate in three votes; one councilmember opposes final combined rate
Summary
After separate votes to approve the maintenance & operations and interest & sinking components, the council adopted Ordinance 2024‑4020 setting a combined tax rate (0.7171); Councilmember Williams was recorded as opposed to the final combined rate.
City staff presented the proposed FY 2024–25 tax rate and its component breakdown to the La Porte City Council, explaining the no‑new‑revenue rate (0.73663) and the voter‑approval rate (0.89231). The proposed combined tax rate on the agenda was 0.7100 for budget planning; staff explained the maintenance & operations component as 0.602 and the interest & sinking (debt service) component as 0.1008.
Council proceeded with the three required motions: first to adopt the maintenance & operations portion, second to adopt the interest & sinking portion, and finally to adopt the combined tax rate. The initial two motions carried by voice vote. On the final motion, Councilmember Williams was recorded as opposing the combined rate; the ordinance (2024‑4020) was read into the record, including typical recitals (publication of notices and findings of compliance with open‑meetings law) and was approved by the council that night.
Staff noted the city’s current debt load (approximately $50 million in bond debt referenced in the discussion) when council asked whether eliminating debt would remove the interest & sinking component.
The council adopted the ordinance and appropriate language for the tax levy; the item reflects the council’s budget decisions for the coming fiscal year.
