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City staff outlines tax digest and rollback options; council discusses modest millage cut
Summary
Finance staff presented the 2025 tax digest: new-construction growth above budget, a calculated rollback of 5.093 mills and options to lower the maintenance-and-operations rate to roughly 5.065 mills to produce a modest tax decrease while preserving revenue cushion for appeals and grant outcomes.
City finance staff presented the 2025 tax digest and millage-rate options at the Aug. 18 work session, laying out the calculations council will use ahead of any final millage decision.
"This current year, we're at 5.223 mils for the M and O," Ron Shelby told council, then walked members through digest components: 6.69% new-construction growth, 1.66% exemption growth and a net new-construction…
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