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Budget review committee recommends FY2025–26 budget and sets property tax rate for council consideration
Summary
The committee voted to recommend a FY2025–26 budget to the city council and approved a proposed property tax rate of 5.3005 per $1,000 of assessed value; members asked staff to correct minor spreadsheet rounding errors and to provide additional personnel breakdowns.
The Budget Review Committee voted to recommend the Fiscal Year 2025–26 budget to the City Council and approved a proposed ad valorem property tax rate at a meeting called to order at about 06:12.
A committee member moved that the committee approve a proposed FY2025–26 budget and recommend it for adoption by the city council. After questions about minor arithmetic and rounding discrepancies in the budget spreadsheets, members agreed to proceed. David Lowe said, “I vote in favor.” The chair recorded assent and moved the recommendation forward to the council for adoption.
Why it matters: The committee’s recommendation forwards the…
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