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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 spending plan and the related tax rate to the governing council for final adoption. The materials presented show multiple line items and a total figure referenced in the discussion; staff indicated they will correct formatting and rounding so the columns sum precisely.
What the motions said: The staff presentation referred to a recommended budget and a motion that, as read in the meeting, cited a total requirements figure of $35,170,493 for FY2025–26 and recommended council adoption. During discussion staff also read a different total in the packet text (appearing as roughly $35,000,001.71 in the transcript); staff acknowledged the difference as an immaterial formatting/rounding issue and agreed to reconcile the figures before final council consideration.
Property tax rate: The committee also approved a motion recommending the property tax rate of 5.3005 per $1,000 of assessed value for the fiscal year beginning July 1, 2025, and ending June 30, 2026; the motion was seconded and members voted in favor.
Votes at a glance: - Approval of minutes (May; correction noted): motion passed after a clerical correction was identified. - Recommendation of FY2025–26 budget to City Council: motion moved, members voted in favor; staff to correct minor rounding discrepancies in the packet before council review. - Recommendation of property tax rate 5.3005 per $1,000: motion moved and seconded; committee voted in favor.
Details and follow-up: Committee members pressed staff on small discrepancies in the spreadsheet (multiple line items off by a dollar or a penny due to formatting), and staff said they would adjust the formatting so totals match. Staff also committed to providing the detailed personnel spreadsheets and requested breakdowns to members on request.
The committee forwarded the recommended budget and tax rate to the City Council for final action. The committee adjourned shortly after 06:30.
