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Northlake council weighs stormwater fee, homestead exemption and capital‑project timing
Summary
Council spent the bulk of its July 10 meeting on capital projects and the preliminary budget: staff proposed a $5/month household stormwater fee to replace general‑fund transfers, modeled impacts of raising the over‑65 homestead exemption (options to $125K, $150K, $200K), and reviewed CIP projects and funding sources including debt and developer contributions.
At its July 10 meeting the Northlake Town Council and staff spent extensive time on the town’s capital improvement program and related budget decisions.
Staff outlined several follow‑ups from a prior budget briefing: the town currently absorbs online utility payment processing fees (estimated at about $290,000 annually), and staff said a vendor under discussion could save up to $70,000 per year if implemented this November. Council discussed implementation disruption and staffing impacts if the town were to stop absorbing those fees.
On the over‑65 homestead exemption, staff reported the current exemption is $100,000 and affects roughly 450…
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