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Council reviews budget draft, sets proposed ad valorem tax rate at $17.94
Summary
City staff presented a multi-year capital plan and a draft FY budget; council set a proposed ad valorem tax rate of $17.94 for 2024 to preserve procedural options while staff refines debt and funding details.
City council members on the dais reviewed a draft fiscal-year budget and a five‑year capital program and approved a procedural motion to set a proposed ad valorem tax rate of $17.94 for 2024.
City staff told the council that insurance rerates reduced benefit costs, that salary changes totalled roughly $20,000 across all employees, and that staff had reinserted $800,000 for a planned city hall renovation into the…
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