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Socorro staff recommends publishing voter‑approval tax rate; final adoption set for Sept. 11
Socorro City Council · August 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
City staff presented three tax‑rate scenarios and recommended publishing the voter‑approval rate (0.645233) for notice and planning; council set Sept. 11, 2025 as the date to take final action on the tax rate and municipal budget.
City Manager Adriana Bodarte and finance staff presented three tax‑rate scenarios for FY 2025–26 and recommended publishing the voter‑approval rate for public notice and compliance.
Adriana Bodarte summarized the options: the current rate (0.6669) would bring in an estimated $12.7 million; the known new revenue rate (0.634377) would yield…
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