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Shenandoah council sets 2024 tax-rate cap at 0.1421, triggering public hearing
Summary
Council voted to set a 2024 property-tax rate not to exceed 0.1421, a move that will trigger the required public hearing because it exceeds the no-new-revenue rate. Staff said the rate is designed to keep the budget balanced while protecting public-safety and cybersecurity funding.
Shenandoah city council voted on Aug. 14 to set the 2024 property-tax rate at a ceiling of 0.1421, a step that will require a public hearing because it exceeds the “no‑new‑revenue” (NNR) threshold.
Staff (speaker 9) presented updated certified property values and two statutory rate calculations: the NNR rate and the voter-approval rate…
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