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Board agrees to advertise 48¢ tax rate after reassessment; approves several one-time additions
Summary
Following a reassessment that raised average property values 66%, county staff recommended advertising a 48¢ per $100 tax rate to preserve contingency; the board approved advertising the rate, and by hand vote added $5,000 for Kurzweil Community Center, $25,000 to the Veterans Council (one-time), and $35,000 to make an extension position full time.
County staff presented a FY27 budget framed by a recent reassessment that, on average, increased assessed values about 66 percent. Staff said the equalized real-estate rate would be 36¢ but recommended advertising a proposed rate of 48¢ per $100 of assessed value to create contingency and help preserve the county fund balance during the next reassessment cycle.
The presenter noted the per-penny revenue at current values is about $274,000 and described reserves the budget would restore, including…
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