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Gainesville council adopts FY2025–26 budget and raises property tax rate
Summary
The Gainesville City Council on Sept. 16 adopted the fiscal year 2025–2026 budget and approved a property tax rate of $0.573779 per $100 of valuation; the typical homeowner with a $180,000 median-valued property would see an estimated $68.54 increase under the proposed budget.
The Gainesville City Council adopted the city's fiscal year 2025–2026 budget and approved a tax rate of $0.573779 per $100 valuation on Sept. 16, a move the city's Taxpayer Impact Statement says would increase the annual bill for the median-valued home from $964.26 to $1,032.80.
Mayor Tommy Moore opened a public hearing on the proposed budget at 6:30 p.m.; no members of the public spoke. Councilmember Mary Jo Dollar moved to close the hearing, and the motion carried 7-0. Council then considered an ordinance establishing appropriations for support,…
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