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Newport council adopts 2024–25 operating and capital budget and tax rate
Summary
The Newport City Council approved three budget-related ordinances — including Ordinance 2024-5 adopting the city and Newport Grammar School budgets and setting the 2024–25 tax rate — after second readings and roll-call votes.
The Newport City Council approved multiple budget ordinances on second reading, culminating in adoption of the City of Newport’s fiscal year 2024–25 operating and capital budget and the Newport Grammar School budget.
On a roll-call vote the council passed Ordinance 2024-3 (a budget amendment), Ordinance 2024-4 (an amendment specific to Newport Grammar School), and Ordinance 2024-5, which adopts the annual operating and capital budgets and the tax rate for the fiscal year beginning July 1, 2024 and ending June 30, 2025. The motions were made, seconded and approved by recorded vote.
Council members who participated in the roll call included Alderman Mike Hansel, Alderman Randy Reagan and Vice Mayor Connie Ball; the mayor presided. No public testimony accompanied the readings. The ordinances were presented consistent with the city’s budget process and will take effect as provided in the ordinances.
What happens next: With the ordinances adopted, staff will begin implementing the approved FY2024–25 budget allocations and complete any administrative steps required to set the tax rate for the coming fiscal year.
