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West Point council adopts 2024–25 budget and sets property tax request

City of West Point City Council · September 4, 2024
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Summary

Council opened and closed the public hearing on the 2024–25 budget, discussed topline figures including a property tax request of $1,294,648 and a lower levy, and approved Ordinance No. 1449 and related state 'lid' computation forms.

The West Point City Council held a public hearing and then approved the city's 2024–25 annual budget and related property tax request.

City staff summarized the proposed budget, citing a total budget figure presented in the packet and a property tax request of $1,294,648. Staff said valuation increases (reported in the meeting) produce a lower tax rate even though the total property tax request rose roughly 4 percent. A member of the public asked a clarification question about whether water-rate increases were included; staff said water increases had not yet been incorporated.

After closing public comment, the council moved to pass Ordinance No. 1449 (approving the budget and appropriations) and approved the state budget 'lid' computation form and related resolutions. The council suspended three readings and voted for final passage on the ordinance and associated resolutions setting the property tax request and reporting restricted fund authority.

Council discussion included a reminder that the base lid percentage used for computation was 2.5% plus an additional 1% and that certain transfers from utility funds to the general fund were in the internal budget workings. The ordinance and resolutions will be certified and forwarded to the county clerk as required.