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Callaway sets maximum ad valorem millage at 2.7 amid public questions about property‑tax cuts
Summary
The commission voted to certify a maximum millage of 2.7 for FY26‑27 (TRIM notice level). Officials said the figure preserves existing revenue assumptions while staff plans for multi‑year impacts should the state property‑tax amendment pass.
The Callaway commission on July 14 voted to certify a maximum ad valorem millage rate of 2.7 for fiscal year 2026‑27. Staff explained this is the maximum the city may adopt for the coming year on TRIM notices; it is not the final adopted rate. The vote carried after public comment and internal discussion about the potential statewide property‑tax amendment that could reduce revenue for municipalities.
City staff said the 2.7 figure is intended to maintain current services and provide planning flexibility if state actions reduce local collections. ‘‘We want to maintain our ad valorem where it's at,’’ a staff speaker said, noting reserve balances and project scheduling adjustments the city would use if revenues decline. Members of the public urged caution and debated whether a slightly higher cap (e.g., incremental increases) might hedge against future shortfalls; staff said any higher requested maximum would trigger additional voter‑notice procedures under state law.
