Decatur council sets FY2026–27 budget process in motion, proposes 0.676611 tax rate
Council heard a staff kickoff for the FY2026–27 budget, reviewed tax‑rate definitions and the local effect of House Bill 9, discussed using up to about $550,000 in impact‑fee reserves to reduce debt service, and voted to begin the tax‑rate and budget hearing schedule — proposing a 0.676611 ad valorem rate for public hearings.
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City staff opened the FY2026–27 budget process and reviewed the tax‑rate calculations the council must follow, including the no‑new‑revenue rate, the voter‑approval rate, and de minimis options. Staff said certified taxable value for the city is $1,523,922,907, with about $28 million of that listed as new construction, and explained how House Bill 9 increased certain exemptions and reduced the city's taxable value by roughly $21 million.
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