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David City sets 2025–26 property tax request at $1,143,883.97; proposes $0.474 rate
Summary
On Sept. 16, 2025 the David City Council adopted Resolution No. 20-2025 setting the General Fund property tax request at $1,143,883.97, noting assessed value changed by 5%, and proposing a tax rate of $0.474 per $100 of assessed value; the resolution passed 5–0 with one absence.
The City Council adopted Resolution No. 20-2025 on Sept. 16, 2025 to set the property tax request for the 2025–2026 fiscal year. The resolution sets the General Fund property tax request at $1,143,883.97 and reports that the total assessed value of property differs from last year’s total by 5 percent. It states the tax rate that would levy the same amount of property taxes as last year would be $0.474111 per $100 of assessed value and proposes to adopt a property tax request that will cause its tax rate to be $0.474 per $100 of assessed value.
Council member Keith Marvin moved to adopt Resolution No. 20-2025 and Council member Jim Angell seconded; the motion carried with five yes votes and one absence (Jeremy Abel). The resolution also notes, based on the proposed property tax request and changes in other revenue, the total operating budget will change by 16 percent compared with last year. The resolution directs the certified copy to be forwarded to the County Clerk on or before Oct. 15, 2025.
