Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Local Budget Taxes topic
No spam. Unsubscribe anytime.
Public hearing opens on proposed real-estate tax increase; town manager proposes up to 22¢ per $100
Summary
Council opened a public hearing on a proposed real property tax rate for 2026; staff said assessments rose 2.7% and the town manager proposed a maximum rate not to exceed 22¢ per $100 of assessed value while the FY27 budget as presented assumes the current 19.2¢ rate.
The Percival Town Council opened a public hearing on a proposed increase in the town's real property tax levies for calendar year 2026. Staff explained that a revaluation produced an equalized rate and that the public notice advertised a maximum rate of 22¢ per $100 to allow council flexibility during budget deliberations.
Connie Lamar, introducing the staff briefing, said, "For the tax year 2026, real property assessments increased by 2.7% excluding assessments associated with new construction," and noted the town's adopted 2025 rate was 19.2¢. Residents who testified afterward expressed mixed views: some urged the council to adopt a modest increase to avoid draining reserves and maintain services, while others criticized council actions earlier in the year and urged transparency and legal caution before changing rates.
