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City of Waterford approves 3.85‑mill rate for fiscal year 2027
Summary
At a special call meeting, the governing body for the City of Waterford approved a millage rate of 3.85 mills for fiscal year 2027 after a staff presentation of last year’s rates and budget capacity. The action was adopted by voice/hand vote on a motion to approve Resolution 2026‑06.
The governing body for the City of Waterford approved a millage rate of 3.85 mills for fiscal year 2027 at a special call meeting. A staff member presented the proposal and described last year’s figures and the tax-assessor calculations that underpinned the recommendation.
The staff member said, “So, last year's military, it was set at 4.1” and later stated, “Our budget allowed us to give a military of 3.85 mils.” That presentation, which included an assessor calculation the staff described as a callback rate of 4.045, prefaced the formal motion that followed. Committee member (speaker 2) moved to approve Resolution 2026‑06 setting the millage; the mover amended the motion to set the rate at 3.85 mills for the City of Waterford.
Chair (speaker 1) called for in favor by having members raise their hands; the motion was approved by voice/hand (the transcript records no roll-call tally by name). Earlier in the exchange the Chair directed attention to the paperwork for filing, saying the sheet would be updated and filed with the county: “We change it to 3185 after being both tonight and get it into the county tomorrow,” a statement recorded verbatim in the transcript that suggests an administrative correction and next-day filing.
No additional public hearings or amendments were recorded, and the meeting moved to adjournment after the millage resolution passed.
