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Council votes to publish de minimis tax rate 0.255463 and schedules public hearing Aug. 25
Summary
Council selected the de minimis proposed property tax rate of 0.255463 for publication in the Allen American, scheduled a public hearing and adoption for Aug. 25, and recorded a roll call vote in favor.
Council discussed three tax rate options prepared by staff—the no‑new‑revenue rate (0.232588), the voter‑approval rate (0.239728), and the de minimis rate (0.255463). Finance Director Liz Exum summarized the options and explained the de minimis calculation, and council members discussed that the higher de minimis levy would raise additional funds (about $500,000) to support priorities, including safety and roads.
Councilmember [motion maker] moved to approve publishing the proposed rate of 0.255463 in the Allen American; the motion was seconded and passed on a record roll call vote (the chair noted the motion carried with seven ayes). Council then set a public hearing and the adoption vote for Aug. 25, 2025.
