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Council updates investment policy, reaffirms exemptions and aligns utility fees with December changes
Summary
The Arcola council completed its annual investment policy review, approved ordinance language to align the investment policy, reaffirmed homestead and over‑65/disabled exemptions per appraisal district requirements, and amended an ordinance to reflect fee schedule changes for water and wastewater service adopted in December 2024.
The council considered several housekeeping ordinance items on May 13. Councilmembers approved an amendment to the city's investment-policy ordinance as part of the annual review. The motion was presented as a routine, annual update to ensure the ordinance text aligns with the city's investment strategy.
Council also reaffirmed property-tax exemptions (homestead and over‑65/disabled) required annually by the appraisal district. Finally, members approved an ordinance amendment to align city code with fee schedule changes for water and wastewater utility services that the council adopted in December 2024. Council described these items as housekeeping matters and passed the motions by voice vote.
