Tax Year 2026 Property Tax Rate
Summary
The city set the property tax rate at 55.51 cents per $100 valuation to counteract lower property valuations while maintaining exemptions like the 20% homestead discount and senior tax freezes.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Impact analysis
Generates necessary revenues for general fund operations and debt service while providing a 20% homestead exemption.
Seniors and eligible homestead owners benefit from tax freezes and exemptions that cushion the impact of rising valuations.
Property owners see a higher tax rate than the previous year due to suppressed overall property values and lower new construction.
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