FY 2026-2027 Property Tax Rate Adoption
Summary
The City Council finalized the property tax rate for the upcoming fiscal year at $0.755000 per $100 valuation. While the rate is unchanged from last year, property owners will experience an effective tax increase of 3.60 percent due to higher property appraisals.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 8, 2026.
Impact analysis
Sets the property tax revenue baseline for the city's annual budget, maintaining the rate at $0.755000 per $100 valuation.
City residents and property owners benefit from funded municipal services, public safety, and infrastructure maintenance.
Property owners will pay higher total tax bills due to rising property valuations combined with the effective 3.60 percent tax increase.
Mentions & discussions (1)
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