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On Aug. 24, 2020, the City Council held a public hearing and approved an FY 20-21 Tax Rate. The City Council approved a Tax Rate of 0.529000 per $100 of Taxable Assessed Value (TAV). This represents a 2.1 cent tax rate reduction from last year’s tax rate of .550000 per $100 of TAV.
On Aug. 21, 2020, the City Council held a public hearing and approved the City’s FY 20-21 Annual Budget. (This budget will raise more total property taxes than last year’s budget by $22,212 (3.9%), and of that amount, $8,093 is property tax revenue to be raised from new property added to the tax roll this year.)
To view copies of the Ordinances adopting the FY 20-21 Tax Rate and Budget and to view a copy of the approve FY 20-21 Annual Budget, visit the City’s Financial Transparency page.