Discuss Proposed FY 2027 Tax Rate Options

Staff Report & Agenda Item Details

Staff evaluated the no-new-revenue, voter-approval, and de minimis tax-rate scenarios using the current Truth-in-Taxation worksheets. The working recommendation is to develop the proposed FY 2027 budget around the de minimis rate of $0.600643 per $100 of taxable value.The de minimis rate consists of a $0.433343 maintenance-and-operations component and a $0.167300 debt-service component. It is $0.041464 above the voter-approval rate and $0.095847 above the prior adopted total rate of $0.504796.The July 27 discussion is policy direction, not the formal tax-rate adoption. Staff will return with the legally required proposed-rate vote, notices, hearing schedule, and final adoption actions after the assessor’s certified worksheet is finalized.<br><br><table style='box-sizing: border-box; border-width: 0px; border-style: solid; border-color: inherit; border-image: none; margin: 0px auto; padding: 0pt 5.4pt; text-indent: 0px; border-collapse: collapse; color: rgb(0, 0, 0); font-family: -apple-system-body, ui-sans-serif, -apple-system, "system-ui", "Segoe UI", Helvetica, "Apple Color Emoji", Arial, "sans-serif", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: medium; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; width: auto; table-layout: auto; height: 104px;' data-pasted="true"><tbody><tr style="box-sizing: border-box; border: 0px solid rgba(0, 0, 0, 0.05); margin: 0px; padding: 0px; height: 30px;"><td style="box-sizing: border-box; border: 0.5pt solid rgb(166, 166, 166); margin: 0px; padding: 3.5pt 0px; vertical-align: top; width: 176.4pt; background-color: rgb(217, 225, 242); text-align: left;"><p style='box-sizing: border-box; border: 0px solid rgba(0, 0, 0, 0.05); margin: 0pt; padding: 0px; min-height: 10.5pt; line-height: 1; font-family: "Times New Roman"; font-size: 10.5pt;'><span style='box-sizing: border-box; border: 0px solid rgba(0, 0, 0, 0.05); margin: 0px; padding: 0px; white-space: pre-wrap; overflow-wrap: break-word; font-family: "Times New Roman"; min-height: 9pt; font-size: 9pt; font-weight: bold;'>Scenario</span></p></td><td style="box-sizing: border-box; border: 0.5pt solid rgb(166, 166, 166); margin: 0px; padding: 3.5pt 0px; vertical-align: top; width: 93.6pt; background-color: rgb(217, 225, 242);"><p style='box-sizing: border-box; border: 0px solid rgba(0, 0, 0, 0.05); margin: 0pt; padding: 0px; min-height: 10.5pt; line-height: 1; font-family: "Times New Roman"; font-size: 10.5pt; text-align: center;'><span style='box-sizing: border-box; border: 0px solid rgba(0, 0, 0, 0.05); margin: 0px; padding: 0px; white-space: pre-wrap; overflow-wrap: break-word; font-family: "Times New Roman"; min-heig