Consider Ordinance 1546-26 setting and approving the Fiscal Year 2027 Tax Rate PUBLIC HEARING
Official Roll-Call Vote
Staff Report & Agenda Item Details
The proposed total tax rate is $0.569027 per $100 of taxable value. The rate consists of $0.430632 for maintenance and operations and $0.138395 for debt service. The proposed rate is $0.013028 above the no-new-revenue rate and $0.000001 below the voter-approval rate. The total proposed rate exceeds the no-new-revenue tax rate by 2.34 percent. The maintenance and operations component exceeds the no-new-revenue maintenance and operations rate by 3.50 percent. Separately, the proposed maintenance and operations rate is $0.060150 above the FY 2026 adopted maintenance and operations rate of $0.370482, resulting in an approximate $60.15 increase in maintenance and operations taxes on a $100,000 taxable home.
Bastiat Liberty & Property Rights Analysis
This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.8/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).