A presentation was given by Angie Steelman, Assistant City Manager & CFO. Topics for Discussion • Certified Taxable Values • NNR Property Tax Rate • VAR Property Tax Rate • Answer any outstanding questions on FY27 Budget & CIP • Receive Council feedback to prepare Budget Ordinance for first reading at 8/25 meeting Property Tax Values Increase – 1.5%, from $13.25 billion to $13.45 billio

Staff Report & Agenda Item Details

A presentation was given by Angie Steelman, Assistant City Manager & CFO. Topics for Discussion • Certified Taxable Values • NNR Property Tax Rate • VAR Property Tax Rate • Answer any outstanding questions on FY27 Budget & CIP • Receive Council feedback to prepare Budget Ordinance for first reading at 8/25 meeting Property Tax Values Increase – 1.5%, from $13.25 billion to $13.45 billion FY2027 NNR Property Tax Rate $0.356505 / $100 valuation Property Tax Revenue by Fund: FY25 $48.8 million – 84% General Fund FY26 Estimated $47.9 million – 84% General Fund FY27 Proposed $48.8 million – 84% General Fund