Consider and take action on Ordinance 2025-31 adopting the Annual Budget for Governmental and Proprietary Funds for Fiscal Year 2026 – Second Reading (Assistant City Manager - CFO) Council approved 7-1-0 on August 26, 2025. Taxpayer Impact Statement

Staff Report & Agenda Item Details

Consider and take action on Ordinance 2025-31 adopting the Annual Budget for Governmental and Proprietary Funds for Fiscal Year 2026 – Second Reading (Assistant City Manager - CFO) Council approved 7-1-0 on August 26, 2025. Taxpayer Impact Statement Required per H.B. 1522 effective September 1, 2025 2024 Adopted Tax Rate $0.369 with average homestead taxable value of $351,138 equals tax of $1,295.70 2025 No-New-Revenue Tax Rate $0.36355 with average homestead taxable value of $362,634 equals tax of $1,318.36 2025 Proposed Tax Rate $0.36355 with average homestead taxable value of $362,634 equals tax of $1,318.36

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 8.4/10). 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).