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 fe

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

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.6/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.