Consider and take action on Ordinance 2026-28 adopting the Annual Budget for Governmental and Proprietary Funds for Fiscal Year 2027 - Second Reading (Assistant City Manager - CFO) Council approved first reading 8-0-0 on August 25, 2026. Taxpayer Impact S

Staff Report & Agenda Item Details

Consider and take action on Ordinance 2026-28 adopting the Annual Budget for Governmental and Proprietary Funds for Fiscal Year 2027 - Second Reading (Assistant City Manager - CFO) Council approved first reading 8-0-0 on August 25, 2026. Taxpayer Impact Statement Required per H.B. 1522 effective September 1, 2025 based on Tax Year2025 (FY2026) and Tax Year 2026 (FY2027) 2025 Adopted Tax Rate $ 0.36355 with an estimated median homestead taxable value of $362,634 equals tax of $1,318.36 2026 No-New-Revenue Tax Rate $0.356505 with an estimated median homestead taxable value of $375,000 equals tax of $1,336.89 2026 Proposed Tax Rate $ 0.356505 with an estimated median homestead taxable value of $375,000 equals tax of $1,336.89 The change in total tax rate is a decrease of 0.007045 per $100, or -1.94% The change in estimated median homestead taxable value is an increase of 3.41% The change in tax on estimated median homestead property is an increase of $18.54 or 1.41%

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 9.2/10). 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.