26-0349

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%

Agenda Item Approved Introduced August 24, 2026

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