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RES. 2025-R050

To request that the Mayor (i) propose an annual budget for Fiscal Year [2026-2027] 2027-2028 that recommends a real estate tax levy of $1.16 per $100 of assessed value as a means of tax relief for residents who pay real estate taxes and as affirmation of the City’s commitment to live within its fiscal means, and (ii) provide estimates of additional revenue and planned expenditures if the real estate tax levy for Fiscal Year 2027-2028 were $1.20 per $100 of assessed value. (As Amended)

Resolution Adopted Introduced September 29, 2025
Committee
City Council
Introduced
September 29, 2025
On agenda
January 26, 2026
Passed
February 9, 2026

Where it was heard

City Council Feb 9, 2026 adopted Pass City Council Jan 26, 2026 City Council Jan 12, 2026 continued City Council Dec 15, 2025 amended and continued City Council Dec 15, 2025 City Council Dec 8, 2025 Finance and Economic Development Standing Committee Nov 19, 2025 forwarded with no recommendation City Council Nov 10, 2025 introduced and referred