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The council approved a fiscal year budget amendment by a 6-0 vote. The proposed tax rate of $0.57177810 per $100 valuation would produce an estimated annual property tax bill of $1,022.57 for a median-valued homestead, $2.70 below the current estimate.
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The budget amendment passed unanimously, and the proposed tax rate would slightly reduce the estimated annual city property tax bill for a median-valued home. The council also approved plats for a two-lot automobile dealership site and a subdivision planned for up to 199 lots, along with abandoning a portion of right-of-way at 501 East Hubbard Street. The minutes do not state the vote outcome for the proposed Hotel/Motel Tax administration contract.
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