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The City Council approved fiscal year budget amendments by a 7-0 vote. Meeting materials listed a proposed tax rate of $0.57177810 and an estimated annual bill of $1,022.57, or $2.70 less than the current adopted-rate estimate.
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The approved budget amendment adjusts several city funds, including the General Fund, Hotel Occupancy Tax Fund, TIF Zone No. 2, and an airport-related loan. The meeting materials also showed a proposed tax rate below the current adopted rate, but the minutes do not separately state that the tax rate itself was adopted. The council also approved up to $39,000 annually for grant-development services and up to $86,900 for two Aviation Department vehicles.
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