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The Commission unanimously agreed to keep the millage rate at 4.3202 mills while staff evaluates potential budget reductions tied to a proposed property tax reform amendment. Staff said the amendment could eliminate about $11.2 million in revenue from 12,561 homesteaded properties, representing 44% of the city's tax revenue.
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The city will continue preparing its FY 2026-27 budget using the current tax rate, but major service and project cuts could be needed if the proposed amendment passes. Staff will develop reduction options and examine possible fees, while seeking citizen feedback. The Commission also agreed to revisit livestreaming regular meetings in July; the estimated cost is $26,000 to start and $24,000 annually.
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