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The City Council approved first readings for a $136 million 2025–2026 budget and a tentative property tax rate of 6.25 mills, both by 5-0 votes. The tax rate is 2.71% above the 6.0848-mill rollback rate.
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The budget and tax rate were advanced but still require final adoption. The budget includes $70 million for capital projects, and the City Manager said an additional $5 million may need to be bonded for Zephyr Park renovations after a grant application was unsuccessful. Council also approved a three-year plan to replace about 10,000 water meters and authorized development of a potential stormwater utility fee; no stormwater fee was adopted at this meeting.
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