What: the annual public hearing on property tax rate classification was held Sep 28.
Outcome: at the September 28 regular meeting the council adopted the five-class property classification and a residential factor of 0.564988, and a 30 percent residential exemption (9-0). The recommended residential rate was about $6.95.
2026-10-22 - Page created from public city materials (retrieved 2026-10-22); no meeting transcript processed yet.
2026-09-28 - 2026-09-28 - City Council Public Hearing - Property Tax Rate Classification: Public hearing; councilors tied the rate to state-certified values, noted a 4.1 percent budget increase and 6.9 percent levy increase, and explained the 30 percent residential exemption is a flat amount, not a 30 percent bill discount. The residential factor of 0.564988 would produce a residential rate of $6.95.
2026-09-28 - 2026-09-28 - Regular City Council Meeting: Classification, residential factor and 30 percent residential exemption adopted. Staff cited a commercial shift of about 165 percent against a 175 percent maximum and a levy increase near 6.9 percent.