Penny Rounding Rules

At a glance

What: Two bills responding to the end of U.S. one-cent coin production. BL2026-1515 adds a section to Title 5 of the Metropolitan Code authorizing the rounding of certain cash payments to Metro. The late-filed BL2026-1535 authorizes rounding ad valorem property tax amounts and central business improvement district special assessments to the nearest dollar.
Where it stands: Both passed first reading on August 18, 2026 and were referred to the Budget and Finance Committee.
Next: Second reading at a later meeting.

BL2026-1515 passed first reading on motion, to be considered at the next regular meeting.
BL2026-1535: Council Member Toombs moved to suspend the rules to introduce a late ordinance; without objection, Toombs moved first reading, approved by voice vote.

BL2026-1515 and the late BL2026-1535 passed first reading.