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Residents May See a Lower Property Tax in FY2018

At last night’s Council meeting, the City Council had the first meeting about the budget for FY2018.

For Real Estate Property Taxes, City’s goal is to maintain a constant yield in order to maintain revenue neutrality for FY 2018. This would effectively provide a decrease in the Real Property tax rate for
many of our residents. The full impact of this budget measure is not known at this time.

Please see the draft schedule below. Some dates may change. For example, the Council may get to see the draft budget one week earlier than that proposed below.
FY18BudgetSchedule

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