The proposed tax rate, referred to as the no-new-revenue tax rate by Shenandoah Finance Director Lisa Wasner, would generate the same amount of tax dollars as the 2019 tax rate of $0.1799.
"At the budget workshop, the consensus was unanimous to remain with that $0.1799," Wasner said. "We are voting to not go above the no-new-revenue tax rate."
The council unanimously approved an agreement to not go above the no-new-revenue rate.
The tax rate is anticipated to be adopted, along with the fiscal year 2020-21 budget, at the council's next meeting Aug. 26.