What to know
Although the approved tax rate is $0.0439 lower than FY 2023-24’s rate of $0.2948 per $100 valuation, city documents show it will generate more revenue than in the previous year.
The breakdown
The city’s approved FY 2024-25 budget projects $8.26 million in revenues and $8.26 million in expenditures, resulting in a balanced budget, according to the Sept. 10 agenda packet.
In the approved FY 2024-25 budget, department expenses include:
- $3.2 million for the police department
- $1.9 million for public works
- $1.8 million for administration
- $80,661 for parks
Read the approved FY 2024-25 budget below.