Public Notice Notice
Official courthouse record · Indexed in NoticeRegistry archive · AI-enriched for research
This is a municipal budget and indebtedness summary showing a constant tax rate of 4.4101 for 2024–25 through 2026–27, long-term debt totals, and FY 2026/27 priorities including infrastructure projects and limited staff additions tied to airport operations.
Key Takeaways
- Tax rate shown as 4.4101 for 2024–27
- Long-term debt totals reported (approx. $31.845M)
- FY 2026/27 budget funds infrastructure for 13% growth
- Fewer staff additions (7.5 positions; 7 tied to airport)
- Published
- Category
- Other
What to do next
- 1
Review full budget document
Obtain the city’s complete FY 2026/27 budget to confirm project lists, funding sources, and exact debt schedules.
- 2
Contact city finance office
Ask the finance department for clarification on tax rate calculation, debt amounts, and levy details.
Frequently asked questions
- What does the 4.4101 rate mean?
- It is the tax rate (likely per $1,000 of assessed value) reported consistently for 2024–25 through 2026–27.
- How much long-term debt does the statement show?
- The document lists long-term debt totals, with a noted figure of about $31,845,000.
- What are the FY 2026/27 budget priorities?
- Funding numerous infrastructure projects to accommodate 13% community growth and limited staffing increases, mostly at the airport.
The suggestions and answers above are AI-generated for general information only. They can be wrong, and we don't take responsibility for their accuracy. Talk to a qualified professional before acting on them.
Legal terms in this notice
- General Obligation Bonds
- Loans the city repays with tax revenues, secured by the issuer's taxing power.
- Statement of Indebtedness
- A summary report listing a government's outstanding debts and borrowing capacity.
- Local Option Levy
- A voter-approved local tax imposed for specific services or needs, separate from base taxes.
Full Notice Text
Rate or Amount Imposed Rate or Amount Imposed Rate or Amount Approved 2024-25 This Year 2025-26 Next Year 2026-27 4.4101 4.4101 4.4101 0 0 0 2,295,785 2,347,665 2,337,343 LONG TERM DEBT General Obligation Bonds Other Bonds Other Borrowings Total Rate or Amount Imposed Rate or Amount Imposed Rate or Amount Approved 2024-25 This Year 2025-26 Next Year 2026-27 4.4101 4.4101 4.4101 0 0 0 2,295,785 2,347,665 2,432,199 $27,444,788 $0 Not Incurred on July 13 $31,845,000 STATEMENT OF INDEBTEDNESS Local Option Levy $0 Levy For General Obligation Bonds The FY 2026/27 budget brings the construction of numerous infrastructure projects to meet significant growth in the community (13% over the past 5 years), while ensuring City operating funds remain in a solid financial standing (via prioritization and an annual 5-year Forecast). Less staffing additions (7.5 with 7 of those associated with/paid for by the Airport) are included in the budget versus the past 5 years (averaged