The City Council’s first public hearing related to the proposed 2024-25 budget will take place at the City Council meeting scheduled for Monday, Sept. 9, at 6 p.m. Monday’s hearing is a tax rate hearing; a second public hearing on the overall budget is scheduled for Monday, Sept. 16.
The proposed budget totals $406,078,754, an increase of $7,074,458, or 1.8 percent, over this year’s budget. It lowers the current property tax rate by almost 1.9 cents to $0.054218. The Senior Tax Exemption would be increased to $145,000.
The meeting and hearing are open to the public and are also broadcast live on the City website at www.cor.net/citv. On-demand video of the proceedings will be available on the website beginning the next day.
Website: www.cor.net/budget
