The Tyler City Council will consider the upcoming budget and may propose a property tax rate at a meeting on Wednesday.
The meeting will mark the beginning of the public discussion about the city’s budget for fiscal year 2020, which starts Oct. 1 and runs through Sept. 30, 2020.
At the meeting, members will consider a proposed budget from City Manager Ed Broussard, who has been working with his staff throughout the summer to create a budget.
Broussard also will recommend a property tax rate to accompany the spending plan. The current rate on 2018 property values is 24.4452 cents per $100 of property value, which was an increase over the 2017 rate of 24 cents.
The City Council is likely to vote to propose a 2019 property tax rate, whether increased, decreased, or level. Should a motion pass, the proposed rate would serve as the ceiling for the property tax rate that the City Council can adopt.
Public hearings are scheduled for Aug. 28 and Sept. 11, and the City Council will pass a budget Sept. 25, according to the city’s internal budget calendar.
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