Medium PriorityTaxes Budgetopen

Pension tax override rate for FY 2026-27

Summary

The council set the property tax rate that pays voter-approved public-safety pension costs at $0.043844 per $100 of assessed value — recovering about $22.2 million, or 87.5% of safety pension costs, with the rest from the general fund.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Aug 11, 2026.

Impact analysis

💰Financial impact

Raises about $22.2 million from property owners; a small, fixed annual rate on your property tax bill.

✅Who benefits

Police and fire retirees whose voter-approved pension benefits are funded, and the city's long-term pension health.

Mentions & discussions (1)

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