Loading...
HomeMy WebLinkAboutResolution No. 2025-008 A Resolution of the City of Arlington Establishing the 2026 Regular Property Tax LevyRESOLUTION NO. 2025-008 A RESOLUTION OF THE CITY OF ARLINGTON ESTABLISHING THE 2026 REGULAR PROPERTY TAX LEVY WHEREAS, the City Council of the City of Arlington has met and considered its biennial budget for the years 2025-2026; and WHEREAS, the City's Regular Property Tax actual levy amount from the previous year (2025) was $5,002,728.66; and WHEREAS, the population of the City of Arlington is more than 10,000; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Arlington that an increase in the regular property tax levy is hereby authorized for the levy to be collected in the 2026 tax year. The dollar amount of the increase over the actual levy amount from the previous year shall be $50,027.29 which is a percentage increase of 1% from the previous year. This increase is exclusive of additional revenue resulting from new construction, improvements to property, newly constructed wind turbines, any increase in the value of state assessed property, any annexations that have occurred and refunds made. PASSED and APPROVED by the Mayor and City Council of the City of Arlington, at a regular meeting held on the 3rd day of November 2025. Do E. Vanney, ayor ATTEST: Wendy Van Der Meersche, City Clerk APPROVED AS TO FORM: Emily Romanenko Deputy City Attorney