In a recent government meeting, officials discussed a slight decrease in the property tax rate for the upcoming fiscal year, despite an increase in property values. The new tax rate will be set at 0.500273 per $100 of assessed value, which represents a 5.8% increase compared to the no-new-revenue tax rate. This adjustment aims to clarify to citizens that while the tax rate has decreased, the effective tax burden may not significantly change due to rising property values.

Council members emphasized the importance of clear communication regarding these changes to ensure residents understand the implications of the new tax structure. Mayor Wilcox and other council members unanimously approved the motion to adopt the new tax rate, highlighting the necessity of transparency in the process.

Additionally, the council ratified a property tax revenue increase as required by state law, confirming that any increase in revenue compared to the previous year must be formally acknowledged. This resolution passed with a 6-0 vote.

The meeting also included the appointment of Paul J. Liston as the deputy city attorney and prosecutor for the Highland Village Municipal Court, further solidifying the city's legal framework as it prepares for the new fiscal year.