In a recent government meeting, city officials discussed the proposed millage rate for the upcoming budget, which is set at 7.00 mills. This rate, while unchanged from the previous year, represents a 9.51% increase over the rollback rate due to rising property values in the city. The increase is expected to generate approximately $2.6 million in additional revenue, which will help offset rising operational costs and fund new initiatives, including the hiring of nine new police officers.

The commission highlighted that the millage rate has remained relatively stable over the past few years, with rates of 7.0 mills for the last two years and slight variations in previous years. The decision to maintain the current rate was framed as a prudent financial move, allowing for flexibility in the budget should additional expenses arise during the fiscal year.

During the discussions, some commissioners expressed concerns about the implications of the millage rate on residents, particularly renters and homeowners with varying property values. The city attorney clarified that all elected officials must vote on budget items, regardless of their personal housing situations, emphasizing that there are no conflicts of interest.

The meeting also touched on the city's financial health, with officials noting an upgrade to a AA+ bond rating, indicating improved fiscal stability. However, some commissioners voiced a desire to explore further budget cuts to avoid increasing the tax burden on residents, arguing that the city should strive to operate within its means.

Overall, the commission's decision to keep the millage rate at 7.00 mills reflects a balance between maintaining essential services and addressing the financial realities posed by rising costs and property values. The budget discussions are ongoing, with officials committed to ensuring that the needs of the community are met while managing taxpayer expectations.