Average tax-rate for residents goes up $7 monthly City Council this week approved an annual budget of nearly $164 million showing a decrease in spending but a slight rise in the tax rate, resulting in a levy hike of about $7 per month on average for residents.

The budget total of $163. 9 million for Fiscal Year 2026-27 is down 7. 7% from the current budget year, the council heard Tuesday.

However, the adopted tax rate of nearly 48 cents per $100 of taxable property value is up slightly from last year's 47 cents, or a 1. 57% increase.