The council’s decision to allocate $1 million to the fund balance reserve for expenditures was a step towards alleviating the tax impact on residents. The appropriation was supported by council members who emphasized the importance of reducing the residential tax factor. The sentiment was that the council’s persistent advocacy led to this outcome, despite initial doubts about its feasibility. The allocation is expected to provide options that will help mitigate residential tax increases.

Additionally, a proposal for a tax rate of 1.65 was introduced, which suggested that the average single-family home would see a minor increase of $4.17 annually. Commercial properties, including businesses like Walmart and Home Depot, would experience a $101 increase. Discussions highlighted that while single-family homes would see limited changes, two-family homes could face larger increases due to state-mandated assessments.

The meeting also addressed support mechanisms available for residents facing financial difficulties. Information was shared about tax relief programs for seniors, blind residents, and disabled veterans, encouraging eligible individuals to contact the assessor’s office or the senior center for assistance.