WIZS

City Council Votes To Hike Property Tax Rate To 65 Cents Per $100 Valuation

It was not a unanimous decision, but the Henderson City Council voted to increase the property tax rate per $100 valuation to 65 cents at its Monday meeting, just before adopting the FY 2024-25 budget totaling more than $47 million.

In the budget recommended by City Manager Terrell Blackmon on May 13, the tax rate was 55 cents per $100 valuation, which was 10 cents above the revenue-neutral rate. The new property tax rate is 20 cents above the revenue-neutral rate.

Council Member Tami Walker made the motion to increase the tax, which she said would bring in more than $2.5 million in additional tax revenue. Council Member Ola Thorpe-Cooper seconded the motion. Council members Sam Seifert and Garry Daeke cast no votes, and Council members Lamont Noel, Michael Venable, Geraldine Champion, Sara Coffey voted yes with Walker and Thorpe-Cooper.

Thorpe-Cooper made a motion to accept the budget, which totals $47,827,763.

The motion was seconded by Coffey, who joined via Zoom. In addition to Thorpe-Cooper and Coffey, yes votes were case by Seifert, Venable, Walker and Champion.

Daeke and Noel cast dissenting votes.

In another split decision, Council voted 5-3 to accept a $1,500 bonus for each Council member – already included in the recommended budget. The matter had been discussed in earlier budget work sessions, but Daeke and Seifert said they recalled that the money was to be used to pay for training.

Mayor Melissa Elliott insisted that the sum was called a bonus, which, if offered as such, couldn’t have stipulations for its use.

Council Member Venable made a motion, seconded by Champion, to provide a $1,500 bonus to all Council members. Noel, Seifert and Daeke voted no. Coffey, Venable, Thorpe-Cooper, Champion and Walker voted yes.

In a unanimous vote, Council members voted to proceed with the purchase of the Falkner property that is owned by McGregor Hall. The sale price is $255,000 plus closing costs, but the budget line item is for $275,000, Blackmon stated.

Exit mobile version