The City Council will hold two public hearings on the proposed tax rate and one public hearing on the proposed 2014-2015 budget. At its Aug. 4 meeting, the Council approved Aug. 18 and 25 as dates for the public hearings on the tax rate and Aug. 25 for a public hearing on the budget.
The proposed tax rate is $.63516 per $100 of assessed home value, which is unchanged from the current rate. The proposed budget will be released Friday, Aug. 8 and available to view online at cor.net/budget.
The Council will vote to adopt the 2014-2015 budget at its Sept. 8 meeting. The meetings are open to the public and will be broadcast live on the internet and the City's cable TV channel.