08/14/2024 | News release | Distributed by Public on 08/14/2024 09:21
The City of Allen's 2024-2025 Fiscal Year is set to begin Oct. 1, and public hearings for the City's proposed budget and tax rate are set for Tuesday, Sept. 10 at 7 p.m. Public hearings will take place during the City Council meeting at Allen City Hall.
The proposed tax rate of $0.4189 is a "not to exceed" tax rate as proposed by the City Manager. The actual tax rate voted on by City Council will not exceed this rate. This proposed tax rate is a $.0016 decrease from the current tax rate of $0.4205.
In conjunction with the annual budget process, City staff presented the proposed 2025-2029 Capital Improvement Program during the Aug. 13 Council meeting.
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