Page 12 - WhiteSettlementFY26AdoptedBudget

CITY OF WHITE SETTLEMENT

Fiscal Year 2025-2026

Budget Cover Page

August 26, 2025

This budget will raise more revenue from property taxes than last year's budget by

an amount of $531,733, which is a 4.60 percent increase from last year's budget.
The property tax revenue to be raised from new property added to the tax roll this

year is $228,658.

The members of the governing body voted on the budget as follows:

FOR:
AGAINST:
PRESENT and not voting:
ABSENT:

Property Tax Rate Comparison

2025-2026 2024-2025
Property Tax Rate: $0.714778/100 $0.679816/100
No-New-Revenue Tax Rate: $0.695350/100 $0.642400/100
No-New-Revenue Maintenance & Operations Tax Rate: $0.562650/100 $0.525347/100
Voter-Approval Tax Rate: $0.714778/100 $0.679817/100
Debt Rate: $0.125192/100 $0.127891/100

Total debt obligation for CITY OF WHITE SETTLEMENT secured by property taxes:

$2,132,383