Council to Take 4% Rate for Taxes

Council to take 4% rate for taxes

In a change from recent years, the Cadiz City Council has approved a measure to take the 4% rate rather than the compensating rate in setting its property tax rates for 2025.

Cadiz Council Considering Tax Increase To Stabilize Revenue

Cadiz City Council is considering a tax increase that will bring in a much-needed four percent increase in revenue in the wake of staggered growth and a tightening city budget. During Tuesday’s Cadiz City Council meeting, City Clerk Jack Lingenfelter told council members now is the time to begin taking the allowed tax revenue increase, following several years of just taking the compensating rate, which brings in the same tax revenue as the previ…