The City’s certified taxable property values increased $849 million, or 6.69%, to reach $13,556,482,292.
New construction projects added to the tax roll amounted to $248,720,280 million.
Maintained millage rate at 8.3465 mills levied on every$1,000 in taxable property value.
The City utilized a $3.8 million carryforward from FY 2019 to balance FY 2020 budget.