Universal City council voted 4-2 on Aug. 19 to establish a proposed property tax rate increase for fiscal year 2025-26.
The council established a previously discussed $0.0156 increase from the current tax rate, going up to $0.53 per $100 valuation for FY 2025-26.
How we got here
According to previous reporting by Community Impact , the proposed rate would bring in approximately $312,000 in extra revenue for the city.
Finance Director Christine Green previously said the higher rate could take care of items like increased demand for staffing and the sunsetting of American Rescue Plan funds for police and fire.
The proposed rate increase comes after several years of Universal City dropping the rate by $0.087 between FY 2019-20 and FY 2024-25, according to previous reporting. The in