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DeSoto City Council Passes New Fiscal Year Budget in 5 – 2 Vote

DESOTO— Two public hearings were for discussion only, including the FY 2025 Budget, as required by Article VII of the DeSoto City Charter. This budget was later passed during the regular agenda. The discussion during this public hearing had staff explaining the proposed tax rate of .684934 to fund the debt service and general fund operations. This rate is higher than the no new revenue rate of .613457 and equal to the voter approval rate of .684934. With this rate being equal to the voter approval rate the city is not required to hold an election for approval.

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