City Council - Regular Meeting

Tuesday, August 25, 2026

The City Council held a brief meeting to conduct the first reading of Ordinance 2026-8, which proposes setting the tax rate for the fiscal year July 1, 2026, through June 30, 2027. Staff recommended a compensating rate plus a 4% increase to address inflation and rising costs.

About this meeting

Government Body
City Council
Meeting Type
City Council
Location
Dayton, KY
Meeting Date
August 25, 2026

Transcript

20 sections

0:00Speaker 2

Mayor, what do you call it? I don't know. Vice Mayor, I think you're on.

0:06 – 0:23Speaker 5

Okay. Well, it is 643. We apologize for the little delay this evening, but we will be calling the meeting on the August 25th meeting to order. And roll call, please.

0:27Speaker 1

Present. Present. Present.

0:33Speaker 3

Here. Here.

0:38 – 1:20Speaker 5

Okay, it's time for our moment of silence and pledge. We do have a pretty short agenda this evening, so we do only have one ordinance, and this will be a first reading. So may we please have the first reading of Ordinance 2026-8.

1:20 – 1:35Speaker 3

The ordinance provides for the imposition, levy, collection, and apportionment of taxes for the City of Dayton, Cable County, Kentucky for the fiscal year July 1, 2026 through June 30, 2027.

1:37 – 4:28Speaker 2

So every year we have to pass an ordinance setting the tax rate for the coming, for the year that we're in. And those tax bills go out in November. So we have to get this done. It takes a little while to print them up, so we have to get it done in the month of September to get this process going. I sent out an email today, kind of, we got, we have the ad district that does the analysis for us. We got it at the office last night around five o'clock, so we didn't know whether we were going to have this meeting or not, but we did get it. so we figured let's just go ahead and get it done do the first reading and then we'll have a second reading at our meeting what is it i think september 8th maybe it's the second tuesday yeah i think it's september 8th uh will be the second reading where you actually will vote on this i do have a copy of the ad district report i was also attached to your email today uh what we are recommending as staff is uh the compensating rate plus four percent which we are permitted to do under law without having to go get approval from the voters. So why we were asking for the 4% increase is because the economy is not in the best place as it was last year, and we see inflation at a rate higher than 4% possibly, so we want to make sure that we aren't losing money. everything that we're buying uh materials fuel salaries is increasing by at least four percent so if we're not getting that four percent in we end up losing end up losing money in a sense so we're recommending the staff recommending that we accept four percent compensating rate in addition in our budget i believe jared we did we did project that we would take the 4% increase because we were looking at the economy and we felt that was the safest thing to do. So that's why we're recommending that, and you can have discussion about it now, or there will be a second reading on this when we actually vote on it, and there can be discussion there. We'll have to have a public hearing as well. It's required by law when you are considering tax rates. in the past no one shows up for it but we are required to advertise that and publish it and that will be done in conjunction with next month's meeting any questions so the public meeting you would like to schedule it before the vote next time if you're going to advertise for a public meeting you're hoping to get that done before the vote next it will be it will be advertised before the hearing so the public is aware of it will be published by the krs standards which is now the link nky publication it used to be the inquire but the last couple years link it will be published in there as required by law okay So that's all. Any other questions?

4:29Speaker 4

Do you want to put on Facebook?

4:32 – 4:44Speaker 2

And why not? We always put all our ordinances that are considered on our website. And we generally send something out on Facebook before the meetings too, right?

4:44Speaker 3

Yeah, all the meetings the Friday before they have the agenda.

4:50Speaker 2

Then we'll have the hearing on there and the reading.

4:52Speaker 1

OK. And just to clarify, last year was like a .39, and we're only going up like three-tenths of a percentage, right?

5:01 – 5:17Speaker 2

Right. So it was .398 the year before, .399 last year, and this year we'll go up to .421. Okay. Okay, that's it. Do you have any other discussion you'd like?

5:19Speaker 5

If we have nothing more, do we have a motion to adjourn?

5:23Speaker 1

I'll make the motion to adjourn the meeting.

5:24Speaker 5

Okay. Member Horton has made a motion to adjourn. Do we have a second? I'll second. And Member Neiman has made a second. Meeting adjourned.

5:33Speaker 2

Thank you so much for coming, everybody. I have to go get it.

5:38Speaker 4

That is definitely a record.

This transcript was automatically generated from the official public meeting video and is presented unedited. It reflects remarks made on the public record by elected officials, staff, and public commenters. Transcript accuracy may vary; view the original recording for reference.