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NOTICE OF PUBLIC HEARING ON BUDGET

The City of Rosebud will hold a public hearing on the proposed budget for fiscal year 2026-2027 on August 24, 2026, at 6:00 pm at Rosebud City Hall, 202 S. College Street.

This budget will raise more revenue from property taxes than last year’s budget by an amount of $137,837, which is a 26% increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $7,085.

 Proposed tax rate: 0.92500/$100=$648,421
M&O = 0.87506 $613,413
I&S = 0.04994 $35,000

The members of the governing body voted on the budget as follows:

AGAINST: TBD
PRESENT (not voting): TBD
Absent: TBD

Total debt obligation for the city of Rosebud secured by property taxes: $35,000

Property tax rate comparison                 26-27                                25-26
Property tax rate:                                    $.92500/100               $0.748566/100
No-new-revenue rate:                            $0.76161/100                   0.68057
NNR-M&O:                                                $0.68884/100                   0.62530
Voter approval rate:                                $0.76161/100                   0.69779
Debt rate:                                                  $0.04994/100                $0.050610/100

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