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            Council business - Finance items
0:22:51
·
33 sec
Speaker Adams presents finance items on the council's agenda, including tax exemptions and the council's proposed operating budget.
- Introduces two preconsidered resolutions establishing new 40-year Article 11 tax exemptions for lots in different council districts
 - Announces the vote on the council's fiscal year 2026 proposed operating budget
 - Details the budget allocation: $84,700,000 for personal services and $30,300,000 for other than personal services (OTPS)
 
                                
                                    Adrienne E. Adams
                                
                            
                            
                                            
                                            0:22:51
                                        
                                        Next we'll vote on the following finance items.
                                    
                                            
                                            0:22:53
                                        
                                        A pre considered resolution sponsored by council member Justin Brannon establishing a new forty year article 11 tax exemption for three lots in council member Stevens district.
                                    
                                            
                                            0:23:02
                                        
                                        A preconsidered resolution also sponsored by council member Brannan establishing a new forty year article 11 tax exemption for one lot in council member Gutierrez's district.
                                    
                                            
                                            0:23:12
                                        
                                        We will also vote on the council's fiscal twenty twenty six proposed operating budget, $84,700,000 for personal services and $30,300,000 for other than personal services or OTPS.