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Agenda item

ESTABLISHING THE PROPERTY TAX RATE AND FIXED CHARGE ASSESSMENTS FOR GENERAL OBLIGATION BONDED INDEBTEDNESS — approved 5-0

Council Meeting (Closed Session 4:00 PM), item 9, ESTABLISHING THE PROPERTY TAX RATE AND FIXED CHARGE ASSESSMENTS FOR GENERAL OBLIGATION BONDED INDEBTEDNESS was approved (5-0). [Minutes, p. 2]

Tier 3 · Human approved · Updated Sep 1, 2026

Escondido's City Council has set the city's property tax rate and fixed charge assessments for general obligation bonded indebtedness for Fiscal Year 2026/27, adopting Resolution No. 2026-125. The council approved it 5-0.

The tax rate was not voted on by itself. It was item 9, and the council approved it in a single motion covering items 1-11, 14-16, 18-19. White made the motion and Fitzgerald seconded it.

City staff had asked the council to approve the resolution, and the recommendation came from the Finance Department, listed in the record under Christina Holmes, Director of Finance. The item is filed under File Number 0480-40; 0440-35. The record does not say what the rate or the assessments come to, or what a property owner would pay.

The record

Meeting
Council Meeting (Closed Session 4:00 PM)
Body
City Council
Item
9
Request
Request the City Council adopt Resolution No. 2026-125 to establish the property tax rate and fixed charge assessments for bonded indebtedness for Fiscal Year 2026/27.
Staff recommendation
approval
Outcome
approved
Vote
5-0
Moved by
White
Seconded by
Fitzgerald
Case or file number
0440-35

From the document

Every field above was read from one of these passages.

Motion to approve items 1-11, 14-16, 18-19: White; Second: Fitzgerald; Approved: 5-0
Page 2
9. ESTABLISHING THE PROPERTY TAX RATE AND FIXED CHARGE ASSESSMENTS FOR GENERAL OBLIGATION BONDED INDEBTEDNESS Request the City Council adopt Resolution No. 2026-125 to establish the property tax rate and fixed charge assessments for bonded indebtedness for Fiscal Year 2026/27. (File Number 0480- 40; 0440-35)
Page 4
Staff Recommendation: Approval (Finance Department: Christina Holmes, Director of Finance)
Page 4

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