City staff may see cost of living increases funded by a potential tax rate change. The amount of money this could bring in is estimated to be around $2.67 million, with some of it coming from newly added properties.

A specific tax rate has been identified for potential future approval. This rate is associated with a very small increase in terms of pennies.

Further details on this matter are available from the Odessa City Council, including the process for public hearings on the proposed tax rate.