Yes. The tax rate for the current fiscal year (21-22) was reduced by 0.5 cent in response to removing the stormwater program from the general fund. It will decrease by another half-cent in fiscal year 22-23, which begins July 1, 2022.
However, a 1.5 cent increase was already scheduled for FY21-22 pay for the 2017 Parks Bond (this is the final increase for the Parks Bond). So while this year’s tax rate is not a lower number than last year, it is lower than it would have been if the stormwater utility fee had not been created.