Cadiz City Council is holding a special-called meeting at 5 PM Thursday, in order to address a number of concerns and expectations, as members consider raising current taxes above the compensating rate. According to calculations, this should bring in more than $456,000 — or exactly $50,000 more than the compensating rate. Per City of Cadiz officials, there is no record of an increase above the compensating rate since before 2000 — a span of at least 26 years. Well, also to be presented:+ The city made do with reserves until the option was exhausted. There will be no vote on the tax Thursday, only a first reading following council discussion and public comments.