File #: Ord. 2019-22    Version: 1 Name:
Type: Ordinance Status: Individual Consideration
File created: 7/22/2019 In control: City Council
On agenda: 8/20/2019 Final action:
Title: Receive a Staff presentation and hold a Public Hearing to receive comments for or against Ordinance 2019-22, setting the Tax Rate for the 2019 Tax Year at 61.39 cents on each $100 of taxable value of real property that is not exempt from taxation; levying taxes for the use and support of the Municipal Government of the City for the fiscal year beginning October 1, 2019, and ending September 30, 2020; providing a sinking fund for the retirement of the bonded debt of the city; including procedural provisions; and providing an effective date; and consider approval of Ordinance 2019-22, on the first of two readings.
Attachments: 1. 2019 Tax Rate Ordinance.pdf
AGENDA CAPTION:
Title
Receive a Staff presentation and hold a Public Hearing to receive comments for or against Ordinance 2019-22, setting the Tax Rate for the 2019 Tax Year at 61.39 cents on each $100 of taxable value of real property that is not exempt from taxation; levying taxes for the use and support of the Municipal Government of the City for the fiscal year beginning October 1, 2019, and ending September 30, 2020; providing a sinking fund for the retirement of the bonded debt of the city; including procedural provisions; and providing an effective date; and consider approval of Ordinance 2019-22, on the first of two readings.
Body
Meeting date: August 20, 2019

Department: Finance-Heather Hurlbert, Finance Director

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Fiscal Note:
Prior Council Action: City Council adopted the budget policy on XX and has held budget workshops on June 26, June 27, and August 1.

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Background Information:
City Council held workshops on June 26, June 27 and August 1 to discuss the fiscal year 2020 budget and tax rate. State law requires that the City hold two public hearings before the adoption of the tax rate when the proposed tax rate ...

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