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CL- 2117 New Business   Item #:   D.    
City Council Regular Meeting
Meeting Date: 05/21/2019  
Subject:    Real Estate Tax Increase
From: Cynthia Thomasson

COUNCIL ACTION
First Reading:     05/21/2019 - Public Hearing
Final Adoption:   06/04/2019
SUMMARY
The Fiscal Year 2020 City Council Introductory Budget includes a Real Estate Tax increase from $0.80 of assessed value to $0.84 per $100 of assessed value.  This represents a $0.04 increase in the tax rate over the current rate.

 
RECOMMENDATION
It is recommended that City Council approve the attached Ordinance amending the City Code for the Real Estate Tax rate.

Attachments
Ordinance

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