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Item 6F Ordinance 1121, 2nd Reading provide for a residential homestead property tax exemption Item 6F 1 2 PER SKY email: The goal of this portion of the presentation is to ensure that Councilmembers understand the financial guidelines that are used to develop the budget.  We can talk about each guideline and give examples of how we achieve compliance. We can also talk about trends. the City strictly adheres to some key guidelines when preparing its budget. A few of these guidelines are shown on the screen. 3 5.5 cent tax rate reduction 4 5 6 Questions? 7