Item 4KItem 4K Proposal to Adopt a Tax Increase and hold a Public Hearing
Proposed Tax Rate
Proposed tax rate is $.462
No change from FY2008
Exceeds effective tax rate $.452968
Exceeds rollback rate $.453811
Truth-in Taxation Requirements
Because tax rate exceeds both the rollback and effective rates, Council must
Vote to place proposal to adopt the “increase” on a future agenda
Hold a public hearing
September 2, 2008
September 16, 2008
(regular City Council meetings)
QUESTIONS?
Sharen Jackson