Item 4K Consider proposal to adopt a tax increase and set public hearing on the tax rate for the August 21, 2012 and September 4, 2012 City Council meeting
Item 4K
Proposed Tax Rate
Proposed tax rate is $.462
No change from FY 2012
Exceeds effective tax rate $.459457
0.55% increase
Requirements
Truth in Taxation requires
Vote to place proposal to adopt the “increase” on a future agenda
Hold two public hearings
August 21, 2012
September 4, 2012
(regular City Council meetings)
Questions: Sharen Jackson