1985-09-26
2.
Consider:
Ordinance No. 317. Tax Rate.
Public Hearing.
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CITY OF SOUTHLAKE
667 North Carroll Avenue
Southlake, Texas
SPECIAL CITY COUNCIL MEETING
September 26,1985
7:30 p.m.
AGENDA
1.
Consider:
Ordinance No. 316. Fiscal Year 1986 Budget.
Public Hearing.
.
I hereby certify that the above agenda was posted on the official
bulletin board at city hall, 667 North Carroll Avenue, Southlake,
Texas, on Friday, September 20.198~ 4 p.m.
I VJV&XIl~
City Secretary
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COUNCILPERSONS PRESENT: Mayor; Lloyd
Latta. Davis Bradley, Marion Bone,
Bruce McCombs, Loyd Eubanks.
COUNCILPERSON ABSENT: Johnny
Westerholm.
INVOCATION:
Davis Bradley.
Mayor Latta announced that the purpOSE
of the Special City Council meeting
is to consider and approve the
Fiscal Year 1986 Budget and to Levy
Taxes and set a Tax Rate.
The Mayor gave a summary of the
budgets through the years, stating
we have a greater debt service this
year then ever before. He explained
how the Single Appraisal District
operated and that taxes are now based
on 100% of assessed value.
He explained that the notices in
the paper advertising this meeting
are worded exactly as the law require
even though it seems misleading as
our proposed increase is exactly
7.9C~over last year.
Latta highlighted the increase in
personnel in this years budget.
During the public hearing, the follo~
ing persons commented:
Rex Peteet Gary McGrafe
Ann Barns Betty Springer
Millie Wade Charles Curry
John Mathes Bob Clark
Richard Daniel Karen Hodge
Wayne Wade Jerry Blythe
John Shelton Jim Burger
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PAGE: 2 INDEX
Bradley x x
McCombs x Ordinance No. 316, Fiscal Year 1986 ORD.
Eubanks x Budget was approved. No. 3161
Bone x x
Bradley x
McCombs x x Ordinance No. 317. Tax Levy and sett- ORD. I
Eubanks x ing Tax Rate, was approved at $.26. NO. 317
Bone x x
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The meeting journed by Mayor
Latta.
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