File #: REP 15-492    Version: 1 Name: 2016 Property Tax Levy Presentation
Type: Informational Report Status: Meeting Item
File created: 10/20/2015 In control: CITY COUNCIL WORKSHOP
On agenda: 10/26/2015 Final action:
Title: 2016 Property Tax Presentation Details: This presentation was for the purpose of reviewing property tax options for the 2016 Levy Year. Staff reviewed historical data as well as presented the property tax calculation in detail. Discussion of options regarding the 1% property tax limit as well as the Implicit Price Deflator Limit of 0.251% took place. Presenter: Cathy Huber Nickerson, Finance Director
Indexes: Budget, Property Taxes
Attachments: 1. Property Tax 2016 - Recommended Budget
Related files: REP 15-469, AI 15-407, ORD 15-018, ORD 15-020, RES 15-019, ORD 15-019, REP 15-540
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Title

2016 Property Tax Presentation

Details:  This presentation was for the purpose of reviewing property tax options for the 2016 Levy Year. Staff reviewed historical data as well as presented the property tax calculation in detail. Discussion of options regarding the 1% property tax limit as well as the Implicit Price Deflator Limit of 0.251% took place.

Presenter:  Cathy Huber Nickerson, Finance Director

Recommended Action

Recommended Action:  Staff requests Council's direction on the property tax options in order to make any appropriate adjustments to the 2016 Proposed Readoption Budget.