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File #: AI 16-313    Version: 1 Name: 2017 Property Tax Levy Public Hearing
Type: Action Item Status: Meeting Item
File created: 11/15/2016 In control: CITY COUNCIL REGULAR
On agenda: 11/21/2016 Final action:
Title: Public Hearing for 2017 Property Tax Levy Details: This public hearing provided citizens an opportunity to give public testimony regarding the 2017 General Fund Levy, the Emergency Medical Services (EMS) Levy and the Voted Library Bond Levy. If Council elected to not approve the Utility Tax ordinance, the General Fund Levy was recommended to increase by the implicit price deflator (IPD) rate of .953% and by .047% for substantial need for the total increase to the lawful limit of 1%. If Council had approved the Utility Tax Ordinance, the General Fund Levy was recommended to be reduced by $264,000 after increasing the levy by the lawful limit of 1%. The EMS Levy was recommended to increase by the IPD rate of .953% and by .047% for substantial need for the total increase to the lawful limit of 1%. The Voted Library Bond Levy was recommended at the 2017 debt service obligation. Presenter: Cathy Huber Nickerson, Finance Director
Indexes: 2017-2018 Budget, Property Taxes
Related files: REP 16-320, REP 16-375, REP 16-405, REP 16-429, ORD 16-020, ORD 16-022, ORD 16-023, ORD 16-024, REP 17-413
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Public Hearing for 2017 Property Tax Levy

Details:  This public hearing provided citizens an opportunity to give public testimony regarding the 2017 General Fund Levy, the Emergency Medical Services (EMS) Levy and the Voted Library Bond Levy. If Council elected to not approve the Utility Tax ordinance, the General Fund Levy was recommended to increase by the implicit price deflator (IPD) rate of .953% and by .047% for substantial need for the total increase to the lawful limit of 1%. If Council had approved the Utility Tax Ordinance, the General Fund Levy was recommended to be reduced by $264,000 after increasing the levy by the lawful limit of 1%. The EMS Levy was recommended to increase by the IPD rate of .953% and by .047% for substantial need for the total increase to the lawful limit of 1%. The Voted Library Bond Levy was recommended at the 2017 debt service obligation. 

Presenter:  Cathy Huber Nickerson, Finance Director

Recommended Action

Recommended Action:  Staff recommends that Council conduct a public hearing and deliberate regarding the 2017 property tax levies.