Share to Facebook Share to Twitter Bookmark and Share
File #: ORD 16-020    Version: 1 Name: 2017 Ad Valoren Taxes for the General Fund
Type: Ordinance Status: Passed
File created: 11/15/2016 In control: CITY COUNCIL REGULAR
On agenda: 11/21/2016 Final action: 11/21/2016
Title: Ordinance No. 16-020 2017 Ad Valorem Taxes for the General Fund Details: Council considered two property tax ordinances for the General Fund. The first ordinance provided for 1% increase after approving Resolution No. 16-018, as provided by law. If Council had approved Ordinance No. 16-024 authorizing the use of utility taxes on telephone (1%), cable (1%), storm water (3%) and solid waste (3%), then Council could have considered approving the alternate Ordinance No. 16-020 reducing property taxes by 1.45%. Presenter: Cathy Huber Nickerson, Finance Director
Indexes: 2017-2018 Budget, Property Taxes
Attachments: 1. Ordinance No. 16-020 Ad Valorem Taxes for General Fund for 2017-1%, 2. Ordinance No. 16-020 Ad Valorem Taxes for General Fund for 2017-Reduction
Related files: REP 16-305, REP 16-429, REP 16-031, REP 16-366, RES 16-018, AI 16-313, REP 16-320, REP 16-337, REP 16-375, REP 16-405, REP 16-419, REP 16-446, ORD 16-024, ORD 16-023, REP 17-412

Title

Ordinance No. 16-020 2017 Ad Valorem Taxes for the General Fund

Details:  Council considered two property tax ordinances for the General Fund. The first ordinance provided for 1% increase after approving Resolution No. 16-018, as provided by law. If Council had approved Ordinance No. 16-024 authorizing the use of utility taxes on telephone (1%), cable (1%), storm water (3%) and solid waste (3%), then Council could have considered approving the alternate Ordinance No. 16-020 reducing property taxes by 1.45%.

Presenter:  Cathy Huber Nickerson, Finance Director

Recommended Action

Recommended Action:  Staff recommends Council move to adopt Ordinance No. 16-020 and publish according to law.