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W <br />I <br />The total budget for, 1991 'is, $18r56'1,,9l'66., This is an increase of <br />1 <br />$1,37,,6'38 or .74% over, the, 1990 budget. Tax levy -requirements to <br />finance this budget are $6,646,176,, This levy is an increase of <br />$3i3983 or a 38% over, the 1990 budget., , <br />a Mi 0 <br />ased on preliminary Estimated Market Valuations and levy lim I'ta- <br />tions,, the estiimated 19l91 Tax Capacity Rate is 14.76% as compared <br />to 14.565% in 1990. <br />a s di <br />The CI"tyi,,, as d,ol all, taxing jur-isda I ons, must establish a formal <br />hearing diate pri"Lor, to establishing the final levy,, The Staff has <br />a <br />recommended the date of November 19, 1,990 at 6:30 P.M. I f addi-Ow <br />tional, time is needed, the hearing will ble reconvened on December <br />1,71 1990 at 6:30 PI-Mi., "in the Council Chambers,. <br />k <br />�, M <br />AIIIIII ikT�N I <br />molt ion adopt ing a resolution approving the proposed annual <br />10i a <br />budget for the F.Lscal Year, beginn.Lng' January 1,, 1991 and ending <br />December 31, 1991* <br />