08/13/1996-CC-Agenda Packet-Work SessionAGENDA
CITY COUNCIL WORKSHOP
TUESDAY, AUGUST 13, 1996
6:00 P.M.
201 BOLIVAR
1. Call Meeting to Order.
2. Discuss Fiscal Year Budget 1996-1997.
3. Any Other Such Matters.
4. Adjournment.
Rosalie' Chavez, City
Date and Time Posted
AGENDA
CITY COUNCIL WORKSHOP
MONDAY, AUGUST 19, 1996
6:00 P.M.
201 BOLIVAR
1. Call Meeting to Order.
2. Discuss Fiscal Year Budget 1996-1997.
3. Any Other Such Matters.
4. Adjournment.
Rosalie Chavez, City Secretary
Date and Time Posted
TAX RAT E
1995 Tax Rate
1996 Effective Tax Rate
Effective Tax Rate Plus 3%
1995 Taxable Value
1996 Taxable Value
1996 Taxes
95% Collection
1996 Tax Revenue
1996 Tax Rate
Maintenance and Operation
Debt Service on $91,353
Debt Service on $250,430 =
0.4837
0.4673
x 1.03
0.4813
787951, 541
8115211949
3921365
0.95
372,747
0.3596
0.1217
0.4813
0.3006
REVENUE INCREASES
water $3.25 month 57,600
wastewater $3.00 month 67,200
or
Res Com
First 1,000 $12 $20
Over 1,000
Maximum $30 $150
Electricity $1.00 month $20,000
144, 800
o r a Tax
Rate of
18.70 cents
An $0.18 increase would effect a household as follows:
YEAR MONTH
50,000 House $90 7.50
75,000 House $135 11.25
150,000 House $270 22.50