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City CouncilAugust 20, 2013
2013-14 Budget
2013-14 Budget
• Today we’re going to a) Have a public hearing on the tax levyb) Introduce and hold a public hearing on the budget
ordinancec) Hold a record vote ratifying the property tax revenue
increase
2013-14 Budgeta) First public hearing of a proposed property tax levy for
the City of San Angelo for the 2013 tax year• On August 6, 2013 Council took a record vote to
propose a property tax rate• The adopted rate may not exceed 0.781/$100
valuation• The property tax levy ordinance will be introduced at
the regular City Council meeting September 3, 2013
2013-14 Budgetb) These items are included in this budget:
• Meet & Confer contract $465,138
• Fire Training Center Debt Service$200,000
• Contractually obligated target increase requests$2,445
• Contingency (raises, priorities, target increases, etc.)$1,308,635
2013-14 Budget
2013-14 Budget• c) Conduct a separate record vote to
“Ratify the property tax increase of 2.52% as reflected in the newly adopted budget and place the adoption of this tax rate increase on the agenda for the September 3, 2013 regular meeting of the City Council as an action item.”
2013-14 Budget• Coming up at future meetings:
September 3rd • Adopt the budget ordinance• Introduce the tax levy ordinanceSeptember 17th • Adopt the tax levy ordinance