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<br />e <br /> <br />e <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: Se tember 10 2001 <br /> <br /> <br />Appropriation <br /> <br />Requested By: C nthia B. Alexander <br /> <br />Source of Funds: N/A <br /> <br />Department: Finance <br /> <br />Account Number: N/A <br /> <br />Report: <br /> <br />Resolution: XX Ordinance: <br /> <br />Amount Budgeted: N/A <br /> <br />Exhibits: <br /> <br />Amount Requested: N/A <br /> <br />Exhibits: <br /> <br />Budgeted Item: YES NO <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The Fiscal Year 2001-02 Budget was built around a tax rate of.7l cents per hundred dollar valuation. <br /> <br />A breakdown of the tax rate is as follows: <br /> <br />General Fund = 57Y2 cents per hundred dollar valuation <br /> <br />Debt Service = 13Y2 cents per hundred dollar valuation <br /> <br />The tax rate of.71 cents is the same rate that has been adopted for the last ten years. <br /> <br />Action Required bv Council: <br /> <br />Approve Ordinance establishing the tax rate for Fiscal Year 2001-02 at .71 cents per .hundred dollar <br />valuation. <br /> <br />Aooroved for City Council Allenda <br /> <br />a~ T. tl~ <br /> <br />Robert T. Herrera, City Manager <br /> <br />q..(,.o\ <br />Date <br />