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<br />. <br /> <br />. <br /> <br /> <br />REQUEST FOR CITY CO <br /> <br />CIL AGENDA ITEM <br /> <br />Appropriation <br /> <br />Requested By: C nthia B. Alexander <br /> <br />Source of Funds: NI A <br /> <br />Department: Finance <br /> <br />Account Number: N/A <br /> <br />Report: <br /> <br />Resolution: <br /> <br />Ordinance: XX <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 />SUl\'IMARY & RECOMMENDATION <br /> <br />The Fiscal Year 2004-05 Budget was built around a tax rate of 71 cents per hundred dollar valuation. <br /> <br />A breakdown of the tax rate is as follows: <br /> <br />General Fund = .612 cents per hundred dollar valuation <br /> <br />Debt Service = .098 cents per hundred dollar valuation <br /> <br />The tax rate of 71 cents is the same rate that has been adopted for the last sixteen years. <br /> <br />Action Required bv Council: <br /> <br />Approve Ordinance establishing the tax rate for Fiscal Year 2004-05 at 71 cents per hundred dollar <br />valuation. <br /> <br />Approved for City Council Aeenda <br /> <br />De~~}:!1~~~ <br /> <br />------ <br /> <br />'i-/7-tJi <br /> <br />Date <br />