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<br />I <br />I <br /> <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br /> <br />I <br />I <br /> <br /> <br />CKTY OF LA PORTE <br /> <br />PHONE (713) 471.5020 0 P. O. Bolt 1115 0 LA PORTE. TEltAS 77571 <br /> <br />o' . <br />" <br /> <br />-' <br /> <br />- ) <br />./ , <br /> <br />01'" "':.: _ _ ., <br /> <br />... ~. ~:- <br /> <br />La Porte City Commission <br />P. O. Box 1115 <br />La Porte, Texas 77571 <br /> <br />Dear Fellow Commissioners: <br /> <br />As per section 34 of the City of La Porte Charter, I am <br /> <br />happy to submit to you the proposed budget for the fiscal year <br /> <br />of October 1, 1976, to September 31, 1977. This budget was prepared <br /> <br />in accordance with State Statutes and the Charter of La Porte. <br /> <br />In this budget is included an estimate of anticipated revenue <br /> <br />expenditures for the various departments and debt requirements for <br /> <br />general obligation and revenue bonds. <br /> <br />I anticipate a collection rate of 98% based on estimated valuation <br /> <br />of $146,130,500.00 for 1976 taxes. Taxes are based at $ .92 per 80% <br /> <br />of $100.00 appraised evaluation, which is the same tax rate for previous <br /> <br />years. <br /> <br />Industrial complexes as well as conservative spending on the <br /> <br />part of fellow commissioners and city employees has played a large <br /> <br />part in being able to maintain the same tax rate. <br />