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.~ <br />-~ <br />j r ~ ~ <br />\~~ F~+a~:c t 13 ~ ~7i.5020 • P. O. Eoz i 115 • t_~. FOftTF_. TFx<.s 77571 <br />`/ 11 <br />u <br />August 18, 1975 <br />La Porte City Commission <br />P.O. Box 1115 <br />La Porte, Texas 77571 <br />Dear Fellow Commissioners, <br />As per section 34 of the City of La Porte Charter <br />• - <br />I am happy to submit to you the proposed budget for the <br />fiscal year of October 1, 1975 to September 31, 1976. <br />This budget was prepared in accordance with State Statues <br />and the Charter of La Porte. <br />In this budget is included an estimate of anticipated <br />revenue expenditures for the various departments and debt <br />requirements for general obligation and revenue bonds. <br />I anticipate a collection rate of 98% based on estimated <br />valuation of $106,240,000.00 for 1975 taxes. Taxes are <br />based at $ .92 per 800 of $100.00 appraised evaluation, <br />which is the same tax rate for previous years. <br />Industrial complexes as well as conservative spending <br />U <br />on the part of fellow commissioners and city employees <br />