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<br />e e <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />AGENDA DATE Seotember 8. 1997 REQUESTED BY Jeff Utchfield. Finance Director/AC~ <br />_ REPORT; _ RESOLUTION; XX ORDINANCE; <br /> <br />The Fiscal Year 1997~98 Budget was built around a tax rate of 71 cents per hundred dollar <br />valuation. <br /> <br />A breakdown of the tax rate is as follows: <br /> <br />General Fund = 57 cents per hundred dollar valuation <br /> <br />Debt Service = 14 cents per hundred dollar valuation <br /> <br />The tax rate of 71 cents is the same rate that has been adopted for the last eight years. <br /> <br />ACTION REQUIRED BY COUNCIL: <br /> <br />Approve Ordinance establishing the tax rate for Fiscal Year 1997-98 at 71 cents per hundred <br />dollar valuation. <br /> <br />FUND N/A ACCT NUM: N/A <br />APPROVED FOR CITY COUNCIL AGENDA <br />GJ.~ I. \t~ <br />ROBERT T HERRERA, CITY MANAGER <br /> <br />FUNDS AVAILABLE: N/A <br /> <br />ct - Ll- Cf.., <br />DATE <br />