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<br />. <br /> <br />. <br /> <br />. <br /> <br />e <br /> <br />e <br /> <br />MEMORANDUM <br /> <br />TO: <br /> <br />Robert Herrera . <br /> <br />DATE: February 17, 1982 <br /> <br />FROM: Betty Blackmon <br /> <br />SUBJECT: Amending Ordinance #1333, Setting Tax Rate for 1982 <br /> <br />Due to the error in our assessment roll for 1982, our predicted <br />values for 1982 were lower by $22,842,360, which resulted in <br />a tax levy of $3,663,690.22 instead of $3,816,343.98, a loss <br />of $164,465.01 in revenue. Our Industrial District levy for <br />1982 was $3,020,579.08 instead of $2,704,868.00 an increase <br />of $315,731.08. <br /> <br />On the advice of our attorney Knox Askins we are requesting <br />that ordinance #1333 be amended by changing the tax rate per <br />$100 valuation from .54285 for the general fund to .53498; <br />from .17715 for debt service fund to .18502. <br /> <br />Betty Blackmon <br />