File #: 16-1993    Version: Name: Public Hearing - Second Public Hearing on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2017 at a Rate of $0.7100 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of J
Type: Consideration Item Status: Public Hearing
File created: 8/15/2016 In control: City Council
On agenda: 8/29/2016 Final action: 8/29/2016
Title: Public Hearing - Second Public Hearing on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2017 at a Rate of $0.7100 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of January 1, 2016, to Provide Revenues for the Payment of Current Expenditures and to Provide an Interest and Sinking Fund on all Outstanding Debts of the City, and Providing for Due and Delinquent Dates Together With Penalties and Interest
Sponsors: Peter Phillis
Attachments: 1. Ordinance
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Public Hearing - Second Public Hearing on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2017 at a Rate of $0.7100 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of January 1, 2016, to Provide Revenues for the Payment of Current Expenditures and to Provide an Interest and Sinking Fund on all Outstanding Debts of the City, and Providing for Due and Delinquent Dates Together With Penalties and Interest

 

Requested Action

Provide opportunity for the citizens of Mansfield, Texas to offer their ideas regarding the FY 2016/2017 tax rate.

 

Recommendation

Receive citizen input regarding the tax rate.

 

Description/History

The City of Mansfield, Texas has announced a tax rate of $0.71 to support the budget for fiscal year 2017.  The public hearing is to receive input from the public about the tax rate.

 

Justification

Provide for the annual service program to the City of Mansfield, Texas for fiscal year 2017.

 

Funding Source

N/A

 

Prepared By

Peter K. Phillis, Deputy City Manager

817-276-4261