File #: 21-4252    Version: 1 Name: Public Hearing - Public Hearing on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2022 at a Rate of $0.6900 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of January
Type: Consideration Item Status: Public Hearing
File created: 8/26/2021 In control: City Council
On agenda: 9/13/2021 Final action:
Title: Public Hearing - Public Hearing on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2022 at a Rate of $0.6900 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of January 1, 2021, 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: Joe Smolinski, Troy Lestina
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Title

Public Hearing - Public Hearing on the Tax Rate, Levying the Ad Valorem Taxes for the Fiscal Year 2022 at a Rate of $0.6900 per One Hundred Dollars ($100.00) Assessed Valuation on all Taxable Property Within the Corporate Limits of the City as of January 1, 2021, 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 2021/2022 tax rate.

 

Recommendation

Receive citizen input regarding the tax rate.

 

Description/History

The City of Mansfield, Texas has announced a tax rate of $0.69 to support the budget for fiscal year 2022.  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 2022.

 

Funding Source

N/A

 

Prepared By

Troy Lestina, Director of Finance

817-276-4258