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AI 16-313

Public Hearing for 2017 Property Tax Levy Details: This public hearing provided citizens an opportunity to give public testimony regarding the 2017 General Fund Levy, the Emergency Medical Services (EMS) Levy and the Voted Library Bond Levy. If Council elected to not approve the Utility Tax ordinance, the General Fund Levy was recommended to increase by the implicit price deflator (IPD) rate of .953% and by .047% for substantial need for the total increase to the lawful limit of 1%. If Council had approved the Utility Tax Ordinance, the General Fund Levy was recommended to be reduced by $264,000 after increasing the levy by the lawful limit of 1%. The EMS Levy was recommended to increase by the IPD rate of .953% and by .047% for substantial need for the total increase to the lawful limit of 1%. The Voted Library Bond Levy was recommended at the 2017 debt service obligation. Presenter: Cathy Huber Nickerson, Finance Director

Action Item Meeting Item Introduced November 15, 2016
Committee
CITY COUNCIL REGULAR
Requested by
Finance
Introduced
November 15, 2016
On agenda
November 21, 2016