2016.09.12 Council Agenda Item 06

Summary

Order to set FY17 real and personal property tax due dates.

A public comment period will be included with this item. (3 minutes per person)

ACTION: Council action is anticipated.

Description

Finance Director Pete McHugh will also offer a presentation on the property tax rate calculations for 2016-17. The calculations are attached.

UPDATE 09/09/16: The document previously posted containing the tax rate calculations has been replaced with a document that shows the distribution in the same format that has been used in previous years. There may be a new distribution model in the future that will re-state some areas of municipal spending in what is known as Tax Increment Financing Districts. This new format will be discussed during the development of the FY17/18 budget.