Set tax rate for pension fund at 14 cents per $100 property value
In Plain English
The city collects a separate property tax to fund employee pensions. This sets the rate at 14 cents for every $100 of your property's assessed value for the 2005-2006 budget year. A home valued at $300,000 pays $420 annually in pension taxes under this rate.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 0
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