Set tax rate at 0.14% for pension fund override

Labor & City WorkersBudget<UNKNOWN>Ordinance

Resolution Ordinance No. 12-12

In Plain English

The city collects a separate property tax to help pay for employee pensions beyond what the regular budget covers. This ordinance sets that tax rate at 0.14% for the 2012-13 fiscal year. If approved, property owners pay an additional $1.40 for every $1,000 of assessed property value.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

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