Set tax rate at 0.14% for pension fund override
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.
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The Story So Far
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