Set tax rate at 0.14% for pension fund override

Labor & City WorkersBudget<UNKNOWN>

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

Moved by: ButtSeconded by: Ritterman
Passed