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File #: 2016-267    Version: 1 Name:
Type: Authorization Status: Passed
File created: 7/8/2016 In control: City Council
On agenda: 7/18/2016 Final action: 7/18/2016
Title: Adoption of 2016 millage rate of 8.99 mills.
Sponsors: Ron Fennel
Attachments: 1. 2016-267 Issue Sheet, 2. millage rate 071816

Impact

WARD:  City-wide                                          

 

COMMITTEE:  Finance

 

$ IMPACT

 

Title

Adoption of 2016 millage rate of 8.99 mills.

 

Body

ISSUE

The 2016 millage rate needs to be formally adopted by Council.

 

BACKGROUND

The FY17 budget that was approved by council included revenue projections based on 8.99 mills. This is the formal adoption of the 8.99 millage rate.

 

RECOMMENDATION/REQUESTED ACTION

Adoption of the 2016 millage at 8.99 mills.