The City Council document discusses the 2013-14 budget. It will: a) Hold a public hearing on the proposed property tax levy. The rate cannot exceed 0.781/$100 valuation. b) Introduce the budget ordinance, which includes funding for a meet and confer contract, fire training center debt service, and other obligations. c) Hold a record vote to ratify a 2.52% property tax increase, with adoption scheduled for a future meeting. Future meetings will adopt the budget and tax levy ordinances.

1. City Council
August 20, 2013

2. 2013-14 Budget

3. 2013-14 Budget

4. • Today we’re going to
a) Have a public hearing on the tax levy
b) Introduce and hold a public hearing on the budget
ordinance
c) Hold a record vote ratifying the property tax revenue
increase

5. 2013-14 Budget
a) First public hearing of a proposed property tax levy for
the City of San Angelo for the 2013 tax year
• On August 6, 2013 Council took a record vote to
propose a property tax rate
• The adopted rate may not exceed 0.781/$100
valuation
• The property tax levy ordinance will be introduced at
the regular City Council meeting September 3, 2013

6. 2013-14 Budget
b) These items are included in this budget:
• Meet & Confer contract
$465,138
• Fire Training Center Debt Service
$200,000
• Contractually obligated target increase requests
$2,445
• Contingency (raises, priorities, target increases, etc.)
$1,308,635

7. 2013-14 Budget

8. 2013-14 Budget
• c) Conduct a separate record vote to
“Ratify the property tax increase of 2.52% as reflected
in the newly adopted budget and place the adoption of
this tax rate increase on the agenda for the September
3, 2013 regular meeting of the City Council as an
action item.”

9. 2013-14 Budget
• Coming up at future meetings:
September 3rd
• Adopt the budget ordinance
• Introduce the tax levy ordinance
September 17th
• Adopt the tax levy ordinance