Laserfiche WebLink
MAYOR AND CITY COUNCIL <br /> PAGE TEN <br /> MAY 31, 1990 <br /> Note: No allowance made of household or <br /> population growth. ( .05% of the greater of <br /> the two. ) <br /> Repeal of levy limits which was to have gone <br /> into effect in 1992 has been rolled back by <br /> the Legislature to 1993. <br /> If the LGA cuts that were made in 1990 and <br /> 1991 do not result in the total saving goal <br /> established by the Legislature, further cuts <br /> in LGA are to be expected. <br /> Changes to property tax rates were also <br /> implemented in the 1990 Tax Bill and are as <br /> shown below. <br /> Homestead: <br /> PAY 90 PAY 91 <br /> First $68, 000 1 % 1 % <br /> $68-$100 ,000 2% $68-$110 , 000 2% 111, <br /> Over $100 , 000 3% Over $110 , 000 3% <br /> Commercial/Industrial: <br /> Pay 90 Pay 91, <br /> First $100,000 3.3% 3.2% <br /> Over $100,000 5.06% 4.95% <br /> Should you have any questions regarding the above information <br /> I will be happy to respond to them to the best of my ability <br /> or obtain additional information for you. <br /> cc: Department Heads <br /> City Attornies Meyers and Karney <br /> City Planner Hren <br />