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2015.12.07 CC PowerPoint Budget Hearing
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2015.12.07 CC PowerPoint Budget Hearing
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2/21/2017 4:25:13 PM
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2/21/2017 4:23:17 PM
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City Council
Document Type
PowerPoint Presentation
Meeting Date
12/7/2015
Meeting Type
Regular
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Comparative 2015 Tax Rates <br />• Average City Tax Rate (30 cities in 7 County Metro <br />Area 10,000 — 24,999 Pop) ........ 43.841 <br />• Average Actual LGA ................ $596,855 <br />• Tax on $228,100 Homestead = $1,000.01 <br />• City of Hugo's Urban Tax Rate ... 36.318% <br />• Actual Local Government Aid .....$0 <br />• Tax on $228,100 Homestead = $828.41 <br />Difference of $171.60 <br />Difference of 17% <br />
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