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2016.12.05 CC PowerPoint Budget Hearing
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2016.12.05 CC PowerPoint Budget Hearing
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2/23/2017 12:05:49 PM
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2/23/2017 12:04:04 PM
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City Council
Document Type
PowerPoint Presentation
Meeting Date
12/5/2016
Meeting Type
Regular
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Comparative 2016 Tax Rates <br />• Average City Tax Rate (27 cities in 7 County Metro <br />Area 10,000 — 24,999 Pop) ........ 46.960% <br />• Average Actual LGA ................ $669,310 <br />• Tax on $222,500 Homestead = $964.02 <br />• City of Hugo's Urban Tax Rate ... 36.323% <br />• Actual Local Government Aid .....$0 <br />• Tax on $222,500 Homestead = $745.66 <br />Difference of $218.36 <br />Difference of 23% <br />
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