HomeMy WebLinkAboutRES 85-100 R E S O L U T I O N
WHEREAS, on March 5 , 1985 the Council passed a resolution
expressing its intent to reduce the tax rate from the $0 .81 rate
projected for the Fiscal Year 1986 down to $0 .72; and,
WHEREAS, the recent potential loss of Twenty Million
Dollars ($20,000,000) in City funds from the fradulent activities of
E .S .M . Government Securities has resulted in the institution of a
financial plan that will not allow a tax decrease in 1986; and,
WHEREAS, the Council has adopted the financial plan
proposed by the City Manager and is committed to implementation of
the plan; and,
WHEREAS, the plan is predicated upon an $0 .81 tax rate;
NOW, THEREFORE, BE IT RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BEAUMONT:
THAT the City Manager and staff are hereby directed to prepare and
present to Council a proposed budget for the 1986 Fiscal Year which
can be supported by a tax rate of $0 .81 per $100 valuation. Council
hereby declares its intent to make all reasonable efforts to adopt a
budget which provides for such tax rate.
PASSED BY THE CITY COUNCIL of the City of Beaumont this
the day of 1985.
Ae�
Mayor -
7.
March 29, 1985
Council Letter 389
Honorable Mayor and
Members of City Council
Subject: A Resolution on Intent of Council Concerning 1986 Property
Tax Rate.
The City Council discussed "at our meeting March 28, the desirability
of passing a resolution concerning the property tax rate of 1986.
The financial plan for the City of Beaumont ,adopted by the Council
at the March 26 meeting included a provision to assure the citizens
that the property tax rate for 1986 fiscal year would be the origin-
ally proposed 81¢ per $100. of assessed evaluation. The increase from
78¢ to 81¢ is to reflect the increase debt service cost for the bond
issues for street and drainage as approved by the voters in the 1980
and 1983 elections. The resolution on the Council agenda would state
City Council 's intention to let a tax levy not greater than 81¢ per
$100 of assessed evalution for the upcoming fiscal year. The budget
submittal which will be presented to the City Council will be based
upon that direction.
It is recommended that City Council approve this resolution.
42j- CY, 0,��
Karl N 1c:nb�ir gu-r
City Manager
cc: Betty Dunkerly
Kirby Richard, Budget & Research
!Myrtle Corgey, City Clerk
LJ
W/S
March 29, 1985
Council Letter 394
Honorable Mayor and
Members of City Council
Subject: Discussion of Delinquent Taxes
We have invited the County Tax Assessor/Collector, Mr. Nick Lampson
to the Work Session on April 2nd. Mr. Lampson will be present.
Some background information pertinent to the issue will be delivered
Monday.
V
-C1
Karl Nollenberger
City Manager