City Council Special Meeting
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C.1.
Meeting Date:
09/21/2020
Submitted By:
Teresa Herrera, City Secretary
SUMMARY:
City Council at its September 8th, meeting set the public hearing date. Today, we will hear from citizens wishing to comment on the Proposed Tax Rate of $0.683774 per $100.
M&O Rate of $0.555678
I&S Rate of $0.128096
The no-new-revenue tax rate is the tax rate for the 2020 tax year that will raise the same amount of property tax revenue for the City of Palestine from the same properties in both 2019 tax year and the 2020 tax year.
RECOMMENDED ACTION:
No action recommended at this meeting. City Council will receive input from citizens wishing to comment on the proposed tax rate. City Council will vote on the Proposed Tax Rate on September 28, 2020, at 5:30 PM at City Hall, 504 N. Queen Street, Palestine, TX.
CITY MANAGER APPROVAL:
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