Consider for approval an Ordinance of the City of Galveston, Texas, adopting a total operating budget of $91,569,022 beginning October 1, 2010, including the General Fund, Rosenberg Library Fund, Debt Service Fund, Waterworks Fund, Sewer System Fund, Drainage Utility Fund, Sanitation Fund, and the Municipal Airport Fund; adopting the Island Transit Special Revenue Fund.
Consider for approval an Ordinance of the City of Galveston, Texas, adopting a total operating budget of $91,569,022 beginning October 1, 2010, including the General Fund, Rosenberg Library Fund, Debt Service Fund, Waterworks Fund, Sewer System Fund, Drainage Utility Fund, Sanitation Fund, and the Municipal Airport Fund; adopting the Island Transit Special Revenue Fund.
Consider for action ratifying the property tax increase reflected in the budget that will raise more total property taxes than last year's budget by $1,788,368 a 8.51% increase, and of that amount $263,449 is tax revenue to be raised from new property added to the tax roll this year.
V. Consider for approval an Ordinance of the City of Galveston, Texas, levying ad valorem taxes in the amount of fifty-five cents and forty mills ($0.5540) upon each one hundred dollars ($100.00) of property valuation for the calendar year 2010. VI. ADJOURNMENT
Sep 16, 2010 Special Council
Consider for approval an Ordinance of the City of Galveston, Texas, adopting a total operating budget of $91,569,022 beginning October 1, 2010, including the General Fund, Rosenberg Library Fund, Debt Service Fund, Waterworks Fund, Sewer System Fund, Drainage Utility Fund, Sanitation Fund, and the Municipal Airport Fund; adopting the Island Transit Special Revenue Fund.
Consider for approval an Ordinance of the City of Galveston, Texas, adopting a total operating budget of $91,569,022 beginning October 1, 2010, including the General Fund, Rosenberg Library Fund, Debt Service Fund, Waterworks Fund, Sewer System Fund, Drainage Utility Fund, Sanitation Fund, and the Municipal Airport Fund; adopting the Island Transit Special Revenue Fund.
Consider for action ratifying the property tax increase reflected in the budget that will raise more total property taxes than last year's budget by $1,788,368 a 8.51% increase, and of that amount $263,449 is tax revenue to be raised from new property added to the tax roll this year.
V. Consider for approval an Ordinance of the City of Galveston, Texas, levying ad valorem taxes in the amount of fifty-five cents and forty mills ($0.5540) upon each one hundred dollars ($100.00) of property valuation for the calendar year 2010. VI. ADJOURNMENT