| | | | | | | | | City of Independence | | AGENDA ITEM COVER SHEET |
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| | | | | | | | Agenda Title:
2. Proposed property tax rates to be set by the City of Independence for the fiscal year beginning July 1, 2020, based on the current assessed valuation by Jackson and Clay Counties. Full Public Hearing |
| | | | | | | | Recommendations:
Hold Public Hearing |
| | | | | | | | Executive Summary:
Proposed property tax rates to be set by the City of Independence for the fiscal year beginning July 1, 2020, based on the current assessed valuation by Jackson and Clay Counties must be considered by Ordinance before certification to the Counties. Before the Ordinance can be considered, the City must first hold a public hearing. |
| | | | | | | | Background:
The City's budget was adopted by City Council in June 2020. In order for the County to levy taxes, the City must first certify the amount needed for the City's budget. A notice of public hearing to hear citizens on the property tax was published on September 12, 2020. |
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Fiscal Impact:
The City's 2021-2022 adopted budget includes property taxes of $8,218,000:
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| | | | | | | | | Department: Finance and Administration | Contact Person: Bryan Kidney |
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| REVIEWERS: | | Department | Action | | Finance Department | Approved | | Finance Department | Approved | | City Managers Office | Approved | | City Clerk Department | Approved |
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| Council Action: | Council Action: |
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