| | | | | | | | | City of Independence | | AGENDA ITEM COVER SHEET |
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| | | | | | | | Agenda Title:
3. A public hearing on proposed property tax rates to be set by the City of Independence for the fiscal year beginning July 1, 2023, 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, 2023, 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 with Ordinance #19453 by City Council on June 20, 2023. In order for the County to levy tax rates, 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. |
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Fiscal Impact:
The tax revenue is projected as part of the FY 2023-2024 Operating Budget.
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| | | | | | | | | Department: Finance | Contact Person: Cindy Gray |
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| REVIEWERS: | | Department | Action | | Finance Department | Approved | | Finance Department | Approved | | City Council Mgmt Analyst | Approved | | Finance Department | Approved | | City Managers Office | Approved | | City Clerk Department | Approved |
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| Council Action: | Council Action: |
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