Document Date
Meeting Description
Document Type
Meeting Date
Page Number
7
Bond Sale Plan and Debt Service Analysis for General Fund — continued
Tax Rate Implications
As discussed during the Budget Review Committee meeting, it is most difficult to calculate with any degree of
relevant specificity, the projected impact of each capital project funded by bonds on the tax rate. There are
several components (revenues and expenses) to the City’s adopted budget that impact the tax rate. An overall
target such as “a tax rate increase of less than three percent” is more appropriate.
If you or others have any additional questions please feel to contact me.
Cc Mayor Jim Donchess
Cheryl Lindner, Chief of Staff
John Griffin, CFO/Comptroller
Donna Graham, Legislative Affairs Manager
19-035
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