HomeMy WebLinkAboutResolution 2994 Intent to increase property tax for FY95
COMMISSION RESOLUTION NO. 2994
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, STATING THE CITY'S INTENT TO BUDGET AN INCREASED AMOUNT
OF AD VALOREM TAX REVENUE FOR FISCAL YEAR 1994-1995.
WHEREAS, the City Manager has prepared and submitted his recommendations for the
budget for Fiscal Year 1994-1995; and
WHEREAS, the City Commission has prepared for adoption a tentative appropriation
ordinance which requires the use of ad valorem tax revenues in excess of the amount received last
year; and
WHEREAS, Section 15-10-203, Montana Code Annotated, requires that a public hearing be
held when the local taxing authority budgets an increased amount of ad valorem tax revenue
(property taxes) in excess of the property tax revenue it received the previous fiscal year, exclusive
of revenue from ad valorem taxation on properties appearing for the first time on the assessment
rolls; and
WHEREAS. the City of Bozeman intends to budget an increase in revenue from property
taxation by 7.7 percent.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman,
Montana:
Section 1
That the City Commission of the City of Bozeman intends to budget an increased amount
of ad valorem tax revenue for Fiscal Year 1994-1995 in excess of the property tax revenue received,
exclusive of revenue from ad valorem taxation on properties appearing for the first time on the
assessment rolls. for Fiscal Year 1993-1994.
Section 2
That a public hearing on the intent to budget an increase in the property tax revenue is
hereby set for 7:00 p.m. on Monday, August 22, 1994. in the Commission Room, City Hall, 411 East
Main Street, Bozeman, Montana, at which time testimony in support of and in opposition to this
proposed budgeting for an increase in property tax revenue will be heard and considered.
PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a
regular session thereof held on the 1 st day of August 1994.
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ATTEST:
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ROBIN L. SULLIVAN
Clerk of the Commission
APPROVED AS TO FORM:
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NOTICE OF BUDGET INCREASE FROM PROPERTY TAXES
The City of Bozeman intends to budget an increase in revenue from property
taxation by 7.7 percent.
All concerned persons are invited to attend a public hearing on budgeting the
increased property tax revenue to be held at 7:00 p.m. on Monday, August 22, 1994,
in the Commission Room, Municipal Building, 411 East Main Street, Bozeman,
Montana.
A decision on budgeting the increased property tax revenue will be made
after considering comments made at this hearing.
For further information, please contact Robin Sullivan, Clerk of the
Commission, City Hall, 411 East Main Street, or by telephoning 586-3321, Extension
203, during regular business hours.
DA TED this 2nd day of August 1994.
ROBIN L. SULLIVAN
Clerk of the Commission
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Publish: Sunday, August 7, 1994
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