A | Approve a Primary Property Tax Levy: of $6,892,243 in FY 2019-2020 (a 2.0% increase in levy from FY 2018-2019 plus amounts attributable to new construction) by roll call vote. AND Consideration and Adoption of Ordinance No. 2019-15: An ordinance levying upon the assessed valuation of the property within the City of Flagstaff, Arizona, subject to taxation a certain sum upon each one hundred dollars ($100.00) of valuation sufficient to raise the amount estimated to be required in the Annual Budget, less the amount estimated to be received from other sources of revenue; providing funds for various bond redemptions, for the purpose of paying interest upon bonded indebtedness and providing funds for general municipal expenses, all for the Fiscal Year ending the 30th day of June, 2020. (Primary and secondary property tax levies for FY 2019-2020) |
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Rick Lopez addressed Council with frustrations about the budget approval process and indicated that he is in opposition of the increase in property taxes. A written comment card in opposition of the increase in the primary property tax levy was submitted by Joe Galli. Ms. Goodrich stated that the budget adoption process is dictated by state statute. She recognized that the process is confusing to many. |
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Moved by Vice Mayor Adam Shimoni, seconded by Councilmember Jim McCarthy to approve the proposed increase in the primary property taxes by roll call vote as required by "Truth in Taxation" legislation. | |||||||||||||
Vote: 4 - 3 | |||||||||||||
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Moved by Councilmember Jim McCarthy, seconded by Vice Mayor Adam Shimoni to read Ordinance No. 2019-15 by title only for the first time. | |||||||||||||
Vote: 4 - 3 | |||||||||||||
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AN ORDINANCE LEVYING UPON THE ASSESSED VALUATION OF THE PROPERTY WITHIN THE CITY OF FLAGSTAFF, ARIZONA, SUBJECT TO TAXATION A CERTAIN SUM UPON EACH ONE HUNDRED DOLLARS ($100.00) OF VALUATION SUFFICIENT TO RAISE THE AMOUNT ESTIMATED TO BE REQUIRED IN THE ANNUAL BUDGET, LESS THE AMOUNT ESTIMATED TO BE RECEIVED FROM OTHER SOURCES OF REVENUE; PROVIDING FUNDS FOR VARIOUS BOND REDEMPTIONS, FOR THE PURPOSE OF PAYING INTEREST UPON BONDED INDEBTEDNESS AND PROVIDING FUNDS FOR GENERAL MUNICIPAL EXPENSES, ALL FOR THE FISCAL YEAR ENDING THE 30TH DAY OF JUNE, 2020 | |||||||||||||