A | 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) | ||||||||||||
Finance Director Brandi Suda introduced the item and provided a brief overview. Councilmember Salas asked what options would be available should the Council not pass the tax. Ms. Suda indicated that the City could look at raising user fees or make other cuts to expenditures that were approved with the use of the funds. Councilmember Salas asked how much revenue is generated with the increase to which Ms. Suda stated $130,000. The following individuals addressed Council in opposition of an increase in the property tax:
The following comments were received:
Councilmember Shimoni clarified that the 20% increase in overall budget is related to carryover funding for capital projects, it is not funding that can be used for other purposes. |
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Moved by Councilmember Jim McCarthy, seconded by Councilmember Austin Aslan to read Ordinance No. 2019-15 by title only for the final 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 | |||||||||||||
Moved by Councilmember Austin Aslan, seconded by Councilmember Jim McCarthy to adopt Ordinance No. 2019-15. | |||||||||||||
Vote: 4 - 3 | |||||||||||||
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