Staff recommends that the City Council conduct one public hearing for all of the levies/assessments and approve each individual resolution. These levies/assessments are listed as sub items under one agenda item.  The Council may conduct one public hearing where anyone may speak about any of the levies/assessments.  After the public hearing is closed, the Council will need to take action on each individual levy/assessment resolution.  All resolutions may be approved by a majority vote.

The following property tax levy and annual assessment resolutions have been completed by the Finance Department and the levies/assessments are ready to be spread on the tax files.
 

Downtown Business Improvement District

Mill Levy Rates for General Fund, Transit, Library & Public Safety 1

Tourism Business Improvement District

The mills will remain the same at 109 in FY 2021 for General Fund, Transit, Library, and Public Safety 1 levies. The TBID assessment is $2 per rented room per night and has not changed from last year.  The DBID assessment is based on many factors which includes total square footage, count of all parcels, total taxable value, and total building square footage within the district.  For FY 2021 the assessments for the DBID total $408,936.72.

City Council may:

• Approve, or;
• Disapprove and provide additional guidance to staff.
• Amend and approve the resolutions

Establishing these mills will allow the City's General, Public Safety I, Transit, and Library funds to collect the maximum allowed by the Charter for the upcoming fiscal year.