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Public Hearing   1.
Special Board of Supervisors Meeting
Board of Supervisors
Meeting Date:
08/20/2015
Title:
Elfrida Elementary prop tax rate
Submitted By:
Mike McGinnis, Finance
Department:
Finance
Presentation:
No A/V Presentation
Recommendation:
Approve
Document Signatures:
BOS Signature NOT Required
# of ORIGINALS
Submitted for Signature:
2
NAME
of PRESENTER:
Mike McGinnis
TITLE
of PRESENTER:
Budget Manager
Mandated Function?:
Federal or State Mandate
Source of Mandate
or Basis for Support?:
Docket Number (If applicable):

Information

Agenda Item Text:

Approve corrected tax rate and levy for Elfrida Elementary School District  at $4.5790.

Background:

A tax rate of $4.5970 was approved by the BOS on 8/17/15. There was a transposition error on this tax rate that was discovered by the Property Tax Oversight Commission. The maximum allowable tax rate, and the tax rate approved by the Elfrida Elementary School District, was $4.5790.

Department's Next Steps (if approved):

A revised tax rate spreadsheet with the proper tax rate will be sent for printing of the tax bills

Impact of NOT Approving/Alternatives:

The incorrect tax rate, over the maximum allowable, and contrary to the rate approved by the School Board, will appear on the tax bills.

To BOS Staff: Document Disposition/Follow-Up:

N/A

Fiscal Impact

Attachments

No file(s) attached.