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			7.
Road District
Meeting Date: 09/01/2020   Fiscal Year 2021 Tax Rate - Somerset Submitted For: Melanie Denny Submitted By: Melanie Denny, County Auditor Department: County Auditor
Information
Agenda Item
Discuss and take appropriate action to include a record vote on a proposed tax rate for Somerset Hills Road District #4 for tax year 2020.
Background
In order to meet the debt service obligations of the district it is being recommended that a tax rate of $0.2900 be adopted to meet the debt service budget of $232,880.  Attached is a letter from Garry Kimball, financial advisor, that gives the highlights of the assessed valuation and the recommendation for the rate; and an order levying taxes for the Road District.
Fiscal Impact
From/To Acct No. Description Amount
Attachments Somerset Hills Tax Rate Letter Somerset Hills Road District #4 Tax Rate Order
Form Review Inbox Reviewed By Date County Judge Exec Asst. Andrea Schiele 08/26/2020 04:08 PM Form Started By: mdenny Started On: 08/23/2020 05:46 PM Final Approval Date: 08/26/2020

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