Title
Approval of the Millage Rate of 5.455 mills for the FY 2011 Budget. (Second Reading)
Body
Item Summary:
This Ordinance adopts a millage rate of 5.455 (4.059 General Fund Maintenance and Operations and 1.396 General Obligation Debt).
Committee or Staff Recommendation:
On June 7, 2010, Council approved the first reading of this Ordinance.
Financial Impact:
This millage rate does not result in an increase in the property tax rate.
Presented by:
Kay G. Love, City Administrator