File #: ID 15-624    Version: 1 Name: Budget Reallocation (Revenues)
Type: Reallocation Status: Passed
File created: 11/18/2015 In control: City Council
On agenda: 11/24/2015 Final action: 11/24/2015
Title: Consider the reallocation of budgeted revenues in the amount of $578,000
Attachments: 1. Budget Reallocation (Budget Revenues)

Subject:

Title

Consider the reallocation of budgeted revenues in the amount of $578,000

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Presented By:  City Staff.

 

Recommendation and Review

In August, City Council reduced the originally approved fiscal year 2016 real estate tax rate from $0.735 to $0.72. This budget reallocation reduces budgeted real estate tax revenue by $578,000.