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CITY COUNCIL AGENDA MEMO |
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| | | | | | | | | MEETING DATE: | 9/12/2022 | | DEPARTMENT: | Budget | | DIRECTOR: | Karen Rhodes-Whitley, Director of Budget and Research | | AGENDA ITEM: | Public Hearing on Property Tax Rate | | RECOMMENDED ACTION: | Items for Individual Consideration |
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| | | | | | | | ITEM SUMMARY Public Hearing on the proposed tax rate of $0.4176 per $100 of taxable value for Fiscal Year 2022-23. (The first Public Hearing was held on August 22, 2022.) Conducted |
| | | | | | | | BACKGROUND The City of Plano tax rate is equal to the No-New-Revenue Tax Rate at $0.4176 per $100 of taxable value. The City Council is scheduled to adopt the tax rate on Monday, September 12, 2022. |
| | | | | | | | FINANCIAL SUMMARY/STRATEGIC GOALS Public hearing on the proposed tax rate.
A Public Hearing on the proposed tax rate relates to the City's Strategic Plan Critical Success Factor of Excellent, Innovative, and Accountable City Government. |
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