CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will...
Transcript of CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will...
![Page 1: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/1.jpg)
CITY OF ALTON
Fiscal Year 2018-2019
Budget Cover Page
This budget will raise less revenue from property taxes than last year's
budget by an amount of $-88,359, which is a -4.89 percent decrease from
last year's budget. The property tax revenue to be raised from new
property added to the tax roll this year is $114,955.
The members of the governing body voted on the budget as follows:
FOR: Mayor Salvador Vela
Mayor Pro Tem A Galvan
Commissioner Ricardo Garza
Commissioner Richard Arevalo
AGAINST: None
PRESENT and not voting: None
ABSENT: Commissioner Emilio Cantu Jr
Property Tax Rate Comparison
2018-2019 2017-2018
Property Tax Rate: $0.4440/100 $0.4440/100
Effective Tax Rate: $0.4600/100 $0.4538/100
Effective Maintenance & Operations Tax Rate: $0.3164/100 $0.3191/100
Rollback Tax Rate: $0.4744/100 $0.4833/100
Debt Rate: $0.1327/100 $0.1387/100
Total debt obligation for CITY OF ALTON secured by property taxes: $10,290,891
![Page 2: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/2.jpg)
![Page 3: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/3.jpg)
![Page 4: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/4.jpg)
![Page 5: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/5.jpg)
![Page 6: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/6.jpg)
![Page 7: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/7.jpg)
![Page 8: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/8.jpg)
![Page 9: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/9.jpg)
![Page 10: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/10.jpg)
![Page 11: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/11.jpg)
![Page 12: CITY OF ALTON Fiscal Year 2018-2019 Budget Cover Page€¦ · Budget Cover Page . This budget will raise less revenue from property taxes than last year's budget by an amount of $-88,359,](https://reader035.fdocuments.us/reader035/viewer/2022071117/6000e27caeacbd7430124235/html5/thumbnails/12.jpg)