There are 8 article(s) tagged 2021-22 budget:
The new tax rate of $1.75 per $100 of assessed value is an increase over the certified tax rate of $1.51 set following reappraisal. The certified rate accounts for the increase in property values seen in this year’s reappraisal of property for tax purposes.
Based on a scheduling snag, the Bartlett Board of Mayor and Aldermen is delaying key votes on the final reading regarding the fiscal year 2022 budget and tax rate until later this month.
The public hearing on the potential property tax increase was delayed Tuesday because of a scheduling notification problem.
Arlington officials approved the initial proposal of a $1.28 property tax rate. Meanwhile, an emergency department and a veterans home also were approved.
Mayor Keith McDonald’s administration believes the tax increase is necessary to maintain the city’s current services, pay current (and future) employees a more competitive wage and address its debt service.
Lakeland officials began their review of the annual budget and property tax rate, approving the ordinances on first reading.
Votes on the budget and tax hike passed unanimously in separate votes on first reading at Bartlett City Hall Tuesday night. Two more readings are required on both before they become enacted for the coming fiscal year.
The $19.25 million for the upcoming fiscal year directs more money to teachers and maintenance of future athletic fields.
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