Council passes over Resolution 391 after staff says action not required
Council members passed over Resolution Number 391 after staff advised the adopted tax rate did not exceed the no-new-revenue rate, so the city was not required to adopt the resolution acknowledging a tax increase. The meeting adjourned at 6:03 PM.
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The Newark City Council considered Resolution Number 391 during the Sept. 10 special meeting and decided to pass the item over without action after staff advised it was not required. City staff explained that because the adopted tax rate of $0.574801 per $100 does not exceed the no-new-revenue tax rate, adopting Resolution No. 391 (which acknowledges raising more revenue from property taxes than the previous year) was not legally required.
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