Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Policy topic
No spam. Unsubscribe anytime.
Huachuca City council directs staff to start Truth in Taxation public-notice process
Summary
Council voted unanimously to direct staff to begin the Truth in Taxation public-notice process as part of next year’s budget work; staff presented illustrative revenue scenarios and homeowner impacts.
The Huachuca City Council voted unanimously on March 12 to direct staff to begin the Truth in Taxation public-notice process as part of its budget calendar.
Town Manager Suzanne Harvey and staff presented illustrative revenue scenarios for council consideration. Staff described a "neutral rate" option and presented midpoint and maximum scenarios; the midpoint example was presented as yielding about $128,000 in additional revenue and the maximum scenario about $139,000. Staff used a $100,000 home as an illustration and estimated an increase of roughly $12 per year at the midpoint and about $24 per year at the maximum.
Councilmember discussion focused on timing and the administrative steps required for Truth in Taxation notices; Harvey told the council these notices would be folded into the calendar of public hearings. The council did not set a final levy or rate at the meeting — the direction taken was to prepare and publish required notices so the public may comment during the budget process.
Provenance: topicintro SEG 013; topfinish SEG 016
