HomeMy WebLinkAbout1980-01-14 70 AH RESOLVE]0 AN
Introduced by Councilor Bx untas January 14, 1988
_ CITY OF BANGOR
(TITLE.) POO& C. Establishing 1980 Tax Increase Goal of $5.00
By W qty Coxni2 of W City OfFouvr:
ARSOLM. THAT WHEREAS, the proposed 1980 tax rate would be $29.90
per thousand dollars of valuation, end
WHEREAS, the increase of $J. 75 per thousand dollars of
valuation as presented 1s unacceptable to this Council, and
WHEREAS, establishing a goal of limiting the increase to
$5.00 per thousand dollars of valuation is more reasonable under current
circumstances,
NOW THEREFORE, BE -9 RESOLVED, that the City Manager
Is hereby Instructed to decrease the municipal budget by $660,825. and
be It further
RESOLVED, that the Superintending School Committee is
hereby instructed to decrease the School Department budget by $562,925,
and be it further
RESOLVED, that should the final 1980 property valuation
exceed the current estimate of $445 million dollars, this additional
revenue would: be used to further reduce the $5.00 increase.
Statement of Fact: The reductions were calculated using the percentage
that the municipal and school department proposed expenditure budgets
bear to the total proposed 1980 expenditure budget (Municipal 54%,
School 46%).
In City Council January ",19M E ESU L V E
Motion for Amendment Felled Establishing a 3930 Tax Sncresse
Vote 2 Yes 6 No 1 Absent _ 4 Q,
V ting Yea Portr Z dzian
'
Voting go Bronntasnoass,
Mc Karnm.3wryïż½Waymwtha
Wood. Absent Baldaoci
Motion for Pasaege. Approved.
Vote 6Yes So 1 Absent
Voting Yes Beountasg Gas6,
Mc Nesoan.Swcy,WeymmthlWooi
Voting No Borter.2endzien
Absent Baldacei
' ity Clerk
,ag JRg10 PA106
CITY OF BELVANG01'.
CITY CLERK