September 15, 2020 at 7:00 PM - Special Meeting and Budget Hearing
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1. OPENING PROCEDURES
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1.1. Call to Order
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1.2. Pledge of Allegiance
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1.3. Announcement of Open Meetings Act
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1.4. Roll Call
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2. PUBLIC HEARINGS
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2.1. Hearing for 2020-2021 Budget & Summary
Attachments:
()
Action(s):
No Action(s) have been added to this Agenda Item.
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2.2. Hearing to Set Final Tax Request
Action(s):
No Action(s) have been added to this Agenda Item.
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3. RESOLUTIONS AND MOTIONS
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3.1. Consider Motion to Approve Allowable Growth Rate by an Additional 1%
Action(s):
No Action(s) have been added to this Agenda Item.
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3.2. Consider Motion to Adopt 2020-2021 Budget
Action(s):
No Action(s) have been added to this Agenda Item.
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3.3. Consider Motion to Approve Resolution #2020-14: Set 2020-2021 Property Tax Request
Resolution 2020-14 A RESOLUTION OF THE CITY OF GIBBON, BUFFALO COUNTY, NEBRASKA, TO SET THE PROPERTY TAX REQUEST FOR 2020-2021. WHEREAS, Nebraska Revised Statute 77-1601.02 provides that if the property tax request exceeds the property tax request for the prior year that the Governing Body of the City of Gibbon may do so after holding a public meeting and passing a resolution by a majority vote; and, WHEREAS, a special public meeting was held as required by law to hear and consider comments regarding the property tax request; and, WHEREAS, it is in the best interests of the City of Gibbon that the property tax request for the current year exceed the amount of the property tax request for the prior year; and, WHEREAS, the amount of the property tax request is $528,975.28; and, WHEREAS, the total assessed value of the property differs from last year’s total assessed value by 3%; and, WHEREAS, the tax rate which would levy the same amount of property taxes as last year when multiplied by the new total assessed value of property would by 0.496074 per $100 of assessed value; and, WHEREAS, the City of Gibbon proposes to adopt a property tax request that will cause its tax rate to be 0.495000 per $100 of assessed value; and, WHEREAS, based on the proposed property tax request and changes in other revenue the total operating budget for the City of Gibbon will be the same as last year’s. NOW, THEREFORE, BE IT RESOLVED by Mayor and City Council of Gibbon, by a majority vote, resolves that: 1. The 2020-2021 property tax request be set at: General: $378,254.28 Bond: $150,721.00 2. A copy of this Resolution be certified and forwarded to the County Clerk prior to October 20, 2020.
Attachments:
()
Action(s):
No Action(s) have been added to this Agenda Item.
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4. OTHER ITEMS
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4.1. Next Regular Council Meeting will be Monday, September 21, 2020 at 7:00 p.m.
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5. ADJOURN
Action(s):
No Action(s) have been added to this Agenda Item.
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