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1. NOTICE OF PUBLIC HEARING ON TAX INCREASE: THE CITY OF AMARILLO IS CONSIDERING A TAX RATE OF $0.32009, WHICH IS ONE CENT HIGHER THAN THE CURRENT RATE. THIS PROPOSED RATE WILL RAISE MORE TAXES THAN LAST YEAR’S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 3.51 PERCENT. THE TAX ON AN AVERAGE HOME LAST YEAR WAS $344.12. THE TAX ON AN AVERAGE HOME WOULD BE $360.57 UNDER THE PROPOSED RATE.
Sep 09, 2011 City Commission Special Meeting
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1. NOTICE OF PUBLIC HEARING ON TAX INCREASE: THE CITY OF AMARILLO IS CONSIDERING A TAX RATE OF $0.32009, WHICH IS ONE CENT HIGHER THAN THE CURRENT RATE. THIS PROPOSED RATE WILL RAISE MORE TAXES THAN LAST YEAR’S TAX RATE. THE TAX RATE WILL EFFECTIVELY BE RAISED BY 3.51 PERCENT. THE TAX ON AN AVERAGE HOME LAST YEAR WAS $344.12. THE TAX ON AN AVERAGE HOME WOULD BE $360.57 UNDER THE PROPOSED RATE.
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