August 28 at 5:45 p.m.


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City of Gallatin

PROPERTY TAX RATE HEARING

A public hearing will be held on August 28, 2000 at 5:45 p.m. in the GIDA Board Room at City Hall at which time citizens may be heard on the proposed property tax rates to be set by the City.

ASSESSED VALUATION

Real Estate $7,530,405

Personal Property 2,978,286

TOTAL $ 10,508,691

CURRENT TAX YEAR

Real Estate $7,719,150

Personal Property 3,053,238

TOTAL $10,772,388

1999 Tax Rate

General Fund $.59

Parks & Recreation $.21

Band $.02

Amount of Property Tax Revenues Budgeted for 2000

General Fund $52,000

Parks & Recreation $18,000

Band $1,700

Proposed Rates for 2000 per $100 valuation

General Fund $.5938

Parks & Recreation $.2113

Band $.0200

Dated this 16th day of August, 2000

Jason Helton, City Administrator