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| Information |
| Agenda Item |
| 3. Discuss and take appropriate to include a record vote on a proposed tax rate for Avery Ranch Road District for tax year 2015. |
| Background |
| The current tax rate (fiscal year 2015) for the district is $.103705. The effective rate as calcualted by the Tax Collector for Fiscal year 2016 is $.095643. In order to meet the Debt Service obligations of the district it is being recommended that a tax rate of $.09750 be adopted to meet the Debt Service budget of $1,304,850. Attached is a letter from Garry Kimball, Financial Advisor, that gives the highlights of the Assessed valuation and the recommendation for the rate. |
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| Fiscal Impact |
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