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2018-2019 Adopted Budget

City of Lamesa Fiscal Year 2018-2019

Budget Cover Page

 

This budget will raise more revenue from property taxes than last year's budget by an amount of $162,469, which is a 7.34 percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $0.

 

The members of the governing body voted on the budget as follows:

FOR:

Josh Stevens Bobby G. Gonzales Brant Stewart Jason Moreno

Rick Moreno Marie Briseno

 

AGAINST:

Doug Morris

PRESENT and not voting:

ABSENT:

Property Tax Rate Comparison

2018-2019

2017-2018

Property Tax Rate:

$0.830000/100

$0.817521/100

Effective Tax Rate:

$0.771692/100

$0.805895/100

Effective Maintenance & Operations Tax Rate:

$0.742507/100

$0.775589/100

Rollback Tax Rate:

$0.831465/100

$0.868554/100

Debt Rate:

$0.029558/100

$0.030918/100

 

Total debt obligation for City of Lamesa secured by property taxes: $8,237,670