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 Comparison Rate | 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