Title
Annual Operating Budget: Fiscal Year 2017 - For the purposes of adopting an operating budget for the City of Annapolis for Fiscal Year 2017; appropriating funds for expenditures for Fiscal Year 2017; defraying all expenses and liabilities of the City of Annapolis and levying same for the purposes specified; specifying certain duties of the Director of Finance; and specifying a rate of interest to be charged upon overdue property taxes.
Body
CITY COUNCIL OF THE
City of Annapolis
Ordinance 13-16
Introduced by: Mayor Pantelides
Referred to
Financial Advisory Commission
Finance Committee
AN ORDINANCE concerning
Annual Operating Budget: Fiscal Year 2017
FOR the purposes of adopting an operating budget for the City of Annapolis for Fiscal Year 2017; appropriating funds for expenditures for Fiscal Year 2017; defraying all expenses and liabilities of the City of Annapolis and levying same for the purposes specified; specifying certain duties of the Director of Finance; and specifying a rate of interest to be charged upon overdue property taxes.
WHEREAS, pursuant to Section 6.16.010 of the Annapolis City Code, on March 14, 2016, the Mayor submitted to the City Council the proposed annual operating budget for Fiscal Year 2017; and
WHEREAS, on March 21, 2016 the Annapolis City Council held a public hearing on the operating budget for the City of Annapolis for Fiscal Year 2017 and the constant yield tax rate; and
WHEREAS, the citizens of Annapolis, employees of the City of Annapolis and all interested persons have been given an opportunity to express their views concerning the Fiscal Year 2017 budget; and
NOW THEREFORE:
SECTION I: BE IT ESTABLISHED AND ORDAINED BY THE ANNAPOLIS CITY COUNCIL that a tax rate of ($0.649) on each one hundred dollars ($100.00) of assessable property in the City of Annapolis be and the same is hereby imposed on all assessable property for the fiscal year ending June 30, 2017, to be col...
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