Title
Annual Operating Budget: Fiscal Year 2018 - For the purposes of adopting an operating budget for the City of Annapolis for Fiscal Year 2018; appropriating funds for expenditures for Fiscal Year 2018; 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 21-17 Amended
Introduced by: Mayor Pantelides
Referred to
Financial Advisory Commission
Finance Committee
AN ORDINANCE concerning
Annual Operating Budget: Fiscal Year 2018
FOR the purposes of adopting an operating budget for the City of Annapolis for Fiscal Year 2018; appropriating funds for expenditures for Fiscal Year 2018; 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 April 3, 2017, the Mayor submitted to the City Council the proposed annual operating budget for Fiscal Year 2018; and
WHEREAS, on April 24, May 8, and May 22, 2017 the Annapolis City Council held public hearings on the operating budget for the City of Annapolis for Fiscal Year 2018 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 2018 budget; and
NOW THEREFORE:
SECTION I: BE IT ESTABLISHED AND ORDAINED BY THE ANNAPOLIS CITY COUNCIL that a tax rate of ($0.6449) 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, 2018, to be colle...
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