Public hearing set for Muleshoe City Council to consider tax rate, budget for next FYEllysa Harris September 9, 2021 0 COMMENTS
The Muleshoe City Council is set to host the first of two public hearings on Thursday regarding the 2021-2022 fiscal year budget and the 2022 tax rate.
The hearing is set for 5:30 p.m. in Council Chambers inside Muleshoe City Hall.
The council is considering keeping the same tax rate for the next fiscal year with a similar budget plan.
The proposed No-New-Revenue tax rate is $0.7841 for FY 2022. For an average home valued at $100,000, the impact of the taxes will be $784 per year.
City Manager Ramon Sanchez told The Journal last month there are no major purchases on department budgets may vary slightly but there will not be any major changes.
The city’s budget, which is posted online at City of Muleshoe’s website, shows a proposed total revenue of $3,245,400 with a proposed total expenditure of $3,179,422.21.
City employees will also receive a 4% salary increase if the council passes the budget.
The budget and tax rate is set to be adopted Sept. 13 at 5:30 p.m. during a regular city council meeting at City Hall.