about Sep 2017 · Precursor

FY2017/18 rate set at $0.36364 after first 2016-bond issue

The total rate went from $0.35072 (FY2016/17) to $0.36364 per $100. The City issued the first of the 2016-election general obligation bonds ($21,280,000) in April 2017; its budget documents tie the FY2017/18 increase to that issue.^[1]^[2]

Budget & taxes
Debt & financing
Utility rates & billing

What the sources say

✓ Verified
The FY2017/18 rate was $0.36364 per $100 ($0.32698 general, $0.03666 debt), up from $0.35072 in FY2016/17 ($0.32698 general, $0.02374 debt).^[2]^[1]
Rate per 100
$0.36364 per $100
Mo rate per 100
$0.32698 per $100
Is rate per 100
$0.03666 per $100
Prior rate per 100
$0.35072 per $100
Prior is rate per 100
$0.02374 per $100
✓ Verified
City of Amarillo FY2019/20 budget document: In April 2017 the City issued $21,280,000 in general obligation bonds, the first of five planned annual issues for the 2016 voter-approved projects; the City's budget narrative relates the FY2017/18 rate increase to this issue.^[1]
Amount
$21,280,000