· Related development
FY2020/21 rate set at $0.39681; budget adopted 5-0
The rate went from $0.38851 to $0.39681 per $100; the debt-tax rate went from $0.04976 to $0.05921 as listed in the City's statutory notice. The budget raised $1,931,428 (3.89%) more in property tax than the prior year. Council adopted it 5-0.[1][2]
What the sources say
- ✓ Verified
FY2020/21: rate $0.39681 (prior $0.38851); no-new-revenue rate $0.38070; voter-approval rate $0.41586; debt tax rate $0.05921 (prior $0.04976).[1][2]
- Rate per 100
- $0.39681 per $100
- No new revenue rate per 100
- $0.38070 per $100
- Voter approval rate per 100
- $0.41586 per $100
- Is rate per 100
- $0.05921 per $100
- Prior rate per 100
- $0.38851 per $100
- ✓ Verified
The FY2020/21 budget raised $1,931,428 (3.89%) more in property tax than the prior year; $528,990 from new property.[1]
- Levy change
- $1,931,428
- Levy change
- 3.89%
- New property
- $528,990
- ✓ Verified
The FY2020/21 budget was adopted 5-0 (Mayor Nelson; Councilmembers Hays, Powell, Sauer, Smith).[1]
- For
- 5
- Against
- 0
- ✓ Verified
City of Amarillo FY2020/21 budget document: The City's budget states the FY2020/21 increase was in the I&S portion, related to the 2016 voter-approved bond projects, the Thompson Park pool replacement, and a downtown South Johnson Street property purchase.[1]