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Date Posted: 18:00:59 08/03/17 Thu
Author: River Oaks Reporter
Subject: Synopsis of Special Called River Oaks City Council Meeting Monday, July 31, 2017

The meeting started on time. All members present with the exception of Councilman Holland and the city attorney.

This meeting was to discuss the 2017 tax rate and take a record vote for scheduling public hearings on August 15 and August 22.

Marvin started the meeting stating he anticipated the city to take in 4.5 million dollars at 97% collection rate.

Marvin also stated that with the current proposed budget the city would be 299,000 short and would have to rob from the rainy day fund.

This budget is strictly an operational budget and does not include any employee raises (but the mayor wants to give them),any money for the repair of the roof over city hall. It also doesn't include the 60,000 a year council is suppose to be putting aside to buy the next fire truck in eight years. It also doesn't include any capital improvements.

Marvin discussed the roll back rate and that to take in the same amount of tax dollars we would have to reduce the .79 per hundred down to .73 per hundred. The mayor and Joe Ashton both wanted to leave the rate as high as possible without going to a roll back election. So it was recommended by Ashton that the new rate be published at .78 per hundred. Ashton also stated by leaving it at this number they could always lower it. The mayor recommended the Finance Committee needs to really go over the budget due to needing repairs for the city hall roof, plus the needed money to be put back for the fire truck. He stated that council voted on and promised a new fire truck every 10 years.

No other budget items were discussed and unlike in the past, the didn't go over each department line by line at this time.

Meeting Adjourned.

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