V. PUBLIC HEARINGS 1. First Public Hearing for the adoption of a tax rate of $0.634000 per $100 value for Tax Year 2019. The tax rate will provide revenue for the general fund and debt service. The rate includes $0.490186 per $100 value for Maintenance and Operation and $0.143814 per $100 value for Sinking Fund of the Debt Service and is estimated to generate a tax levy of $93,504,360. The City Council will introduce the ordinance on September 16, 2019 at 5:30 P.M. at City Council Chambers located at 1110 Houston St. and is scheduled to vote on the tax rate on September 23, 2019 at 12:00 noon at City Council Chambers located at 1110 Houston St. VIII. ADJOURNMENT This notice was posted at the Municipal Government Offices, 1110 Houston Street, Laredo, Texas, at a place convenient and readily accessible to the public at all times. Said notice was posted on Friday, August 30, 2019 at 7:30 p.m.
V. PUBLIC HEARINGS 1. First Public Hearing for the adoption of a tax rate of $0.634000 per $100 value for Tax Year 2019. The tax rate will provide revenue for the general fund and debt service. The rate includes $0.490186 per $100 value for Maintenance and Operation and $0.143814 per $100 value for Sinking Fund of the Debt Service and is estimated to generate a tax levy of $93,504,360. The City Council will introduce the ordinance on September 16, 2019 at 5:30 P.M. at City Council Chambers located at 1110 Houston St. and is scheduled to vote on the tax rate on September 23, 2019 at 12:00 noon at City Council Chambers located at 1110 Houston St. VIII. ADJOURNMENT This notice was posted at the Municipal Government Offices, 1110 Houston Street, Laredo, Texas, at a place convenient and readily accessible to the public at all times. Said notice was posted on Friday, August 30, 2019 at 7:30 p.m.