Page 2 - Lakeside FY21 Budget

Fiscal Year 2020-2021

Adopted Budget

August 13, 2020

THIS BUDGET WILL RAISE MORE REVENUE FROM PROPERTY
TAXES THAN LAST YEAR'S BUDGET BY $8,526 WHICH IS A 1.37

PERCENT INCREASE FROM LAST YEAR’S BUDGET. THE

PROPERTY TAX REVENUE TO BE RAISED FROM NEW PROPERTY

ADDED TO THE TAX ROLL THIS YEAR IS $0.

The members of the governing body voted on the budget as follows:

For: Don Pitts, Kathy Livingston, Wesley Hearn, Amy Robinson, and Rona Gouyton.

AGAINST:

PRESENT

ABSENT:

Property Tax Rate Comparison
2019-2020 2020-2021

Proposed Property Tax Rate: $0.40630/100 $0.406300/100
Effective Tax Rate: (No-New-Revenue Tax Rate) $0.34355/100 $0.400828/100
Rollback Tax Rate: (Voter-Approval Tax Rate) $0.40630/100 $0.415642/100

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