Monday, August 8, 2011

Council plans second and final readings Monday of ordinances on tax rates, training incentive pay

The tentative agenda for the next meeting of the Midway City Council, Aug. 15, is much the same as the agenda of the last meeting, because the major business is second readings and adoption of three ordinances: two setting tax rates and the other creating pay incentives for the mayor, clerks and council members to take annual training related to city government.

The proposed tax rates are the compensating rates, those that the state says will generate the same amount of revenue being generated by current rates. The personal-property rate would remain the same, 14.5 cents per $100, while the real-estate rate would rise to 10.2 cents from 10.1 cents per $100 in order to make up for a decline in the total assessed value of real estate in the city.

See the blog item after the one below for a report on the council's discussion of the training incentive program.

The meeting notice from City Hall says anyone wishing to address the council must request to be on the agenda and submit any information by noon the Wednesday before the meeting.

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