2018-2019 Adopted Budget

City of Lamesa Fiscal Year 2018-2019

Budget Cover Page

This budget will raise more revenue from property taxes than last year's budget by an amount of $162,469, which is a 7.34 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:

Josh Stevens Bobby G. Gonzales Brant Stewart Jason Moreno

Rick Moreno Marie Briseno

AGAINST:

Doug Morris

PRESENT and not voting:


ABSENT:


Property Tax Comparison Rate2018-20192017-2018
Property Tax Rate:
$0.830000/100
$0.817521/100
Effective Tax Rate:
$0.771692/100
$0.805895/100
Effective Maintenance & Operations Tax Rate:
$0.742507/100
$0.775589/100
Rollback Tax Rate:
$0.831465/100
$0.868554/100
Debt Rate:
$0.029558/100
$0.030918/100


Total debt obligation for City of Lamesa secured by property taxes: $8,237,670