Clarkdale council meets on Tuesday
Public hearing on tax increase, budget
Clarkdale - The Clarkdale Town Council will meet in special session at 3 p.m. Tuesday. The council will hold an executive session at 2:30 p.m. to receive legal advice about possible litigation with Safeguard Bond over Mountain Gate Subdivision.
The council will approve items under the consent agenda portion of the agenda. The first is authorization for the town clerk to conduct All-Mail-Ballot elections in 2010. Another consent item is approval of a waiver of conflict of interest for the town's law firm, Boyle, Pecharich, Cline, Whittington & Stallings, concerning the firm's representation of Verde Exploration and the Town of Clarkdale. The relevant matter has to do with Verde Exploration possibly acquiring the Clark Mansion.
Also on the consent agenda is a resolution supporting an application for a broadband technology opportunities grant.
Under new business on the agenda, the council will hold a public hearing on the proposed increase to the town's primary tax levy and also on the town's final budget.
During fiscal year 2008-2009 the town collected $288,949 in primary property taxes at a rate of .7100. The proposed increase in the primary levy to .9120 would increase the town's revenue from property taxes to $403,892, an increase of $114,943.
The proposed levy amount would increase the taxes on a home with an assessed valuation of $100,000 from $71 to $91.20, or $182.40 on a home assessed at $200,000.
The final budget includes expenditures of $2,556,688 for the general fund; $556,073 for streets; $1,238,395 for wastewater; $3,793,127 for water; $199,752 for sanitation; and $786,252 for capital projects.
The council will meet in the Administration Building Community Room at 39 N. Ninth St.