Page 11 - ANALYSIS.XLS
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City of McAllen
Fiscal Year 2020-2021
Budget Cover Page
September 28, 2020
This budget will raise more revenue from property taxes than last year's budget by
an amount of $21,321, which is a 0.05 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 $604,103.
The members of the governing body voted on a budget as follows:
FOR:
Mayor James E. Darling,
Mayor Pro Team/Commissioner Veronica Whitacre,
Commissioner Javier Villalobos,
Commissioner Joaquin J. Zamora,
Commissioner J. Omar Quintanilla,
Commissioner Tania Ramirez,
Commissioner Victor “Seby” Haddad
AGAINST: None
PRESENT and not voting: None
ABSENT: None
Property Tax Rate Comparison
2020-2021 2020-2021 2019-2020
Property Tax Rate: 0.495600 0.495677
No New Revenue Tax Rate: 0.492583 0.467220
No New Revenue Maintenance & Operations Tax 0.614969 0.413089
Voter Approval Tax Rate: 0.505277 0.516017
Debt Rate: 0.053140 0.055555
Total debt obligation for City of McAllen secured by property taxes: $5,061,449
1006.1.3