The Italy City Council adopted a tax rate of .936728 per hundred-dollar valuation for the 2008/2009 tax year at its monthly meeting held Monday, Sept. 8. The $2 million-plus budget breaks down to $1,247,700 for water and wastewater and $1,163,983 for the general operating fund.
Tonight, is a regularly scheduled city council meeting. A public hearing for the 2008-2009 General and Water & Waste Water Budgets will be held. During the following session, the council will consider nine different items of business.
In a called meeting on Tuesday night the Italy City Council voted unanimously to accept Jimmy Hyles resignation from the council. Hyles resignation was effective August 22, 2008 and cited personal reasons.
Tuesday, September 2, Italy’s city council will consider council member Jimmy Hyles’ resignation. They will also examine the Property Tax (Ad Valorem) rate for 2008, Phases 3 and 4 of sewer improvements and city employee health insurance coverage. The council will continue work on 2008-2009 budgets for the City of Italy. Meeting begins at 6:30 p.m. in the council chambers of the Italy Municipal Building, 101 W. Main Street. All are welcome to attend.