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<br />TUESDAY <br /> <br />JUNE 9, 1981 <br /> <br />_. <br /> <br />the probable need to amend the proposed budget by increasing the City's cost-share <br /> <br />of the West Piedmont Planning District Commission's 1981-82 budget by $55.00 <br /> <br />(necessitated by the twenty-five cents per capita assessment on a population of <br /> <br />18,149 as determined by a revised Federal census) and by $438.00 for the City's <br /> <br />committed share of the local Farmers' Home Administration office rental for the <br /> <br />months of July-through-October, 1981. Upon motion, duly seconded and unanimously <br /> <br />carried, Council amended the proposed budget to reflect these proposed changes. <br /> <br />- <br /> <br />The record notes that no citizen appeared before Council to comment on or register <br /> <br />any objections to the three 1981-82 budget-related matters on which the aforesaid <br /> <br />public hearings were conducted; however, Vice-Mayor Cole, commenting on the <br /> <br />recently-completed reassessment of local taxable real estate and its effect upon <br /> <br />local property owners, even with a reduction in the real estate tax rate (as <br /> <br />proposed) from 99~ to 92~, urged citizens to assume a more active role in local <br /> <br />governmental affairs. Vice-Mayor Cole, after pointing out average per capita cost <br /> <br />of operating the City and describing the considerable services local citizens are <br /> <br />getting for their tax dollars, indicated that--despite his previously-expressed <br /> <br />preference for a real estate tax rate of 90~--he will support the proposed 92~-rate <br /> <br />to help finance the City's proposed 1981-82 budget. Whereupon motion, duly seconded <br /> <br />and unanimously carried, Council adopted the proposed 1981-82 City Budget, as revised, <br /> <br />through its adoption (on emergency reading) of the following appropriation ordinance <br /> <br />(by funds), in which and by which Council establish a real estate tax rate for <br /> <br />1981-82 of ninety-two cents per one hundred dollars of assessed valuation: <br /> <br />BE IT ORDAINED by the Council of the City of Martinsville, Virginia in <br />regular meeting assembled, that the following sums of money be and hereby <br />are appropriated--by funds--for the City's fiscal year ending June 30, <br />1982, from the following fund sources of estimated revenue; and that the <br />tax rate on taxable real estate for said fiscal year shall be 92~ per <br />one hundred dollars of assessed valuation: <br />