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Notice Of Tax Revenue Increase
Oct 07 2015 - 12:25:00 pm
The City of Pasadena conducted public hearings on September 29, 2015 and October 6, 2015 on a proposal to increase the total tax revenues of the City of Pasadena from properties on the tax roll in the preceding year by 5.64 percent.

The total tax revenue proposed to be raised last year at last year's tax rate of $0.576904 for each $100 of taxable value was $36,960,168.

The total tax revenue proposed to be raised this year at the proposed tax rate of $0.575388 for each $100 of taxable value, excluding tax revenue to be raised from new property added to the tax roll this year, is $38,946,181.

The total tax revenue proposed to be raised this year at the proposed tax rate of $0.575388 for each $100 of taxable value, including tax revenue to be raised from new property added to the tax roll this year, is $40,530,460.

The City of Pasadena is scheduled to vote on the tax rate that will result in a tax increase at a public meeting to be held on Monday, October 12, 2015 at 9:00AM and Tuesday, October 20, 2015 at 6:00PM at City of Pasadena Council Chamber.
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