Form 1096 for Killeen Texas 2024-2025

Form 1096 for Killeen Texas: What You Should Know

The revenue includes an increase in fees for municipal services, city employees, school buildings construction and operations and other fees. It is projected that the entire increase in revenue will generate a budget surplus through the first four years of the budget period. Budget for the first year will be sufficient to pay the employee and other fee increases. This additional revenue for the first five years will be used for capital improvement projects, such as streets and sewer construction. These projects will be funded from existing revenues. May 20, 1997 — CITY OF KILLEEN, TEXAS. ANNUAL BUDGET. FOR FISCAL YEAR '97. City of Killeen has been given more revenue than it anticipated to provide. The revenue for the current budget year will cover costs for the first four years of the budget period, including the annual fee increases for city employees. This additional money could be used for capital improvements to Killeen street repair and improvements to school infrastructure, such as new schools and buildings, or a new public library facility. The budget will fund this work by reducing all operating deficits, and the city is working with the State and the U.S. Supreme Court to address the constitutional issues in court. May 28, 1997 — CITY OF KILLEEN, TEXAS. ANNUAL BUDGET. FOR FISCAL Year '97 through 2018. This will include a budget for the first five years of the budget period. The funds from the new business tax increase should cover the city's costs this budget year. There have been discussions with the City Council concerning a property tax increase for the 2 budget period that would provide some additional revenue to the tax base. However, this increase is contingent upon the U.S. Supreme Court granting the city an injunction to prevent property tax increases. May 22, 1997 — CITY OF KILLEEN, TEXAS. ANNUAL PERSONS BUDGET. FOR FISCAL YEAR '97, '98, '99, '2000, '2001, AND '02. In accordance with Killeen's recent election to extend city residents' current annual property tax rates for the fiscal year ending June 30, 1997. This increase in current law rate will be used to pay the increase in fees for municipal services, including: the City of Killeen Tax Assessor police and Fire/EMS Department all municipal utilities and maintenance costs. all city employees and agency costs.

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