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2 • TAX_POLICYTown of Impact (Taylor County)

Ordinance Authorizing Issuance of Non-Voter-Approved Certificates of Obligation & Debt Levy

Presented in: Town of Impact City Council Regular Meeting on 2020-05-05

Meeting Agenda PDF Official Minutes PDF

Official Roll-Call Vote

Expands Gov't • 2.0/10 Impact Weight

PASSED (3 - 1)

“Motion to approve Ordinance Authorizing Issuance of Non-Voter-Approved Certificates of Obligation & Debt Levy”

JS

Mayor

NO

TD

Councilmember, Place 1

YES

AD

Councilmember, Place 2

YES

GS

Georgette Sharp

Councilmember, Place 3

YES

Staff Report & Agenda Item Details

Formal fiscal and ad valorem tax policy consideration during the 2020-05-05 session of Town of Impact City Council Regular Meeting.

Bastiat Liberty & Property Rights Analysis

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.0/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).