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January 2, 1990 <br />April/May <br />June <br />July <br />August <br />September <br />November <br />December <br />January 1991 <br />February <br />Hey 15 <br />July 15 <br />October IS <br />December 15« 1991 <br />113090.1 <br />MUNICIPAL BUDGET CYCLE <br />Prooertv Valuation Budcet <br />Date for Valuation <br />Board of Review <br />of Market Value <br />County Board of Appeals <br />State Board of Appeals <br />Begin 1991 Budget <br />Establish Maximum Total <br />Total Levy for Truth in <br />Taxation “ <br />Set Location for Meeting <br />Select Hearing Dates <br />County Assembles <br />Preliminary Market Totals <br />6 Tax Capacity <br />Council Budget Workshop <br />County Sends Out Notices <br />County Determines Final <br />Tax Capacity for Each <br />Jurisdiction <br />Hold Budget Hearing(s) <br />Set Total Levy & Budget <br />for 1991 <br />Certify to County <br />County Divides Total Tax Levy City Begins Fiscal Year <br />by Jurisdiction Tax Capacity <br />to Get Tax Capacity Rate for <br />All Jurisdictions <br />County Pleaces Tax Capacity <br />Rates on Each Property, <br />Transmits Statements (County, <br />School Oist, City, Special Dist) <br />1st Half Taxes Due <br />City Receives 1st Half <br />Tax Payment <br />2nd Half Taxes Due <br />City Receives 2nd Half <br />Tax Payment <br />Dmcembmr 31, 1991 <br />January-February 1992 <br />May-Juna 1992 <br />End of Fiscal Year <br />Close Out Year End Totals <br />Audit Completed