City Council Adopts Budget, Approves Tax Rate

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Posted 9/2/20

The Eldorado City Council met at noon on Monday, August 31st, and approved the city’s 2020-2021 budget. It included $1,794,750 for the city’s utility fund and $396,700 for the general fund. The council then approved an ad valorem tax rate of 54.79 cents per $100 valuation to fund the budget.

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