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HomeMy WebLinkAboutCC-09-18-00-01 Gen Fnd Tax Levy Resolution CC- 09-18-00-01 RESOLUTION TO SET THE 2000 GENERAL FUND TAX LEVY AND RATE WHEREAS, the State Board of Tax Commissioners of the State of Indiana shall set for the City of Carmel, Indiana ("City") the total tax rate for the year 2001; and WHEREAS, the Common Council desires to adjust the General Fund property tax levy to allow the State Board of Tax Commissioners to establish a reduced tax rate for the City; and WHEREAS, the Common Council desires to levy for the Motor Vehicle Highway Fund only the amount needed to fund appropriations and expected additional appropriations, leaving a minimal operating balance in that fired; NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of Carreel, Hamilton County, Indiana: Section 1. The 2001 total City tax rate shall be set by the State Board of Tax Commissioners at $1.5372 per $100 of assessed value. Section 2. The 2001 property tax levy of the Motor Vehicle Highway Fund shall be set at a level no greater than the amount needed to fund appropriations, with no operating balance. Section 3. The 2001 General Fund property tax levy shall be reduced to a level which will allow the accomplishment of the total City tax rate stated in Section 1. Section 4. This resolution hereby supersedes any previous resolutions enacted by the Common Council concerning the above referenced rates, levies, and appropriations. D:~FilcsXResolutions\CC-09-18-00-01 .doe Defeated by the Common Council of the City of Carmel, Hamilton County, Indiana, this/~3/~ day of L?ctZ)/cj~tl~r' , 2000. Presiding Officer Norm Rundle Kevin Kirby John R. Koven ~Ronald E. Carter Luci Snyder /~R'obert Battreall Wayne Wilson ATTEST: Presented by me to the Mayor of the City of Carmel, Indiana, this ,2000. day of Diana L. Cordray, IAMC, Clerk-Treasurer Approved by me, Mayor of the City of Carreel, Indiana, this ~day of ,2000. James Brainard, Mayor ATTEST: Diana L. Cordray, IAMC, Clerk-Treasurer D:\FilesXResolutions\CC-09-18410-01 .doe