HomeMy WebLinkAboutCC-09-07-04-02 2005 Tax Levy & RateSPONSORS: Councilors Carter and Griffiths
RESOLUTION CC-09-07-04-02
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL~ INDIANA~
TO SET THE 2005 GENERAL FUND TAX LEVY AND RATE
WHEREAS, the Department of Local Government Finance of the State of Indiana shall set for
the City of Cannel, Indiana ("City") the total City tax rate for taxes payable in 2005; and
WHEREAS, the Common Council desires to adjust the Cumulative Capital Development Fund
and General Fund property tax levies to allow the Department of Local Government Finance to establish a
specific total tax rate for funds under the City's control; and
WHEREAS, the Common Council desires to levy for the Motor Vehicle Highway Fund only the
amount needed to fund appropriations, leaving no operating balance in that fund, and
WHEREAS, the Common Council desires to reserve, as much as possible, its future authority to
levy taxes for general purposes;
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel,
Hamilton County, Indiana:
Section 1. The Department of Local Government Finance is respectfully requested to set
the total 2005 City tax rate, for all City funds, including any rate imposed under IC 36-7-14-39.5, at
exactly $0.5283 per $100 of assessed value.
Section 2. The Department of Local Government Finance is respectfully requested to set
the 2005 property tax levy of the Motor Vehicle Highway Fund at a level no greater than the amount
needed to fund appropriations, with no operating balance.
Section 3. The Department of Local Government Finance is respectfully requested to
reduce, as necessary, the 2005 General Fund property tax levy to a level which will result in the total City
tax rate stated in Section 1; provided that the levy in the Cumulative Capital Development Fund should
first be reduced or eliminated as necessary.
SO RESOLVZD by the Common Council of the City .of Cannel, Hamilton County, Indiana, this
day of_.~?~ ,2004, by a vote of ~ ayes and t~) _nays.
Page One of Two Pages
Prepared by Mayor's Office
SPONSORS: Councilors Carter and Griffiths
COMMON COUNCIL FOR THE CITY~
Officer Ke ' '
Ronald E. Carter, President Pro Tempore
Fredrick J. Glaser
Joseph C. Griffiths
Mark R_~~~
Richard L.
Diana L. Cordray, I~C,~Clerreasurer
Presented by me to the Mayor of the City of Carmel, Indiana, at q ' y0
day , 2004.
o'clock ~__. m. on the
Diana L. Cordray, IAM~re
Approved by me, Mayor of the City of Carm __ D o'clock fi . m. this
day of~ 2004.
Jan~§ Brainard, Mayor
ATTE~
Diana L. Cordray, IAMC, CJlerk~urer
Council Resolution No. CC-09-07-04-02
Page Two of Two Pages
Prepared by Mayor's Office