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HomeMy WebLinkAboutCC-09-06-05-03 Tax Levy/ Rate 2006SPONSORS: Councilors Carter and Sharp RESOLUTION CC-09-06-05-03 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL~ INDIANA~ TO SET THE 2006 GENERAL FUND TAX LEVY AND RATE WHEREAS, the Department of Local Government Finance of the State of Indiana shall set for the City of Carmel, Indiana ("City"), the total City tax rate for taxes payable in the year 2006; and WHEREAS, the Common Council desires to adjust the General Fund property tax levy 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 Conunon Council of the City of Carmel, Hamilton County, Indiana: Section 1. The foregoing Recitals are incorporated herein by this reference. Section 2. The Department of Local Government Finance is respectfully requested to set the total year 2006 City tax rate, for all City funds at exactly $0.5282 per $100 of assessed value. Section 3. The Department of Local Government Finance is respectfully requested to set the year 2006 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 4. The Department of Local Government Finance is respectfully requested to reduce, as necessary, the 2006 General Fund property tax levy to a level which will result in the total City tax rate stated in Section 2. ~ ~ SO RESOLVED by the Common, Council of the City of Carmel, Hamilton County, Indiana, this day of .._~2yiUa~-~x_~-c4 2005. Page One of Two Pages Prepared by Mayor's Office SPONSORS: Councilors Carter and Sharp COMMON COUNCIL FOR THE CITY OF CARMEL, INDIANA P~iding Officer Ronald E. Carter edrick J. ~Q~ ( ark Rat an //osc3/6-c mths /7 ' l Presented by me to the Mayor of the City of Carmel, Indiana, at -7 ) J0 o'clock 1° . m. on the __ day o f ~_~0.d) i~/r~qJ, t, ,2005. Diana L. Cordray, IAMC, Clerk-Treasurer . Approved by me, the Mayor of the City of Carmel, Indiana, at -7 .' /0 o'clock tO . m. this _ __ day of x~,~t~O ~'~)n,~MA. ,2005. Jan~s Brainard, Mayor ATTEST: Council Resolution NO. CC-09-06-05-03 Page Two of Two Pages Prepared by Mayor's Office