HomeMy WebLinkAboutCC-11-18-24-03 2025 Levy Appeal ResolutionSPONSOR(S): Councilor Taylor
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RESOLUTION CC 11-18-24-03
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL,
INDIANA, TO LIMIT THE RATE FOR TAXES PAYABLE IN 2024 AND CERTAIN
PAST YEARS AND AUTHORIZE NECESSARY TEMPORARY BORROWING
AMONG CITY FUNDS
Synopsis: A resolution authorizing appeal to the Department of Local Government
Finance for permission to increase the City’s 2025 ad valorum property tax levy in excess
of the normal maximum allowable amount.
WHEREAS, The City of Carmel (“City”) collected less property tax revenue than the
amounts of its lawful, certified property tax levies for taxes payable in 2025 and certain past
years, and
WHEREAS, IC 6-1.1-18.5-16 provides that a City which collects less than its lawful
certified levy may petition the Department of Local Government Finance (“DLGF”) for a
compensating levy in a future year, and
WHEREAS, IC 6-1.1-18.5-16 further provides that a petition for a levy to compensate
for a shortfall must be authorized by the fiscal body of the City, and
WHEREAS, the City cannot carry out its governmental functions under its current
maximum levy for the ensuing calendar year without the approval of a levy appeal pursuant to IC
6-1.1-18.5-12;
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Carmel, Hamilton County, Indiana:
Section 1. the Common Council authorizes the filing of a petition for an excess property
tax levy to increase the City’s maximum levy by $1,000,000 in accordance with IC 6-1.1-18.5-16
for taxes payable in 2025.
Section 2. The Common Council represents that the City cannot carry out its
governmental functions under its current maximum levy for the ensuing calendar year without an
excess levy.
Resolution CC 11-18-24-03
Page One of Two
Docusign Envelope ID: CC89333B-AF74-44B3-8953-5FBD47055E74
Prepared by Curtis L. Coonrod on October 11, 2024, as suggested language only and not as legal advice.
No subsequent revision has been reviewed by Mr. Coonrod.
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SO RESOLVED, by the Common Council of the City of Carmel, Hamilton County,
Indiana, this _____ day of , 2024, by a vote of _____ayes and_____ nays.
COMMON COUNCIL FOR THE CITY OF CARMEL, INDIANA
_________________________________ ____________________________________
Anthony Green, President Adam Aasen, Vice-President
_________________________________ ____________________________________
Rich Taylor, Chaplain Matthew Snyder, Parliamentarian
_________________________________ ____________________________________
Jeff Worrell Teresa Ayers
_________________________________ ____________________________________
Anita Joshi Ryan Locke
_________________________________
Shannon Minnaar
ATTEST:
__________________________________
Jacob Quinn, Clerk
Presented by me to the Mayor of the City of Carmel, Indiana, at _________ ___.m. this
_________ day of _________________, 2024.
Jacob Quinn, Clerk
Approved by me, Mayor of the City of Carmel, Indiana, at _________ . m. this
__________ day of ________________, 2024.
Sue Finkam, Mayor
ATTEST:
Jacob Quinn, Clerk
Resolution CC 11-18-24-03
Page Two of Two
Docusign Envelope ID: CC89333B-AF74-44B3-8953-5FBD47055E74
11:15
19th
Abstained
November
19th
18th
A
November
A
0
11:30
November
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