HomeMy WebLinkAboutCC-12-17-07-01 Tax Levy & Rate 2008SPONSORS: Councilors Carter and Griffiths
RESOLUTION CC-12-17-07-01
2
WHEREAS, the Department of Local Gover anent 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 2008; 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 Common Council of the City of Carmel,
Hamilton County, Indiana:
Sectioii 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 2008 City tax rate, for all City funds at exactly S0.4329 per $100 of assessed' value.
Section 3. The Department of Local Government Finance is respectfully requested to set the year
2008 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 2008 General Fund property tax levy to a level which will result in the total City tax rate
stated in Section 2.
Page One of Two Pages
This document was prepared by the Department of Law on November 28, 2007.
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SPONSORS: Councilor Carter and Griffiths
SO RESOLVED by the Common Council of the City of Carmel, Hamilton County, Indiana, this
{ 74L- dayof ?:cQrry j-" 2007: c Aye c-r d. 0 1?5
)R'THE CITY OF CARMEL,,INDIANA
Nv7- Pe?SC--v7-
Kevin-Kirby
DPPaLs (f
W:
Richard-L:.
Presented by me to the Mayor of the City of-Carmel, Indiana, "s P 7 day of i
2007, at --7 "d(p O'clock, P . M.
Diana L. Cordray, IAMC, Clerk-
Approved by me, Mayor of the City 'or.C mel,.lnd ah6 this 1,7 day of Y`i-u-l
3007, at 7-. O U O'clock; {? . M.
7a s Brainard, Mayor
ATTEST:
4. te'"
Diana L. Cordray,IAMC, Clerk-Treasur
Resolution No..CC-13-17-,07-01
Page Two of_Two Pages.
This document was prepped by the Department of Law on Novemher28,.2007.
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ATTEST-
.
Diana L. Coiclray, 1-,',MC, Cleric- e surer