HomeMy WebLinkAboutCC-10-29-12-01 Set Taxes Payable for 2013SPONSORS: Councilors Sharp and Snyder
RESOLUTION CC- 10- 29 -12 -01
(FORMERLY CC- 10- 01- 12 -01)
AS AMENDED
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL,
INDIANA, TO SET TAXES PAYABLE IN 2013 AND AUTHORIZATION OF
BORROWING BETWEEN FUNDS
WHEREAS, it is the policy of the City of Carmel, Indiana ( "City ") to keep City property
tax bills level for taxes payable in 2013; and
WHEREAS, the Indiana Department of Local Government Finance ( "DLGF ") shall set
the total City tax levy for taxes payable in 2013; and
WHEREAS, the Common Council intends to levy for the 0708 Motor Vehicle Highway
Fund only the amount needed to fund appropriations, leaving no operating balance in the fund;
and
WHEREAS, the Common Council intends to appropriate certain debt service lease rental
payments in the 0101 General Fund as well as the 2482 Road Bond Fund; and
WHEREAS, the City annexed a portion of unincorporated Clay Township and such
annexation took effect for property taxes payable in 2012; and
WHEREAS, the annexation resulted in increased costs for services which the city
government is obligated to provide; and
WHEREAS, relief from the levy limitations imposed under IC 6 -1.1- 18.5 -3 is necessary
due to increased costs to the City resulting from annexation described above; and
WHEREAS, the City cannot carry out its governmental functions under the levy
limitations imposed under IC 6 -1.1- 18.5 -3 because of the annexation costs; and
WHEREAS, the Common Council intends to enhance funds in need of money for cash
flow purposes; and
WHEREAS, the Common Council finds that certain funds have sufficient cash available
to temporarily deposit to the credit of other funds.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Carmel, Hamilton County, Indiana:
Section 1. The DLGF is respectfully requested to set the total 2013 City tax levy,
for all City funds at exactly $43,399,780.
VERSION A 10/29/12
48 Section 2. The DLGF is respectfully requested to set the 2013 property tax levy
49 of the 0708 Motor Vehicle Highway Fund at a level no greater than the amount needed to fund
50 appropriations, with no operating balance.
51
52 Section 3. After applying the maximum allowable property tax levy to the 0101
53 General Fund, 0708 Motor Vehicle Highway Fund, and 2391 Cumulative Capital Development
54 Fund, as appropriate, the Department of Local Government Finance is respectfully requested to
55 reduce, as necessary, first the 2482 Road Bond Fund tax levy and then the 0101 General Fund
56 tax levy in 2013 to a level which will result in the total City tax levy stated in Section 1.
57
58 Section 4. The City respectfully requests permission of the DLGF, in accordance
59 with IC 6 -1.1- 18.5 -13, to increase its levy for taxes due and payable in 2013 in excess of the
60 limitations established under IC 6- 1.1- 18.5 -3.
61
62 Section 5. The Common Council permits the borrowing among funds under
63 Indiana Code § 36 -1 -8 -4 except from the Rainy Day Fund. Borrowing may only take place
64 where it is necessary to enhance a fund in need of money for cash flow purposes. The borrowed
65 amount shall be returned by December 31, 2013, and may not exceed the amount needed to fund
66 appropriations or other lawful disbursements. Borrowing may only take place where a fund has
67 sufficient money on deposit that can be temporarily transferred. Only revenues derived from the
68 levying and collection of property taxes or special taxes or operation of the political subdivision
69 may be included in the amount transferred.
70
71 Section 6. The Mayor is hereby directed and authorized to take such action is
72 necessary for the implementation of this ordinance.
73
74 SO RESO ED by the Common Council of the City of Carmel, Hamilton County,
75 Indiana, this a9 day of OCt r2h. , 2012. M & 'yes art. -8' a`!S
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Presiding 0
COMMON COUNCIL FOR THE CITY OF CARMEL, I N
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Richard L. Sharp,
ent Pro Tempore
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evin D. Rider
Carol Schleif
W. Eric Se'
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ATTEST:
Diana L. Cordray, IAMC, Clerk - Treasure
Presented by me to the Mayor of the City of Carmel, Indiana, at o'clock . m. on the
A944` day of 0 Ct-Qe., , 2012.
Diana L. Cordray, IAMC, Clerk - asurer
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Approved byve,,Wla.Kor of the City of Carmel, Indiana, atdi o'clock . m. this
day of do . 2012.
ATTEST:
Diana L. Cordray, IAMC, Clerk -Tr& {surer
Prepared by: James Brainard
Mayor
City of Carmel
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ames Brain rd, Mayor