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ORDINANCE NO. 2019-��
<br /> AN ORDINANCE LEVYING PROPERTY TAXES FOR THE CITY OF DECATUR,
<br /> ILLINOIS FOR THE PURPOSE OF RAISING REVENUE TO MEET CERTAIN
<br /> NECESSARY EXPENSES OF THE CITY FOR THE FISCAL YEAR BEGINNING
<br /> JANUARY 1,2020 AND ENDING DECEMBER 31,2020
<br /> WHEREAS,the City of Decatur,Illinois is a home rule unit of local government as defined
<br /> by, and having the powers enumerated in, the Constitution of the State of Illinois 1970, Article
<br /> VII, Section 6(a); and,
<br /> WHEREAS,the City of Decatur is required to establish the Property Tax Levy for the City
<br /> of Decatur for the year of assessed value with property tax payable in the subsequent year,the City
<br /> hereby with this Ordinance affixes the Property Tax Levy for assessed value in calendar year 2019
<br /> and with tax payable in calendar year 2020.
<br /> NOW, AND THEREFORE, BE IT ORDAINED, BY THE CITY COUNCIL OF THE
<br /> CITY OF DECATUR, ILLINOIS:
<br /> Section 1. That there is hereby levied upon all the taxable property within the corporate
<br /> limits of the City of Decatur, Illinois, as the same is taxed and equalized for State and County
<br /> purposes for the fiscal year beginning with the lst day of January of 2020, and ending on the 31St
<br /> day of December, 2020, the sum of Twenty-Six Million, Eight Hundred Ninety One Thousand,
<br /> Eight Hundred and Nine Dollars and Fifty Two Cents ($26,891,809.52) for which said sum is
<br /> hereby levied and is appropriated for purposes specified as follows,and that there is hereby abated
<br /> upon all taxable property within the corporate limits of the City of Decatur, Illinois, the sum of
<br /> Twelve Million, Seven Hundred and Four Thousand, Eight Hundred and Nine Dollars and Fifty
<br /> Two Cents($12,704,809.52)resulting in a Net Tax Levy of Fourteen Million,One Hundred Eighty
<br /> Seven Thousand Dollars and Zero Cents ($14,187,000.00).
<br /> Tax Levy$ Abate $ Net Tax Levy$
<br /> Decatur General Purpose - -
<br /> Decatur Police Pension 4,000,000.00 4,000,000.00
<br /> Decatur Firefighter Pension 5,100,000.00 5,100,000.00
<br /> Decatur Public Library 2,900,000.00 2,900,000.00
<br /> Decatur Municipal Band 65,000.00 65,000.00
<br /> GO Bond 2010 Series A 544,700.00 381,792.00 162,908.00
<br /> GO Bond 2010 Series B 2,552,248.76 2,552,248.76 -
<br /> GO Bond 2010 Series C 273,600.00 136,800.00 136,800.00
<br /> GO Bond 2012 753,862.50 753,862.50
<br /> GO Bond 2013 1,861,350.00 1,861,350.00 -
<br /> GO Bond 2014 1,873,237.50 1,873,237.50 -
<br /> GO Bond 2015 1,756,375.00 1,756,375.00 -
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