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ORDINANCE NO. 2022-
<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, 2023,AND ENDING DECEMBER 31,2023
<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 2022
<br /> and with tax payable in calendar year 2023.
<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 1 St day of January,2023,and ending on the 31St day
<br /> of December, 2023, the sum of Thirty-One Million, Four Hundred Thirty-Three Thousand, Four
<br /> Hundred Ninety-Three Dollars and Two Cents ($31,433,493.02) for which said sum is hereby
<br /> levied and is appropriated for purposes specified as follows, and that there is hereby abated upon
<br /> all taxable property within the corporate limits of the City of Decatur, Illinois,the sum of Sixteen
<br /> Million, One Hundred Ten Thousand, Three Hundred Sixty-Five Dollars and Two Cents
<br /> ($16,110,365.02) resulting in a Net Tax Levy of Fifteen Million, Three Hundred Twenty-Three
<br /> Thousand, One Hundred Twenty-Eight Dollars and Zero Cents($15,323,128.00).
<br /> Tax Levy$ Abate $ Net Tax Levy$
<br /> Decatur Police Pension 5,530,000.00 - 5,530,000.00
<br /> Decatur Firefighter Pension 6,100,000.00 - 6,100,000.00
<br /> Decatur Public Library 2,972,500.00 - 2,972,500.00
<br /> Decatur Municipal Band 66,700.00 - 66,700.00
<br /> GO Bond 2010 Series C 270,600.00 135,300.00 135,300.00
<br /> GO Bond 2012 767,125.00 767,125.00 -
<br /> GO Bond 2013 1,875,250.00 1,875,250.00 -
<br /> GO Bond 2014 1,873,287.50 1,873,287.50 -
<br /> GO Bond 2015 1,755,025.00 1,755,025.00 -
<br /> GO Bond 2016 1,742,006.26 1,742,006.26 -
<br /> GO Bond 2017 1,153,400.00 1,153,400.00 -
<br /> GO Bond 2018 2,072,750.00 1,554,122.00 518,628.00
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