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ORDINANCE NO. 2013-91
<br /> AN ORDINANCE LEVYING PROPERTY TAXES FOR THE CITY O DECATUR,
<br /> ILLINOIS FOR THE PURPOSE OF RAISING REVENUE TO ME E CERTAIN
<br /> NECESSARY EXPENSES OF THE CIVIL CITY FOR THE FISCAL YE R BEGINNING
<br /> JANUARY 1, 2014 AND ENDING DECEMBER 31, 2014, AND FIXIN A TIME WHEN
<br /> THE SAME SHALL TAKE EFFECT
<br /> WHEREAS, the City of Decatur, Illinois is a home rule unit of local governme t as defined by, and
<br /> having the powers enumerated in, the Constitution of the State of Illinois 1970, Arti le VII, Section 6(a);
<br /> and,
<br /> WHEREAS, for the fiscal period for which levy is made hereby, the Council h s duly appropriated
<br /> amounts in excess of said levy for the objects and purposes shown by the copy f the Appropriation
<br /> Ordinance hereto attached and hereby made a part thereof.
<br /> WHEREAS, the City of Decatur is required to establish the Property Tax Levy for the City of
<br /> Decatur prior to December 31 of the year of assessed value with property tax paya le in the subsequent
<br /> year, the City hereby with this Ordinance affixes the Property Tax Levy for assess d value in calendar
<br /> year 2013 and with tax payable in calendar year 2014.
<br /> NOW, AND THEREFORE, BE IT ORDANIED, BY THE CITY COUNCI OF THE CITY OF
<br /> 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 nd County purposes
<br /> for the fiscal year beginning with the 15'day of January of 2014, and ending on the 15'day of December,
<br /> 2014, the sum of Seventeen Million, Nine Hundred Seventy Thousand, Nine Hun red and Forty Three
<br /> Dollars and Eighty Two Cents ($17,970,943.82) for which said sum is hereby levie and is appropriated
<br /> for purposes specified as follows, and that there is hereby abated upon all taxab a property within the
<br /> corporate limits of the City of Decatur, Illinois, the sum of Six Million, One Hundred ighty Six Thousand,
<br /> Nine Hundred and Forty Three Dollars and Eighty Two Cents ($6,186,943.82), resul ing in a Net Tax Levy
<br /> of Eleven Million, Seven Hundred Eighty Four Thousand, Dollars and Zero Cents($ 1,784,000.00).
<br /> Tax Levy$ Abate$ Net Tax Levy$
<br /> Decatur Employee IMRF 100,000.00 100,000.00
<br /> Decatur Police Pension 3,750,000.00 3,750,000.00
<br /> Decatur Firefighters Pension 3,800,000.00 3,800,000.00
<br /> Decatur Public Library 2,775,000.00 2,775,000.00
<br /> Decatur Municipal Band 60,000.00 60,000.00
<br /> GO Bond 2005 699,300.00 699,300. 0 0.00
<br /> GO Bond 2008 754,212.52 754,212. 2 0.00
<br /> GO Bond 2010 Series A 590,857.52 472,363. 8 118,493.74
<br /> GO Bond 2010 Series B 2,281,317.52 2,281,317. 2 0.00
<br /> GO Bond 2010 Series C 277,400.00 138,700. 0 138,700.00
<br /> GO Bond 2010 Series D 292,150.00 292,150.00
<br /> GO Bond 2012 749,656.26 749,656.26
<br /> GO Bond 2013 1,841,050.00 1,841,050. 0 0.00
<br /> Total Tax Levy 17,970,943.82 6,186,943. 2 11,784,000.00
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