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ORDINANCE NO. 2012- 8 4
<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 CIVIL CITY FOR THE FISCAL YEAR BEGINNING
<br /> MAY 1, 2013 AND ENDING APRIL 30, 2014, AND FIXING A TIME WHEN THE SAME
<br /> SHALL TAKE EFFECT
<br /> WHEREAS, the City of Decatur, Illinois is a home rule unit of local government as defined by, and
<br /> having the powers enumerated in, the Constitution of the State of Illinois 1970, Article VII, Section 6(a);
<br /> and,
<br /> WHEREAS, for the fiscal period for which levy is made hereby, the Council has duly appropriated
<br /> amounts in excess of said levy for the objects and purposes shown by the copy of 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 payable in the subsequent
<br /> year, the City hereby with this Ordinance affixes the Property Tax Levy for assessed value in calendar
<br /> year 2012 and with tax payable in calendar year 2013.
<br /> NOW, AND THEREFORE, BE IT ORDANIED, BY THE CITY COUNCIL 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 and County purposes
<br /> for the fiscal year beginning with the I"day of May of 2013, and ending on the 301h day of April, 2014, the
<br /> sum of Nineteen Million, One Hundred Thirty Three Thousand, One Hundred and Twenty Two Dollars
<br /> and Thirty Two Cents ($19,133,122.32) for which said sum is hereby levied and is appropriated for
<br /> purposes specified as follows, and that there is hereby abated upon all taxable property within the
<br /> corporate limits of the City of Decatur, Illinois, the sum of Seven Million, Three Hundred Eighty One
<br /> Thousand, Four Hundred and Eighty Five Dollars and Thirty Two Cents ($7,381,485.22), resulting in a
<br /> Net Tax Levy of Eleven Million, Seven Hundred Fifty One Thousand, Six Hundred Thirty Seven Dollars
<br /> and Zero Cents ($11,751,637.00).
<br /> Tax Levy$-.----�----- Abate.$ --Net Tax Levy$
<br /> Decatur Public Library 3,000,000.00 3,000,000.00
<br /> Decatur Police Pension 3,572,052.00 3,572,052.00
<br /> Decatur Firefighters Pension 3,607,202.00 3,607,202.00
<br /> Decatur Municipal Band 60,000.00 60,000.00
<br /> Decatur Employee IMRF 99,602.00 99,602.00
<br /> GO Bond 2004 Series A 860,200.00 860,200.00
<br /> GO Bond 2004 Series B 2,048,828.76 2,048,828.76 0.00
<br /> GO Bond 2005 1,825,200.00 1,825,200.00 0.00
<br /> GO Bond 2008 652,962.52 652,962.52 0.00
<br /> GO Bond 2010 Series A 585,407.52 _ 468,326.52 ; 117,081.00
<br /> GO Bond 2010 Series B 2,248,117.52 2,248,117.52 0.00
<br /> GO Bond 2010 Series C 276,100.00 138,050.00 138,050.00
<br /> GO Bond 2010 Series D 297,450.00 297,450.00
<br /> ---_ -- ---- --....-- - -- - ---- ... -- -- - -- -
<br /> -----------
<br /> _Total Tax Levy 19,133,122.32 7,381,485.32 11,751,637.00
<br />
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