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FINANCIAL MANAGEMENT DEPARTMENT �I <br /> #2002-24 I <br /> November 21,2002 <br /> Memo To: Honorable Mayor and City Council <br /> From: Steve Garman, City Manager �G, <br /> Beth Couter, Finance Director �JR- <br /> Subject: 2002 Property Taac Levy Ordinances for Budget Year 2003-2004 <br /> Attached are the five ordinances for the 2002 real estate tax levy. Once passed by the <br /> Council they will be submitted to the Macon County Clerk so he can extend the city's 2002 tax <br /> levy. <br /> 1. Ordinance establishing the 2002 corporate property tax levy. <br /> 2. Ordinance partially abating the 1991 General Obligation Bonds with state income <br /> taxes. <br /> 3. Ordinance fully abating the 1995 General Obligation Refunding bonds with Debt <br /> Service Fund beginning fund carryover. <br /> 4. Ordinance fully�bating the 1998 General Obligation Bonds (Library bon,ds)with <br /> local sales taxes. � <br /> 5. Ordinance fully abating the 2000 General Obligation Refunding Bonds (South <br /> Water Treatment Plant)with water revenue. <br />