|
ORDINANCE NO. 2014-59
<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 /> JANUARY 1, 2015 AND ENDING DECEMBER 31, 2015, AND FIXING A TIME WHEN
<br /> THE SAME 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, the City of Decatur is required to establish the Property Tait 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 2014 and with tax payable in calendar year 2015.
<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 and County purposes
<br /> for the fiscal year beginning with the 1st day of January of 2015, and ending on the 1st day of December,
<br /> 2015, the sum of Nineteen Million, Five Hundred Twenty-Eight Thousand, Sixty Eight Dollars and Eighty
<br /> Two Cents ($19,528,068.82) for which said sum is hereby levied and is appropriated for purposes
<br /> specified as follows, and that there is hereby abated upon all taxable property with n the corporate limits
<br /> of the City of Decatur, Illinois, the sum of Seven Million, Seven Hundred Twenty Eight Thousand, Sixty
<br /> Eight Dollars and Eighty Two Cents ($7,728,068.82), resulting in a Net Tax Levy of Eleven Million, Eight
<br /> Hundred Thousand, Dollars and Zero Cents($11,800,000.00).
<br /> Tax Levy$ Abate$ Net Tax Levy$
<br /> Decatur Employee IMRF 232,450.00 232,450.00
<br /> Decatur Police Pension 3,700,000.00 3,700,000.00
<br /> Decatur Firefighters Pension 3,750,000.00 3,750,000.00
<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 2008 1,170,712.52 1,170,712.52 -0-
<br /> GO Bond 2010 Series A 595,782.52 476,626.20 119,156.24
<br /> GO Bond 2010 Series B 2,324,067.52 2,324,067.52 -0-
<br /> GO Bond 2010 Series C 278,600.00 139,300.00 139,300.00
<br /> GO Bond 2010 Series D 276,850.00 276,850.00
<br /> GO Bond 2012 747,243.76 747,243.76
<br /> GO Bond 2013 1,836,925.00 1,836,925.0 -0-
<br /> GO Bond 2014 1,780,437.50 1,780,437.5 -0-
<br /> Total Tax Levy 19,528,068.82 7,728,068.8 11,800,000.00
<br /> Section 2. That the City Clerk be, and is hereby, authorized and dir�ted to cause a duly
<br /> certified copy of this Ordinance to be filed with the County Clerk of the County of Macon, Illinois, in time
<br /> and manner as provided by law.
<br />
|