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HomeMy WebLinkAbout3065 Levying Taxes 2012-2013 ORDINANCE NO. 3 CAS AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1, 2012 TO AND INCLUDING JUNE 309 2013, SUCH TAXES IN THE SUM OF $1090839098 UPON ALL THE REAL AND PERSONAL PROPERTY SUBJECT TO ASSESSMENT AND LEVY WITHIN THE CORPORATE LIMITS OF THE CITY OF ASHLAND, JACKSON COUNTY, OREGON THE PEOPLE OF THE CITY OF ASHLAND ORDAIN AS FOLLOWS: Section 1. That the City Council of the City of Ashland hereby levies the taxes provided for in the adopted budget in the permanent rate of $4.1972 per thousand an amount estimated to be $9,148,158, voter authorized Local Option in the rate of$.1921 per thousand an amount estimated to be $419,064 as well as $515,876 authorized for the repayment of General Obligation Debt'and that these taxes are hereby levied upon the assessed value for the fiscal year starting July 1•, 2012, on all taxable property within the City. Section 2. That the City Council hereby declares that the taxes so levied are applicable to the following funds: Subject . -. from General Government Limitation Government Limitation Rate Permanent Rate . .Local Option Bonded Debt Per$ 1,000 General Fund -Operations $ 4,209,929, 1.9295 Debt Service Fund -Technology Fee 372,000' 0.1749 Parks and Recreation Fund 4,566,229 2.0928 Ashland Library Levy 1 $ 419,064 0.1921 2005 GO Bonds $ 296,865 2011 GO Bonds -Fire Station#2 219,011 $ 9,148,158 $ 419,064 $ 515.876 The foregoing ordinance was first read by title only in acc rdance with Article X, Section 2(C) of the City Charter on the S day of i 2012. and y PASSED and ADOPTED this 1q day of , 2012. k AA� Barbara M. Christensen, City Recorder L SIGNED and APPROVED this;60 day of Jk� , 2012. ✓�i otul'Stro berg, Mayor Revie ed as to form: David Lohman, City Attorney Page 1 of 1