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HomeMy WebLinkAbout3129 Levying Taxes ORDINANCE NO. Id, C1 AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1, 2016 TO AND INCLUDING JUNE 309 20179 SUCH TAXES IN THE SUM OF $11,0889369 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 $10,573,060 and voter authorized $515,309 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, 2016, 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: Permanent Rate Local Option Bonded Debt Per $ 1,000 General Fund - Operations $ 10,573,060 4.1972 2005 GO Bonds $ 295,650 2011 GO Bonds - Fire Station #2 219,659 $ 10,573,060 $ - $ 515,309 The foregoing ordinance was first read by title only in accordance with Article X, Section 2(C) of the City Charter on the '7 day of 1L , 2016. and du ASSED and ADOPTED this a day of U , 2016. arbara M. Christensen, City Recorder SIGNED and APPROVED this as day of vi Str berg, Mayor Revie 7Lds to form- David Lohman, City Attorney Page 1 of 1