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HomeMy WebLinkAbout2911 Emergency Tax LevyORDINANCE NO. '~~k \ AN EMERGENCY ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1,2004 TO AND INCLUDING JUNE 30, 2005, SUCH TAXES IN THE SUM OF $8,399,000 UPON ALL THE REAL AND PERSONAL PROPERTY SUBJECT TO ASSESSMENT AND LEVY WITHIN THE CORPORATE LIMITS OF THE CITY OF ASHLAND, JACKSON COUNTY, OREGON AND REPEALING ORDINANCE 2910. 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 $3.5647 per thousand an amount estimated to be $5,696,000, voter authorized Local Option in the rate of $1.3800 per thousand an amount estimated to be $2,205,000, as well as $498,000 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, 2004, 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: General Fund Parks and Recreation Fund Youth Activities Levy 1982 Water Bond Levy 1997 Flood Restoration Bond Levy 2000 Flood and Fire Station Bonds Permanent Rate $ 2,352,OOO 3,344,000 $ 5~696~000 Local Option $ 2,205,000 Bonded Debt $ 83,C)00 105, C)O0 310,000 $ 2~205~000 $ 498~000 Per $1,000 1.4719 2.0928 1.3800 The foregoing emergency ordinance was read on first and second readings in full in accordance with Article. X, Section 2(C) of the City Charter on the 20th day of July, 2004, and duly PASSED and AD~~TED this 20they f Ju~0)...)~ Barbara Christensen, City Recorder SIGNED and APPROVED this 20th day of July, 2004. Reviewed as for ,,.*'~ ,,~-.?Y""} Micha~,CJ.. Fra~e~,~;d'ty At{orney Alan W. DeBoer, Mayor