HomeMy WebLinkAbout2940 Levy Taxes
ORDINANCE NO. 'J-,C\L\ 0
AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1,2007 TO AND INCLUDING
JUNE 30, 2008, SUCH TAXES IN THE SUM OF $11,314,046 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 DO ORDAIN AS FOLLOWS:
Section 1. The City Council of the City of Ashland levies the taxes provided for in the adopted
budget in the permanent rate of $3.9447 per thousand an amount estimated to be $7,310,000,
voter authorized Local Option in the rate of $1.9600 per thousand an amount estimated to be
$3,633,000 as well as $371,046 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 1,2007, on
all taxable property within the City.
Section 2. The City Council declares that the taxes so levied are applicable to the following
funds:
Subject to General Excluded from General
Government Limitation Government Limitation Rate
Permanent Rate Local Option Bonded Debt Per $ 1,000
General Fund - Operations $ 3,107,000 1.6769
General Fund - Technology Fee 324,000 0.1750
Parks and Recreation Fund 3,879,000 2.0928
Youth Activities Levy $ 2,558,000 1.3800
Ashland Library Levy 1,075,000 0.5800
1997 Flood Restoration Bond Levy 85,030
2000 Flood and Fire Station Bonds 168,782
2005 Refinancing 117,234
$ 7,310,000 $ 3,633,000 $ 371,046
ance was first READ on theb day of June, 2007 and duly PASSED and
day of June, 2Q07.
arbara Christensen, City Recorder
SIGNED and APPROVED this ~ day of June, 2007.
1AJ
Russ Silbiger, Council Chair