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HomeMy WebLinkAbout2958 Levying Taxes A95~ ORDINANCE NO. ~ AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1,2008 TO AND INCLUDING JUNE 30, 2009, SUCH TAXES IN THE SUM OF $8,616,000 UPON ALL THE REAL AND PERSONAL PROPERTY SUBJECT TO ASSESSMENT AND LEVY WITHIN THE CORPORATE LIMITS OF THE CITY OF ASHLAND, JACKSON COUNTY, OREGON 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 $4.0797 per thousand an amount estimated to be $7,956,000, voter authorized Local Option in the rate of $.13 per thousand an amount estimated to be $254,000 as well as $406,000 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, 2008, 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 to General Excluded from General Government Limitation Government Limitation Rate Permanent Rate Local Option Bonded Debt Per $ 1,000 General Fund - Operations $ 3,533,000 1.8119 General Fund - Technology Fee 341,000 0.1750 Parks and Recreation Fund 4,082,000 2.0928 Ashland Library Levy 254,000 0.1300 2000 Flood and Fire Station Bonds 177,400 2005 Refinancing 228,600 $ 7.956.000 $ 254,000 $ 406.000 The fOIj going ordinance was first READ on the -3 day of June, 2008 and duly PASSED and ADO ED this -'1- da of ~une, 2008. arbara Christensen, City Recorder SIGNED and APPROVED this If?' day of June, 2008. '- \ C--..--