HomeMy WebLinkAbout3049 Levying Taxes July 2011 - June 2012
ORDINANCE NO. ~Cl-t~
AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1,2011 TO
AND INCLUDING JUNE 30, 2012, SUCH TAXES IN THE SUM OF $9,997,229
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 I. That the City Council of the City of Ashland hereby levies the taxes provided for in the
adopted budget in the permanent rate of $4.1973 per thousand an amount estimated to be $8,914,562,
voter authorized Local Option in the rate of $.1921 per thousand an amount estimated to be $406,858 as
well as $675,810 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 I, 20 II, 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
General Fund - Operations
Debt Service Fund - Technology Fee
Parks and Recreation Fund
Permanent Rate
$ 4,097,873
372,000
4,444,689
Local Option
Bonded Debt
Per $ 1,000
1.9295
0.1750
2.0928
Ashland Library Levy
2005 GO Bonds
2011 GO Bonds - Fire Station #2
$
406,858
0.1921
$
416,610
259,200
675,810
$ 8,914,562 $
406,858
$
The foregoing ordinance was first read by title only in accordance with Article X,
Section (C) of the City Charter on the ---2- day of ~ ,2011
and y PASSED and ADOPTED this ~ day of ~ ,2011.
~ Itt ~~
Barbara M. Christensen, City Recorder
SIGNED and APPROVED this:;;e. day ofk, 20 II.
J s<mm"~ ~
Reviewed as to form:
ifa~>J ~'Lp/;
D VI Lohman, ity Attorney
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