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HomeMy WebLinkAbout2919 Leving Taxes ORDINANCE NO. 1- q \ q AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1, 2005 TO AND INCLUDING JUNE 30, 2006, SUCH TAXES IN THE SUM OF $8,803,680 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 $3.7147 per thousand an amount estimated to be $6,230,000, voter authorizecl Local Option in the rate of $1.3800 per thousand an amount estimated to be $2,315,000, as well as $258,680 authorized for the repayment of General Obligation Debt and that these taxes are hereby levied upon the assessed value for tht3 fiscal year starting July 1, 2005, 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 Government Limitation Government Li General itation Rate Permanent Rate Local Option Bonded Debt Per $ 1,000 General Fund $ 2,720,000 1.6219 Parks and Recreation Fund 3,510,000 2.0928 Youth Activities Levy $ 2,315,000 1 .3800 1997 Flood Restoration Bond Levy 230,B80 2000 Flood and Fire Station Bonds 27, ~roo $ 6,230,000 $ 2,315,000 $ 258,f)80 SIGNED and APPROVED this 22...day of June, 2005. ~~ Kate Jackson, Council Chair Micha