HomeMy WebLinkAbout2941 Levying Taxes
ORDINANCE NO. ~9ifJ
AN ORDINANCE LEVYING TAXES FOR THE PERIOD OF JULY 1, 2007, TO AND INCLUDING
JUNE 30, 2008, SUCH TAXES IN THE SUM OF $10,609,706 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 NO. 2940 AND DECLARING AN EMERGENCY.
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 $3.9447 per thousand an amount estimated to be $7,310,000, voter authorized Local Option in the
rate of $1.5800 per thousand an amount estimated to be $2,928,660 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. 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 $ 3,431,000 1.8519
Parks and Recreation Fund 3,879,000 2.0928
Youth Activities Levy $ 2,558,000 1.3800
Ashland Library Levy 370,660 0.2000
1997 Flood Restoration Bond Levy 85,030
2000 Flood and Fire Station Bonds 168,782
2005 Refinancing 117,234
$ 7,310,000 $ 2,928,660 $ 371,046
Section 3. Inasmuch as this corrected levy must be immediately filed with the Jackson County Assessor, it is
deemed necessary for the public peace, health, and safety of the citizens of the City of Ashland that an emergency
be declared to exist, and this ordinance shall be in full force and effect from and after its passage by the Council and
approval by the Mayor.
arbara Christensen, City Recorder
SIGNED and APPROVED this~day of September, 2007.
~,
fu,s I hc~e.rJ
&ul\eJ ~