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HomeMy WebLinkAboutResolutions - R-14-024 - 12/01/2014 - Tax LevyResolution R44-024 Resolution determining the amount of funds to be levied for the 2014 Tax Year through real estate taxes for the City of McHenry, McHenry County, Illinois WHEREAS, the City of McHenry has historically levied taxes for the purpose of conducting City business for its residents and local businesses; and WHEREAS, the City of McHenry has worked diligently on behalf of its residents and local businesses to reduce expenditures while attempting to provide the same high quality of programs and services; and WHEREAS, the City of McHenry has, for the past three years (2011, 2012 and 2013), forgone an increase in the property tax levy thereby keeping proposed levy amounts equal to the amount approved in 2010; and WHEREAS, the City of McHenry is proposing an increase in the proposed levy amount from $4,761,635 collected in 2013 to $4,850,335 to be collected in 2014; and WHEREAS, a Public Hearing will be held on December 15, 2014 at 7:00 PM at which date and time persons will have an opportunity to comment on said proposed levy; and WHEREAS, notice shall be posted at the McHenry Municipal Center notifying the general public of the Public Hearing, NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of McHenry, McHenry County, Illinois go on record establishing the date and time, December 15, 2014 at 7:00 PM, for Public Hearing to consider the proposed 2014 tax levy in the amount of $4,850,335. Passed an approved this 1 Sc Day of December, 2014. Voting Aye: Santi, Glab, Schaefer, Blake, Wimmer, Peterson, Condon Voting Nay: None Not Voting: None Abstaining: None Absent: None Mayor ATTEST: