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HomeMy WebLinkAboutResolutions - R-18-018 - 11/12/2018 - Determining the Tax Levy Amount and Date of PHRESOLUTION R-18-0 / 9 RESOLUTION DETERMINING THE AMOUNT OF FUNDS TO BE LEVIED FOR THE 2018 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 seven (7) years (2011, 2012, 2013, 2014, 2015, 2016, 2017), forgone an increase or decreased the Property Tax Levy thereby keeping proposed levy amounts equal or less than the amount approved in 2010; and WHEREAS, the City of McHenry is proposing no increase to the proposed levy amount of $4,618,786 to be collected in 2019; and WHEREAS, a Public Hearing will be held on December 3, 2018 at 7:00 PM, at which date and time the public will have an opportunity to comment on said proposed levy; and WHEREAS, the date of the Public Hearing will be published in the Northwest Herald newspaper and posted in the McHenry Municipal Center. 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 3, 2018, at 7:00 PM, for the Public Hearing to consider the proposed 2018 Property Tax Levy in the amount of $4,618,756. Passed an approved this 121h day of November 2018. Voting Aye: Voting Nay: Abstaining: Not Voting: Absent: Ma�or Wayne Jett ATTEST: s! .�� -..w, U ir,✓ ,., 1�, ,: 1. �.{...-�.. Deputy City Clerk, Debra Meadows