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HomeMy WebLinkAboutResolutions - R-16-021 - 11/07/2016 - AMNT OF FUNDS TO BE LEVIED 2016 TAX YEAR & DATE OFRESOLUTION R-16-021 RESOLUTION DETERMINING THE AMOUNT OF FUNDS TO BE LEVIED FOR THE 2016 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 five (5) years (2011, 2012, 2013, 2014, 2015), 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 no increase to the proposed levy amount of $4,761,635 to be collected in 2017; and WHEREAS, a Public Hearing will be held on December 5, 2016 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 5, 2015, at 7:00 PM, for the Public Hearing to consider the proposed 2016 Property Tax Levy in the amount of $4,761,635. Passed an approved this 7ch day of November 2016. Voting Aye: CONDON, SCHAEFER, CURRY, GLAB, SANTI, PETERSON Voting Nay: NONE Not Voting: NONE Abstaining: NONE Absent: WIMMER Mayor ATTEST: Q 'City Clerl b,