HomeMy WebLinkAboutResolutions - RS-98-22 - 11/11/1998 - Tax LevyRS-98 - 22
DETERMINING THE AMOUNT OF FUNDS TO BE LEVIED
FOR THE 1998 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, it has been determined the levied amount will increase fifteen percent
(15%) over the 1997 levied amount; and
WHEREAS, it is the intent of the City of McHenry to exceed the 1997 tax extension
by more than 105 percent; and
WHEREAS, a Public Hearing as required by the Truth in Taxation Act of 1981 will
be held on December 2, 1998; and
WHEREAS, notice shall be published in the Northwest Herald by by November 25,
1998 notifying the general public of the Public Hearing.
NOW THEREFORE, BE IS RESOLVED BY THE MAYOR AND CITY COUNCIL OF
THE CITY OF MCHENRY, MCHENRY COUNTY, ILLINOIS that it has been determined the
amount of taxes to be levied by the City of McHenry, exclusive of election costs shall be
$2,434,989.00.
Steven J. Cuda, Mayor
ATTEST:
Pamela J. Althoff, City Cl&k