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HomeMy WebLinkAboutResolutions - RS-97-34 - 11/05/1997 - Tax LevyRS-97-34 RESOLUTION DETERMINING THE AMOUNT OF FUNDS TO BE LEVIED FOR THE 1997 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 11.2 percent over the 1996 levied amount; and WHEREAS, it is the intent of the City of McHenry to exceed the 1996 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 November 19, 1997; and WHEREAS, notice shall be published in the Northwest Herald on November 10, 1997 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 $2,226,687. Steven J. Cuda, Mayor ATTEST: ticz Pamela J. Althoff, City I <