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HomeMy WebLinkAboutResolutions - 24-12 - 11/18/2024 - Tax Levy Hearing Notice RESOLUTION 24-12 RESOLUTION DETERMINING THE AMOUNT OF FUNDS TO BE LEVIED FOR THE 2024 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 following years (2011, 2012, 2013, 2014, 2015, 2016, 2017, 20]8, 2019, 2020), 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 passed a 1.4% increase to the 2021 levy amount of$3,073,069 to be collected in 2022; and WHEREAS,the City of McHenry passed a 0% increase to the 2022 and 2023 levy amounts of $3,072,868 and $3,074,352, respectively,to be collected in 2023 and 2024; and WHEREAS,the City of McHenry proposes a 1.2% new growth increase to the proposed 2024 levy amount of$3,l 12,374 to be collected in 2025; and WHEREAS, a Public Hearing will be held on December 16, 2024, at 7:00 p.m.,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 16, 2024, at 7:00 p.m. for the Public Hearing to consider the proposed 2024 Properiy Tax Levy in the amount of $3,1]2,374. Passed this 18th day of November, 2024. Aves Nays Absent Abstain Alderwoman Bassi x Alderman Davis x Alderman Glab x Alderman Koch x Alderman McClatchey x_ Alderman Miller x Alderman Santi x � �'�o"� 0. ' Wayne Jett, ayor Monte Johnson, Deputy Clerk