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HomeMy WebLinkAboutResolutions - R-01-027 - 12/03/2001 - DETERMINE TAX LEVY AND SET DATE FOR PUBLIC HEARINGR-01-027 RESOLUTION DETERMINING THE AMOUNT OF FUNDS TO BE LEVIED FOR THE 2001 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 2000 levied amount; and WHEREAS, it is the intent of the City of McHenry to exceed the 2000 tax extension by more than 105 percent; and WHEREAS, a Public Hearing as required by the Truth in Taxation Act of 1981 was held on December 3, 2001; and WHEREAS, notice shall be published in the Northwest Herald on November 26, 2001 notifying the general public of the Public Hearing. NOW THEREFORE, BE IT 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 the election costs, shall be $2,930,848. Attest: Pamela J. Althoff, Mayor Janice C. Jones, City Clerk