HomeMy WebLinkAboutResolutions - R-02-020 - 11/30/2002 - DETERMINE 2002 TAX LEVY AND SET PUBLIC HEARINGR-02 - gyp_
RESOLUTION
DETERMINING THE AMOUNT OF FUNDS TO BE LEVIED
FOR THE 2002 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 2001 levied amount; and
WHEREAS, it is the intent of the City of McHenry to exceed the 2001 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 2, 2002; and
WHEREAS, notice will be published in the Northwest Herald on November 22,
2002 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 $3,160,171.
Attest:
C. Jo s, ity Clerk