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HomeMy WebLinkAboutResolutions - R-04-011 - 10/18/2004 - 2004 TAX LEVY PUBLIC HEARING ESTABLISHEDRS-04- 011 RESOLUTION DETERMINING THE AMOUNT OF FUNDS TO BE LEVIED FOR THE 2004 TAX YEAR THROUGH REAL ESTATE TAXES FOR THE CITY OF MCHENRY, MCHENRY COUNTY, ILLINOIS WHEREAS, the City of McHenry has historicaljy levied taxes for the purpose of conducting City business for its residents and local businesses; and WHEREAS, it has been determined the requested levy amount is an increase of fifteen percent (15%) over the 2003 levied amount; and WHEREAS, it is the intent of the City of McHenry to exceed the 2003 tax extension by more than 105 percent with the levy request; and WHEREAS, a Public Hearing as required by the Truth in Taxation Act of 1981 will be held on December 6, 2004; and WHEREAS, notice shall be published in the Northwest Herald by November 29, 2004 notifying the general public of the Public Hearing. . NOW THERFORE, 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 $3,615,502. PASSED AND APPROVED THIS 18TH DAY OF OCTOBER; 2004. usan E. Low, Mayor Attest: Janic C. ones, Ci erk