HomeMy WebLinkAboutResolutions - R-07-018 - 11/12/2007 - ESTABLISH 2007 TAX YEAR LEVYResolution
R-07- 018
Resolution Determining the Amount of Funds to be levied for the
2007 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 requested levy amount is an increase of fifteen percent (15%)
over the 2006 levy amount; and
WHEREAS, it is the intent of the City of McHenry to exceed the 2006 tax extension by more than
105% with the levy request; and
WHEREAS, a Public Hearing, as required by the Truth in Taxation Act of 19811 will be held on
December 3, 2007; and
WHEREAS, notice shall be published in the Northwest Herald between November 19, 2007 and
November 26, 2007, 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 $4,565,388.
Passed and approved this 12 th day of N O V E\R B E R , 2007.
Voting Aye:
SANTI,
Voting Nay:
NONE
Not Voting:
NONE
Abstaining:
NONE
Absent:
NONE
APPR VE:
ayor
GLAB, 'SCHAEFER, MURGATROYD, WIMMER, PETERSON, CONDON
ATTEST:
City