09/11/2007 Resolutions 2007-227RESOLUTION 2007-227
WHEREAS, Nebraska Revised Statute Section 77-1601.02 provides that the property
tax request for the prior year shall be the property tax request for the current year for purposes of the
levy set by the County Board of Equalization unless the Governing Body of the City passes by a
majority vote a resolution or ordinance setting the tax request at a different amount; and
WHEREAS, a special public hearing was held as required by law to hear and
consider comments concerning the property tax request; and
WHEREAS, it is in the best interests of the City that the property tax request for the
current year be a different amount than the property tax request for the prior year; and
WHEREAS, the final levy of the Municipality for the fiscal year 2007-2008 for all
general municipal purposes is set at .238319 per one hundred dollars of actual valuation; and
WHEREAS, the final levy of the Municipality for the fiscal year 2007-2008 for
Parking District No. 2 is set at .023375 per one hundred dollars of actual valuation; and
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WHEREAS, the final levy of the Municipality for the fiscal year 2007-2008 for the
Community Redevelopment Authority is set at .022566 per one hundred dollars of actual valuation.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that:
1. The amount to be raised by taxation for all general municipal purposes for the fiscal
year commencing on October 1, 2007 in the amount of $5,280,591.00 shall be levied
upon all the taxable property in the City of Grand Island, and based on a current
assessed valuation of $2,215,765,896.00; and
2. The amount to be raised by taxation for Parking District No. 2 for the fiscal year
commencing October 1, 2007 in the amount of $9,000.00 shall be levied upon all the
taxable property within Parking District No. 2, and based on a current assessed
valuation of $38,502,963.00; and
3. The amount to be raised by taxation for the Community Redevelopment Authority
for the fiscal year commencing October 1, 2007 in the amount of $500,000.00 shall
be levied upon the taxable property in the City of Grand Island, and based on a
current assessed valuation of $2,215,765,896.00.
Approved as to Form c~~;j
September 10, 2007 c CityAttorney
Adopted by the City Council of the City of Grand Island, Nebraska, September 11, 2007.
Margaret ornady, Mayor
Attest:
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RaNae Edwards, City Clerk
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