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08/30/2022 Resolutions 2022-237RESOLUTION 2022-237 WHEREAS, Nebraska Revised Statute 77-1601.02 provides that the Governing Body of the City of Grand Island, Nebraska passes by a maj ority vote a resolution or ordinance setting the tax request; and WHEREAS, a special public hearing was held as required by law to hear and consider comments concerning the property tax request. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that: 1. The 2022-2023 City General property tax request be set at $12,960,137 of which $12,207,540 is designated for City General property tax and $752,597 is designated for Community Redevelopment Authority (CRA). 2. The total assessed value of properiy differs from last year's total assessed value by 5%. 3. The City General property tax rate which would levy the same amount of property taxes as last year, when multiplied by the new total assessed value of property, would be $0.3071 per $100 of assessed value. 4. The City General property tax rate designated for CRA which would levy the same amount of property taxes as last year, when multiplied by the new total assessed value of property, would be $0.0195 per $100 of assessed value. 5: The City of Grand Island, Nebraska proposes to adopt a City General property tax request that will cause its tax rate to be $0.3195 per $100 of assessed value. 6. The City of Grand Island, Nebraska proposes to adopt a City General property tax request designated for CRA that will cause its tax rate to be $0.0197 per $100 of assessed value. 7. Based on the proposed property tax request and changes in other revenue, the total operating budget of the City of Grand Island, Nebraska will increase last year's by 6%. A copy of this resolution be certified and forwarded to the County Clerk on or before October 10, 2022. Adopted by the City Council of the City of Grand Island, Nebraska, August 30, 2022. ger G. Steele, Mayor Attest: ����� RaNae Edwards, City Clerk Approved as to Form tt August 29, 2022 tt City Attorney