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09/12/2023 Resolutions 2023-229R E S O L U T I O N 2023-229 WHEREAS, Nebraska Revised Statute 77-1601.02 provides that the Governing Body of the City of Grand Island, Nebraska passes by a majority 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 ta� request. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that: 1. The 2023-2024 City General property tax request be set at $12,983,258 of which $12,207,540 is designated for City General property tax and $775,718 is designated for Community Redevelopment Authority (CRA). 2. The total assessed value of property differs from last year's total assessed value by 15.9%. 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 $0.275631 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 $0.017003 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 $0.275631 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 $0.01'7515 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 13%. 8. A copy of this resolution be certified and forwarded to the County Clerk on or before October 10, 2023. Adopted by the City Council of the City of Grand Island, Nebraska, September 12, 2023. � Roger G. Steele, Mayor Attest: � c �- Granere, Deputy City Clerk