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City of Ashland, Oregon / City Recorder / City Council Information / Packet Archives / Year 2005 / 06/21 / Tax Levy

Tax Levy

Council Communication

Second Reading of an Ordinance Levying Taxes for the Period of July 1, 2005 to and Including June 30, 2006

Meeting Date: June 21, 2005 Primary Staff Contact: Lee Tuneberg, 552-2003 tuneberl@ashland.or.us
Department: Finance Secondary Staff Contact:
Contributing Departments: NA
Approval: Gino Grimaldi

Statement:
This is the second reading of the Ordinance levying taxes for the period of July 1, 2005 to and including June 30, 2006. It was first read June 7, 2005.

Authorizing property taxes in the sum of $8,803,680 upon all the real and personal property subject to assessment and levy within the corporate limits of the City of Ashland, Jackson County, Oregon. The levy consists of three parts: (1) a permanent rate supporting the General and Parks Funds of $3.7147, totaling $6,230,000 (2) a local option levy supporting Ashland Youth Activities Fund at a rate of $1.3800, totaling $2,315,000, and (3) two bonded debt levies totaling $258,680.

0
Background:
This Ordinance is levying less than the amount set by the Budget Committee's recommendation to correct for an error in the information presented during the hearings. Oregon Budget Law allows Council to reduce the amount of taxes to be levied.
0
Staff Recommendation:
Staff recommends approval of the attached Ordinance read by title only.
Attachments:
• An Ordinance levying taxes for the period of July 1, 2005 to and including June 30, 2006
 

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