HomeMy WebLinkAboutResolution 2016-015 To Increase the 2017 Regular Property Tax Levy RESOLUTION NO. 2016 - o 15
A RESOLUTION OF THE CITY OF ARLINGTON
TO INCREASE THE 2017 REGULAR PROPERTY TAX LEVY
WHEREAS, the City Council of the City of Arlington has met and considered its biennial
budget for the years 2017-2018; and
WHEREAS, the City's Regular Property Tax actual levy amount from the previous year(2016)
was $3,970,410; and
WHEREAS, the population of the City of Arlington is more than 10,000, and now therefore,
BE IT RESOLVED by the City Council of the City of Arlington that an increase in the regular
property tax levy is hereby authorized for the levy to be collected in the 2017 tax year.
The dollar amount of the increase over the actual levy amount from the previous year shall be
$39,704.10 which is a percentage increase of 1% from the previous year. This increase is
exclusive of additional revenue resulting from new construction, improvements to property, newly
constructed wind turbines, any increase in the value of state assessed property, any annexations
that have occurred and refunds made.
PASSED and APPROVED by the Mayor and City Council of the City of Arlington, at a
regular meeting held on the 21 st day of November, 2016.
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Barbara Tolbert, Mayor
ATTEST:
Kristi�Banfield, City berk
APPROVED AS TO FORM:
St e P ' fl ity Attorney