HomeMy WebLinkAboutResolution No. 2018-025 To Increase the 2019 Regular Property Tax Levy RESOLUTION NO. 2018—025
A RESOLUTION OF THE CITY OF ARLINGTON
TO INCREASE THE 2019 REGULAR PROPERTY TAX LEVY
WHEREAS, the City Council of the City of Arlington has met and considered its biennial budget
for the years 2019-2020; and
WHEREAS,the City's Regular Property Tax actual levy amount from the previous year (2018)
was $4,104,341.08; 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 2019 tax year.
The dollar amount of the increase over the actual levy amount from the previous year shall be
$41,043.41 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 19th day of November, 2018.
Barbara Tolbert, Mayor
ATTEST:
a
Kristi Banfield, City herk
APPROVED AS TO FORM:
Step a-P iffle; ity Attorney