HomeMy WebLinkAboutResolution No. 2023-016 A Resolution of the City of Arlington Establishing the 2024 Regular Property Tax Levy RESOLUTION NO. 2023-016
A RESOLUTION OF THE CITY OF ARLINGTON
ESTABLISHING THE 2024 REGULAR PROPERTY TAX LEVY
WHEREAS, the City Council of the City of Arlington has met and considered its biennial budget
for the years 2023-2024; and
WHEREAS,the City's Regular Property Tax actual levy amount from the previous year (2023)
was $2,978,327.99; and
WHEREAS,the population of the City of Arlington is more than 10,000, and
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 2024 tax year.
The dollar amount of the increase over the actual levy amount from the previous year shall be
$1,759,557.33 which is a percentage increase of 59%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 20th day of November, 2023.
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224
Barbara Tolbert, Mayor
ATTEST:
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Wendy Varkber Meersche, City Clerk
APPROVED AS TO FORM:
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