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HomeMy WebLinkAbout60 of 1981 - A RESOLUTION DETERMINING THE RATE OF TAX LEVY AND LEVYING TAXES UPON ALL REAL AND PERSONAL PROPERTY Salt tak:j7°Y 0VED AS TD FORM Date hY ACOfl y} office RESOLUTION A RESOLUTION DETERMINING THE RATE OF TAX LEVY AND LEVYING TAXES UPON ALL REAL AND PERSONAL PROPERTY WITHIN SALT LAKE CITY, UTAH, MADE TAXABLE BY LAW, FOR THE YEAR 1980. WHEREAS, Sections 10-6-133(1) and 59-9-7 Utah Code Ann., 1953, require that, at a regularly scheduled meeting of the Council of Salt Lake City, the said Council adopt and set the property tax mill levy on or before the second Monday of August of each year; and WHEREAS, it is the intent and desire of Salt Lake City to comply with the mandate of the Utah Legislature, but reserve in itself the power to amend the mill levy set herein to guarantee, after final appraisal figures have been determined, that the City does not exceed the amount required for its governmental operations and the taxing authority granted by the Legislature of the State of Utah; NOW, THEREFORE, BE IT RESOLVED by the Council of Salt Lake City as follows: 1. For the purposes of defraying the necessary and proper expenses of Salt Lake City, for maintaining the government thereof and for operating and maintaining its libraries and reading rooms, it is hereby determined that the rate of the general Salt Lake City property tax upon all real and personal property within Salt Lake City made taxable by law for the year 1981, is hereby determined to be 18.79 mills on each dollar of assessed valuation of said property. The Council of Salt Lake City hereby resolves that there is hereby levied upon all real and personal property within Salt Lake City, made taxable by law in the year 1981, for the fiscal year of Salt Lake City ending June 30, 1982, a tax of 18.79 mills on each dollar assessed valuation of said property for Salt Lake City, identified as follows: (a) 15.29 mills for general fund and for general City purposes; (b) .5 mills for purposes of the Utah Governmental Immunity Act; (c) 3.00 mills for the purpose of defraying the necessary and proper expenses of Salt Lake City in maintaining and operating its libraries and reading rooms. 2. The rate and levy hereinabove determined and levied be certified by the City Recorder to the auditor of Salt Lake County, State of Utah and the Utah State Tax Commission not later than Thursday following the second Monday in August, 1981 pursuant to the provisions of Section 10-6-134 Utah Code Ann., 1953, as amended. 3. The foregoing notwithstanding, Salt Lake City, by and through the Council of Salt Lake City, hereby expressly reserves the power and right to amend the foregoing resolution and to amend any property tax levy made herein as it may deem just, proper and appropriate under law. 4. In the opinion of said City Council it is necessary to the peace, health and welfare of the inhabitants of Salt Lake City that this resolution take effect upon its passage. This Resolution shall take effect upon its adoption. Passed by the Council of Salt Lake City, Utah, this 4th day of A„g„st , 1981. CHAIRMAN ATTEST: CITY RE DER APPROVED this 4th day of August 1981. Y R Z/ —2— ATTEST: CI Y REC -3- LEVY SHEET SUMMARY To the State Tax Commission of Utah State Assessed Property Division 2870 Connor Street July 31, 1981 Salt Lake City, Utah 84109 Date and SALT LAKE County Auditor SALT LAKE County, Utah The following levies have been set by the CITY COUNCIL City Commissioners or Council of Salt Lake City for the year 1981: City CITY LEVIES PURPOSE OF LEVY LEVY AUTHORIZED BY MILLS LEVIED General City Purposes (over-all levy) (10-10-57) 15.29 Tort Liability (under Governmental .50 Immunity Act) (63-30-27) Interest, Sinking Fund (10-7-9; 10-8-6; 10-13-22) Other (Specify Purpose and Statute) Salt Lake City Public Library ( 37-2-1 ) 3.00 AMENDED BY CH 56, L '63 ( ) • ( ) ( ) ( ) ( ) ( ) ( ) TOTAL MUNICIPAL LEVY 18.79 (Authorized Agent), certify that the infor ation contained ltrein is a true and correct statement to the best of my knowledge in compliance with all Sections of the Utah Code related to the levying process. Date Aguust 4, 1981 By Albert E. Haines Phone 535-7676 Title Director of Finance and Administrative Services Mailing Address Room 200 City and County Building, Salt Lake City UT 84111 On or before the 2nd Monday in August, reports in duplicate must be filed with the County Auditor. County Auditor will forward one copy to the State Tax Commissior for examination of proposed levies (59-9-7 and 8). Received by County Auditor , 198 ALL LEVY SCHEDULES MUST BE SIGNED • upplemental Worksheet (59-9-8) titach to Levy Sheet Summary (Required for Certification of Levy by State Tax Commission) 1981 WORKSHEET FOR THE COMPUTATION OF PROPERTY TAX MILL LEVIES FOR TAXING UNITS (Pursuant to 59-9-8, Amended 1979 and 1980) Salt Lake City (City) General Fund (Purpose of Levy) Adopted and Approved Budget (FROM PROPERTY TAX REVENUES ONLY) $ 12,058,924 (A) (ATTACH COPY OF BUDGET REPORT Sum of Assessed Valuations AS ADOPTED AND APPROVED) 1. As Adjusted by the Board of Equalization $ 738,257.038 2. Assessed Valuations of any Additional Personal Property Estimated by the County Assessor to be Subject to Taxation in the Current Year 85,872,862 Sum of Assessed Valuations (1 + 2) (Contact your county assessor for valuations) $ 824,130,000 (B) Multiplied by Percentage of Property Taxes Collected for the Immediately Preceding Fiscal Year (Contact your • county treasurer for the percentage) 95_/4 (C) Sum of Assessed Valuations Adjusted for Percentage of Property Taxes Collected (B x C) $ 788,692,400 (D) Computation of Mill Levy Subject to Statutory Provisions (A : D) (See below for tatutory prov' ions) 15.29 Mills (2 decimal places) (Authorized Agent), do hereby certify that the budgetary amounts from property tax revenues listed on Line A was adopted and approved on ,tune 30 , 1981, in compliance with all irements a ovided by law. Signed Albert E. Haines Date August 4_1981 NOTE: The 1980 amendment to 59-9-8 affecting all tax-exempt property and property upon which the tax is abated or deferred is accounted for in the percentage of property taxes collected for the immediately preceding fiscal year under normal conditions. If under unusual circumstances, a large deficit should occur in a given year, the deficiency will be recovered the subsequent year by including the deficit in the budget request, and the decrease in the percentage of tax collected due to the deficit incurred. STATUTORY PROVISIONS General Levu Limitations (10-6-133). The combined mill levies shall not exceed 35 mills (see exclusions). Levies INCLUDVL In the General Cite Levy Limitations Airports (2-1-5 and 2-3-8). No licit except it must be within the general city levy limitation. Hospitals (13-6-91). Third class cities can levy up to 5 mills. Recreation (11-2-7). No limit except it must be within the general city levy limitation. Special Improvement Guaranty Fund (10-16-31). May levy up to 1 mill. Levies INCLUDE:, from the General Cite Levy Limitations bond Interest and Sinking Fund (1L-7-9 and 10-8-6). Levy limited co 4: of the value of taxable property. Libraries (3'-2-1L. Levy nor to exceed 3.75 mills. Tort Liability (63-30-27). May levy up to .50 mill. :can:taisal Limitations (59-5-111). Refer to code Icy.lia_:a:ions. infer to code for de:ail,- of statutory emulsions. ` - V T SCSEDULESMIjS T BE SIGNED applemental Worksheet (59-9-8) ttach to Levy Sheet Summary Required for Certification of Levy by State Tax Commission) 1981 WORKS}IEET FOR THE COMPUTATION OF PROPERTY TAX MILL LEVIES FOR TAXING UNITS (Pursuant to 59-9-8, Amended 1979 and 1980) Salt Lake City (City) Governmental Immunity (Purpose of Levy) Adopted and Approved Budget (FROM PROPERTY TAX REVENUES ONLY) $ 455.000 (A) (ATTACH COPY OF BUDGET REPORT Sum of Assessed Valuations AS ADOPTED AND APPROVED) 1. As Adjusted by the Board of Equalization $ 738,257,0j8 2. Assessed Valuations of any Additional Personal Property Estimated by the County Assessor to be Subject to Taxation in the Current Year 85,872,962 Sum of Assessed Valuations (1 + 2) (Contact your county assessor for valuations) $ 824,130,000 (B) Multiplied by Percentage of Property Taxes Collected for the Immediately Preceding Fiscal Year (Contact your county treasurer for the percentage) 95.7 % (C) Sum of Assessed Valuations Adjusted for Percentage of Property Taxes Collected (B x C) $ 788,692,400 (0) Computation of Mill Levy Subject to Statutory Provisions (A : D) (See below f r tatutory provisions) 5R Mills (2 decimal places) (Authorized A ent), do hereby certify that the budgetary amounts f om property tax revenues listed on Line A was adopted and • approved on June 30 , 1981, in compliance with all r- :irements a provided by law. Signed et Albert E. Haines Date August 4, 1981 NOTE: The 1983 amendment to 59-9-8 affecting all tax-exempt property and property upon which the tax is abated or deferred le accounted for in the percentage of property taxes collected for the immediately preceding fiscal year under normal conditions. If under unusual circumstances, a large deficit should occur in a given year, the deficiency will be recovered the subsequent year by including the deficit in the budget request, and the decrease in the percentage of tax collected due to the deficit incurred. STATUTORY PROVISIONS C.eneral Lew Limitations (10-6-133). The combined mill levies shall not exceed 35 mills (see exclusions). Levies INCLUDED in t e General City Lev, Limitations Airports (2-2-5 and 2-3-8). he limit except it must be within the general city levy limitation. hospitals (13-8-51). Third class cities can levy up to 5 mills. Recreation (11-2-7). No limit except it must be within the general city levy limitation. Special Improvement Guaranty Fund (10-16-31). Hay levy up to 1 mill. Levies EXCLUDED from the General City Levy Limitations bond Interest and SinkinE Fund (li-i-9 and 10-S-6). Levy limited to 41 of the value of taxable property. Libraries (37-2-1). Levy not to exceed 3.75 mills. Tort Liability (63-30-27). ray levy up to .50 mill. eannrcisa_ Limitations (55-5-111). Refer to code for limitations. r tc code for detail, of statutory provisions. L E V S S C )! L D U L E: S MUST BE SIGNED Supplemental Worksheet (59-9-8) Attach to Levy Sheet Summary (Required for Certification of Levy by State Tax Commission) 1981 WORKSHEET FOR THE COMPUTATION OF PROPERTY TAX MILL LEVIES FOR TAXING UNITS (Pursuant to 59-9-8, Amended 1979 and 1980) Salt Lake City (City) Library Fund (Purpose of Levy) >,dopted and Approved Budget (FROM PROPERTY TAX REVENUES ONLY) $ 2,376,110 (A) (ATTACH COPY OF BUDGET REPORT (um of Assessed Valuations AS ADOPTED AND APPROVED) 1. As Adjusted by the Board of Equalization $ 738,257,038 2. Assessed Valuations of any Additional Personal Property Estimated by the County Assessor to be Subject to Taxation in the Current Year 85,872,962 Sum of Assessed Valuations (1 + 2) (Contact your county assessor for valuations) $ 824,130,000 (B) Multiplied by Percentage of Property Taxes Collected for the Immediately Preceding Fiscal Year (Contact your county treasurer for the percentage) 95.7 % (C) Sum of Assessed Valuations Adjusted for Percentage of Property Taxes Collected (B x C) $ 788,692,400 (D) omputation of Mill Levy Subject to Statutory Provisions (A : D) (See below for statutory provisions) 3.01 Mills (2 decimal places) I� (Authorized Agent), do hereby certify hat the bu getary amounts fr m property tax revenues listed on Line A was ado ed and 'proved on June 30 , 1981, in compliance with all r ,tements as p ovi4.pd �I law. Signed Albert E. Haines Date August 4. 1981 OTE: The 1980 amendment to 59-9-8 affecting all tax-exempt property and property upon which the tax is abated r deferred is accounted for in the percentage of property taxes collected for the immediately preceding fiscal ear under normal conditions. If under unusual circumstances, a large deficit should occur in a given year, the eficiency will be recovered the subsequent year by including the deficit in the budget request, and the decrease the percentage of tax collected due to the deficit incurred. STATUTORY PROVISIONS eneral Levy Limitations (10-6-133). The combined mill levies shall not exceed 35 mills (see exclusions). evies INCLUDED in the General City Levy Limitations Airports (2-2-8 and 2-3-8). No limit except it must be within the general city levy limitation. Hospitals (10-8-91). Third class cities can levy up to 5 mills. Recreation (11-2-7). No limit except it must be within the general city levy limitation. Special Improvement Guaranty Fund (10-16-31). May levy up to 1 mill. !vies EXCLUDED from the General City Lew Limitations Bond Interest and Sinking Fund (10-7-9 and 10-8-6). Levy limited to 4: of the value of taxable property. Libraries (37-2-1). Levy not to exceed 3.75 mills. Tort Liability (63-30-27). May levy up to .50 mill. Appraisal Limitations (59-5-111). Refer to code for limitations. - fer to code for details of statutory provisions. ALL LEVY SCHEDULES MUST BE SIGNED Resolution No. 60 By City Council Determining the rate of tax levy and levying taxes upon all real and personal property within SLC, UT, made taxable by law , for the year 1980. ApPF.C;V1.0