031 of 2011 - Adopting the rate of tax levy to be credited to the Library Fund FY 11-12 0 11-1
B 11-2
SALT LAKE CITY ORDINANCE
No. 31 of 2011
(Adopting the rate of tax levy to be credited
to the Library Fund for fiscal year 2011-2012)
An ordinance adopting the rate of tax levy to be credited to the Library Fund for
fiscal year 2011-2012.
Be it ordained by the City Council of Salt Lake City:
PREAMBLE
Chapter 2, Title 59 of the Utah Code states that the governing body of each city
shall,by ordinance or resolution, adopt a proposed tax levy or, if the tax rate is not more
than the certified tax rate, a final tax levy on the real and personal property for various
municipal purposes. Chapter 2, Title 59,of the Utah Code provides for certain notice and
hearing requirements if the proposed tax rate exceeds the certified tax rate. In that event,
the proposed tax rate does not become final unless approved by resolution of the City
Council following such notice and public hearing. It is the intent of Salt Lake City to
comply with the mandate of the Utah Legislature,but reserve in itself the power to amend
the tax rates set herein to guarantee, after final appraisal figures have been determined,
that it does not exceed the amount required for its governmental operations and taxing
authority granted by the Legislature. Further, it is the intent of the City to levy an
additional tax, if necessary, to cover costs of State legislative mandates or judicial or
administrative orders under Chapter 2, Title 59 of the Utah Code.
SECTION 1. PURPOSE. The purpose of this ordinance is to adopt a rate of tax
levy for the Library Fund, pursuant to Chapter 2, Title 59 of the Utah Code, upon all real
and personal property within Salt Lake City made taxable by law during fiscal year 2011-
2012. The amount of this levy for the Library Fund is only a portion of the City's total
property tax levy. Although this ordinance is adopted separately, the amount of this
library fund levy will be included in the ordinance adopting the City's total property tax
levy.
SECTION 2. LIBRARY FUND TAX LEVY: 2011-2012. The City Council
hereby adopts the following library fund levy, subject to Chapter 2, Title 59 of the Utah
Code, upon all real and personal property within Salt Lake City made taxable by law, for
the fiscal year of Salt Lake City beginning July 1,2011 and ending June 30, 2012, a tax of
.000824 on each dollar of taxable valuation of said property apportioned as follows:
a) .000817 shall be credited as revenue in the special library fund, generating
Si3,167,75 3 of on-going revenue; and
b) .000007 shall be credited to the judgment levy for the library fund, a one-year
adjustment generating$112,820 of one-time revenue.
Said tax levy in this Section 2 shall be subject to Mayor approval and City
Council reconsideration pursuant to § 10-3b-204 of the Utah Code.
SECTION 3. CERTIFIED TO AUDITOR. The tax levy hereinabove determined
and levied shall be certified by the City Recorder to the Auditor of Salt Lake County,
State of Utah, pursuant to the provisions of Chapter 2, Title 59 of the Utah Code.
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SECTION 4. RESERVED POWER AND RIGHT TO AMEND. The City hereby
expressly reserves the power and right to amend any property tax levy made herein as it
may deem just, proper and appropriate under the law.
SECTION 5. EFFECTIVE DATE. This Ordinance shall become effective on
July 1,2011.
Passed by the City Council of Salt Lake City, Utah, this 14th day of
June ,2011.
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ATTEST:
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Transmitted to the Mayor on June 21, 2011 .
Mayor's Action: X Approved. Vetoed.
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APPROVED AS TO FORM
rv. 1: t Salt Lake City Attorney's Office
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Bill No. 31 of 2011. ' ' i,°%.
Published: July 1, 2011 �`�'�®n
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