048 of 1994 - Adopting the rate of tax levy upon all real and personal property within Salt Lake City, Utah made t0 94-1
0 94-15
SALT LAKE CITY ORDINANCE
No. 48 of 1994
(Adopting the rate of tax levy upon all
real and personal property within Salt Lake City,
Utah made taxable by law for the fiscal year
commencing July 1, 1994 and ending June 30, 1995)
AN ORDINANCE ADOPTING THE RATE OF TAX LEVY UPON ALL REAL AND
PERSONAL PROPERTY WITHIN SALT LAKE CITY, UTAH MADE TAXABLE BY LAW
FOR THE FISCAL YEAR COMMENCING JULY 1, 1994 AND ENDING JUNE 30,
1995.
Be it ordained by the City Council of Salt Lake City, Utah:
SECTION 1. Chapter 2, Title 59 of the Utah Code Annotated
states that before June 22nd of each year, the governing body of
each City shall, by ordinance or resolution, adopt a proposed 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 Annotated
provides for certain notice and hearing requirements if the
proposed tax rate exceeds the certified tax rate. It is the
intent of Salt Lake City Corporation 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.
SECTION 2. For purposes of defraying the necessary and
proper expenses of the City to maintain the government thereof
and; for operating and maintaining its libraries and reading
rooms, the City Council hereby levies upon all real and personal
property within Salt Lake City, Utah made taxable by law in the
year 1994, for the fiscal year of Salt Lake City Corporation
ending June 30, 1995, as revenue in the general fund and as
revenue in the library fund, a tax of.'5388 percent on each
dollar of taxable valuation of said property apportioned as
follows:
a. .4454 percent shall be credited as revenue in the
general fund;
b. .0934 percent shall be credited as revenue in the
special library fund.
Said tax levies shall be subject to Mayor approval and City
Council reconsideration pursuant to Section 10-3-1214 of the Utah
Code Annotated.
SECTION 3. The proposed tax levies do not exceed the
certified tax rates and, therefore, the City is not required to
publish notice or hold a public hearing pursuant to Chapter 2,
Title 59, of the Utah Code Annotated.
SECTION 4. The tax levies hereinabove determined and levied
shall be certified by the City Recorder to the Auditor of Salt
Lake County, State of Utah before the 22nd day of June 1994
pursuant to the provisions of Chapter 2, Title 59, of the Utah
Code Annotated.
SECTION 5. 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.
2
1994.
SECTION 6. This Ordinance shall take effect on July 1,
Passed by the City Council of Salt Lake City, Utah,
this 14th day of June
, 1994.
Wig, ki-,,,,,6,.,
CHAIRPERSON
June 14, 1994
Transmitted to the Mayor on
Mayor's Action: XXXX Approved
ATTEST:
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Bill 48 of 1994
Published June 22, 1994
MAYOR
3
Vetoed
APPROVE) AS i 0 f 0PA
Sat Lake City Attorney's Office
Date J 9Y