062 of 1993 - Adoption of the rate of tax levy - fiscal year 1993 - 19940 93-1
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SALT LAKE CITY ORDINANCE
No. 62 of 1993
(Amending Salt Lake City Ordinance No. 49 of 1993
which adopted 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, 1993 and ending June 30, 1994)
AN ORDINANCE AMENDING SALT LAKE CITY ORDINANCE NO. 49 OF
1993 WHICH ADOPTED 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, 1993 AND ENDING JUNE 30,
1994.
Preamble
On June 8, 1993, the City Council enacted Salt Lake City
Ordinance No. 49 of 1993 which adopted 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, 1993 and
ending June 30, 1994. The certified tax rates provided to the
City by the Utah State Tax Commission were .004690 for the
General Fund and .000983 for Library Fund. The City Council
adopted tax levies equal to the certified tax rates.
On July 1, 1993, the Utah State Tax Commission notified the
City that the certified tax rates for fiscal year 1993-1994 were
computed on a collection rate which was lower than what it should
have been. Consequently, the certified tax rates should have
been lower. On July 21, 1993, the Commission notified the City
that for purposes of the requirements of Truth in Taxation
hearings under Chapter 2, Title 59, of the Utah Code Annotated,
the recalculated certified tax rates would apply. The City wants
to adjust the tax levies based on the recalculated certified
rates.
Be it ordained by the City Council of Salt Lake City, Utah:
Salt Lake City Ordinance No. 49 of 1993 is hereby amended
and shall read as follows:
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
proposed
complied
reserved
for certain notice and hearing requirements if the
tax rate exceeds the certified tax rate. The City
with Chapter 2, Title 59 of the Utah Code Annotated and
in itself the
guarantee, after final
that it did not exceed
power to amend the tax rates set herein to
appraisal figures have been determined,
the amount required for its governmental
operations and taxing authority granted by the Legislature.
Based on recalculations by the Utah State Tax Commission, the
City exercises its power to amend the tax rate.
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
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year 1993, for the fiscal year of the City ending June 30, 1994,
as revenue in the general fund and as revenue in the library
fund, a tax of .5389 percent on each dollar of taxable valuation
of said property apportioned as follows:
a. .4455 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, as recalculated by the Tax Commission, 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.
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.
SECTION 6. This Ordinance shall take effect upon its first
publication.
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Chief D
Chief D
Passed by the City Council of Salt Lake City, Utah,
this 3 day of August
ATTEST:
Transmitted to the Mayor on
Mayor's Action:
ATTEST:
, 1993.
August 3, 1993
XX Approved
Bill 62 Of 1993
Published: August 11, 1993
MAYOR
4
Vetoed
APPROVED AS TO FORM
Salt Lake City Attomey's Office
Date
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