064 of 1999 - Adopting the rate of tax levy upon all real and personal property within Salt Lake City, made taxabl0 99-1
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SALT LAKE CITY ORDINANCE
No. 64 of 1999
(Adopting the rate of tax levy upon all
real and personal property within Salt Lake City,
made taxable by law for the fiscal year
commencing July 1, 1999 and ending June 30, 2000)
AN ORDINANCE ADOPTING THE RATE OF TAX LEVY UPON ALL
REAL AND PERSONAL PROPERTY WITHIN SALT LAKE CITY MADE
TAXABLE BY LAW FOR THE FISCAL YEAR COMMENCING JULY 1, 1999
AND ENDING JUNE 30, 2000.
Be it ordained by the City Council of Salt Lake City:
PREAMBLE
Chapter 2, Title 59 of the Utah Code Ann. states that before June 22nd of
each year, 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 Ann. 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 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 Ann.
SECTION 1. PURPOSE. The purpose of this ordinance is to adopt a tax
levy upon all real and personal property within Salt Lake City made taxable by
law in the year 1999 to defray the necessary and proper expenses of Salt Lake
City to maintain the government thereof and for operating and maintaining its
libraries and reading rooms and to pay for costs of State legislative mandates or
judicial or administrative orders under Chapter 2, Title 59 of the Utah Code Ann.
As of the date of the adoption of the ordinance, the City has not received the
Utah State Tax Commission's certified tax rates.
SECTION 2. TAX LEVY. The City Council hereby levies upon all taxable
real and personal property within Salt Lake City, for the 1999-2000 fiscal year,
certified tax rates allocated as follows:
(a) For the Salt Lake City general fund — the Utah State Tax
Commission certified tax rate;
(b) For the Salt Lake City library fund — the rate that, in combination
with all other listed revenue sources, is necessary to fund the adopted tenative
budget for such library fund; and
(c) For the repayment of the Block 37 General Obligation Bonds for
the construction of a new City Library building and other improvements — the rate
that is necessary to pay the debt service on such bonds during fiscal year 1999-
2000.
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At such time as the City receives the appropriate State Tax Commission
certified tax rates, it is the intent of the City Council to amend this ordinance to
specifically state such certified tax rates.
The City Council hereby further levies a tax to cover the costs of State
legislative mandates or judicial or administrative orders under Chapter 2, Title 59
of the Utah Code Ann. as determined by the Utah State Tax Commission and
the Salt Lake County Auditor's Office.
Said tax levies in this Section 2 shall be subject to Mayor approval and
City Council reconsideration pursuant to § 10-3-1214 of the Utah Code Ann.
SECTION 3. CERTIFIED TAX RATE. The proposed tax levies for the
library exceed the certified tax rates and, therefore, the City is required to and
will publish notice and hold a public hearing pursuant to Chapter 2, Title 59, of
the Utah Code Ann. Although not legally required, it will also hold a hearing to
consider the expenditure of increased property tax revenues from the "flyover"
tax.
SECTION 4. CERTIFIED TO AUDITOR. 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 1999 pursuant to
the provisions of Chapter 2, Title 59 of the Utah Code Ann.
SECTION 5. RESERVE 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.
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SECTION 6. EFFECTIVE DATE. This Ordinance shall take effect on July
1, 1999.
Passed by the City Council of Salt Lake City, Utah, this 17th day of
June , 1999.
ATTEST:
HIEF DEPUT C T RECORDER
Transmitted to the Mayor on
CHAIR'' ERSON
June 17, 1999
Mayor's Action: V Approved. Vetoed.
ATTEST:
1 Bill No. 64
Published:
of 1999.
July 1, 1999.
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