098 of 1988 - Approval of Tax Levy and Final Budget of Fiscal Year 1988 to 1989 R 88-1
B 88-4
B 88-5
0 88-21
RESOLUTION NO. 98 1988
A RESOLUTION APPROVING THE TAX LEVY
AND FINAL BUDGET (ADOPTED ON JUNE 13, 1988)
FOLLOWING COMPLETION OF THE HEARING
REQUIRED BY CHAPTER 2, TITLE 59,
UTAH CODE ANNOTATED ( 1953 AS AMENDED) .
WHEREAS, on June 13, 1988, the Salt Lake City Council
(the "City Council" ) adopted a final budget for fiscal year
beginning July 1, 1988 and ending June 30, 1989, subject to
the notice and hearing required by Chapter 2, Title 59, Utah
Code Annotated; and
WHEREAS, on June 13, 1988, the City Council determined
as the rate of tax levy for the fiscal year 1988-1989
.005255 per cent on each dollar of taxable valuation of real
and personal property within Salt Lake City, Utah taxable by
law, apportioned as follows:
(a) .004383 per cent credited as revenue in the
general fund;
(b) .00872 per cent credited as revenue in the special
library fund; and
WHEREAS, Section 59-2-919 of the Utah Code Annotated
provides that no tax rate in excess of the certified tax
rate may be levied until a resolution has been approved by
the City Council in accordance with the notice and hearing
requirements of said section; and
WHEREAS, Section 59-2-923 of the Utah Code Annotated
states that " . . . the taxing district which intends to
exceed its certified tax levy may not adopt its final budget
until the public hearing specified in Section 59-2-919 of
the Utah Code Annotated has been held"; and
WHEREAS, due to an increase in the library budget, the
proposed tax levy exceeds the certified tax rate by .000080
per cent; and
WHEREAS, pursuant to Chapter 2, Title 59 Utah Code
Annotated, the Salt Lake County Auditor was notified of the
City' s intent to exceed the certified tax rate and the
amount by which it proposed to exceed said rate; and
WHEREAS, the City Council, on June 13, 1988, set a
public hearing pursuant to Chapter 2, Title 59, Utah Code
Annotated for August 4, 1988 at 5:00 p.m. in the City
Council Chambers, Suite 300, 324 South State Street, Salt
Lake City, Utah for the purpose of hearing comments
regarding the proposed increase and to explain the reasons
for the proposed increase; and
WHEREAS, pursuant to Section 59-2-919 of the Utah Code
Annotated, the City advertised its intent to exceed the
certified tax rate and invited all citizens to attend a
public hearing on the tax increase to be held on August 4,
1988. Said advertisement was published in a newspaper of
general circulation in Salt Lake County, Utah once each week
for two weeks preceding the meeting set for August 4, 1988;
and
WHEREAS, on August 4, 1988, pursuant to proper notice,
the City Council heard comments regarding the proposed
increase and presented their reasons for the increase.
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NOW, THEREFORE, be it resolved by the City Council of
Salt Lake City, Utah as follows:
1. The notice and hearing required by Section 59-2-919
of the Utah Code Annotated, having been completed, and
comments regarding the proposed increase and the reasons
thereof having been made, the City Council hereby approves
the tax levy and the final budget adopted by it on June 13,
1988.
2. That the Mayor, acting as the budget officer is
hereby authorized and directed to certify and file copies of
the published notices for the public hearing held on August
4, 1988 and a certified copy of this Resolution with the
Salt Lake County Auditor and the Utah State Tax Commission
pursuant to Chapter 2, Title 59 of the Utah Code Annotated.
Passed by the City Council of Salt Lake City, Utah,
this 4th day of August , 1988.
SALT LAKE CITY COUNCIL
TOM GODFREY
Chairperson
ATTEST:
aeilt L k'L Lity Aitornay s Office
T R DER Date
BY
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{
Approved by the Mayor this 4th day of
August 1988.
MAYOR
ATTEST:
CITY REC eT
EIR
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