043 of 2001 - adopting the tax levy for fiscal years 2001-2002 and 2002-2003 0 01-1
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SALT LAKE CITY ORDINANCE
No. 43 of 2001
(Adopting the rate of tax levy upon all
real and personal property within Salt Lake City,
made taxable by law for fiscal years
2001-2002 and 2002-2003
AN ORDINANCE ADOPTING THE RATE OF TAX LEVY UPON ALL REAL
AND PERSONAL PROPERTY WITHIN SALT LAKE CITY MADE TAXABLE BY
LAW FOR FISCAL YEARS 2001-2002 AND 2002-2003.
Be it ordained by the City Council of Salt Lake City:
PREAMBLE
Chapter 2, Title 59 of the Utah Code Ann. 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 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 years
2001 and 2002 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.
SECTION 2. TAX LEVY: 2001-2002. The City Council hereby levies upon all
real and personal property within Salt Lake City made taxable by law in the year 2001, for
the fiscal year of Salt Lake City ending June 30, 2002, as revenue in the general fund and
as revenue in the library fund, a tax on each dollar of taxable valuation of said property as
follows:
A. If Salt Lake County effectuates the tax shift for detective investigative
services over two years, reallocating approximately $4.4 million of that
amount during 2001, as reflected in the figures previously provided by Salt
Lake County, the City hereby levies a tax of.004948 percent, apportioned as
follows:
(1) .003624 percent shall be credited as revenue in the general fund;
(2) .000773 percent shall be credited as revenue in the library fund;
and
(3) .000551 percent shall be credited toward repayment of the Block
37 General Obligation Bonds for the construction of a new City
library building and other improvements.
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B. If Salt Lake County effectuates the tax shift for detective investigative
services all in one year, the City hereby levies a tax of.005071 percent,
apportioned as follows:
(1) .003 747 percent shall be credited as revenue in the general fund;
(2) .000551 percent shall be credited as revenue in the library fund;
and
(3) .000773 percent shall be credited toward repayment of the Block
37 General Obligation Bonds for the construction of a new City
library building and other improvements.
C. In the event that Salt Lake County effectuates the tax shift for detective
investigative services in some amount other than as described above, the
City hereby levies a tax in an amount sufficient to capture the total available
revenue from the reallocation of funding for paramedic services and
detective investigative services.
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.
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In the event that the tax levy adopted by this Ordinance produces revenues in
excess of those projected in the City's 2001-2002 budget, those revenues shall be and
hereby are appropriated to the City's general fund.
SECTION 3. TAX LEVY: 2002-2003. The City Council hereby levies upon all
real and personal property within Salt Lake City made taxable by law in the year 2002, for
the fiscal year of Salt Lake City ending June 30, 2003, as revenue in the General Fund
and as revenue in the Library Fund, a tax in the amount of the certified tax rate for the
year 2002, as certified by the Salt Lake County Auditor.
SECTION 4. CERTIFIED TAX RATE. 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 Ann.
SECTION 5. 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 2001 pursuant to the provisions of
Chapter 2, Title 59 of the Utah Code Ann.
SECTION 6. 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.
SECTION 7. EFFECTIVE DATE. This Ordinance shall take effect on July 1,
2001.
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Passed by the City Council of Salt Lake City, Utah,this 14th day of
June , 2001.
CHAIRPER, ON krJ
ATTEST:
IEF D PU Y CITY CORDS
Transmitted to the Mayor on June 18, 2001 .
Mayor's Action: Approved. Vetoed.
MAYOR
ATTEST:
QIEuiti4.0;#4.0
F DEPUTY CITY R CORD ).«* nok
(SEAL) c: '0ry 1 r, '�
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Bill No. 43 of 2001.
Published: July ,1, 2001
G\Ordiva0I\Budget\adopting tax levy-June 14,2001 doe
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