034 of 1988 - Determining the Rate of Tax Levy Upon Real & Personal Property 0 88-1
0 88-21
SALT LAKE CITY ORDINANCE
No. 34 of 1988
(Determining the rate of tax levy and
levying taxes upon all real and personal
property within Salt Lake City, Utah made
taxable by law for the fiscal year commencing
July 1, 1988 and ending June 30, 1989.
AN ORDINANCE DETERMINING THE RATE OF TAX LEVY AND
LEVYING TAXES UPON ALL REAL AND PERSONAL PROPERTY WITHIN
SALT LAKE CITY, UTAH MADE TAXABLE BY LAW FOR THE FISCAL YEAR
COMMENCING JULY 1, 1988 AND ENDING JUNE 30, 1989.
Be it ordained by the City Council of Salt Lake City,
Utah:
SECTION 1 . Chapter 2, Title 59 Utah Code Annotated
( 1953 as amended) , states that before June 22nd of each year
the governing body of each City, shall, by ordinance or
resolution, set the real and personal property tax levy for
various municipal purposes. Chapter 2, Title 59, Utah Code
Annotated ( 1953 as amended) 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 (hereinafter the "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.
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 1988, for the fiscal year of Salt
Lake City ending June 30, 1989, a tax of ,005242 percent on
each dollar of taxable evaluation of said property,
apportioned as follows:
(a) .004370 percent shall be credited as revenue
in the general fund;
(b) .000872 percent shall be credited as revenue
in the special library fund.
Said tax levy shall be subject to Mayor approval and
City Council reconsideration pursuant to Section 1214,
Chapter 3, Title 10, Utah Code Annotated ( 1953 as amended) .
SECTION 3. The proposed tax levy exceeds the certified
tax by.000067 percentage points. Pursuant to Chapter 2,
Title 59, Utah Code Annotated (1953 as amended) , the City
shall notify the Auditor of Salt Lake County, Utah of (a)
its intent to exceed the rate, and (b) the amount by which
it proposes to exceed the rate.
SECTION 4. Pursuant to Chapter 2, Title 59, Utah Code
Annotated (1953 as amended) , the City Council shall hold a
public hearing on August 4, 1988 at 5:00 o'clock p.m. in the
City Council Chambers, City Hall, 324 South State, Salt Lake
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City, Utah, for the purpose of hearing comments regarding
any proposed increase and to explain the reasons for the
proposed increase.
SECTION 5. Pursuant to Chapter 2, Title 59, Utah Code
Annotated (1953 as amended) , the City shall advertise its
intent to exceed the certified tax rate in a newspaper of
general circulation in Salt Lake County, Utah. The
advertisement shall be run once each week for the two weeks
preceding the public hearing on August 4, 1988. The
advertisement shall state that the City Council will meet on
August 4, 1988 at 5:00 o'clock p.m. in the City Council
Chambers, City Hall, 324 South State Street, Salt Lake City,
Utah for the purpose of hearing comments regarding any
proposed increase and to explain the reasons for the
proposed increase.
SECTION 6. The tax levy 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 1988, pursuant to the provisions of Chapter 2,
Title 59, Utah Code Annotated (1953 as amended) .
SECTION 7. 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 8. This Ordinance shall take effect on July 1,
1988.
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Passed by the City Council of Salt Lake City, Utah,
this 9th day of June , 1988.
SALT LAKE CITY COUNCIL
By m
TOM GODFREY
Chairperson
ATTEST: APPROVED A.3 TO Fpi?"A
Salt Lake City Attorr-ey's "-a
Transmitted to the Mayor on the 9th day of
June , 1988.
Mayor's action:
DATED this 9th day of June 1988.
PALMER DePAULIS
Mayor
ATTEST:
C01IRr4CiR
FMN:cc
(SEAL)
BILL 34 of 1988
Published: July 1, 1988
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