T11-84 Ordinance No. TI 1-84
AN ORDINANCE
REDUCING THE 1984 TAX LEVY ORDINANCE
WHEREAS, on September 10, 1984 the City Council of the City of Elgin passed an
Ordinance No. T3-84 entitled "Ordinance for the Levy and Assessment of Taxes for the
Fiscal Year Beginning January 1, 1984 and Ending December 31 , 1984 of the City of
Elgin, Kane and Cook Counties, Illinois" (Tax Levy Ordinance); and
WHEREAS, said tax levy ordinance levied upon all taxable property within the
corporate limits of the City of Elgin, subject to taxation for the year 1984, the total sum
of $6,976,045 for all purposes of the City of Elgin; and
WHEREAS, said tax levy ordinance included a levy of $4,710,662 for general
corporate purposes; and
WHEREAS, said levy for general corporate purposes includes $4,663,555 as the
amount to be raised by taxation for general corporate purposes plus an additional $47,107
to cover loss of collection; and
WHEREAS, a portion of the levy of the tax for general corporate purposes as
provided in said tax levy ordinance is unnecessary; and
WHEREAS, the amount necessary to be raised by taxation for general corporate
purposes is $4,623,165 plus an additional $46,699 to cover loss of collection.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ELGIN, ILLINOIS;
Section I . That the County Clerks of Kane and Cook Counties, are hereby
authorized and directed to abate a portion of the tax of $4,710,662 for general corporate
purposes for the year 1984 as provided and levied in the tax levy ordinance T3-84
providing for the general levy upon all taxable property within the corporate limits of the
City of Elgin, subject to taxation for the year 1984, passed September 10, 1984, a copy of
which was filed with each of said county clerks; said tax shall be abated by reducing said
sum $40,798 and extending a tax for general corporate purposes for the year 1984 in the
amount of $4,669,864 against all property within the corporate limits of the City of
Elgin, Kane and Cook Counties, and subject to taxation for the year 1984.
Section 2. That section I of the tax levy ordinance T3-84 passed September 10,
1984 is hereby amended to read as follows:
"That there be and there is hereby levied upon all taxable property within the
corporate limits of the City, subject to taxation for the year 1984, the total
sum of $6,935,247 for all purposes of the City of Elgin, mentioned in said
budget as appropriated for the current fiscal year and in the specific amounts
levied for the various purposes heretofore named being included herein by
being placed in a separate column under the heading "To Be Raised By
Taxation" which appears over the same, the tax so levied for the current fiscal
year of said City for the certain appropriations specified herein to be collected
from said tax levy, the total of which has been ascertained as aforesaid and
being summarized as follows:"
Section 3. That the City Clerk is authorized and directed to file a certified copy of
this ordinance with the County Clerks of Kane and Cook Counties, Illinois, prior to
December 31, 1984.
Section 4. That this ordinance shall be in full force and effect from and after its
passage in the manner provided by law.
s/Richard L. Verbic
Richard L. Verbic, Mayor
Presented: December 20, 1 984
Passed: December 20, 1981+
Vote: Yeas 7 Nays 0
Recorded:
Published:
Attest:
s/ Marie Yearman
Marie Yearman, City Clerk