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HomeMy WebLinkAbout~Master - Approving FY 2020/21 Maximum Property Tax Dollars RESOLUTION NO. 20-096 RESOLUTION APPROVING FY 2020/21 MAXIMUM PROPERTY TAX DOLLARS FOR THE CITY OF AMES,IOWA WHEREAS,the City Council of the City of Ames has considered the proposed FY 2020/21 City maximum property tax dollars for the affected levy total; and, WHEREAS, a notice concerning the proposed City Maximum Property Tax dollars was published as required and posted on City web site and/or social media accounts if applicable; and, WHEREAS,a public hearing concerning the proposed City Maximum Property Tax dollars was held on February 25, 2020; and, WHEREAS, the total maximum levy for affected property tax levies is $6.99654; and, WHEREAS, the maximum property tax dollars requested in the total maximum levy for affected property tax levies for FY 2020/21 represents an increase of greater than 102% from the maximum property tax dollars requested for FY 2019/20. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the maximum property tax dollars for the affected tax levies for FY 2020/21 shall not exceed the total of$21,775,218 is hereby approved. ADOPTED THIS 25`h day of February, 2020. Diane R. Voss, City Clerk John A. Haila, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 25`' day of February, 2020.