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HomeMy WebLinkAbout~Master - Approving FY2022/23 Maximum Property Tax Dollars RESOLUTION NO. 22-093 RESOLUTION APPROVING FY 2022/23 MAXIMUM PROPERTY TAX DOLLARS FOR THE CITY OF AMES,IOWA WHEREAS,the City Council of the City of Ames has considered the proposed FY 2022/23 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 22, 2022; and, WHEREAS, as a growing City, Ames routinely adopts a budget that includes a levy of property taxes that exceeds 102%of the prior year,and Ames has also followed a policy of complete and full disclosure for the Proposed and Adopted Budget, including the levy of property taxes and the impact of the various classes of property; and, WHEREAS,because of this, compliance with the Iowa Code changes fits within the City's established budget process, but requires an additional hearing and posting of property tax levy information in the formation established by the State of Iowa. 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 2022/23 shall not exceed the total of$22,965,898. ADOPTED THIS 22nd day of February, 2022. Diane R. Voss, City Clerk John A. Haila, Mayor Introduced by: Gartin Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 22nd day of February, 2022.