HomeMy WebLinkAbout~Master - Approving FY2023/24 Maximum Property Tax Dollars RESOLUTION NO. 23-213
RESOLUTION APPROVING FY 2023/24 MAXIMUM PROPERTY TAX
DOLLARS FOR THE CITY OF AMES,IOWA
WHEREAS, the City Council of the City of Ames has considered the proposed FY
2023/24 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 April 11, 2023;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 2023/24 shall not
exceed the total of$23,666,001.
ADOPTED THIS 1 1th day of April, 2023.
Renee hall, City Clerk John A. Haila, Mayor
Introduced by: Corrieri
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 I Ith day of April, 2023.