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08-2598
| A | | Communication to discuss the possibility of placing a resolution on the November 4, 2008 ballot relating to the City of Racine being allowed to exceed the levy limits by a total of $1,000,000 additional dollars for the sole purpose of hiring additional po | Communication | Subject: Communication to discuss if the City of Racine should place a resolution on the November 4, 2008 ballot relating to the City of Racine being allowed to exceed the levy limits by a total of $1,000,000 additional dollars for the sole purpose of hiring additional police officers. | Adopted As Amended: | |
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Res.08-1002
| A | | Resolution for Exceeding the State Imposed Levy Limit | Resolution | Resolution for Exceeding the State Imposed Levy Limit
Whereas, the State of Wisconsin has imposed limits on town, village, city and county property tax levies for 2007 and 2008 under Wis. Stat. sec. 66.0602; and
Whereas, it is anticipated that a similar levy limit will be imposed by the State of Wisconsin for 2009 and subsequent years; and
Whereas, the Common Council of the City of Racine, Racine County, believes it is in the City’s best interest to exceed the state levy limit as described above by a greater percentage than 2% for the tax levy in 2008 (collected in 2009) and for any tax levy limit imposed by the State for the tax levy in 2009 and 2010 (collected in 2010 and 2011 respectively); and
Whereas, the City of Racine’s levy before adjustments was $40,760,800 for the tax levy in 2007 (collected in 2008); and
Whereas, the state limit would limit the increase to $815,216, for a total allowable city tax levy before adjustments of $41,576,016 for 2008 (collected in 2009).
Now, therefore, the Common Council of the City of Racine, Racine County, does hereby resolv | Adopted | |
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