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HomeMy WebLinkAbout2020-143-3/2/2020 Prepared by LeAnn M. Even, Deputy City Clerk. City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, 319-291-4323. RESOLUTION NO. 2020-143 RESOLUTION AUTHORIZING FYE 2021 BUDGET MAXIMUM PROPERTY TAX LEVY. WHEREAS, the City Council of the City of Waterloo, Iowa has considered the proposed FY 2021 city maximum property tax dollars for the affected levy total, and WHEREAS, a notice concerning the proposed city maximum property tax dollars was published in the Waterloo Courier February 20, 2020, and posted on the city web site and social media account, as required by law, and WHEREAS, a public hearing concerning the proposed city maximum property tax dollars was held on March 2, 2020. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the maximum property tax dollars for the affected tax levies for FY 2021 shall not exceed the following total: Total maximum levy for affected property tax levies - $36,365,972.00 The Maximum Property Tax dollars requested in the total maximum levy for affected property tax levies for FY 2021 represents greater than 102% (108%) of the Maximum Property Tax dollars requested for the year ending June 30,2020. The roll was called and the vote was, AYES: Grieder, Juon, Boesen, Amos, Morrissey and Feuss NAYS: Klein PASSED AND ADOPTED this 2°d day of March 2020. Quentin Hart, Mayor __ ATTEST: Kelley Felchle City Clerk