HomeMy WebLinkAboutResolution No. 2025-39A RESOLUTION FIXING THE RATE OF LEVY OF PROPERTY TAX FOR THE FISCAL YEAR
COMMENCING JULY 1, 2025 AND ENDING JUNE 30,2026.
WHEREAS, Kenai Municipal Code requires that the rate of levy of property tax be set annually not later
than the tenth day of June; and,
WHEREAS, the Council has adopted the "City of Kenai 2026 Annual Budget," which estimates property
tax revenue based upon a tax rate of 4.35 mills.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA:
Section 1. That the rate of levy of property tax for the fiscal year commencing July 1, 2025 and ending
June 30, 2026 is fixed at 4.35 mills.
Section 2. That this Resolution takes effect immediately upon passage,
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, THIS 4 TH DAY OF JUNE, 2025.
Brian Gabriel Sr., Mayor
ATTEST:
-MMC, City Clerk
TO. Mayor Brian Gabriel and Kenai City Council
THROUGH. Terry Eubank, City Manager
FROW Dave earner, Finance Director
DATE: May 21, 2025
SUBJECT: Resolution 2025-39 - Fixing the Rate of Levy of Property Tax for the Fiscal
Year Commencing July 1, 2025 and Ending June 30, 2026.
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