HomeMy WebLinkAboutRESOLUTION 2003-29Suggested by: Administration
City of Kenai
RF.~OLUTION NO. 2003-29
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA FIXING
THE RATE OF LEVY OF PROPERTY TAX FOR THE FISCAL YEAR
COMMENCING JULY 1, 2003 AND ENDING JUNE 30, 2004.
WHEREAS, the Code of the City of Kenai 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 2003-2004 Annual
Budget," which estimates property tax revenue based upon a tax rate of 5 mills.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that the rate of levy of property tax for the fiscal year
commencing July 1, 2003 and ending June 30, 2004 be fixed at 5 mills.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 4th day of
June, 2003.
ATTEST:
WILLIAMS, MAYOR
Carol L. Freas; City'Clerk
Approved by Finance:
(05 / 23 / 2003) hl