HomeMy WebLinkAboutResolution No. 2013-28►A
Suggested by: Administration
CITY OF KENAI
RESOLUTION NO. 2013 -28
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,
2013 AND ENDING JUNE 30, 2014.
WHEREAS, the Code of the City of Kenai requires that the rate of levy of property tax
be set annually not later than the 10th day of June; and,
WHEREAS, the Council has adopted the "City of Kenai 2014 Annual Budget," which
estimates property tax revenue based upon a tax rate of 3.85 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,
2013 and ending June 30, 2014 be fixed at 3.85 mills.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 15th day of May,
2013.
PAT PORTER, MAYOR
_ "Villaye with a Past, C# with a Future"
FINANCE DEPARTMENT
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
\the ciy0 Telephone: 907 - 283 -7535 ext 221 / FAX: 907 - 283 -3014
u
To: Rick Koch, City Manager
- / From: Terry Eubank, Finance Director
Date: May 9, 2013
Re: Resolution 2013 -28
Resolution 2013 -28 will establish the rate of levy of property tax for 2013. The proposed rate of
levy is 3.85 and will result in $385 in taxes being paid for each $100,000 of assessed property
value. The rate is unchanged from tax year 2012 and will generate the necessary property taxes
to support the adopted FYI budget.
What wNl your property tax $'s pay for in FY2014?
Home Assessed Value
Parks, Rtorlttlon4 Beautification f
City of Kenai Property Tax
Library
831.585
KPBPrepnty T.,,
185,303
City Dock
Total Tax Lhbllity
Total Park., Recrmtion 4 Cvltaral 5
2.175.573
How is your City of Kenai Property
Tues
Spent?
Dtpartmene
General Government
City Cauncit
f
15,253
City Admidnration
2,642,880
Lands AdmiMAndon
IU06
Planting and 2oaltg
267,504
City Clerk
253.484
Total General Government
f
3,357,937
P.M Safety
Pellet
f
3,011,232
Firc
2,978,068
Communicatlenn
81(012
Animal Contrd
361,578
Total Public 341tty
f
7.161.880
Pabllc Works
Public Work Admialstntion
t
176.573
Strtus
1,006,141
Maiattnanct Shop
68T.450
Buildings
384,188
Stria Lighting
141.308
Tom] Public Works
f
2,402,263
Park.. Recreation 4 Cultural
Parks, Rtorlttlon4 Beautification f
1.059703
Library
831.585
Vcitor Canter
185,303
City Dock
98.962
Total Park., Recrmtion 4 Cvltaral 5
2.175.573
Otbt Service t 144,334
Tote l City of Kena i 5 15,261,397
S aso,aoo.o6
(3.85 MBa) f 962.50
(5.0 Mill) t 1.250.00
S 2,212.50
5 9E25C