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HomeMy WebLinkAbout85-O-24 Levying Taxes for the Special Service Area No 10 of the City of Evanston County of Cook and St11 /11 /2024 85-0-24 AN ORDINANCE Levying Taxes for the Special Service Area No. 10 of the City of Evanston, County of Cook, and State of Illinois, for the Fiscal year Beginning January 1, 2025, and Ending December 31, 2025 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: That, in order to meet expenses and liabilities of the Special Service Area No. 10 of the City of Evanston, Illinois, for the fiscal year beginning January 1, 2025, there is hereby levied on all real property subject to taxation within the limits of said Special Service Area No. 10 of the City of Evanston as assessed and equalized for the year 2024, the sum of ninety-five thousand dollars ($95,000), being the total 2025 budget plus allowances for allowable collection losses (2.50%), which are to be collected from the tax levy of Special Service Area No. 10 of the City of Evanston for the year 2024. SECTION 2: That there be appropriated the sum of the sum of ninety-five thousand dollars ($95,000), for the Evanston Special Service Area 10, as outlined in the City of Evanston FY25 Proposed Budget — Tax Levy Year 2024 to be received in FY2025. Page 3 of 5 Doc ID: elde2ffda4e53aa399a6elOcdd3fe5cOd2lO9f01 Special Service Area No. 10 Fund Administration Public Way Maintenance Marketing Placemaking SUBTOTAL Collection Losses (2.50%) TOTAL TAXATION Budget Source Other Than Taxation $30,900 $0 $22, 584 $0 $13,905 $0 $25,235 $0 $92,624 $0 85-0-24 Levy Amount $30,900 $22, 854 $13,905 $25,235 $92,624 $2,376 $95,000 SECTION & Per City ordinance 161-0-19, under no circumstances shall the total annual amount levied exceed 0.2460% of the Special Service Area No. 9 equalized assessed valuation for the duration of the ten (10) year SSA period. SECTION 4: That the foregoing recitals are found as fact and made a part hereof. SECTION 5: That all ordinances or parts of ordinances in conflict herewith are repealed. SECTION 6: That this ordinance 84-0-24 shall be in full force and effect from and after its passage, approval, and publication in the manner provided by law. Introduced: Adopted: November 25, 2024 Approved: November 25, 2024 November 25, 2024 Page 4 of 5 Doc ID: elde2ffda4e53aa399a6elOcdd3WcOd2l O9f01 Attest: Stephanie Mendoza, City Clerk 85-0-24 /9av<! I&rs Daniel Biss, Mayor Approved as to form: .AitexafiAA f6. l e Alexandra Ruggie, Corporation Counsel Page 5 of 5 Doc ID: elde2ffda4e53aa399a6e10cdd3fc5cOd2109f01