HomeMy WebLinkAboutCC RESO 2005 - 185RESOLUTION NO. 2005 —185
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
ESTABLISHING THE PROPERTY TAX
RATE FOR BONDED INDEBTEDNESS FOR
FISCAL YEAR 2005/06
WHEREAS, the total net taxable secured assessed valuation of the City is now
estimated at $2,191,693,000 full value; and
WHEREAS, the amount of revenue to be raised from the tax base for fiscal year
2005/06 is $397,408, according to the voter approved bonded indebtedness, thereby
establishing the rate of property tax required.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
National City that the property tax rate for the City of National City for the fiscal year ending
June 30, 2006, be and hereby is established at .01770 per $100 assessed value.
2002 GENERAL OBLIGATION BONDS:
$0.01770 PER $100 ASSESSED VALUE
PASSED AND ADOPTED. this 23rd day of August, 2105.
Ni nzu za, Mayor
ATTEST:
Mic ael R. DaII , City Clerk
APPROVED AS TO FORM:
George H. Eiser, III
City Attorney