KC Skyline

City Clerk Web Search

Search the Ordinances:

Legislation #: 041085 Introduction Date: 9/30/2004
Type: Ordinance Effective Date: none
Sponsor: None
Title: Amending Ordinance No. 040256 by repealing Section 1 and enacting in its place a new Section 1, increasing the taxes levied for the general fund, health fund, and museum fund.

Legislation History
DateMinutesDescription
9/30/2004

Prepare to Introduce

9/30/2004

Referred Budget and Audit Committee

10/12/2004 Advance and Do Pass, Debate
10/14/2004

Passed


View Attachments
FileTypeSizeDescription
041085.pdf Authenticated 87K 041085

Printer Friendly Version

ORDINANCE NO. 041085

 

Amending Ordinance No. 040256 by repealing Section 1 and enacting in its place a new Section 1, increasing the taxes levied for the general fund, health fund, and museum fund.

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That Ordinance No. 040256 is hereby amended by repealing Section 1 and enacting a new Section 1 in its place to read as follows:

 

Section 1. That taxes for the Fiscal Year 2004-2005, commencing on the first day of May, 2004, in the total amount of one dollar thirty-one and ninety-six hundredth cents ($1.3196) per hundred dollars, be and the same are hereby levied on all property within the jurisdiction of Kansas City, Missouri, subject to taxation on January 1, 2004, under the Constitution and laws of the State of Missouri, both real and tangible personal, subject to the provisions contained in Section 2 hereof, as follows, to-wit:

 

FIRST: A general tax of sixty-seven and thirteen hundredth cents ($.6713) on each hundred dollars of the assessed valuation of all such taxable property is levied and imposed for municipal operating purposes, to be credited to the General Fund.

 

SECOND: A general tax of forty-eight and eighty-seven hundredth cents ($.4887) on each hundred dollars of assessed valuation of all such taxable property is levied and imposed for municipal operating expenses for hospitals and public health purposes, to be credited to the Health Levy Fund.

 

THIRD: The Council, pursuant to authority granted under Section 92.031, RSMo, in the alternative, elects to and does hereby levy and impose a tax for debt service of fourteen and zero hundredth cents ($.1400) on each hundred dollars of assessed valuation of all such taxable property, which tax is necessary for the maintenance of the General Debt and Interest Fund for the redemption of the outstanding general obligation bonds of Kansas City maturing in the Fiscal Year 2004-2005 and for the payment of all interest becoming due and payable in the Fiscal Year 2004-2005, on the entire outstanding general obligation bond indebtedness of Kansas City, except indebtedness upon which the principal and interest are payable or budgeted for payment from the General Fund, Water Operating Fund, Sewer Fund, Sewer Special Assessment Fund, and the Street and Avenue Special Assessment Fund.

 

FOURTH: A general tax of one and ninety-six hundredth cents ($.0196) on each hundred dollars of the assessed valuation of all such taxable property for municipal museum purposes, to be credited to the Museum Special Revenue Fund.

 

__________________________________________________________

 

I hereby certify that the levy specified in the THIRD paragraph of Section 1 of the foregoing ordinance is necessary for the maintenance of the General Debt and Interest Fund for the payment of principal and interest on the outstanding general obligation bond indebtedness of Kansas City, as stated therein.

 

___________________________________

Wanda Gunter

Acting Director of Finance

 

Approved as to form and legality:

 

 

 

___________________________________

Heather A. Brown

Assistant City Attorney