Park Ridge · Ordinance
Property tax levy adopted on December 17, 2018
AI-assisted researchHow this was researched and checkedAt its meeting on December 17, 2018, the City Council approved the property tax levy for the City and the Library as part of its consent agenda, whose motion carried 6–0. The staff scorecard for that final reading puts the levy at $16,481,003 and lists the Library Board's resolution as a reduction of $1,957,524. The next year's scorecard restates this levy at $16,498,859, listing its net debt service at $257,754 rather than $240,202.
Documented status: Approved (recorded), Dec 17 2018. Evidence dated . Later outcomes require a later source.
What changed, and when did it take effect?
· Approved · Recorded in minutes
City Council adopts the levy at final reading
Meeting date: Dec 17 2018. Item VII: the motion carried (6 to 0, 1 absent).
p. 8 · Approved minutes of City Council minutes, 2018-12-17, City Council, Dec 17 2018. Open the quote and source.
p. 4 · Approved minutes of City Council minutes, 2018-12-17, City Council, Dec 17 2018. Open the quote and source.
What was requested, recommended, approved, contracted, reported paid and completed?
Amounts are read from the cited pages and added up by code. A recommendation, an award or an authorized amount does not establish that money was paid.
Budget
$1,957,524 per year
The levy
p. 2 · Staff memo of Approve the 2018 property tax abatement for $1,950,141 for the payment of General Obligation Bonds, Series 2016, City Council, Dec 17 2018. Open the quote and source.
Recurring revenue
$16,481,003 per year
The levy
p. 2 · Staff memo of Approve the 2018 property tax abatement for $1,950,141 for the payment of General Obligation Bonds, Series 2016, City Council, Dec 17 2018. Open the quote and source.
Recurring revenue
$16,498,859 per year
The levy
p. 3 · Staff memo of Approve the final reading of an Ordinance for the 2019 property tax abatement for $2,036,600 for the payment of General Obligation Bonds, Series 2016, City Council, Dec 16 2019. Open the quote and source.
Recurring revenue
$257,754 per year
The levy
p. 3 · Staff memo of Approve the final reading of an Ordinance for the 2019 property tax abatement for $2,036,600 for the payment of General Obligation Bonds, Series 2016, City Council, Dec 16 2019. Open the quote and source.
Recurring revenue
$240,202 per year
The levy
p. 2 · Staff memo of Approve the 2018 property tax abatement for $1,950,141 for the payment of General Obligation Bonds, Series 2016, City Council, Dec 17 2018. Open the quote and source.
Contracts, payments and completion
No contract, payment or completion record is published for this item. Approval alone does not establish completion.
Which parcels, agencies, businesses and projects are explicitly connected?
Official identifiers and exhibit listings connect records. A name, an address or distance alone only suggests a connection.
No explicit connection is published for this item.
What remains unresolved?
No condition or deadline is published for this item. That is a limit of the published research, not evidence that none exist.
Open questions
No open question is recorded for this item.
What does the evidence suggest, and what would change it?
No conflicting records are published for this item.
Official source records
- City Council minutes, 2018-12-17
City Council, Dec 17 2018
- Approve the 2018 property tax abatement for $1,950,141 for the payment of General Obligation Bonds, Series 2016
City Council, Dec 17 2018
- Approve the final reading of an Ordinance for the 2019 property tax abatement for $2,036,600 for the payment of General Obligation Bonds, Series 2016
City Council, Dec 16 2019
Editions and corrections
Each published change is a new edition. Corrections say what changed and why.
Edition 2(current)
Edition 2: 6 revised.
Edition 1Read this edition
First edition.