FY2007-16 Personal Property Minimum BillingKODIAK ISLAND BOROUGH
ORDINANCE NO. FY2007 -16
Introduced by: ManagerGifford
Requested by: Finance Department
Drafted by: Finance Department
Introduced: May 17, 2007
Public Hearing: June 7, 2007
Adopted: June 7, 2007
AN ORDINANCE OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
AMENDING TITLE 3 REVENUE AND FINANCE, CHAPTER 3.24
PERSONAL PROPERTY TAX TO ADD SECTION
3.24.090 PERSONAL PROPERTY MINIMUM BILLING
WHEREAS, KIBC 3.24 addresses Personal Property Tax; and
WHEREAS, the Borough Manager and Finance Director feel it is prudent that the tax on
personal property accounts (not including boats) with a low assessed value not be billed.
This threshold amount should be included in the annual Borough budget adoption
process; and
WHEREAS, the Borough Attorney has advised management that this process requires
a change to borough code; and
NOW, THEREFORE, BE IT ORDAINED BY THE ASSEMBLY OF THE KODIAK
ISLAND BOROUGH THAT:
Section 1: This ordinance is of a general and permanent nature and shall become a
part of the Kodiak Island Borough Code of Ordinances;
Section 2: Title 3 Revenue and Finance Chapter 3.24 Personal Property Tax is
hereby amended by adding Section 3.24.090 Personal Property Minimum Billing as
follows:
Chapter 3.24
PERSONAL PROPERTY TAX
Sections:
3.24.010 Assessment return.
3.24.015 Tax situs of personal property.
3.24.020 Liability for and collection of.
3.24.030 Penalties.
3.24.050 Classification of boats and vessels.
3.24.060 Business inventories exempt.
3.24.070 Household furniture and effects exempt.
3.24.080 Commercial fishing gear exempt.
3.24.090 Personal property minimum billing.
Kodiak Island Borough, Alaska Ordinance No. FY2007 -16
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3.24.090 Personal Property Minimum Billing. Pursuant to AS 29.45.050(d2), only
personal property accounts (not including boats) with a value greater than the amount
listed on the annual budget ordinance will be billed.
ATTEST:
Nova
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS SEVENTH DAY OF JUNE 2007
KODIAK ISLAND BOROUGH
e ,
me M. Selby, Borough Ma or
. Javier, CMG, Borough Clerk
Kodiak Island Borough, Alaska` Ordinance No. FY2007 -16
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