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2004-08 Amendment Title 3 Maximum Allowable Tax RevenuesKODIAK ISLAND BOROUGH ORDINANCE NO. 2004 -08 AN ORDINANCE OF THE KODIAK ISLAND BOROUGH ASSEMBLY AMENDING KODIAK ISLAND BOROUGH CODE OF ORDINANCE TITLE 3 REVENUE AND FINANCE CHAPTER 3.12 APPROPRIATION AND LEVY SECTION 3.12.025 MAXIMUM ALLOWABLE TAX REVS ES Introduced by: Manager Carl -.n Requested by: Finance Dir- tor Drafted by: Finance v actor Introduced: 05/ 6/2004 Public Hearing: 0 - /2012004 Failed: •5/20/2004 WHEREAS, the State of Alaska has ended their State Revenue S S ri' g and Municipal Assistance programs; and np WHEREAS, the Kodiak Island Borough's contribution to • School District has increased significantly; and WHEREAS, to balance the budget the Borough needs V1 ption of increasing the mil levy; NOW, THEREFORE, BE IT ORDAINED BY THE ASS Y OF THE KODIAK ISLAND BOROUGH THAT: Section 1: This ordinance is of a general a d : manent nature and shall become a part of the Kodiak Island Borough Code o • '. nances. Section 2: Title 3, Chapter 3.12, Sect o • 4 .12.025 is hereby repealed: Title 3 Revenue and Finan• - Chapter 3.12 Appropriation and Levy 3.12.025 Mannntinr a ll w„a hl c taX rcv , uw Tim i naxnnuii, alluvveLle I evenuea ItvieJ u u real A. The asaer ly is crrpcivvc,eJ u e aHvvvaLl0 to e-re JeRUc It auGII V,Ji aa. re.,easm y to eatebl;s IJ. LXwpt,vna. I h e a„ivu,a. an reverlUeo levmd vi nflyvaea uan Lc niu,cao.,O Tui tl is TvtWvvtny. 1. to adluat L li rflatio , 2. t., takkc n - ,L , accou ncvv LuilJ, and iond uunnii ui rtv the tax 'oil, to .,,akc „cvv pa iui 1t3 - bonds` 5. tv pay f.n cAli Sea n7 e,r cuyei ,c t3. E. TFr� -cff.,ct o, It,...) ,uititativc u Jiuiu ,,,c II uuy ■itl.n, tvul, ` .u.0 uftct effecti d ates Z DOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS DAY OF 2004 KODIAK ISLAND BOROUGH vui wa, ro yr tnc v NJ i NJ ATTES Gabrielle LeDoux, Borough Mayor Ju'ith A. Nielsen, CMC, Borough Clerk odiak Island Borough, Alaska Ordinance No. 2004 -08 Page 1 of 1