1981-30 Authorizing A One Time (Single Year) Reduction To Property Taxes.) t 2 n
KODIAK ISLAND BOROUGH
RESOLUTION NO. 81 -30 -R
A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY AUTHORIZING A ONE
TIME (SINGLE YEAR) REDUCTION TO PROPERTY TAXES.
WHEREAS, the Kodiak Island Borough has received state shared monies
during the current fiscal year in excess to that which was budgeted, and
WHEREAS, it was the intent of the state legislative body that the
recipient municipal governments would pass on tax relief for its citizenry,
and
WHEREAS, such future state distributions of excess funds with a
minimum of direction as to their specific use depends upon this action by
the various state municipal agencies.
NOW, THEREFORE, BE IT RESOLVED that the Borough Assembly of the
Kodiak Island Borough does hereby resolve that the current year tax bills
will indicated the millage as passed and will reflect a line entitled "State
Aid Tax Credit" for an amount of 1.5 mills on the next tax bill.
For example, a $100,000 property with a 7_ mill levy:
7 mills x $100,000 = _ $700.00
State Aid Tax Credit = (150.00)
Total Taxes Due $550.00
BE IT FURTHER RESOLVED that all resolutions or parts thereof that
may be found to be in conflict with this resolution are hereby rescinded.
PASSED AND APPROVED this 4th day of June , 1981.
KODIAK ISLAND BOROUGH
By 1 — - 7f C- ,
Borough Mayo