1983-60 Authorizing A One-Time (Single-Year) Reduction To Property Taxes.0 7 n 1
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KODIAK ISLAND BOROUGH
RESOLUTION NO. 83 -60 -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 previous 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
indicate the millage as passed and will reflect a line entitled "State Aid Tax
Credit" for an amount of 2 mills on the next tax bill.
For example, a $100,000 property with a 5.75 mill levy:
5.75 mills x $100,000 = $ 575.00
2 mills of State Aid Tax Credit = (200.00)
Total Taxes Due $ 375.00
BE IT FURTHER RESOLVED that all resolutions, or parts thereof, that
may be found to be in conflict with this resoluti m are hereby expressly
rescinded.
ATTEST:
PASSED AND APPROVED this 2nd day of
By , QOir? C`/'€
Rnrrninh Cle,__
KODIAK ISLAND BOROUGH
By
June , 1983.
rough Mayor, Deputy