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Record #: O2019-8521   
Type: Ordinance Status: Passed
Intro date: 11/13/2019 Current Controlling Legislative Body: Committee on Finance
Final action: 11/26/2019
Title: Property tax levy for Year 2020
Sponsors: Lightfoot, Lori E.
Topic: TAXES/TAX LEVIES - Levies - 2020
Attachments: 1. O2019-8521.pdf
MM.


OFFICE OF THE MAYOR
CITY OF CHICAGO
LORI E. LIGHTFOOT
MAYOR

November 13, 2019










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO

Ladies and Gentlemen:
At the request ofthe Budget Director, 1 transmit herewith the Fiscal Year 2020 Tax Levy. Your favorable consideration ofthis ordinance will be appreciated.


Very truly yours.

ORDINANCE

WHEREAS, the City of Chicago is a home rule unit of government as defined in Article VII, Section 6 (a) of the Illinois Constitution, and, as such, may exercise any power and perform any function pertaining to its government and affairs; and

WHEREAS, the City has adopted its annual appropriation ordinance for the year 2020, pursuant to its powers granted by the constitution and laws of the State of Illinois; and

WHEREAS, it is now appropriate and in the best interests of the City of Chicago to enact its tax levy for the year 2020, to become effective as provided herein; and

WHEREAS, it is appropriate that the tax levy for the year 2020 receive expeditious consideration by the City Council; now, therefore,

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:


SECTION 1. The sum of One Billion, Five Hundred Thirty-Nine Million, Thirty-Three Thousand Dollars ($1,539,033,000) ascertained by the City Council as the total amount of appropriations heretofore legally made for all corporate purposes to be provided for by the tax levy ofthe year 2020, is hereby levied for the year 2020 upon all property within the City of Chicago subject to taxation. The purposes for which appropriations have been made and the amounts appropriated for such purposes, respectively, are hereinafter specified in detail in the manner authorized for the annual appropriation ordinance for the year 2020, annexed to and made a part of this ordinance. The amounts appropriated and levied for each of said purposes, respectively, are set forth below in separate columns.

Appropriations for Expenditures and Amounts Levied for the Fiscal Y...

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