HomeMy Public PortalAbout028-2010 - shortfall appealORDINANCE NO. 28-2010
AN ORDINANCE TO PETITION FOR A SHORTFALL APPEAL DUE TO
ERRONEOUS ASSESSED VALUE
WHEREAS, the City of Richmond experienced a property tax revenue shortfall in 2009
from erroneous assessed valuation figures provided to the city; and
WHEREAS, the erroneous assessed valuation figures were used by the city in
determining its total property tax rate; and
WHEREAS, the error in the assessed valuation figures was found after the city's property
tax levy resulting from that total rate was finally approved by the department of local
government finance;
WHEREAS, the property tax shortfall has occurred due to erroneous assessed valuation
for the taxing year 2009 in the estimated amount of $130,166.00.
NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of
Richmond, Indiana, as follows:
Section 1. APPROVAL OF APPEAL
BE IT RESOLVED that the Common Council approves the City of Richmond's appeal to
the Local Government Tax Control Board and Department of Local Government Finance
for a property tax shortfall, due to erroneous assessed valuation, pursuant to IC 6-1.1-
18.5-16. This appeal shall be filed with the Department of Local Government Finance
office in Indianapolis.
SECTION 2. EFFECTIVE DATE
This ordinance shall be in full force and effect from and after its adoption by the City
Council and signing by the Mayor.
Passed and adopted this _7th day of _September 2010 by the Common Council of
the City of Richmond, Indiana.
S/S J. Clayton Miller , President
Q. Clayton Miller)
ATTEST: _S/S Karen Chasteen City Clerk
(Karen Chasteen)
PRESENTED to the Mayor of the City of Richmond, Indiana, this _8th day of
_September , 2010, at 9:00 a.m.
S/S Karen Chasteen City Clerk
(Karen Chasteen)
APPROVED by me, Sarah L. Hutton, Mayor of the City of Richmond, Indiana, this
_8th _ day of _September 2010
at 9:05 a.m.
S/S Sarah L. Hutton Mayor
(Sarah L. Hutton)
ATTEST: S/S Karen Chasteen City Clerk
(Karen Chasteen)