RESOLUTION NO. 2019-18 – Property Tax (2019)

Ordinance #: 2019-18

A RESOLUTION AUTHORIZING THE RATE OF PROPERTY TAX FOR THE CITY OF ELKINS, ARKANSAS FOR THE YEAR 2019 TO BE COLLECTED IN 2020.

WHEREAS, Ark. Code Ann. § 26-25-102 provides that a city may levy a tax on the real and personal property located within the city for general purposes, in any one year, pursuant to the provisions of the Arkansas Constitution; and

WHEREAS, Ark. Code Ann. § 26-73-202 requires the City Council of any municipal corporation to make out and certify to the county clerk the rate of taxation levied by the city on all the real and personal property within the city; and

WHEREAS, the City Council has determined that it is in the best interest of the City of Elkins and its citizens to levy the rate of taxation on the real and personal property located within the City of Elkins as set forth herein, and to certify the same to the Washington County Clerk and authorize the Washington County Quorum Court to levy said tax for the year 2019 to be collected in 2020.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF ELKINS, ARKANSAS:

Section 1. That the property tax rate for the city General purposes on the real and personal property situated with the City of Elkins to be collected in the year 2020 shall be fixed and levied at the rate of five (5) mills on each dollar of assessed value of real and personal property.

Section 2. This shall certify that the Quorum Court of Washington County, Arkansas is hereby authorized to levy the said tax as set forth herein for the real and person property located within the City of Elkins, Arkansas for the year 2020, at the appropriate meeting in accordance with state law.

PASSED AND APPROVED by the City Council for the City of Elkins, Arkansas, this 17th day of October, 2019.