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An ordinance establishing the tax levy in the General Services District for the fiscal year 2023-2024, and declaring the amount required for the annual operating budget of the Urban Services District, pursuant to section 6.07 of the Metropolitan Charter.
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BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That the tax levy for the General Services District of the Metropolitan Government of Nashville and Davidson County for the fiscal year 2023-2024 on each $100.00 assessed value of all property, real, tangible personal, intangible personal and mixed, within the General Services District, shall be $2.922 prorated and distributed as follows:
1. General Fund
$ 1.339
per $100.00
2. School Fund
$ 0.986
per $100.00
3. Debt Service Fund
$ 0.473
per $100.00
4. School Debt Service Fund
$ 0.124
per $100.00
Total Levy General Services District
$ 2.922
per $100.00
Section 2. That $0.05 per $100.00 of the revenue of the General Services District General Fund generated from this tax levy collected from the area of the Urban Services District will be deposited to the credit of the General Fund of the Urban Services District.
Section 3. Pursuant to Section 6.07 of the Charter, BE IT HEREBY DETERMINED AND DECLARED that the annual operating budget of the Urban Services District for the fiscal year 2023-2024 requires $144,609,000 by a property tax levy therein, and the Urban Council is hereby directed to levy a tax upon all property, real, tangible personal, intangible personal and mixed, within the Urban Services District of $0.332 per $100.00 of assessed valuation, prorated and distributed as follows:
1. General Fund
$ 0.283
Per $100.00
2. Debt Service Fund
$ 0.049
Per $100.00
Total Levy Urban Services District
$ 0.332
Per $100.00
Section 4. This ordinance shall take effect from and after its passage, the welfare of the Metropolitan Government of Nashville and Davidso...
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