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File #: BL2022-1249    Name:
Type: Bill (Ordinance) Status: Passed
File created: 4/28/2022 In control: Metropolitan Council
On agenda: 6/21/2022 Final action: 6/21/2022
Title: An ordinance establishing the tax levy in the General Services District for the fiscal year 2022-2023, and declaring the amount required for the annual operating budget of the Urban Services District, pursuant to section 6.07 of the Metropolitan Charter.
Sponsors: Burkley Allen, Zulfat Suara
Attachments: 1. Substitute BL2022-1249
title
An ordinance establishing the tax levy in the General Services District for the fiscal year 2022-2023, 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 2022-2023 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 $ 1.299 per $100.00
2. School Fund $ 0.986 per $100.00
3. Debt Service Fund $ 0.523 per $100.00
4. School Debt Service Fund $ 0.114 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 2022-2023 requires $139,705,500 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 Metr...

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