File #: RS2024-64    Name:
Type: Resolution Status: Filed
File created: 5/1/2024 In control: Urban Council
On agenda: Final action:
Title: A resolution levying a property tax and establishing the tax rate for such tax levy in the Urban Services District of The Metropolitan Government of Nashville and Davidson County for the Fiscal Year 2024-2025.
Sponsors: Delishia Porterfield, Quin Evans-Segall, Burkley Allen

title

A resolution levying a property tax and establishing the tax rate for such tax levy in the Urban Services District of The Metropolitan Government of Nashville and Davidson County for the Fiscal Year 2024-2025.

body

BE IT RESOLVED BY THE URBAN COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:

 

Section 1.  That there is hereby levied a tax upon all property, real, tangible personal, intangible personal and mixed, within the Urban Services District of the Metropolitan Government of Nashville and Davidson County for the fiscal year 2024-2025 of $0.332 on each $100.00 assessed value of all property, real, tangible personal, intangible personal and mixed, within the Urban Services District, prorated and distributed as follows:

 

 

1.  General Fund

$ 0.291

per $100.00

 

2.  Debt Service Fund

$ 0.041

per $100.00

 

       Total Levy Urban Services

 

 

 

             District

$ 0.332

per $100.00

 

Section 2.  That the amount of revenue generated in accordance with Section 2 of Ordinance No. BL2024-373 of the Metropolitan County Council will be deposited to the credit of the General Fund of the Urban Services District.