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Annual Maintenance Cost budgeted in such Fiscal Year the sum <br /> of the total levy on all City-owned parcels for such Fiscal Year <br /> and the total levy on all Commercial Parcels for such Fiscal Year. <br /> The total levy on all Residential Parcels shall then be divided by <br /> the total number of residential units (as adjusted by each <br /> Residential Parcel's unit multiplier, if any) calculated in steps 2 <br /> (a), (b) and (c) above. A pro rata cost per residential unit shall <br /> then be assigned to each such Residential Parcel based on the <br /> number of residential units allocated to each such Residential <br /> Parcel. <br /> <br />4. After the annual levy for each Parcel has been calculated, the City shall <br /> prepare a list of annual levies showing the assessor's parcel number as <br /> of the Fiscal Year lien date for each Parcel and the amount to be levied <br /> against such Parcel in a form acceptable to the County Auditor and <br /> request that the list of annual levies be placed on the secured property <br /> tax roll for the following Fiscal Year. The list of annual levies shall be <br /> sent to the County Auditor by July 15 or such other date required by the <br /> County Auditor for placement of the list of annual levies on the <br /> secured tax roll. <br /> <br />5. The City has authority to make necessary administrative adjustments <br /> to the Method of Assessment Spread to correct inconsistencies or <br /> methodological errors, and to make necessary administrative <br /> adjustments to the annual levy assigned to any Parcel in order to <br /> remedy the annual levy assigned to any such Parcel. As the result of <br /> such adjustments, the City may assign supplemental levies to be levied <br /> either by the County or directly by the City, or, if applicable, grant <br /> refunds. <br /> <br /> <br />