TOWN OF LAMARTINE
Resolution to Propose Exceeding Levy Limits (2019 Payable 2020)
Whereas, the State of Wisconsin has imposed levy limits on town, village, city and county levies for 2019 and thereafter under s. 66.0602 of Wis. Statutes;
Whereas, s. 66.0602 of Wis. Statutes limits the local levy for 2019 to a percentage increase of no more than the greater of (a) 0% of the 2018 payable 2019 adjusted actual levy as calculated under the state’s levy limit law or (b) a percentage equal to the percent change in equalized value due to net new construction less improvements removed, which for the Town of LAMARTINE is 0.92 percent;
Whereas, the Town Board of the Town of LAMARTINE, FOND DU LAC County believes that for the 2019 tax levy (collected in 2020) it is in the town’s best interest to exceed the state levy limit as described above by a greater percentage than 0.92 percent.
Whereas, the Town of LAMARTINE 2019 payable 2020 adjusted actual tax levy is $451,463, and further whereas the state law would limit the increase to $4171 for a total allowable town tax levy of $445,468 (line 8 of the levy limit worksheet) before adjustment for 2019 (to be collected in 2020);
Therefore, the Town Board of the Town of LAMARTINE, FOND DU LAC County does hereby resolve and order as follows:
1. The town board supports an increase in the town tax levy for 2019 that will exceed the state levy limit.
2. The town board directs that the question of increasing the allowable town tax levy for 2019 (to be collected in 2020) by 10 percent, which would increase the town levy by $44,546, for a total town tax levy of $542,222 (line 11 on the levy limit worksheet),, shall be placed on the agenda for the special town meeting to be held on NOVEMBER 11, 2019.
Adopted this 7th day of October, 2019.
By the Town Chair: ___________________________
Attested by Town Clerk: _________________________