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ORDINANCE NO. 201682 CITY OF MONTICELLO PITT COUNTY, ILLINOIS AN ORDINANCE LEVYING TAXES FOR ALL CORPORATE PURPOSES FOR THE CITY OF MONTICELLO, PITT COUNTY, ILLINOIS FOR THE FISCAL YEAR COMMENCING

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How to fill out an ordinance levying taxes

01

Determine the purpose and amount of taxes to be levied.

02

Consult with relevant stakeholders such as government officials and tax experts.

03

Prepare a draft ordinance outlining the tax levy process and provisions.

04

Conduct a public hearing to gather feedback and suggestions from the community.

05

Revise the draft ordinance based on the feedback received.

06

Submit the final ordinance to the legislative body for approval.

07

Implement the tax levy according to the approved ordinance.

08

Monitor the collection and utilization of tax revenue.

09

Periodically evaluate the effectiveness of the tax levy ordinance and make necessary adjustments if required.

Who needs an ordinance levying taxes?

01

Government agencies or authorities responsible for generating revenue for public funding.

02

Municipalities or local governing bodies that require funds for maintaining infrastructure, providing public services, etc.

03

Legislative bodies that establish and enforce tax policies.

04

Taxation departments or entities responsible for tax administration and collection.

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What is an ordinance levying taxes?

An ordinance levying taxes is a legal document passed by a local government that establishes the rates and methods for collecting taxes within its jurisdiction.

Who is required to file an ordinance levying taxes?

Local government officials or authorities are usually required to file an ordinance levying taxes to set the tax rates for the upcoming fiscal year.

How to fill out an ordinance levying taxes?

To fill out an ordinance levying taxes, officials must include details such as the tax rates, taxable items, exemptions, and collection procedures in the document.

What is the purpose of an ordinance levying taxes?

The purpose of an ordinance levying taxes is to establish a legal framework for collecting revenue from residents and businesses to fund essential services and infrastructure projects.

What information must be reported on an ordinance levying taxes?

Information such as the tax rates, assessment methods, tax exemptions, and revenue projections must be reported on an ordinance levying taxes.

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