Chapter 005
2003 -- H 5303
Enacted
01/30/03
A N A C T
AUTHORIZING
THE CITY OF CRANSTON TO IMPOSE A SUPPLEMENTAL TAX FOR
THE
FISCAL YEAR 2002-2003
Introduced
By: Representatives Jacquard, Mumford, Lima, Palumbo, and Handy
Date Introduced:
January 29, 2003
It is enacted by the General Assembly as
follows:
SECTION
1. In order to maintain a balanced budget and to prevent the deficit now
projected
for the current fiscal year, and notwithstanding any provision of law, general,
special,
any
provisions of the home rule charter of the City of Cranston, any municipal
ordinance or
existing
judicial decision, the City of Cranston is authorized to levy an additional tax
on the
ratable
property of the City, including motor vehicles and trailers for the current
fiscal year in
such
sum, not to exceed thirteen million dollars ($13,000,000), as shall be set by
ordinance or
resolution
of the city council, with the approval of the mayor. Such additional tax shall
not be
subject
to the provisions of section 44-5-2 of the general laws. Said tax shall be
apportioned upon
the
assessed valuations as determined by the assessor of the City of Cranston as of
December 31,
2001,
and the resulting tax roll shall be certified by the assessor of the City of
Cranston to the
collector
of the City of Cranston, as soon as practicable. Within fifteen (15) days
succeeding the
certification
the assessor shall cause to be published in a newspaper of general circulation
within
the
City of Cranston, the rate of tax and the percentage of fair market value
employed in assessing
the
tax on manufacturer's machinery and equipment. The City shall provide for the
payment of
said
tax in installments as follows:
Said
tax may be paid in one (1) installment on a date as shall be set by the city
council by
resolution,
but no later than June 30, 2003, and shall carry penalties and interest as by
ordinance
the
city council shall prescribe.
In
all other respects, the provision of chapters 44-5, 44-7, 44-8, 44-9 and 44-34
of the
general
laws shall be applicable to the assessment, levy and collection of said tax as
far as apt.
SECTION
2. This act shall take effect upon passage.
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LC01316
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