Chapter
060
2007 -- S 0952 AS AMENDED
Enacted 06/20/07
A N A C T
AUTHORIZING
THE TOWN OF JOHNSTON TO IMPOSE A SUPPLEMENTAL TAX FOR THE FISCAL YEAR 2006-2007
Introduced
By: Senator Stephen D. Alves
Date
Introduced: April 26, 2007
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
Town of Johnston, any municipal ordinance or
existing judicial decision, the Town of Johnston
is authorized to levy an additional tax on the
ratable property of the Town, including excluding
motor vehicles and trailers for the current fiscal year in
such sum, not to exceed four million two hundred
thousand dollars ($4,200,000), as shall be set
by ordinance or resolution of the town 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 Town of Johnston
as of December 31, 2006, and the resulting tax
roll shall be certified by the assessor of the Town
of Johnston to the collector of the Town of
Johnston, 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 Town of Johnston,
the rate of tax and the percentage of fair market
value employed in assessing the tax on
manufacturer’s machinery and equipment. The Town 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 town council
by resolution, but no later than June 30, 2007,
and shall carry penalties and interest as by
ordinance the town council shall prescribe.
In all other
respects, the provision of chapters 44-5, 44-7, 44-8 and 44-9 of the
general
laws shall be applicable to the assessment, levy
and collection of said tax.
SECTION 2. This
act shall take effect upon passage.
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LC02934
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