title
ABATEMENT OF THE 2023 TAX LEVY FOR THE
GENERAL OBLIGATION REFUNDING BONDS
(ALTERNATE REVENUE SOURCE), SERIES 2015B
COMPANY 7000, ACCOUNTING UNIT 7017
$1,461,140
resolution
WHEREAS, the DuPage County Board adopted Ordinance Number FI-O-0013-15 on May 12, 2015, and executed an accompanying Bond Order on June 5, 2015, setting forth the tax levy for each of the levy years the General Obligation Refunding Bonds (Alternate Revenue Source), Series 2015B ("2015B Bonds") are outstanding; and
WHEREAS, Section 11 of Ordinance Number FI-O-0013-15 directs the DuPage County Clerk to levy and extend an adequate tax to produce the amount of $1,461,140 (ONE MILLION, FOUR HUNDRED SIXTY-ONE THOUSAND, ONE HUNDRED FORTY AND NO/100 DOLLARS) for the 2023 Tax Levy, which is to be collected in DuPage County's Fiscal Year 2024; and
WHEREAS, the 2023 taxes have been levied in compliance with said Bond Order; and
WHEREAS, in accordance with Resolution Number FI-R-0542-21, adequate pledged revenue was transferred and is currently available in the 2015B Bonds Debt Service Fund to provide for an abatement of the 2023 Tax Levy in its entirety.
NOW, THEREFORE, BE IT RESOLVED by the DuPage County Board that the General Obligation Refunding Bonds (Alternate Revenue Source), Series 2015B tax levy, which is to be collected in the County's Fiscal Year 2024, be abated by the amount of $1,461,140 (ONE MILLION, FOUR HUNDRED SIXTY-ONE THOUSAND, ONE HUNDRED FORTY AND NO/100 DOLLARS), and that the amount of the 2023 Tax Levy to be extended by the DuPage County Clerk be $0.00 (ZERO and NO/100 DOLLARS).
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Enacted and approved this 28th day of November, 2023 at Wheaton, Illinois.
________________________________
DEBORAH A. CONROY, CHAIR
DU PAGE COUNTY BOARD
Attest: ____________...
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