London City Current Levy Replacement (March 2012)
From Ballotpedia
A London City Current Levy Replacement measure was on the March 6, 2012 ballot in the city of London which is in Madison County.
The measure was approved
- YES 1,147 (55.38%)
- NO 924 (44.62%)[1]
This measure sought to replace the current levy with one set at a rate of $.21 per $100 of assessed property value for a further five years in order to continue to pay for current expenses in the city.[2]
Text of measure
The question on the ballot:
| A replacement of a tax for the benefit of the City of London for the purpose of CURRENT EXPENSES at a rate not exceeding two and one-tenth (2.1) mills for each one dollar of valuation, which amounts to twenty-one cents ($0.21) for each one hundred dollars of valuation, for five (5) years, commencing in 2012, first due in calendar year 2013. |
References
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