(A) Annual tax levy. The Board of Trustees shall annually, in accordance with state statutes, ascertain the total amount of appropriation for all corporate purposes legally made, and to be collected from the tax levy of that fiscal year, and by an ordinance specifying in detail the purpose for which such appropriations are made, and the sum or amount appropriated for each purpose, respectively, levy the amount so ascertained upon all the property subject to taxation within the village, as the same is assessed and equalized for state and county purposes for the current year. A certified copy of such ordinance shall be filed with the County Clerk.
(B) Special tax levy. Whenever the village is required to levy a tax for the payment of any particular debt, appropriation, or liability of the same, the tax for such purpose shall be included in the total amount assessed by the Board of Trustees, and certified to the County Clerk as aforesaid, but the Board of Trustees shall determine, in the ordinance making such assessment, what proportion of such total amount shall be applicable to the payment of such particular debt, appropriation, or liability. The Village Treasurer shall set apart such proportion of the tax collected and paid to him, her, or them for the payment of such particular debt, appropriation, or liability, and shall not disburse the same for any other purpose until such debt, appropriation or liability shall have been discharged.
(C) Uniformity of taxes. All taxes levied or assessed by the village, except special assessments for local improvements, shall be uniform upon all taxable property and persons within the limits of the village, and no property shall be exempt therefrom other than such property as may be exempt from taxation under the Constitution and general laws of the state.
(Prior Code, § 1-6-18) (Ord. 4-1910, passed - -)