On May 17, 2021, the Common Council adopted, and on May 21, 2021 the Mayor signed, Legislative Resolution 20-O-02, which levied a tax of fifty-three and 86/100 cents ($0.5386) per one hundred dollars ($100.00) of full value assessment on all taxable real property located within the corporate limits of the Town of University Park, levied a tax of two dollars and twenty-five cents ($2.25) per one hundred dollars ($100.00) of full value assessment on all taxable personal property located within the corporate limits of the Town of University Park, and adopted and appropriated the budget for fiscal year 2022. The ordinance will take effect on July 1, 2021, unless petitioned to referendum in a manner prescribed by law.