Title
Adoption of the 2016 Millage Rates (for Fiscal Year 2017)
Body
Whereas, in accordance with the provisions of Public Act 2 of 1968, Public Act 621 of 1978, the Uniform Budgeting and Accounting Act for Local Government, and Section III of the Charter for the City of Rochester Hills; the Mayor, as the Chief Administrative and Executive Officer for the City, has prepared and proposed the budget for the ensuing year and submitted it to the City Council at its first meeting in August; and
Whereas, at its August 8, 2016 meeting City Council acknowledged receipt from the Mayor of the 2017 Proposed Budget and the 2018-2019 Projected Budgets and set a Public Hearing for September 12, 2016 at 7:00 p.m. to hear comments on the Proposed Budget Plan and Millage Rates; and
Whereas, at its September 12, 2016 meeting City Council held said Public Hearing and heard comments on the Proposed Budget Plan and Millage Rates.
Now, Therefore, Be It Resolved, the City Council hereby adopts the following tax rates in accordance with Chapter IV, Taxation, specifically Section 4.1, Power to Tax and Secure Revenue, and Section 4.2, Charter Tax Rate & Special Voted Millage(s) Limitation, to be levied in December 2016 to provide the tax revenues included in the Proposed Fiscal Year 2017 Budget:
PROPOSED MILLAGE RATES
Operating Millages: 2016
General Fund (Charter) 2.1136
Local Street I (Voted) 0.3507
Local Street II (Voted) 0.4803
Local Street III (Voted) 0.2939
Fire Fund (Charter) 2.7000
Special Police I (Voted) 1.1954
Special Police II (Voted) 1.5633
Pathway (Voted) 0.1837
RARA Operating (Voted) 0.1928
OPC Operating (Voted) 0.2377
OPC Transportation (Voted) 0.0990
Library Operating (Charter) 0.7739
Operating - Subtotal 10.1843
Debt Millages:
Chapter 20 Drain Debt 0.0417
OPC Building (Voted) 0.2345
Debt - Subtotal 0.2762
TOTAL MILLAGES 10.4605
The Total Millage rate of 10.4605 is per T...
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