Title
Adoption of the 2019 Millage Rates and Levies (for Fiscal Year 2020)
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 12, 2019 meeting City Council acknowledged receipt from the Mayor of the 2020 Proposed Budget and the 2021-2022 Projected Budgets and set a Public Hearing for September 9, 2019 at 7:00 p.m. to hear comments on the Proposed Budget Plan and Millage Rates; and
Whereas, at its September 9, 2019 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 2019 to provide the tax revenues included in the Proposed Fiscal Year 2020 Budget:
|
PROPOSED MILLAGE RATES |
|
|
Operating Millages: |
2019 |
|
General Fund (Charter) |
2.6582 |
|
Local Street I (Voted) |
0.3418 |
|
Local Street II (Voted) |
0.4683 |
|
Local Street III (Voted) |
0.2864 |
|
Fire Fund (Charter) |
2.7000 |
|
Special Police I (Voted) |
1.1655 |
|
Special Police II (Voted) |
1.1640 |
|
Pathway (Voted) |
0.1789 |
|
RARA Operating (Voted) |
0.1878 |
|
OPC Operating (Voted) |
0.2316 |
|
OPC Transportation (Voted) |
0.0963 |
|
Library Operating (Charter) |
0.7545 |
|
Operating - Subtotal |
10.2333 |
|
Debt Millages: |
|
|
Chapter 20 Drain Debt |
0.0372 |
|
OPC Building (Voted) |
0.1900 |
|
Debt - Subtotal |
0.2272 |
|
TOTAL MILLAGES |
10.4605 |
The Total Millage rate of 10.4605 is per Thousand Dollars ($1,000) of taxable valuation, as equalized; and
Be it Further Resolved, the City Council hereby adopts the following Special Lighting levies for the Christian Hills Subdivision at the rate of $14.21 per lot or description; and for the Denison Acres Subdivision at the rate of $3.73 per lot or description; and
Be It Further Resolved, that the Assessor of the City of Rochester Hills be and hereby is authorized to have said amounts spread on the 2019 Tax Rolls.
Be It Further Resolved, that 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 2019 to provide the tax revenues included in the Proposed Fiscal Year 2020 Budget.