Title
Adoption of the Winter 2023 Millage Rates
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 14, 2023 meeting City Council acknowledged receipt from the Mayor of the Fiscal Year 2024 Proposed and 2025-2026 Projected Budget and set a Public Hearing for September 11, 2023 at 7:00 p.m. to hear comments on the Proposed Budget Plan and Millage Rates; and
Whereas, at its September 11, 2023 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 2023 to provide the tax revenues included in the Proposed Fiscal Year 2024 Budget:
|
PROPOSED MILLAGE RATES |
|
|
Operating Millages: |
Winter 2023 |
|
General Fund (Charter) |
2.8157 |
|
Local Street (Voted) |
1.0687 |
|
Fire Fund (Charter) |
2.7000 |
|
Special Police I (Voted) |
1.1359 |
|
Special Police II (Voted) |
1.1345 |
|
Park Infrastructure (Voted) |
0.1645 |
|
Pathway (Voted) |
0.1742 |
|
RARA Operating (Voted) |
0.1829 |
|
OPC Operating (Voted) |
0.3146 |
|
Library Operating (Charter) |
0.7353 |
|
Operating - Subtotal |
10.4263 |
|
Debt Millages: |
|
|
Chapter 20 Drain Debt |
0.0310 |
|
Debt - Subtotal |
0.0310 |
|
TOTAL MILLAGES |
10.4573 |
The Total Millage rate of 10.4573 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 $17.32 per lot or description; and for the Denison Acres Subdivision at the rate of $5.64 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 Winter 2023 Tax Rolls.