File #: 2010-0370    Version: 1
Type: Finance Status: Passed
File created: 9/7/2010 In control: City Council Regular Meeting
On agenda: Final action: 9/13/2010
Title: Public Hearing for the 2010 Millage Rates (for FY2011)
Attachments: 1. Agenda Summary.pdf, 2. Public Hearing Notice.pdf, 3. Resolution.pdf
Title
Public Hearing for the 2010 Millage Rates (for FY2011)

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 Executive Officer for the City, has prepared the proposed budget for the ensuing year and submitted it to the Council at its first meeting in August; and

Whereas, at its August 9, 2010 meeting City Council acknowledged receipt, from the Mayor, his Proposed FY2011 Budget and FY2012 and FY2013 Projected Budgets and set a Public Hearing to be held September 13, 2010 at 7:00 p.m. to hear comments on the proposed budget plan; and

Whereas, at its September 13, 2010 meeting City Council held said Public Hearing and heard comments on the proposed 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 2010 to provide the tax revenues included in the Fiscal Year 2011 Proposed Budget:

General Fund 3.7242
Local Road Levy 0.3545
Fire Protection 1.8000
Special Police I 0.7823
Special Police II 0.4260
Pathway Maintenance 0.1858
RARA - Operating 0.1950
OPC - Transportation 0.0891
OPC - Operating 0.2403
Green Space 0.2972
Library - Operating 0.7823
Drain Debt Fund 0.6018
Older Persons Refunding Debt - 2010 0.2275
9.7060

The Total Millage rate 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 $14.74 per lot or description; and for the Denison Acres Subdivision at the rate of $4.09 per lot or descri...

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