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...
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