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Adoption of 2005 Millage Rates for the 2006 Fiscal Year Budget
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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 the Charter for the City of Rochester Hills, Chapter III, Section 3.2, the Mayor as the Chief Executive Officer shall prepare the budget proposal for the ensuing year and shall submit it to the Council at its first meeting in August; and
Whereas, at its August 3, 2005 meeting City Council acknowledged receipt from the Mayor of the Proposed 2006 Budget Plan and set a Public Hearing to be held September 7, 2005 at 7:30 p.m. to hear comments on the proposed Budget Plan; and
Whereas, at its September 7, 2005 meeting City Council held said Public Hearing on the proposed Budget Plan.
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 Millages Limitation, to be levied in December 2005 to provide the tax revenues included in the 2006 Budget:
City General 3.2169 Mills
Fire Fund 1.9000 Mills
Special Police I 0.7895 Mills
Special Police II 0.4300 Mills
Public Improvement Fund (Drains) 0.3526 Mills
Pathway 0.1281 Mills
R.A.R.A. 0.1586 Mills
Older Persons Operating Millage 0.2426 Mills
Older Persons Transportation 0.0900 Mills
Library Operating 0.7895 Mills
Open Space 0.3000 Mills
Drain Debt Fund 0.6474 Mills
General Obligation Refunding Bond - (GORB) series 1998 0.0544 Mills
General Obligation 2002 Refunding Bond - (GORB) series 2002 0.3527 Mills
Older Persons Building Bond 0.2158 Mills
Total City Millages 9.6681 Mills
per Thousand Dollars ($1,000) of taxable valuation, as equalized; and further, Special Lighting (Christi...
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