Title
Public Hearing for the 2012 Millage Rates (for FY 2013)
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 the proposed budget for the ensuing year and submitted it to the Council at its first meeting in August; and
Whereas, at its August 13, 2012 meeting City Council acknowledged receipt from the Mayor of the Proposed 2013 Proposed Budget and 2014 and 2015 Projected Budgets and set a Public Hearing for September 10, 2012 at 7:00 p.m. to hear comments on the proposed budget plan; and
Whereas, at its September 10, 2012 meeting City Council held said Public Hearing and heard comments on the proposed budget and related 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 2012 to provide the tax revenues included in the Fiscal Year 2013 Proposed Budget:
Operating Millage(s) FY 2013
General Fund (Charter) 3.9132
Local Street (Voted) 0.3545
Fire Fund (Charter) 1.9564
Special Police I (Voted) 0.7823
Special Police II (Voted) 0.4260
Pathway (Voted) 0.1858
RARA Operating (Voted) 0.1950
OPC Operating (Voted) 0.0891
OPC Transportation (Voted) 0.2403
Green Space (Voted) 0.2972
Library Operating (Charter) 0.7823
Operating - Subtotal 9.2221
Debt Millage (s)
Chapter 20 Drain Debt 0.2354
OPC Bu...
Click here for full text