Title
Public Hearing for the 2013 Millage Rates (for FY 2014)
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 12, 2013 meeting City Council acknowledged receipt from the Mayor of the Proposed 2014 Proposed Budget and 2015 and 2016 Projected Budgets and set a Public Hearing for September 16, 2013 at 7:00 p.m. to hear comments on the proposed budget plan; and
Whereas, at its September 16, 2013 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 2013 to provide the tax revenues included in the Fiscal Year 2014 Proposed Budget:
Operating Millages 2013
General Fund (Charter) 3.6222
Local Street I (Voted) 0.3545
Local Street II (Voted) 0.4855
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) 0.2403
OPC Transportation (Voted) 0.0891
Green Space (Voted) 0.2972
Library Operating (Charter) 0.7823
Operating - Subtotal 9.4166
Debt Millages
Chapter 20 Drain Debt 0.0426
OPC Building (Voted) 0.2468
Debt - Subtotal 0.2894
TOTAL MILLAGES 9.7060
The Total Millage rate of 9.7060 is per Thousand Dollars ($1,000) of taxable valuation, as equalized; and
Be i...
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