File #: 2013-0336    Version: 1
Type: Finance Status: Passed
File created: 9/5/2013 In control: City Council Regular Meeting
On agenda: Final action: 9/16/2013
Title: Public Hearing for the 2013 Millage Rates (for FY 2014)
Attachments: 1. Agenda Summary.pdf, 2. Resolution.pdf

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 it Further Resolved, the City Council hereby adopts the following Special Lighting Levies for the Christian Hills Subdivision at the rate of $15.95 per lot or description; and for the Denison Acres Subdivision at the rate of $4.27 per lot or description; and

 

Be It Further Resolved, that the Assessor of the City of Rochester Hills be and hereby is authorized to have said amounts spread on the 2013 Tax Rolls.

 

Be It Further Resolved, that the City Council hereby adopts the following proposed tax rate 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.