Title
Adoption of the 2020 Millage Rates and Levies (for Fiscal Year 2021)
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 10, 2020 meeting City Council acknowledged receipt from the Mayor of the 2021 Proposed Budget and the 2022-2023 Projected Budget and set a Public Hearing for September 14, 2020 at 7:00 p.m. to hear comments on the Proposed Budget Plan and Millage Rates; and
Whereas, at its September 14, 2020 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 2020 to provide the tax revenues included in the Proposed Fiscal Year 2021 Budget:
PROPOSED MILLAGE RATES
Operating Millages: 2020
General Fund (Charter) 2.6909
Local Street (Voted) 1.0868
Fire Fund (Charter) 2.7000
Special Police II (Voted) 1.1891
Pathway (Voted) 0.1773
RARA Operating (Voted) 0.1861
OPC Operating (Voted) 0.3200
OPC Transportation (Voted) 0.0954
Library Operating (Charter) 0.7478
Operating - Subtotal 10.3486
Debt Millages:
Chapter 20 Drain Debt 0.0364
OPC Building (Voted) 0.1660
Debt - Subtotal 0.2024
TOTAL MILLAGES 10.5510
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 10, 2020 meeting City Council acknowledged receipt from the Mayor of the 2021 Proposed Budget and the 2022-2023 Projected Budget and set a Public Hearing for September 14, 2020 at 7:00 p.m. to hear comments on the Proposed Budget Plan and Millage Rates; and
Whereas, at its September 14, 2020 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 2020 to provide the tax revenues included in the Proposed Fiscal Year 2021 Budget.