Title
Adoption of Revised Winter 2021 Millage Rates
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 16, 2021 meeting City Council acknowledged receipt from the Mayor of the Fiscal Year 2022 Proposed and 2023-2024 Projected Budget and set a Public Hearing for September 13, 2021 at 7:00 p.m. to hear comments on the Proposed Budget Plan and Millage Rates; and
Whereas, at its September 13, 2021 meeting City Council held said Public Hearing and heard comments on the Proposed Budget Plan and Millage Rates; and
Whereas, at its September 13, 2021 meeting City Council approved a total City millage rate of 10.3850 per Thousand Dollars ($1,000) of taxable valuation as equalized, which included 0.0000 mills for Park System Facility Improvements; and
Whereas, on November 2, 2021 the residents of Rochester Hills voted for and approved the repurpose of 0.1660 mills for Park System Facilities Improvements for a period of 10-years.
Now, Therefore, Be It Resolved, the Rochester Hills City Council hereby approves the revised Winter 2021 millage rates to include the recently approved City Park System Facility Improvement millage of 0.1660 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 2021 to provide the tax revenues included in the Adopted Fiscal Year 2022 Budget:
The Total Millage rate of 10.5510 is per Thousand Dollars ($1,000) of taxable valuation, as equalized; and
Be It Further Resolved, that the Assessor of the City ...
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