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HomeMy WebLinkAboutResolutions - 1989.10.12 - 17131October 12, 1989 MED S RESOLUTION 89254 BY: FINANCE ODWIT1TE, DR. G. WILLIN4 CADDFIL., CHATRFERSON TN RE: 1989 WUNT GENERAL FUND PROPERTY TAX AND PARKS AND RECREATION TAX RATE TO THE =AND COUNTY BOARD OF COMMISSICNERS Mt. Chairperson, Tadies and Gentlemen: WHEREAS the County has a fixed millage tax rate of 5.26 rills; a voted .25 mill for Parks and Recreation; and the Huron-Clinton Authority has requested the County to apply a .25 mill property tax rate; and WEREAS the compound millage rollback required by Article 9, Section 31 of the Michigan Constitution, the Headlee Tax Limitation amerthent, has authorized the maximum allowable County tax rate of 4.6498 mills, the Parks and Recreation - , allowable tax rate of .2210 mill and the Huron-Clinton Authority maximum allowable tax rate of .2332 mill; and WHEREAS Public Acts of 1982, "Truth in Taxation" Act, requires the County Board of Commissioners to bold a pdblic hearing if the recommended property tax rate exceeds the adjusted Ease Tax Rate of 4.1740 mills; and MEREAS the County Ekecutive recomends that there be no increase in the County General Fund current property tax rate; and VA-1=AS it is recomended that the 1989 County General Fund Property Tax rate be set at 4.6391 mills, .0107 mill below the maximum allowable tax rate and the Cakland County Parks and Recreation tax rate at .2210 mill, the max:ilium allowable tax rate, and the Raton-Clinton Park Authority tax rate at .2332 mill, the 76XiMUM allowable tax rate; and WhIlEAS $108,533,618 is the amount of the 1990 County Budget to be raised by taxation based on the 1988 Equalized Valuation of $23,395,403,757 at the recommended tax rate of 4.6391 mills, together with the voted .2210 mill for Parks and Recreation of $5,170,384 and the .2332 mill for the Huron-Clinton Authority of $5,455,808. NOK THEREFORE BE IT RESOLVED that each Supervisor of the various townships and Assessing officers of the several cities of Oakland County be authorized and directed to spread on their respective township or city tax rolls for the year 1989 the following tax rates to be applied to their 1988 equalized valuation: 1989 County Voted for Huron-Clinton General Property Tax Levy Parks and Recreation Authority 4.6391 Mills .2210 Mill .2332 Mill . Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FEWCE COMAITTEE -°ESOLUTI Date ' this Resolution # 89254 October 12, 1989 Moved by Caddell supported by Susan Kuhn the resolution be adopted. AYES: Wolf, Bishop, Caddell, Calandro, Chester, Crake, Ferrens, Gosling, Hobart, Jensen, R. Kuhn, S. Kuhn, Law, Luxon, McConnell, McCulloch, McPherson, Moffitt, Oaks, Olsen, Pappageorge, Pernick, Price, Rewold, Skarritt. (25) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN) COUNTY OF OAKLAND) I, Lynn D. Allen, Clerk of the County of Oakland Michigan, do hereby certify that I have compared the annexed copy of the attached Misclianeous which was adopted by the Oakland County Board of Comnliqsluers at thPir Reqular Board Meeting held on October 12, 1989 with the orginial record thereof now remaining in my office, and that it is a true and correct transcript therefrom, and of the whole thereof. In Testimony Whereof, I have hereunto set my hard and affixed the seal of said County at Pontiac, Michigan