HomeMy WebLinkAboutResolutions - 2015.02.18 - 22475MISCELLANEOUS RESOLUTION A15052
BY: Commissioners Michael J. Gingell, District #1, Shelley G. Taub, District #12, Jeff Matis,
District #15
IN RE: AMENDMENT TO FISCAL YEAR 2015 GENERAL APPROPRIATIONS ACT AND 2015
COUNTY GENERAL PROPERTY TAX RATES — MILLAGE REDUCTION
To the Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
WHEREAS in accordance with the provisions of Public Act 139 of 1973, the Unified Form
of County Government Act, and Public Act 621 of 1978 (as amended by P.A. 493 of 2000), the
Uniform Budgeting and Accounting Act for Local Government, it is the responsibility of the
Oakland County Board of Commissioners to establish and adopt the annual County Budget and
work program; and
WHEREAS on September 18, 2014 the Oakland County Board of Commissioners adopted
Miscellaneous Resolution #14224 Fiscal Year 2015 General Appropriations Act and 2015 County
General Property Tax Rates; and
WHEREAS Miscellaneous Resolution #14224 authorized and directed each Supervisor of
the various townships and Assessing Officers of the cities of Oakland County to spread 4.1900
mills on the respective tax rolls to be applied to the 2015 Taxable Value of all property located
within their respective jurisdictions; and
WHEREAS through the County of Oakland's efforts as a leader in thoughtful long-term
financial planning, effective and efficient delivery of services, cooperation by all county elected
officials, and dedication and sacrifices of county employees, the County Executive is
recommending to reduce the county's tax rate by .10 mills from 4.1900 mills to 4.0900 mills for
the July 2015 tax levy; and
WHEREAS the County Executive is further considering an additional millage reduction of
.05 mills for the July 2016 tax levy; and
WHEREAS it is projected that each .01 mill rollback is equivalent to a $500,000 tax
reduction; and
WHEREAS it is estimated that these millage reductions will result in $75 million in
savings by the taxpayers over the next ten (10) years; and
WHEREAS even after applying these millage rollbacks, Oakland County's budget is
Commission MichaOy Gingell
Coinrrassion.er Jeff Matis
projected to be balanced through Fiscal Year 2020; and
WHEREAS the necessary budget adjustments to reflect the millage reductions will be
determined once the 2015 Equalization Report is completed and will be submitted no later than
the Fiscal Year 2015 Third Quarter Financial Forecast and Budget Amendments resolution.
WHEREAS the County Executive's recommended millage rate reduction will also be
reflected in the FY 2016 — FY 2018 Triennial Budget Recommendation that will be submitted to
the Board of Commissioners on July 1, 2015.
NOW THEREFORE BE IT RESOLVED that the Board of Commissioners authorizes a
reduction of the 2015 County General Property Tax Levy by .10 mills from 4.1900 mills to
4.0900 mills.
BE IT FURTHER RESOLVED that each Supervisor of the various townships and Assessing
Officers of the several cities of Oakland County are authorized and directed to spread on their
respective township of city tax rolls for the year 2015 a County General Property Tax Levy of
4.0900 mills to be applied to the 2015 Taxable Value of all property located within their
respective jurisdictions.
District #1
District #15
Commissiork Shelley G. Taub
District #12
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Resolution #15052 February 18, 2015
The Chairperson referred the resolution to the Finance Committee. There were no objections.