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HomeMy WebLinkAboutResolutions - 1993.10.21 - 23811September 23, 1993 MISCELLANEOUS RESO UTION #93232 BY: FINANCE COMMITTEE, JOE/N P. MC CULLOCH CHAIRPERSON IN RE: 1993 COUNTY GENERAL FUND PROPERTY TAX AND PARKS & RECREATION TAX RATES TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS the County has a fixed millage tax rate of 5.26 mills and a voted .25 mill for Parks & Recreation; and WHEREAS the Huron-Clinton Metro Parks Authority has requested the County to apportion a .25 mill property tax rate; and WHEREAS application of the compound millage rollback required by Article 9, Section 31 of the Michigan Constitution, the Headlee Tax Limitation Amendment, results in the maximum allowable County tax rate of 4.4805 mills, a Parks & Recreation maximum allowable tax rate of .2439 mill and a Huron-Clinton Authority maximum allowable tax rate of .2236 mill; and WHEREAS Public Act 5 of 1982, "Truth in Taxation" Act, requires the County Board of Commissioners to hold a public hearing if the recommended property tax rate exceeds the adjusted Base Tax Rate of 4.2556 mills; and WHEREAS the County Executive recommends that the County tax rate be set at 4.4805 mills, the Allowable Tax Levy as constrained by the Compound Millage Reduction Constitutional Tax Limitation and .0915 mill below the actual tax rate for 1990, 1991 and 1992; and WHEREAS the Finance Committee recommends that the 1993 County General Fund Property Tax rate be set at 4.4805 mills, the maximum allowable tax rate; the Oakland County Parks & Recreation Tax rate be set at .2439 mill, the maximum allowable tax rate; and the Huron-Clinton Metro Park Authority Tax rate be set at .2236 mill, the maximum allowable tax rate; and WHEREAS $134,806,812 is the estimated amount of the 1994 County General Fund Budget to be raised by taxation based on the 1993 State Equalized Valuation of $30,087,448,304 at the recommend- ed rate of 4.4805 mills, together with the voted .2439 mill for Parks & Recreation of $7,338,329 and the .2236 mill for the Huron- Clinton Authority of $6,727,553. NOW THEREFORE BE IT 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 or city tax rolls for the year 1993 the following tax rates to be applied to their 1993 State Equalized Valuation: 1993 County Voted for Huron-Clinton General Property Tax Levy Parks & Recreation Park Authority 4.4805 Mills .2439 Mill .2236 Mill Mr. Chairperson, on behalf of the Finance Committee, I move adoption of the foregoing resolution. FINANCP COMMITTEE CARRIED FORWARD FROM SEPTEMBER 23, 1993 Resolution #93232 October 21, 1993 Moved by McCulloch supported by Garfield the resolution be adopted. AYES: Kaczmar, Kingzett, McCulloch, McPherson, Moffitt, Obrecht, Palmer, Pernick, Powers, Price, Schmid, Taub, Wolf, Aaron, Crake, Dingeldey, Douglas, Garfield, Gosling, Huntoon, Jensen, Johnson. (22) 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, do hereby certify that the foregoing resolution is a true and accurate copy of a resolution adopted by the Oakland County Board of Commissioners on October 21, 1993 with the original record thereof now remaining in my office. In Testimony Whereof, I have hereunto net my hand and 7ffixed the seal of the County of Oakland at Pontiac, Michigan this 21st day of October 1993. LyvIr D. Allen, County :lerk