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HomeMy WebLinkAboutResolutions - 1995.12.07 - 24382. 'December 7, 1995 REPORT (Misc. #95265) BY: FINANCE AND PERSONNEL COMMITTEE - JOHN P. MCCULLOCH, CHAIRPERSON IN RE: M.R. #95265, CREATION OF MILLAGE REDUCTION FUND To the Oakland County Board of Commissioners Ladies and Gentlemen: The Finance and Personnel Committee, having reviewed MR. #952GS, reports with the recommendation that the resolution be amended as follows: ADD THE FOLLOWING NEW TITLE; M.12 #95265, "CREATION OF MILLAGE REDUCTION AND STABILIZATION FUND" IN THE BODY OF THE RESOLUTION. ADD THE FOLLOWING NW LANGUACR! WHEREAS changing financial conditions at the federal and state government levels may adversely impact Oakland County government resources in future years; and WHEREAS the County Administration and Board of Commissioners wish to work cooperatively with the other elected officials to strategize and plan for future needs of the County; and WHEREAS from time to time permanent cost savings are realized by cutting expenditures or increasinc efficiencies; and WHEREAS unless those permanent cost savings are used to reduce or stabilize Oakland County's millage rate, the benefit of such savings are not apparent to the taxpayers; and WHEREAS no fund exists to account for permanent savings dedicated to relieving or stabilizing the tax burden on Oakland County residents and businesses. NOW THEREFORE BE IT RESOLVED that the 1956 General Appropriations Act be amended by adding the following: "BE IT FURTHER RESOLVED thaL a Millage Reduction and Stabilization Fund (Fund) be created for the primary purpose of reducing the county's miliage rate. Resources shall be placed in the Fund hy action of the Board of Commissioners and may be appropriated from this Fund only if the following two conditions are met: 1. The appropriation is made sy resolution adopted by a 2/2 vote oi the members elected and serving on the Oakland County Board of Commissioners. 2. Such an appropriation resolution can only be adopted following a 28-day notice and public hearing." BE :T FURTHER RESOLVED that the initial deposit be made into this Fund of $3,256,3C'.: on or about March 1, 1556. Chairperson, on behalf of the Finance and Personnel .Comittee, : move acceptance of the foregoing Report. FINANCE AND PERSONNEL COMMITTEE 4 .. October 12, 1995 Miscellaneous Resolution 4 95265 BY: John P. McCulloch, County Commissioner-District #22 Jeff Kingzett, County Commissioner-District #7 RE: CREATION OF MILLAGE REDUCTION FUND TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Ladies and Gentlemen: WHEREAS, Oakland County's financial statements show that the county maintains more than 160 separate funds for purposes large and small; and WHEREAS, these funds are established to account for earmarked or dedicated revenue; and WHEREAS, from time to time permanent cost savings are realized by cutting PxpenditureR or increasing efficiencies; and WHEREAS, unless those permanent cost savings are used to reduce Oakland County's millage rate, the benefit of such savings are not apparent to the taxpayers; and WHEREAS, no fund exists to account for excess revenues dedicated to relieving the tax burden on Oakland County residents and businesses. NOW THEREFORE BE IT RESOLVED the Oakland County Board of Commissioners hereby establishes a Millage Reduction Fund. BE IT FURTHER RESOLVED that funds will be placed in the Millage Reduction Fund in the following ways: 1) The annual amount of permanent savings and effiriencies realized during the course of a budget year may be placed into the Millage Reduction Fund as those changes are made, based on a majority vote of the Oakland County Board of Commissioners, or 2) Permanent savings and efficiencies realized in the budget process may be placed into the Millage Reduction Fund, or 3) Any other money which the Board of Commissioners may place into the Millage Reduction Fund. BE IT FURTHER RESOLVED that transfers from this fund for any purpose other than millage reduction may be done only following a 28-day notice and public hearing. Mr. Chairperson, we move the adoption of the foregoing resolution. lint/ CC1 ____----- atterson. ________ County Executve L. Eirooi •.• Cato In Testimony Whereof, I have hereunto set my hand a County of Oakland at Pontiac, Michigan this 7th day ;fixeq*ztlehe i,e4tajm he ecembe?%3 19f .Ver4 •1 Resolution 495265 December 7, 1995 Moved by McCulloch supported by Kingzett the Finance and Personnel Committee Report be accepted. A sufficient majority having voted therefor, the report was accepted. Moved by McCulloch supported by Kingzett the resolution be adopted. Moved by McCulloch supported by Kingzett the resolution be amended to coincide with the recommendation in the Finance and Personnel Committee report. A sufficient majority having voted therefor, the amendment carried. Vote on resolution, as amended: AYES: Devine, Dingeldey, Douglas, Garfield, Holbert, Huntoon, Jacobs, Jensen, Johnson, Kaczmar, Kingzett, Law, McCulloch, McPherson, Moffitt, Obrecht, Palmer, Pernick, Powers, Schmid, Taub, Wolf, Amos, Crake. (24) NAYS: None. (0) A sufficient majority having voted therefor, the resolution, as amended. was adopted. / HEREBY. FOREGO waRi2 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 December 7, 1995 with the original record thereof now remaining in my office. Lynn D. Allen, County Clerk