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HomeMy WebLinkAboutResolutions - 1997.09.25 - 25212MISCELLANEOUS RESOLUTION #97191 September 25, 1997 BY: FINANCE & PERSONNEL COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON IN RE: BOARD OF COMMISSIONERS - 1997 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 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 Michigan Law (MCL 211.34d(16) permanently reduced the County's Maximum Allowable Tax Rate to the 1994 "Headlee" rollback ( Article 9, Section 31 of the Michigan Constitution) 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 42 of 1995, "Truth in Budgeting" Act, allows the County Board of Commissioners to hold a single public hearing as a prerequisite to both approval of the Property Tax Levy and Budget adoption, if the recommended property tax rate necessary to support the ensuing year's operating budget is included in the General Appropriations Act; and WHEREAS the Board of Commissioners, upon the recommendation of the County Executive, adopted Misc. Resolution #96225 establishing a 1996 County Property Tax rate of 4.3805 mills, 1/10 (.1) mill less than the Maximum Allowable Tax Levy as constrained by State law, equivalent to a total tax reduction of $3.4 million; and WHEREAS the Board of Commissioners, by Misc. Resolution #95265, created the Millage Reduction and Stabilization Fund which has accumulated a current balance of $4,375,000 attributable to cost saving measures implemented over time; and WHEREAS the Board of Commissioners and County Executive is desirous of utilizing these funds to further reduce the Property Tax Rate by .03 mill which will consume the accumulated balance over a four (4) year time frame without jeopardizing the County's ability to deliver quality public services; and WHEREAS the County Executive recommends that the County tax rate be set at 4.3505 mills, thirteen hundredths (.13) mill less than the Maximum Allowable Tax Levy as constrained by State law, equivalent to a total tax reduction of $4.7 million; and WHEREAS the Finance Committee recommends that the 1997 County General Fund Property Tax rate be set at 4.3505 mills, thirteen hundredths (.13) mill below 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 $158,656,405 is the estimated amount of the 1998 County General Fund Budget to be raised by taxation based on the 1997 Taxable Value of all property located in Oakland County ($36,468,545,005) at the recommended rate of 4.3505 mills, together with the voted .2439 mill for Parks & Recreation of $8,894,678 and the .2236 mill for the Huron-Clinton Authority of $8,154,367. 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 1997 the following tax rates to be applied to the 1997 Taxable Value of all property located within their respective jurisdictions: 1997 County Voted for Huron-Clinton General Property Tax Levy Parks & Recreation Park Authority 4.3505 Mills .2439 Mill .2236 Mill BE IT FURTHER RESOLVED the 1998 General Appropriations Act be amended to include the following language: "BE IT FURTHER RESOLVED that the Oakland County Board of Commissioners proposes to levy a millage rate of 4.3505 mills upon the total Taxable Value of Real and Personal Property so as to generate $158,656,405 to support the 1998 County General Fund/General Purpose Operating Budget. BE IT FURTHER RESOLVED that $1,093,750 be transferred from the MIllage Reduction and Stabilization Fund to the General Fund to offset the corresponding reduction in property tax revenue." Mr. Chairperson, on behalf of the Finance & Personnel Committee, I move adoption of the foregoing resolution. FINANCE & PERSONNEL COMMITTEE A PPR THE FOREGr" Patterson, County Executwe Resolution #97191 September 25, 1997 Moved by Douglas supported by Schmid the resolution be adopted. AYES: Dingeldey, Douglas, Holbert, Huntoon, Jacobs, Jensen, Johnson, Kaczmar, Kingzett, Law, McCulloch, McPherson, Millard, Moffitt, Obrecht, Palmer, Pernick, Schmid, Taub, Wolf, Amos, Coleman, Devine. (23) NAYS: Garfield. (1) 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 September 25, 1997 with the original record thereof now remaining in my office. In Testimony Whereof, I have hereunto set my hand and affixed the seal of the County of Oakland at Pontiac, Michigan this 25th day of September 1997. Lyn D. Allen, County Clerk