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HomeMy WebLinkAboutResolutions - 1998.09.24 - 25529-w. MISCELLANEOUS RESOLUTION #98217 September 24, 1998 BY: FINANCE COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON IN RE: BOARD OF COMMISSIONERS - 1998 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, by Misc. Resolution #95265, created the Millage Reduction and Stabilization Fund which accumulated a balance of $4,375,000 attributable to cost saving measures implemented over time; and WHEREAS the Board of Commissioners and County Executive was desirous of utilizing these funds to further reduce the Property Tax Rate below the 1996 rate of 4.3805 mills by .03 mill which would 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 Board of Commissioners, upon the recommendation of the County Executive, adopted Misc. Resolution #97191 establishing a 1997 County Property Tax rate of 4.3505 mills, .13 mills less than the Maximum Allowable Tax Levy as constrained by State law, equivalent to a total tax reduction of $5.1 million; and FINANCE COMMITTEE VOTE: Motion carried unanimously on a roll call vote. WHEREAS the County Executive recommends that the County tax rate be set at 4.1900 mills, .1605 mill less than the 1997 millage rate and .2905 mill below the Maximum Allowable Tax Levy as constrained by State law, equivalent to a total tax reduction of $11.3 million; and WHEREAS the Finance Committee recommends that the 1998 County General Fund Property Tax rate be set at 4.1900 mills, .2905 mill below the maximum allowable tax rate; the Oakland County Parks & Recreation Tax rate be set at .2429 mill, .0010 mill below the maximum allowable tax rate; and the Huron-Clinton Metro Park Authority Tax rate be set at .2235 mill, .0001 mill below the maximum allowable tax rate; and WHEREAS $163,663,501 is the estimated amount of the 1999 County General Fund Budget to be raised by taxation based on the 1998 Taxable Value of all property located in Oakland County ($39,060,501,498) at the recommended rate of 4.1900 mills, together with the voted .2429 mill for Parks & Recreation of $9,487,796 and the .2235 mill for the Huron- Clinton Authority of $8,730,022. 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 1998 the following tax rates to be applied to the 1998 Taxable Value of all property located within their respective jurisdictions: 1998 County Voted for Huron-Clinton General Property Tax Levy Parks & Recreation Park Authority 4.1900 Mills .2429 Mill .2235 Mill Mr. Chairperson, on behalf of the Finance Committee, I move adoption of the foregoing resolution. INANCE COMMITTE uc;oet County6;;Z: E FOREGOING RF.rr-'' Date 5.A 7 age Lynx i D. Allen, County Clerk Resolution #98217 September 24, 1998 Moved by Douglas supported by Obrecht the resolution be adopted. AYES: Douglas, Garfield, Gregory, Hoffman, Holbert, Huntoon, Jacobs, Jensen, Johnson, Kaczmar, Kingzett, Law, McCulloch, McPherson, Millard, Moffitt, Obrecht, Palmer, Schmid, Taub, Wolf, Amos, Coleman, Dingeldey. (24) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. '1 HEFT:9Y L. Brooks PA 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 24, 1998 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 24th day cpf Septemjpgz 1998.