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HomeMy WebLinkAboutResolutions - 2001.09.20 - 26652MISCELLANEOUS RESOLUTION #0248 September 20, 2001 BY: FINANCE COMMITTEE, SUE ANN DOUGLAS, CHAIRPERSON IN RE: BOARD OF COMMISSIONERS - 2001 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 (voter approved 8/8/78) and a voter approved (8/7/90 for ten-years) .2500 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 2001 "Headlee" rollback ( Article 9, Section 31 of the Michigan Constitution) tax rate of 4.3259 mills, a Parks & Recreation maximum allowable tax rate of .2352 mill and a Huron-Clinton Authority maximum allowable tax rate of .2186 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 #98217 establishing a 1998 County Property Tax rate of 4.1900 mills, .273 mills less than the Maximum Allowable Tax Levy as constrained by State law, equivalent to a total tax reduction of $10.7 million in 1998, $9.6 million in 1999, and $7.9 million in 2000, respectively, for a three-year total taxpayer savings of $28.2 million; and WHEREAS the County Executive recommends that the County 2001 tax rate be set at 4.1900 mills, same as the 1998, 1999 and 2000 millage rates, .1359 mill below the Maximum Allowable Tax Levy as constrained by State law, equivalent to a tax reduction of $6.5 million, without jeopardizing the County's ability to deliver quality public services; and WHEREAS the Finance Committee recommends that the 2001 County General Fund Property Tax rate be set at 4.1900 mills, .1359 mill below the maximum allowable tax rate; the Oakland County Parks & Recreation Tax rate be set at .2352 mill, the maximum allowable tax rate; and the Huron-Clinton Metro Park Authority Tax rate be set at .2186 mill, the maximum allowable tax rate; and WHEREAS $199,681,698 is the estimated amount of the FY2002 County General Fund Budget to be raised by taxation based on the 2001 Taxable Value of all property located in Oakland County ($47,656,729,878) at the recommended rate of 4.1900 mills, together with the voted .2352 mill for Parks & Recreation of $11,208,863 and the .2186 mill for the Huron-Clinton Authority of $10,417,761. FINANCE COMMITTEE Motion carried unanimously on a roll call vote with Friedman Appel absent. 4.1900 Mills .2352 Mill .2186 Mill 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 2001 the following tax rates to be applied to the 2001 Taxable Value of all property located within their respective jurisdictions: 2001 County Voted for Huron-Clinton General Property Tax Levy Parks & Recreation Park Authority Mr. Chairperson, on behalf of the Finance Committee, I move adoption of the foregoing resolution. FINANCE COMMITTEE 'COAKIAND r- - _ - .....--... ...... COUNTY MICHIGAN DEPARTMENT OF MANAGEMENT AND BUDGET Jeffrey C. Pardee, Director Laurie Van Pelt. Deputy Director - September 13, 2001 To: Sue Ann Douglas, Chairperson Board of Commissioners Finance Committee Re: Recommended Oakland County 2001 Ad Valorem Property Tax Rate The Oakland County 2000 Ad Valorem Property Tax Rate of 4.1900 mills is included in the County Executive's FY2002 - 2003 Biennial Budget Recommendation to support County operations. The Board of Commissioners, upon the recommendation of the County Executive, adopted Misc. Resolution #98217 establishing a 1998 County Property Tax rate of 4.1900 mills, .273 mills less than the Maximum Allowable Tax Levy as constrained by State law, equivalent to a total tax reduction of $10.7 million in 1998, $9.6 million in 1999, and $7.9 million in 2000, respectively, for a three-year total taxpayer savings of $28.2 million. The County Executive recommends that the County 2001 tax rate be set at 4.1900 mills, same as the 1998, 1999 and 2000 millage rates, .1359 mill below the Maximum Allowable Tax Levy as constrained by State law, equivalent to a tax reduction of $6.5 million, without jeopardizing the County's ability to deliver quality public services. If the Board of Commissioners adopts the foregoing recommendation, Oakland County, at 4.19 mills, will continue to have the second lowest operating millage tax rate of the 83 counties in the State of Michigan. The tax rate computations required by the Headlee constitutional tax limitation amendment, "Truth in Equalization" Act, "Truth in Taxation" Act, and "Truth in Budgeting" Act are enclosed. In compliance with the "Truth in Taxation" Act, the Board of Commissioners may levy a millage rate up to the Adjusted Base Tax Rate of 3.9341 mills without holding a Public Hearing. The Board has the further discretion of levying up to 4.3259 mills, after holding a Public Hearing and adopting a separate resolution specifying the "Increased Tax Rate." The Board shall not levy a tax rate in excess of the Allowable Tax Levy of 4.3259 mills without a referendum. L. BROOKS PATTER,......, - _ . _ _ EXECUTIVE OFFICE BUILDING 34 EAST • 1200 N TELEGRAPH RD DEPT 409 • PONTIAC MI 48341-0409 • (248) 858-0487 • FAX (248) 858-9172 Public Act 42 of 1995, however, simplifies the public hearing process by allowing local units of government to combine the required public hearings for the Property Tax Levy with that required for Budget Adoption provided the tax rates necessary to support the budget are included in the General Appropriations Act in compliance with the "Truth in Budgeting" Act, Public Act 41 of 1995. Therefore, the proposed resolution adopting the 2001 Property Tax Levy also amends the 2002 General Appropriations Act to incorporate the tax rate and related revenue necessary to support the 2002 General Fund/General Purpose Operating Budget. If you have any questions or need for further information, please contact my office. Respectfully, Jeffrey C. Pardee, C.P.F.O. Director, Dept. of Management & Budget OAKLAND COUNTY, MICHIGAN 2002 BUDGET 2001 TAX RATE COMPUTATION The property tax rate computation and setting of the County's Ad Valorem Property Tax Rate are impacted by several State statutes, including: - The Headlee constitutional tax limitation amendment, adding section 211.34d of the Michigan Compiled Laws, subsequently amended by PA 539 of 1982, - The "Truth in Equalization" Act, Public Act 213 of 1981 amending section 211.34 of the Michigan Compiled Laws, - The "Truth in Taxation" Act, Public Act 5 of 1982, adding section 211.24e of the Michigan Compiled Laws, subse- quently amended by PA 2 of 1986 (Convention Facility Tax) and PA 264 of 1987 (Cigarette Tax) - Public Hearing Requirements for Local Units of Govern- ment. Public Acts 40, 41 and 42 of 1995 set forth the public hearing requirements for local units of government regarding budget adoption and property taxation to support budget appropriations. A capsule statement of the purpose of each statute as well as the computation of their respective rollback fractions are provided in attached Schedules I, II, III and IV. Prior to 1994, the Headlee and "Truth in Equalization" rollback were compound reductions based on the County's maximum authorized operating levy of 5.26 mills. Starting in 1995, the COMPOUND MILLAGE REDUCTION FRACTION (2IRF) is no longer required to be calculated. This is true because MCL 211.34d(16) states that, starting in 1994, the "Headlee" millage reduction PERMANENTLY reduced the maximum rate(s) authorized by law or charter. Starting in 1995, the current Millage Reduction Fraction (MRF) is all that is required. Headlee Rollback Maximum Authorized Levy 2001 Millage Reduction Fraction Headlee Authorized Levy 4.3688 mills 0.9902 4.3259 mills Truth in Equalization Rollback Headlee Authorized Levy 2001 Sec. 34 Rollback Fraction Allowable Tax Levy 4.3259 mills 1.0000 4.3259 mills 1 Truth in Taxation Rollback The Truth in Taxation Base Tax Rate is computed against the millage actually levied in the immediately concluding fiscal year. 2001 Actual Tax Rate 4.1900 2001 Base Tax Rate Fraction 0.9595 2001 Base Tax Rate 4.0203 2001 Adjusted Base Tax Rate 3.9341 (See Schedule IV) The Board of Commissioners may levy a millage rate up to the Adjusted Base Tax Rate of 3.9341 mills without holding a Public Hearing. The Board has the further discretion of levying an additional millage rate, up to 4.3259 mills, only after holding a public hearing and adopting a separate resolution specifying the Increased Tax Rate. (See Page 9 for optional Public Hearing requirements under Public Act 42 of 1995.) The Board shall not levy i tax rate in excess of the Allowable Tax Levy of 4.3259 mills without a referendum. Prepared by Department of Management & Budget September 5, 2001 2 SCHEDULE I HEADLEE COMPUTATION COMPOUNDED MILLAGE REDUCTION FRACTION The Headlee Tax Limitation referendum amended Article IX of Michigan Constitution by adding Section 31 which, in part, specifies: "If the assessed valuation of property as finally equalized, excluding the value of new construction and improvements, increases by a larger percentage than the increase in the General Price Level from the previous year, the maximum authorized rate applied thereto in each unit of Local Government shall be reduced to yield the same gross revenue from existing property, adjusted for changes in the General Price Level, as could have been collected at the existing authorized rate on the prior assessed value." The tax limitation is computed by determining the Millage Reduction Fraction* (MRF) for the current year. PA 415 of 1994 changed the formula for calculating the MRF by substituting Taxable Value for State Equalized Value (SEV). The Millage Reduction Fraction is not permitted to exceed 1.0000. The new formula is computed as follows: (2000 Total Taxable Value-Losses) X Consumer Price Index 2001 Taxable Value - Additions = 2001 MRF (44,370,760,909 - 783,500,856) x 1.032** 47,656,729,878 - 2,231,743,249 = 0.9902 2001 MILLAGE REDUCTION FRACTION = 0.9902** PA 539 of 1982, effective March 30, 1983, changed the formula for computing the MRF by subtracting losses from the numerator rather than adding losses to the denominator. This makes the computation consistent with the formula used for "Truth in Taxation". 1999 increase of 3.2% in the Consumer Price Index as reported by the United States Department of Labor. *** PA 145 of 1993 - Section 34d(7) - The State School Finance Act specifies that "For each year after 1993, a millage reduction fraction shall not exceed 1.0000." ** 3 SCHEDULE II "TRUTH IN EQUALIZATION" 2001 ROLLBACK FRACTION Public Act 213 of 1981, "Truth in Equalization Act," which applies to counties and other taxing authorities other than school districts, amended Section 211.34 of the Compiled Laws of Michigan so that the taxing jurisdiction would be restricted to an operating levy based on that unit's authorized valuation total rather than a full levy based on the State Equalized Valuation. The Act restricts the County to a levy rate for operating purposes which will yield no more revenue on the total State Equalized Valuation (S.E.V.) of the County than the maximum authorized millage rate would have produced if levied on the total County Equalized Valuation (C.E.V.). There is no provision for removal of the "Truth in Equalization" rollback other than by placing a valuation on County property equal to the State equalized level. Starting in 1995, the language of MCL 211.34 results in a different Rollback .Fraction because taxes will be levied against Taxable Value, not SEV. The following is the formula for calculating the Truth in County Equalization Rollback starting in 1995. Total Taxable Value Based on CTV For All Classes Total Taxable Value Based on STV For All Classes = 211.34 Rollback 47,656,729,878 47,656,729,878 = 1.0000 2001 Sec. 34 Rollback Fraction = 1.0000 4 SCHEDULE III "TRUTH IN TAXATION" BASE TAX RATE FRACTION Public Act 5 of 1982 added section 211.24e to the Compiled Laws of Michigan which requires that any local unit of government which levied more than one mill in 2000 shall either reduce its 2001 levy rate to compensate for an increased tax base or advertise its intention to increase property taxes and hold a public hearing to allow for taxpayer intervention. No sooner than seven days after the public hearing, the governing body may then increase taxes by a vote of its members, provided that in no case can the levy rate exceed the allowable rate which results from the reduction required by the "Truth in Equalization" Act, Sec. 211.34, and the Headlee Amendment, Sec. 211.34d. It is important to note that the Base Tax Rate that results from application of the "Truth in Taxation" Act is based on the rate actually levied in the concluding fiscal year whereas the Headlee and "Truth in Assessing" rollbacks are based on maximum authorized operating rates regard- less of the rate which was actually levied in the preceding year. The primary change in the formula beginning in 1995, due to implementation of Proposal A, is the incorporation of Taxable Value rather than SEV. The 2001 section 211.24e Base Tax Rate Fraction is computed as follows: 2000 Total Taxable Value - Losses 2001 Total Taxable Value - Additions = 2001 Base Tax Rate Fraction 44,370,760,909 - 783,500,856 47,656,729,878 - 2,231,743,249 = 0.9595 2001 Base Tax Rate Fraction = 0.9595 5 SCHEDULE IV CONVENTION FACILITY ACTS: Public Act 106 of 1985, the "State Convention Facility Development Act", provides for a tax to be imposed on room accommodations in a qualifying convention hotel located in Detroit, Wayne, Oakland and Macomb Counties. The revenue generated under this act is dedicated to cover the debt service on the Cobo Hall expansion. Public Act 107 of 1985, the "Tourism and Convention Facility Promotion Tax Act", increases the tax on liquor sold to bar owners or retail outlets for consumption off the premises. The revenue is placed in the Convention Facility Development Fund, distribution is: a. Cover any portion of the Cobo Hall debt service not covered by the hotel tax. b. The 80 counties outside the metro-Detroit area are then reimbursed 100% of the liquor tax collected in their counties. c. Balance of the funds is split between the City of Detroit and Wayne, Oakland and Macomb Counties in proportion to the level of liquor taxes collected. Under Act 106, counties share in the convention facility tax revenues generated by imposition of Acts 106 and 107 when these revenues exceed the debt service requirements for convention facilities. As a result, Oakland County has received the following amounts since 1988: Year Amount 1988 $692,768 1989 $ 17,257 1990 $248,441 1991 $385,708 1992 $465,043 1993 $445,745 1994 $494,404 1995 $881,553 1996 $1,117,698 1997 $1,580,314 1998 $1,743,260 1999 $2,051,418 2000 $2,487,955 2001 $2,873,478 2002 $3,198,786 (Est.) The 2001 actual revenue is $49,738 more than the original estimate and, therefore, must be added to the 2002 estimate of $3,198,786 for purposes of computing the total ($3,248,524) convention facility/liquor tax component of the 2001 truth-in-taxation adjusted base tax rate . Public Act 2 of 1986 amends the "Truth-in-Taxation" law to require counties to reduce their base tax rate by the estimated revenues (adjusted for the difference between prior year actual and prior year estimate) distributed under Acts 106 and 107. Counties may follow the truth-in-taxation public hearing process to use the revenues for increased spending, however, 50% of the revenue not 6 used to reduce the millage rate is required to be used for substance abuse programs. CIGARETTE TAX ACTS: Public Act 219 of 1987 increased the cigarette tax by four cents ($.04) per pack (2 mills per cigarette packaged 20 to a pack). The proceeds are deposited in its entirety to the "Health and Safety Fund" created by Public Act 264 of 1987. Of the total tax col- lected: a. 25% is distributed to the Department of Social Services (now the Family Independence Agency) b. The first $16,000,000 of the remaining 75% is distributed to Wayne County. c. The balance is divided among the remaining counties based upon the most recent census. The State Department of Treasury originally estimated that 82 Michigan counties, excluding Wayne County, would share 5.3 percent of cigarette tax revenue (approximately $17,000,000) on a per capita basis using the decennial federal census figures. As a result, Oakland County has received the following amounts since 1989: Year Amount 1989 $2,335,583 1990 $2,194,033 1991 $2,210,837 1992 $2,078,173 1993 $2,006,736 1994 $1,604,090 1995 $1,258,810 1996 $ 994,709 1997 $1,144,903 1998 $ 767,028 1999 $ 921,107 2000 $1,176,549 2001 $ 926,520 2002 $ 973,997 (Est.) The 2001 actual revenue is $114,761 less than the original estimate and, therefore, must be subtracted from the 2002 :estimate of $973,997 for purposes of computing the total ($859,236) cigarette tax component of the 2001 truth-in-taxation adjusted base tax rate. Public Act 264, of 1987 requires a county to reduce its base tax rate for truth-in-taxation purposes by an amount determined by dividing the estimated cigarette tax revenue (adjusted for the difference between prior year actual and prior year estimate) by the state equalized value of the county. The cigarette tax revenue, to the extent not used to reduce the county's millage rate, must be used for the following purposes. A. 11/17 of the distribution to the county health department for public health prevention programs and services. This distribution is in addition to and is not intended as a 7 replacement for any state or county payments to these health departments. B. 5/17 of the distribution shall be used only for the operation, maintenance, or expansion of an existing county jail facility or juvenile facility; for the acquisition, construction, and equipping of a new jail facility or juvenile facility; or for court operations. C. 1/17 of the distribution is not restricted to specific purposes and is to be included with other County revenues budgeted by the Board of Commissioners. Total 2001 Taxable Value Unadjusted Base Tax Rate Unadjusted Revenue Base Less: Convention Facility Tax Revenue Cigarette Tax Revenue Adjusted Revenue Base $47,656,729,878 4.0203 Mills $ 191,594,351 3,248,524 859,236 $ 187,486,591 Adjusted Base Tax Rate = Adjusted Revenue Base Total Taxable Value = $ 187,486,591 $ 47,656,729,878 = 3.9341 Mills 8 SCHEDULE V PUBLIC HEARING REQUIREMENTS FOR LOCAL UNITS OF GOVERNMENT Public Act 40 of 1995 - Budget Hearings for Local Government This Act amends the law that requires local governments to hold a public hearing on their proposed budget and to give notice of the hearing. The local government must give notice of the budget hearing by publication in a newspaper of general circulation at least six (6) days before the hearing. The notice shall include the time and place of the hearing and state the place where a copy of the budget is available for public inspection. Public Act 40 requires that the notice must also include the following statement in its budget hearing notice, printed in 11-point boldface type: "THE PROPERTY TAX MILLAGE RATE PROPOSED TO BE LEVIED TO SUPPORT THE PROPOSED BUDGET WILL BE A SUBJECT OF THIS HEAR- ING." Public Act 41 of 1995 - Truth in Budgeting Act The Uniform Budgeting Act has been amended, adding Section 16, to require that the General Appropriations Act adopted by the legislative body of a local unit of government must set forth the total number of mills of ad valorem property taxes to be levied and the purposes for which the millage is to be levied. This subsec- tion shall be known as and may be cited as "THE TRUTH IN BUDGETING ACT". Public Act 42 of 1995 - Notice and Public Hearing Requirements This Act specifies that if the taxing unit complies WITH SECTION 16 of the Uniform Budgeting Act, RA 2 of 1968, as amended by PA 41 of 1995, it need not comply with the notice and public hearing requirements of the truth-in-taxation section of the General Property Tax Laws and is exempt from holding a truth-in-taxation public hearing. 9 Mr. Chairperson, I move to set a Public Hearing on the 2002 Budget and General Appropriations Act and the 2001 Tax Rates necessary to support the 2002 Budgets for Oakland County Government, Oakland County Parks & Recreation, and the Huron/Clinton Metropolitan Park Authority for Thursday, September 20, 2001 at 10:00 am in the Board of Commis- sioners Auditorium and that the Board of Commissioners authorizes publication of Notice of Public Hearing in a newspaper of general circulation. 10 L-4029 ORIGINAL TO: County Clerk(s) COPY TO: Equalization Department(s) COPY TO: Each township or city clerk Michigan Depadment of Treasury. SIC 614 (3-99) This form is issued under authority of MCI Sections 211.24e. 211.34 and 211.34d. Fling is mandatory; Penalty applies. Prepared by Oakland County Equalization Telephone Number (248) 858-0752 Title of Preparer Tax Standards Specialist Date 2001 TAX RATE REQUEST (This form must be completed and submitted on or before October 1.2001) MILLAGE REQUEST REPORT TO COUNTY BOARD OF COMMISSIONERS County 2001 Taxable Value of ALL Properties in the Unit as of 5-1-01 OAKLAND 47,656,729,878 Local Government Unit For LOCAL School Districts: 2001 Taxable Value of Non-Homestead and COUNTY OF OAKLAND Non-Qualified Agricultural Propedies if s millage is Levied Against Them. You must complete this form for each unit of government for which a property tax is levied. Penalty for non-filing is provided under MCL Sec 211.119. The following tax rates have been authorized for levy on the 2001 tax roll. PLEASE READ THE INSTRUCTIONS ON THE REVERSE SIDE CAREFULLY (1) (2) (3) (4) (8)** (6) (7) (8) (9) (10) (11) (12) 2000 2001 2001 Millage Millage Millage Millage Rate Current Year Millage Rate Sec 211.34 Maximun Requested Requested Expiration Authorized Permanently Millage Permanently Millage Allowable to be to be Date of Purpose of Date of by Election, Reduced by Reduction Reduced by Rollback Millage Levied Levied Millage Source Millage Election Charter, etc. MCL 211.34d Fraction MCL 211.34d Fraction Levy* July 1 Dec. 1 Authorized Voted Operating 08/08/78 5.2600 4.3688 0.9902 4.3259 1.0000 4.3259 Voted Parks & Rec 08/07/90 0.2500 0.2376 0.9902 0.2352 1.0000 0.2352 As the representatives for the local government unit named above, we certify that these requested tax levy rates have been reduced, if necessary to comply with the state constitution (Article 9, Section 31), and that the requested levy rates have also been reduced, if necessary, to comply with MCL Sections 211.24e and 211.34. and, for LOCAL school districts which levy a Supplemental (Hold Harmless) Millage, 380.1211(3). O Clerk O Secretary O Chairperson o President Signature Type Name Date Signature Type Name Date * Under Truth in Taxation, MCL Section 211.24e, the governing body may decide to levy a rate which will not exceed the maximum authorized rate allowed in column 9. The requirements of MCL 211.24e must be met prior to levying an operating levy which is larger than the base tax rate but not larger than the rate in column 9. " IMPORTANT: See instructions on the reverse side regarding where to find the millage rate used in column (5). TAXING AUTHORITY Oakland County Oakland County Parks & Recreation FORM L-4028 COUNTY AND VILLAGES 2001 MILLAGE REDUCTION FRACTION COMPUTATIONS VALUATION WITHIN OAKLAND COUNTY 2000 TAXABLE 44,370,760,909 44,370,760,909 2001 TAXABLE 47,656,729,878 47,656,729,878 LOSSES ADDITIONS TAXABLE TAXABLE 2001 2001 2001 M.R.F. B.T.R.F. T.I.A. 783,500,856 2,231,743,249 0.9902 0.9595 1.0000 783,500,856 2,231,743,249 0.9902 0.9595 1.0000 Huron-Clinton Metro Authority 44,370,760,909 47,656,729,878 783,500,856 2,231,743,249 IC* IC* IC* VILLAGE Beverly Hills Bingham Farms Franklin Holly Lake Orion Leonard Milford Ortonville Oxford Wolverine Lake 424,054,094 450,486,204 165,729,210 175,783,100 197,724,630 213,169,920 101,033,490 106,543,710 80,340,780 88,255,510 10,837,310 11,125,650 177,908,695 193,025,425 31,894,900 34,418,610 104,657,782 110,717,451 117,006,650 124,179,040 1,259,430 3,463,752 1,625,340 950,950 682,433 174,240 1,243,910 93,380 2,816,450 143,610 4,236,900 0.9778 0.9474 1.0000 8,390,390 1.0000 0.9694 1.0000 8,164,830 0.9872 0.9566 1.0000 3,096,970 0.9984 0.9675 1.0000 5,120,590 0.9888 0.9582 1.0000 138,270 1.0000 0.9705 1.0000 7,316,870 0.9817 0.9513 1.0000 881,142 0.9786 0.9482 1.0000 4,233,520 0.9870 0.9564 1.0000 1,687,950 0.9846 0.9541 1.0000 Revised 6/25/01 City of Ferndale 9/4/01 Page 1 of 1 855 (Rey. 3-99), Formerly 1.4209 STATE TAX COMMISSION P.O. BOX 30471 LANSING. MICHIGAN 48909-7971 Phone: (517) 373-0500 FAX: (517) 241-2621 enwareasury.state.mLus COMMISSION MEMBERS rga,„ Mark A. HIlpart, Chairpetson ,,'Obikeelery F. Holt twee obert Lupi , r STATE 'OF CH I GAN JOHN ENGLE-R. Governor - DEPARTMENT OF TREASURY Dennis W. Platte, Secretary MARK A. MURRAY. State Treasurer .4 2000 E,pAKLAAir.„ • w,JALsz.A.T,`",1/4-0t/iv-ry DivisioN BULLETIN NO. 13 INFLATION RATE OCTOBER 18, 2000 DATE: October 18, 2000 TO: Assessors Equalization Directors FROM: State Tax Commission RE: INFLATION RATE FOR USE IN THE 2001 CAPPED VALUE FORMULA AND THE 2001 "HEADLEE" MILLAGE REDUCTION FRACTION (MRF) FORMULA A) Inflation Rate Used in the 2001 Capped Value Formula The inflation rate, expressed as a multiplier, to be used in the 2001 Capped Value Formula is 1.032. (The inflation rate for 2000 calculations was 1.019) The 2001 Capped Value Formula is as follows: 2001 CAPPED VALUE = (2000 Taxable Value — LOSSES) X 1.032 + ADDITIONS The formula above does not include 1.05 because the inflation rate of 1.032 is lower than 1.05. B) Inflation Rate Used in 2001 "Headlee" Calculations The inflation multiplier of 1.032 shall ALSO be used in the calculation of the 2001 "Headlee" Millage Reduction Fraction required by Michigan Compiled Law (MCL) 211.34d. The formula for calculating the 2001 "Headlee" Millage Reduction Fraction (MRF) is as follows: 2001 MRF = (2000 Taxable Value — LOSSES) X 1.032 2001 Taxable Value - ADDITIONS Post-ir Fax Note 7671 Date ji....,71/..4 / Iptegfes• eg To 7741 ,ts0,14,6 From CoJDept. Co. Phone #(/) irs-e-ole 7 'Phm° tr.ro) 3 73-074 97 Fax * Cgvd7) 54s-44 _.,:R/ sip Fax V 3500 (Rev. 401) W 'ir STATE OF MICHIGAN John Engler, Governor DEPARTMENT OF TREASURY Douglas B. Roberts, State Treasurer i rct.1-10tJt< 1-..1K H f-ax:Dir-13,55-3-t* Hug 14 iUUi 15:5i P. Ca MICHIGAN PEPAINOT t) TREASURY August 14, 2001 Mr. Frank Millard, Jr. Chairperson Oakland County Board of Commissioners 5728 Warbler Clarkston, MI 48346 Dear Mr. Millard, Jr.: TRI-COUNTY CONVENTION FACILITIES TAX/4% STATE-WIDE LIQUOR TAX Distribution for 2002 Counties share in the tri-county convention facilities tax levied under Act 106 of 1985 and the 4 percent liquor tax levied under Public Act 107 of 1985 when those revenues exceed the debt service requirements for convention facilities. Public Act 2 of 1986 requires the State Treasurer to annually certify an estimate of revenues to be received by counties under Act 106. The estimated amount of the convention facility/liquor tax distribution to Oakland County from FY 2000-01 collections is $3,198,786. The actual distribution to counties will be made in early 2002. Reduction in Base Tax Rate for 2001 Truth-In-Taxation Hearing Purposes Counties are required to use the estimate to reduce their base tax rate for 2001 truth-in-taxation hearing purposes under Public Act 2 of 1986. The law also requires that the estimate is to be adjusted by the difference between the estimated and actual distribution for the prior year. The difference for Oakland County between the actual last distribution and the Department of Treasury estimate of the last distribution is $49,738. Therefore, the amount of the convention facility/liquor tax distribution that is to be used to reduce the Oakland County base tax rate for 2001 truth-in-taxation hearing purposes is $3,248,524. CIGARETTE TAX, HEALTH AND SAFETY FUND ACT Distribution for 2002 Counties share in the revenues from 5.3 percent of cigarette tax under Public Act 264 of 1987, the Health and Safety Fund (HSF) Act. The estimated amount of the HSF Act distributions to Oakland County in 2002 is $973,997. fl.A. WC-MA."1 LAIN MU9 14 LUOi • Page 2 August 14, 2001 Reduction in Base Tax Rate for 2001 Truth-in-Taxation Hearing Purposes The estimated HSF distribution for 2002 is adjusted by the difference between the actual and estimated distribution during 2000. This difference for Oakland County is -$114,761. Counties are required to use this adjusted amount of $859,236 to further reduce their base tax rate for 2001 truth-in-taxation hearing purposes, under Public Act 264. Realty Michigan Fund Article IX, Section 36 of the Michigan Constitution (Proposal A) earmarks 6 percent of tobacco taxes for public health programs, in addition to the HSF revenue. Some county health departments will be obtaining funds from this source, in addition to the HSF distribution estimated in this letter. SUMMARY INFORMATION The total amount from liquor and cigarette tax distributions that Oakland County must use to reduce their base tax rate for 2001 truth-in-taxation bearing purposes is $4,107,760. Counties may follow the truth-in-taxation hearing process to use the revenues for increased spending, but 50 percent of the convention facility/liquor tax revenue not used to reduce their millage rate is required by Public Act 2 to be distributed to the county's designated substance abuse coordinating agency for substance abuse programs. All of the HSF Act revenues not used to reduce their millage rate must be spent as specified in that act. A Property Tax Division bulletin which explains the required calculations of Act 2 and Act 264 has been distributed to your county treasurer and is available upon request. Sincerely, Howard Heideman Director of Tax Policy Analysis Office of Revenue and Tax Analysis cc: County Treasurer County Equalization Director County Executive/Administrator/Controller/Coordinator GARY C. BARTSCH, Director JAMES J. BRESCIAMI, Deputy Director DAVID L. WAHL, Controller MICHAEL G. MAGEE, Secretary HURON-CLINTON - U6 2 9. 71‘7,11f Administrative Offices 0.. 1000 High Ridge Drive • P.O. Box 2001 • Brightori, micrugan 48116-8001 Telephone: (810) 227-2757 or 1-800-47-PARKS • Fax: (810) 227-8610 Web Site: http://www.metroparks.com • E-Mail: Mail@metroparks.com METRUPGLITANI AUTHORITY . August 15, 2001 COMMISSIONERS ROBERT W. MARANS, Chairman JOHN C. HERTEL, Vice Chairman JAMES YOUNG, Treasurer JACK BRANDENBURG JAMES CLARKSON WILLIAM E. KREGER JAMES B. NICHOLSON RE: 2001 Huron-Clinton Metropolitan Authority Tax Levy As is our usual custom at this time of the year, we are advising of the ad valorem tax for the Huron-Clinton Metropolitan Authority. The levying of these taxes are required by State of Michigan Act 147 of the Public Acts of 1939 Section 7. This levy has been computed in accordance with the provisions of Act 35 of the Public Acts of 1979 (Headlee Amendment) which amended Section 211.34 (d) of the Compiled Laws of 1970. We are providing your' County with Form L-4029 the Millage Tax Rate Request Report for the County Board of Commissioners. The Authority is a five-county (multi-District) taxing jurisdiction and, as such, our Millage Reduction Factor (MRF) is calculated over the entire five counties. For the 2001 levy the Authority is subject to a Millage Reduction Fraction of .9928. This rate is then applied to our 2000 permanently reduced maximum millage of .2202 mills, yielding a 2001 permanently reduced millage rate of .2186. Accordingly, we are requesting you to levy .2186 mills for Metropark development and operations. For your information, this will produce a levy of $10,417,761.15 based on a final 2001 Taxable Value of $47,656,729,878. If there are any communities in your county that prepare their own tax bills, we kindly request that a copy of this L-4029 form be forwarded to them. If you are unable to do this, please advise so we can contact those communities directly. Under the reimbursement provisions of the Single Business Tax Act, $106,699.99 will be added, based on the 1975 exempt inventory valuation of $477,191,347. In total, $10,524,461.14 will be due from Oakland County for Authority operations. We kindly ask that this matter be given the proper consideration at your County Board of Commissioners apportionment meeting in October. Thanking you in advance for your cooperation. Should there be any questions or a need for additional information, please contact the undersigned. Sincerely, David L. Wahl, Controller Enclosure courav- REGREATIEN, AUIRCIRTINV SERN,41%'TlititiCSICINt-:11./Meartita'''OAKLANE),,::.V,VASRTENAWA, ARM' WAYNE CCM ES.4 DELHI • DEXTER-HURON • HUDSON MILLS • HURON MEADOWS • INDIAN SPRINGS • KENSINGTON • LAKE ERIE intmco 'alarm • urron ornru • nantinnnc • Clime rarpv • wil ifltAi • enin wni rfITT MII I METIInPARKS 1 INSTRUCTIONS FOR 2001 TAX RATE REQUEST Millage Request Report to County Board of Commissioners These instructions are provided under MCL Sections 211.24e (truth in taxation), 211.34 (truth in county equalization and truth in assessing), 211.34d (Headlee), and 211.36 and 211.37 (apportionment). Column 1: Source. Enter the source of each millage. For example, allocated millage, separate millage limitations voted, charter, approved extra-voted millage, public act no., etc. Do not include taxes levied on the Industrial Facilities Tax Roll. Column 2: Purpose of millage. Examples are: operating, debt service, special assessments, school enhancement millage, sinking fund rnillage, etc. A local school district must separately list operating millages by whether they are levied against ALL PROPERTIES in the school district or against the NON-HOMESTEAD AND NON-QUALIFIED AGRICULTURAL group of properties. (See State Tax Commission Bulletin No. 5 of 2001 for more explanation.) A local school district may use the following abbreviations when completing Column 2: "Operating ALL" and "Operating NON-HOME". "Operating ALL" is short for "Operating millage to be levied on ALL PROPERTIES in the local school district" such as Supplemental (Hold Harmless) Millages and Building and Site Sinking Fund Millages. "Operating NON-HOME" is short for 'Operating Millage to be levied on NON-HOMESTEAD AND .NON-QUALIFIED AGRICULTURAL PROPERTIES in the local school district" such as the 18 mills in a districtwhich does not levya Supplemental (Hold Harmless) Millage. Column 3: Date of Election. Enter the month and year of the election for each millage authorized by direct voter approval. Column 4: Millage Authorized. List the allocated rate, charter aggregate rate, extra-voted authorized before 1979. each separate rate authorized by voters after 1978, debt service rate, etc. (This rate is the rate before any reductions.) • Column 5: 2000 Millage Rate Permanently Reduced by MCL 211.34d ("Headlee") Rollback. Starting with taxes levied in 1994, the "Headlee" rollback permanently reduces the maximum rate or rates authorized by law or charter. The 2000 permanently reduced rate can be found in column 7 of the 2000 form L-4029. For operating millage approved by the voters after May 31, 2000, enter the millage approved by the voters. For debt service or special assessments not subject to a millage reduction fraction, enter "NA" signifying "not applicable". Column 6: Current Year Millage Reduction Fraction. List the millage reduction fraction certified by the county treasurer for the current year as calculated on 2001 Mil/age Reduction Fraction Calculations Worksheet, form L-4034. The millage reduction fraction shall be rounded to four (4) decimal places. The current year millage reduction traction shall not exceed 1.0000 for 2001 and future years. This prevents any increase or "roll up" of millage rates. Use 1.0000 for millages approved by the voters after May 31, 2001. For debt service or special assessments not subject to a millage reduction fraction, enter 1.0000. Column 7: 2001 Millage Rate Permanently Reduced by MCL 211.34d ("Headlee") Rollback. The number in column 7 is found by multiplying column 5 by column 6 on this 2001 form L-4029. This rate must be rounded DOWN to 4 decimal places. (See STC Bulletin No. 11 of 1999.) For debt service or special assessments not subject to a millage reduction fraction, enter "NA" signifying "not applicable". - Column 8: Section 211.34 Millage Rollback Fraction (Truth in Assessing or Truth in Equalization). List the millage rollback fraction for 2001 for each millage which is an operating rate. Round this millage rollback fraction to 4 decimal places. Use 1.0000 for school districts, for special assessments and for bonded debt retirement levies. For counties, villages and authorities, enter the Truth in Equalization Rollback Fraction calulated on STC form L-4034 as TOTAL TAXABLE VALUE BASED ON CEV FOR ALL CLASSES/ TOTAL TAXABLE VALUE BASED ON SEV FOR ALL CLASSES. Use 1.0000 for an authority located in more than one county. For further information, see State Tax Commission Bulletin No. 5 of 2001. For townships and cities, enter the Truth in Assessing Rollback Fraction calculated on STC form L-4034 as TOTAL TAXABLE VALUE BASED ON ASSESSED VALUE FOR ALL CLASSESTTOTAL TAXABLE VALUE BASED ON SEV FOR ALL CLASSES. The Section 211.34 Millage Rollback Fraction shall not exceed 1.0000. Column 9: Maximum Allowable Millage Levy. Multiply column 7(2001 Millage Rate Permanently Reduced by MCL 211.34d) by column 8 (Section 211.34 millage rollback fraction). Round the rate DOWN to 4 decimal places. (See STC Bulletin No. 11 of 1999.) For debt service or special assessments not subject to a millage reduction fraction, enter millage from Column 4. Column 10/Column 11: Millage Requested to be Levied. Enter the tax rate approved by the unit of local government provided that the rate does not exceed the maximum allowable millage levy (column 9). A millage rate that exceeds the base tax rate (Truth in Taxation) cannot be requested unless the requirements of MCL 211.24e have been met. For further information, see State.Tax Commission Bulletin No. 5 of 2001. A LOCAL School District which levies a Supplemental (Hold Harmless) Millage shall not levy a Supplemental Millage in excess of that allowed by MCL 380.1211(3). Column 12: Expiration Date of Millage. Enter the month and year on which the millage will expire. L. Brooks lytterson, County Executive Date 3 • Resolution #01248 September 20, 2001 Moved by Douglas supported by Law the resolution be adopted. AYES: Galloway, Garfield, Gregory, Law, McPherson, Melton, Millard, Moffitt, Moss, Obrecht, Palmer, Patterson, Sever, Suarez, Taub, Webster, Amos, Appel, Brian, Buckley, Causey-Mitchell, Coleman, Crawford, Dingeldey, Douglas. (25) NAYS: None. (0) A sufficient majority having voted therefore, the resolution was adopted. ITTEREE1-61"."---6----------------(5/2THE FOREGOING RESQ STATE OF MICHIGAN) COUNTY OF OAKLAND) I, G. William Caddell, 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 20, 2001 with the original record thereof now remaining in my office. In Testimony Whereof, I have hereunto set my hand and affixed the _seal o. thg_ County of Oakland at Pontiac, Michigan this 20,* da,469f Septemb,tr, 2001. G. William Caddell, County Clerk