HomeMy WebLinkAboutResolutions - 2003.09.18 - 27341MISCELLANEOUS RESOLUTION 103253 September 18, 2003
BY: FINANCE COMMITTEE, CHUCK MOSS, CHAIRPERSON
IN RE: DEPARTMENT OF MANAGEMENT AND BUDGET / EQUALIZATION DIVISION -
CONCURRENCE OF OAKLAND COUNTY BOARD OF COMMISSIONERS WITH COUNTY
EQUALIZATION MANAGER TO ELECT TO AUDIT HOMESTEAD EXEMPTIONS UNDER THE
PROVISIONS OF PUBLIC ACT 105 OF 2003, MCL 211.7cc(10)
TO THE OAKLAND COUNTY OF BOARD OF COMMISSIONERS
Chairperson, Ladies and Gentlemen:
WHEREAS the Michigan Legislature created a homestead exemption
audit program in Public Act 105 of 2003 in order to generate $50
million in revenue for Michigan school districts as part of the 2003-
2004 school budget; and
WHEREAS Public Act 105 allows counties to deny improper homestead
exemptions and pays counties for the work involved in reviewing
homestead exemptions; and
WHEREAS PA 105 of 2003 imposes interest of 1-1/4 percent per
month on denied homestead exemptions, and earmarks that interest to
townships/cities, counties, and the Department of Treasury with seventy
percent (70%) of the interest going to the entity that denies the
exemption and the other entities sharing the remaining interest; and
WHEREAS under prior law, county officials could not deny any
homestead exemptions and assessors could not deny prior year exemptions
but under PA 105 of 2003, county equalization directors and county
treasurers will now have the same authority as Treasury to deny
exemptions for the current year and three prior years, if the county,
not later than October 1, 2003 chooses to accept this authority; and
WHEREAS the election by County Equalization Manager (who
functions as the County's Equalization Director) to audit homestead
exemptions under the provisions of PA 105 of 2003 needs the concurrence
of the County Board of Commissioners.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of
Commissioners hereby gives authority to the Oakland County Equalization
Manager to elect to audit homestead exemptions under the provisions of
PA 105 of 2003.
BE IT FURTHER RESOLVED that a special revenue fund be established
to record all expenditures incurred, and revenue received, as a result
of homestead exemptions audits.
Chairperson, on behalf of the Finance Committee, I move the
adoption of the foregoing resolution.
FINANCE COMMITTEE
I/
FINANCE COMMITTEE
Motion carried unanimously on a roll call vote with Moffitt and Gregory absent.
G. William Caddell, County Clerk
Resolution #03253 September 18, 2003
Moved by Wilson supported by Coulter the resolutions on the Consent Agenda, be adopted (with
accompanying reports being accepted).
AYES: Coleman, Coulter, Crawford, Douglas, Gregory, Hatchett, Jamian, Knollenberg, KowaII,
Law, Long, McMillin, Middleton, Moffitt, Moss, Palmer, Patterson, Potter, Rogers, Scott, Suarez,
Webster, Wilson, Zack, Bullard. (25)
NAYS: None. (0)
A sufficient majority having voted therefore, the resolutions on the Consent Agenda, were adopted (with
accompanying reports being accepted).
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"'I ETHEFI: EWING RESOLUTION
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 18, 2003, with the original record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal ofillae County of Oakland at
Pontiac, Michigan this 18th day of September, 2003.