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HomeMy WebLinkAboutResolutions - 2003.09.18 - 27343MISCELLANEOUS RESOLUTION #03255 September 18, 2003 BY: Finance Committee, Chuck Moss, Chairperson IN RE: BOARD OF COMMISSIONERS - 2003 COUNTY GENERAL FUND PROPERTY TAX AND PARKS AND RECREATION TAX RATES To the Oakland County Board of Commissioners 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 (8/8/00 - Term 2002-2011) 0.2500 mill for Parks and Recreation; and WHEREAS the Huron-Clinton Metro Parks Authority has requested the County to apportion a 0.25 mill property tax rate; and WHEREAS Michigan Law (MCL 211.34d(16) permanently reduced the County's Maximum Allowable Tax Rate to the 2003 "Headlee" rollback (Article 9, Section 31 of the Michigan Constitution) tax rate of 4.2602 mills, a Parks and Recreation maximum allowable tax rate of 0.2436 mill and a Huron-Clinton Authority maximum allowable tax rate of 0.2161 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 Miscellaneous Resolution #98217 establishing a 1998 County Property Tax rate of 4.1900 mills, 0.273 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, the tax rate of 4.19, unchanged for tax years 1999 through 2002, has resulted in total tax reduction of $9.6 million in 1999, and $7.9 million in 2000, 6.5 million in 2001 and 5.0 in 2002 respectively, for a five-year total taxpayer savings of $39.7 million; and WHEREAS the County Executive recommends that the County 2003 tax rate be set at 4.1900 mills, the same since 1998, 0.0702 mill below the Maximum Allowable Tax Levy as constrained by State law, equivalent to a tax reduction of $3.7 million, without jeopardizing the County's ability to deliver quality public services; and WHEREAS the Finance Committee recommends that the 2003 County General Fund Property Tax rate be set at 4.1900 mills, 0.0702 mill below the maximum allowable tax rate; the Oakland County Parks and Recreation Tax rate be set at 0.2436 mill, the maximum allowable tax rate; and the Huron-Clinton Metro Park Authority Tax rate be set at 0.2161 mill, the maximum allowable tax rate; and WHEREAS $222,823,722 is the estimated amount of the Fiscal Year 2004 County General Fund Budget to be raised by taxation based on the 2003 Taxable Value of all property located in Oakland County ($53,179,886,010) at the recommended rate of 4.1900 mills, together with the voted 0.2436 mill for Parks and Recreation of $12,954,620 and the 0.2161 mill for the Huron-Clinton Authority of $11,492,173. 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 2003 the following tax rates to be applied to the 2003 Taxable Value of all property located within their respective jurisdictions: 2003 County Voted for Huron-Clinton General Property Tax Levy Parks & Recreation Park Authority 4.1900 Mills 0.2436 Mill 0.2161 Mill Chairperson, on behalf of the Finance Committee, I move adoption of the foregoing resolution. FINANCE COMMITTEE FINANCE COMMITTEE Motion carried unanimously on a roll call vote with Moffitt, Gregory and Patterson absent. tree. G. William Caddell, County Clerk Resolution #03255 September 18, 2003 Moved by Moss supported by Suarez the resolution be adopted. AYES: Crawford, Douglas, Gregory, Hatchett, Jamian, Knollenberg, KowaII, Law, Long, McMillin, Middleton, Moffitt, Moss, Palmer, Patterson, Potter, Rogers, Scott, Suarez, Webster, Wilson, Zack, Bullard, Coleman, Coulter. (25) NAYS: None. (0) A sufficient majority having voted, therefore, the resolution was adopted. I HEREBY APPROVE THE FOREG0116 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 of Ile County of Oakland at Pontiac, Michigan this 18th day of September, 2003.