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HomeMy WebLinkAboutMinutes - 2018.04.19 - 37157 April 19, 2018 Chairperson Middleton called the meeting of the Finance Committee to order at 9:19 a.m. in Committee Room A of the Commissioners' Auditorium Wing, County Service Center in Pontiac, Michigan. COMMITTEE MEMBERS PRESENT Thomas Middleton, Eileen Kowall, Helaine Zack, Christine Long, Shelley Goodman Taub, Wade Fleming, Hugh Crawford, David Woodward COMMITTEE MEMBERS ABSENT WITH NOTICE Nancy Quarles OTHERS PRESENT COUNTY EXECUTIVE Malcolm Brown, Deputy County Executive MANAGEMENT AND BUDGET Laurie Van Pelt, Director FISCAL SERVICES Lynn Sonkiss, Fiscal Services Officer BOARD OF COMMISSIONERS Chris Ward, Administrative Director Michael Andrews, Senior Analyst Connie Srogi, Analyst Anthony Bowen, College Intern Pamela Worthington, Committee Coordinator PRESENTATION OF THE AGENDA Zack moved approval of the agenda as presented. Supported by Fleming. Motion carried on a voice vote. PUBLIC COMMENT None. REGULAR AGENDA 1. DEPARTMENT OF MANAGEMENT AND BUDGET – 2018 EQUALIZATION REPORT The resolution reflects that the Oakland County Board of Commissioners adopts the 2018 Equalization and authorizes its certification by the Chairperson of the Board and that it be entered on the County records and delivered to the appropriate official of the proper township or city. No communities required a factor, which is where the level of assessment is measured for the communities. The Oakland County Department of Equalization works with the communities to put this report together. The recommended OAKLAND COUNTY BOARD OF COMMISSIONERS 1200 N. TELEGRAPH ROAD, PONTIAC, MI 48341-0475 Telephone (248) 858-0100 FAX (248) 858-1572 FINANCE COMMITTEE Christine Long Shelley Goodman Taub Wade Fleming Hugh D. Crawford David Woodward Nancy Quarles TOM MIDDLETON Chairperson EILEEN KOWALL Vice Chairperson HELAINE ZACK Minority Vice Chairperson FINANCE COMMITTEE MINUTES Page 2 April 19, 2018 total 2018 Equalized Value is $71,871,358,847, which is a 4.15% increase. The resulting Taxable Value is $57,302,006,431, which is a 4.71% increase. Zack moved approval of the attached suggested Resolution. Supported by Fleming. Motion carried unanimously on a roll call vote with Quarles absent. OTHER BUSINESS/ADJOURNMENT There being no other business to come before the Committee, the meeting was adjourned at 9:21 a.m. ______________________________________ _____________________________ Pamela L. Worthington, Committee Coordinator Chris Ward, Administrative Director NOTE: The foregoing minutes are subject to Committee approval.