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HomeMy WebLinkAboutResolutions - 2025.05.22 - 42107 AGENDA ITEM: 2025 Tax Rate Request – Millage Rates DEPARTMENT: Management and Budget MEETING: Board of Commissioners DATE: Thursday, May 22, 2025 6:00 PM - Click to View Agenda ITEM SUMMARY SHEET COMMITTEE REPORT TO BOARD Resolution #2025-5320 Motion to authorize execution of the attached Michigan Department of Treasury Form L-4029 – 2025 Tax Rate Request by signature of the Chairperson of the Board of Commissioners. ITEM CATEGORY SPONSORED BY Resolution Gwen Markham INTRODUCTION AND BACKGROUND Once approved by the Full Board and signed the form will be returned to Equalization for distribution to the local treasurers and Department of Treasury. Please feel free to contact Micheal R. Lohmeier, Oakland County Equalization Division with any questions. FISCAL IMPACT: Committee members can contact Barbara Winter, Policy and Fiscal Analysis Supervisor at 248.821.3065 or winterb@oakgov.com or the department contact persons listed for additional information. CONTACT Brian Lefler, Chief Financial Officer ITEM REVIEW TRACKING Aaron Snover, Board of Commissioners Created/Initiated - 5/23/2025 AGENDA DEADLINE: 05/08/2025 4:30 PM ATTACHMENTS 1. 2025 Oakland County L4029 Tax Rate Request COMMITTEE TRACKING 2025-05-14 Finance - Recommend to Board 2025-05-22 Full Board - Adopt Motioned by: Commissioner Angela Powell Seconded by: Commissioner Christine Long Yes: Charles Cavell, Ann Erickson Gault, Marcia Gershenson, Robert Hoffman, Brendan Johnson, Karen Joliat, Christine Long, Penny Luebs, Gwen Markham, Kristen Nelson, Angela Powell, Yolanda Smith Charles, Michael Spisz, Linnie Taylor, Philip Weipert, David Woodward (16) No: None (0) Abstain: None (0) Absent: Michael Gingell, Robert Smiley (2) Passed ORIGINAL TO: County Clerk(s) Michigan Department of Treasury COPY TO: Equalization Department(s)L-4029 614 (Rev. 2-25)COPY TO: Each township or city clerk 2025 Tax Rate Request (This form must be completed and submitted on or before September 30, 2025) MILLAGE REQUEST REPORT TO COUNTY BOARD OF COMMISSIONERS Carefully read the instructions on page 2. This form is issued under authority of MCL Sections 211.24e, 211.34 and 211.34d. Filing is mandatory; Penalty applies. County(ies) Where the Local Government Unit Levies Taxes 2025 Taxable Value of ALL Properties in the Unit as of 5-27-2025. OAKLAND 84,299,686,138 Local Government Unit Requesting Millage Levy For LOCAL School Districts: 2025 Taxable Value excluding Principal Residence, Qualified Agricultural, Qualified Forest, Industrial OAKLAND COUNTY Personal and Commercial Personal Properties if a 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 2025 tax roll. (8) (5)**(6)(7)Sec 211.34 (4)2024 2025 2025 Truth in (10)(11) Original Millage Rate Current Year Millage Rate Assessing or (9)Millage Millage (12) Millage Permanently "Headlee"Permanently Equalization Maximum Requested Requested Expiration (2)(3)Authorized Reduced by Millage Reduced by Millage Allowable to be to be Date of (1)Purpose of Date of by Election,MCL 211.34d Reduction MCL 211.34d Rollback Millage Levied Levied Millage Source Millage Election Charter, etc."Headlee"Fraction "Headlee"Fraction Levy*July 1 Dec. 1 Authorized Voted Operating 8/8/1978 5.2600 3.9539 0.9940 3.9301 1.0000 3.9301 3.9301 Voted Parks & Rec 11/5/2024 0.6500 0.6500 0.9940 0.6461 1.0000 0.6461 0.6461 12/31/2043 Public Voted Transportation 11/8/2022 0.9500 0.9464 0.9940 0.9407 1.0000 0.9407 0.9407 12/31/2031 Prepared by Telephone Number Title of Preparer Date CERTIFICATION: 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 Local School District Use Only. Complete if requesting necessary, to comply with MCL Sections 211.24e, 211.34 and, for LOCAL school districts which levy a Supplemental (Hold Harmless) Millage,millage to be levied. See STC Bulletin 2 of 2025 for 380.1211(3).instructions on completing this section. Total School District Operating Clerk Signature Print Name Date Rates to be Levied (HH/Supp Secretary and NH Oper ONLY)Rate Chairperson Signature Print Name Date For Principal Residence, Qualified President Ag, Qualified Forest and Industrial Personal *Under Truth in Taxation, MCL Section 211.24e, the governing body may decide to levy a rate which will not exceed the maximum authorized For Commercial Personal 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.For all Other ** IMPORTANT: See instructions on page 2 regarding where to find the millage rate used in column (5).