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HomeMy WebLinkAbout08-15-16 CC Mtg - A1. Resolution 4709 Continuation - FY17 Mill Levies Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Anna Rosenberry, Administrative Services Director SUBJECT: Commission Resolution No. 4709 – Setting Mill Levies for Fiscal Year 2016-2017 (FY17) MEETING DATE: August 15, 2016 AGENDA ITEM: Action RECOMMENDATION: Continue the public hearing and consideration of Commission Resolution No. 4709 – Setting Mill Levies for Fiscal Year 2016-2017 (FY17) to September 12, 2016. RECOMMENDED MOTION: I hereby continue the public hearing on Resolution 4709, Setting Mill Levies for Fiscal Year 2016-2017, from August 15, 2016 to September 12, 2016. BACKGROUND: The City must rely on the Montana Department of Revenue to issue a certification of taxable values in order to establish our annual tax mill levies. The Department originally issued us the certification on August 1, 2016. However, on August 9th we were informed that the Department would likely be issuing a corrected certification. Postponing the consideration of the resolution until September 12 will allow us to receive the correction and make any necessary adjustments. FISCAL EFFECTS: None at this time. ALTERNATIVES: None at this time. Attachment: none Report compiled on August 10, 2016 180