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Home My WebLink AboutResolution 4709 Establishing and Affixing the Number of Mills to be Charged Against the Assessed Valuation of All Taxable Property Situated Within the City for FY17 COMMISSION RESOLUTION NO. 4709 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA ESTABLISHING AND AFFIXING THE NUMBER OF MILLS TO BE CHARGED AGAINST THE ASSESSED VALUATION OF ALL TAXABLE PROPERTY SITUATED WITHIN THE CORPORATE JURISDICTIONAL BOUNDARIES OF THE CITY FOR FISCAL YEAR 2016-2017 (FY17). WHEREAS, in accordance with 15-10-203 MCA, after due and proper legal notice, at a regular session of the City Commission on September 12,2016,the public hearing on the proposed change of ad-valorem tax revenue was held; and WHEREAS, the Montana Department of Revenue issued to the City a 2016 Certified Taxable Valuation received on August 1, 2016; and WHEREAS, the Montana Department of Revenue issued to the City a corrected 2016 Certified Taxable Valuation received on August 15,2016,and a corrected Newly Taxable Property value for 2015 on August 26, 2016; and WHEREAS, the City has to incorporated the correct Newly Taxable Property value for 2015 into its calculation of maximum mill levy: and WHEREAS, in accordance with Montana Code Annotated, a resolution must be adopted by the City Commission in order to determine the amount of the City or Town taxes to be levied and assessed on the taxable property situated within the City for the current fiscal year; and WHEREAS,the City Clerk must certify to the County Clerk a copy of such resolution. NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana as follows: 1 of 4 Resolution No. 4709,Establishing mad Affixing the Number of Mills Section 1 That for the purpose of providing and maintaining basic City services the City Commission of the City of Bozeman, Montana does hereby affix 148.21 mills to be levied for the All Purpose General Fund for all salaries, operations,and capital expenditures for general government purposes as provided by Sections 7-6-4451 and 15-10-420 MCA. Section 2 That the City Commission of the City of Bozeman, Montana does hereby affix a 3.00 mill levy from the City's maximum mill levy allowed under Sections 7-6-4451 and 15-10-420 MCA for the City's Community Housing Fund to be used for affordable/workforce housing purposes within the City. Section 3 That the City Commission of the City of Bozeman, Montana does hereby establish and affix a mill levy in the amount of 26.40 mills to provide for the total City payment of premiums for Health Medical Insurance for City employees in accordance with Title 2 Chapter 18 Part 7 MCA, Section 2 of Chapter 359 Laws 1975, Section 7-32-4117 MCA, and Section 7-3-4130 MCA. Section 4 That the City Commission of the City of Bozeman, Montana does hereby establish and affix a mill levy in the amount of 2.00 mills to provide funds for the City Planning Activity in accordance with Section 76-1-406 MCA. Section 5 That the City Commission of the City of Bozeman,Montana does hereby establish and affix a mill levy in the amount of 1.00 mills to provide funds for special transportation services for senior citizens and persons with disabilities in accordance with Section 7-14-1111 MCA. Section 6 That the City Commission of the City of Bozeman,Montana does hereby affix a 1.56 mill levy from the City's maximum mill levy allowed under Sections 7-6-4451 and 15-10-420 MCA for the general purpose of the stormwater system,to include the stormwater improvement program for corrective measures at the Bozeman Story Mill Landfill, served by the stormwater system,with the funds appropriated,to pay a portion of the costs, in accordance with 7-7-4424 (b)MCA. Section 7 That the City Commission of the City of Bozeman,Montana does hereby establish and affix a mill levy in the amount of 3.07 mills to provide for principal and interest payments on outstanding Library General Obligation Bonds in accordance with Section 7-7-4265 MCA. Section 8 That the City Commission of the City of Bozeman,Montana does hereby establish and affix a mill levy in the amount of 12.06 mills to provide for principal and interest payments on outstanding Trails, Open Space and Parks (TOP) General Obligation Bonds in accordance with Section 7-7-4265 MCA. 2 of 4 Resolution No. 4709,Establishing and Affixing the Number of Mills Section 9 That for the purpose of providing and maintaining basic City services the City Commission of the City of Bozeman, Montana does hereby affix 4.00 mills to be levied for the Fire Department Capital &Equipment Replacement for general government purposes as provided by Section 7-6-4451 MCA. Section 10 That the City Commission of the City of Bozeman, Montana does hereby affix a 4.00 mill levy from the City's maximum mill levy allowed under Sections 7-6-4451 and 15-10-420 MCA for the costs of Landfill Post-closure activities at the Story Mill Landfill. PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana at a regular session thereof held on the 12th day of September, 2016. CARSON TAYLOR Mayor ATTEST: 07 G �. O R BIN CRq - = : ° City Clerk ° f ° ` ` \ti APPROVED AS TO FORM: 111,1" COO , G G ULLIVAN City Attorney 3 of 4 Resolution No.4709,Establishing and Affixing the Number of Mills CITY OF BOZEMAN Mill Levy Fiscal Year 2016-2017 (FY17) Levy Purpose Number of Mills All Purpose Levy 148.21 Workforce/Community Housing 3.00 Permissive Medical Insurance 26.40 Planning 2.00 Senior Transportation 1.00 Trails, Open Space, & Parks GO Bonds 12.06 Library GO Bonds 3.07 Stormwater - Story Mill Landfill Project 1.56 Fire Capital & Equipment 4.00 Landfill Post-closure Activities 4.00 TOTAL LEVY 205.30 mills 4 of 4 MILL LEVIES AND MILL VALUES ***AFTER 8/15 CERTIFICATION MILL LEVIES & MILL VALUES FISCAL YEAR FY12 FY13 FY14 FY15 FY16 FY17 MILL VALUE(net of TIFD's) $ 82,062 $ 83,226 $ 85,637 $ 87,894 $ 86,564 $ 89,758 Issued 9/2011 PERCENTAGE CHANGE 2.1% 1.4% 2.9% 2.6% -1.5% 3.7% GENERAL FUND: All-Purpose 127.16 127.66 134.76 144.77 155.78 148.21 SPECIAL REVENUE: City Planning 2.00 2.00 2.00 2.00 2.00 2.00 Local Government Study Commission HealthlMed Insurance 22.53 23.22 22.57 23.18 27.11 26.40 Fire Capital&Equipment 4.00 4.00 4.00 4.00 4.00 4.00 Transfer to Stormwater-Landfill Project 0.00 0.00 0.00 1.57 1.62 1.56 Transfer to Landfill Closure-Monitring 4.00 Senior Transportation 1.00 1.00 1.00 1.00 1.00 1.00 Workforce Housing 0.50 0.50 0.60 1.00 3.00 3.00 TOTAL SPECIAL REVENUE 30.03 30.72 30.07 32.75 38.72 41.96 DEBT SERVICE: Park&Trail G.O.Bonds 0.00 8.13 12.49 12.06 Library G.O.Bonds 3.84 3.30 3.06 3.11 3.16 3.07 Transportation G.O.Bonds 5.72 5.07 5.19 0.00 0.00 0.00 TOTAL DEBT SERVICE 9.56 8.37 8.25 11,24 15.65 15.13 TOTAL ALL LEVIES 166.75 166.75 173.08 188.76 210.16 206.30 Percentage Change in Mills -1.2% 0.0% 3.8% 9.4% 12.4% -2.6% Property Taxes Levied 1 $13,683,839 $13,878,293 $14,821,724 $16,590,871 $18,191,892 1 $18,427,397 Percentage Change in Dollars 0.9% 1.4% 6.8% 11.9% 9.7% 1.3% *These funds are being combined into the All Purpose Levy. They are all subject to MCA 15-10-420. Tax Authority Authorized but Not Levied General Fund Reduction 462720 $ 694,976 $ 1,263,330 $ 1.271,667 $ 363,096 $ 290,000 Street&Tree Maintenance Offset 116270 $ - $ - $ - $ - $ - Police&Fire Reductions 849000 $ 914,000 $ 578,525 $ $ $ SAFER Grant 189,720 $ 113,935 $ - $ $ $ - 911 Mills(Resolution No.3954) 723,303 $ 738,558 $ 749,034 $ 770,733 $ 779,076 $ 807,822 FYI Certification Error: 59,753 Total Authorized But Not Levied $ 2,400,766 $ 2,461,995 $ 2,590,889 $ 2,042,400 $ 1,142,1721$ 1,097,822 Number of Mills 20.32 29.58 31.13 23.85 13.19 12.23 NOTICE OF REVENUE INCREASE FROM PROPERTY TAXES NOTICE IS HEREBY GIVEN that, the City Commission of the City of Bozeman is considering adopting an increase in total revenue from property taxation of up to 9.0% percent. This increase is attributed to the value of new construction within the city limits, the statutorily allowed inflation increase, voter-approved debt service, prior year's authorized mill levies, and the decision to not levy for some mills that have been authorized this year. This levy is 9 mills below the statutorily allowed maximum mill levy. All concerned persons are invited to attend a public hearing on adopting the levy for increased property tax revenue to be held at 6:00 pm on Monday, August 15, 2016, in the City Commission Room, 121 N Rouse Avenue, Bozeman, Montana. A final decision on levying the increased property tax revenue is expected to be made after public comment is taken that night. For further information, please contact Administrative Services Director Anna Rosenberry, arosenberry(o�bozeman.net, City Hall, 121 N Rouse Avenue, Bozeman, MT 59715; 406-582-2325. If you have a disability that requires assistance, please contact the City of Bozeman's ADA Coordinator, Chuck Winn, cwinn(cD_bozeman.net, at 582-3232 (TDD 582-2301). Dated this 28th day of July, 2016 OF $� 1 'Z,f Robin trough, Ci :C-w Z: •. 1883 ♦• . Tf�CO ➢IvN�t�-'' Display Ad Publish: Sunday, July 31, 2016 Sunday, August 7, 2016 Sunday, August 14, 2016