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HomeMy WebLinkAboutResolution 3845 Establishing Mills to be Charged COMMISSION RESOLUTION NO. 3845 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 2005-2006. 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: 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 111.39 mills to be levied for the All-Purpose General Fund for all salaries, operations and capital expenditures for general government purposes as provided by Section 7-6-4451, M.C.A. Section 2 That the City Commission of the City of Bozeman hereby affixes a 1.71 mill levy for the State- mandated Firefighters' Retirement System, in order to maintain payments to the State-administered Firefighters' Retirement System, in accordance with Section 19-13-606, M.C.A. Section 3 That the City Commission of the City of Bozeman hereby affixes a 3.54 mill levy for the State- mandated Police Retirement System in order to maintain payments to the State-administered Police Retirement System, in accordance with Section 19-9-704, M.C.A. Section 4 That the City Commission of the City of Bozeman, Montana does hereby affix and establish a mill levy in the amount of 3.59 mills to provide for City contribution to the State retirement system for employees covered under the Public Employees' Retirement System (P.E.R.S.), in accordance with Section 19-3-204, M.C.A. Section 5 That the City Commission of the City of Bozeman, Montana, does hereby establish and affix a mill levy in the amount of 3.45 mills to provide funds for Comprehensive Insurance protection and coverage for the City of Bozeman, Montana, in accordance with Section 2-9-212, M.C.A. Section 6 That the City Commission of the City of Bozeman, Montana, does hereby establish and affix a mill levy in the amount of 23.21 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, M.C.A.; Section 2 of Chapter 359, Laws, 1975; Section 7-32-4117, M.C.A.; and Section 7-3-4130, M.C.A. Section 7 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 operation of the City Planning activity, in accordance with Section 76-1-406, M.C.A. Section 8 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 7-14-111(1), M.C.A. Section 9 That the City Commission of the City of Bozeman, Montana, does hereby establish and affix a mill levy in the amount of 6.00 mills to fund the proposal submitted to, and approved by the electors on November 5,2002, to authorize the City of Bozeman to levy up to eight mills annually for a period not to exceed three years to fund $1,000,000 in capital projects for the Bozeman Fire Department, in accordance with Sections 7-6-4431, and 15-10-420, M. C.A. Section 10 That the City Commission of the City of Bozeman, Montana, does hereby establish and affix a mill levy in the amount of 6.98 mills to provide for principal and interest payments on outstanding Transportation System General Obligation Bonds, in accordance with Section 7-7-4265, M.C.A. Section 11 That the City Commission of the City of Bozeman, Montana, does hereby establish and affix a mill levy in the amount of 5.39 mills to provide for principal and interest payments on outstanding Library General Obligation Bonds, in accordance with Section 7-7-4265, M.C.A. - 2 - PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 6th day of September 20 . ATTEST: ~~ --L~ RO IN L. SULLIVAN City Clerk . ETRARO, Mayor AS TO FORM: - 3 - CITY OF BOZEMAN Mill Levy - Fiscal Year 2005-2006 Levv Title/Puroose All-Purpose Levy City Planning Police Retirement Firefighter's Retirement Public Employees Retirement System Comprehensive Insurance Health/Medical Insurance for Employees Senior and Disabled Transportation Special voted fire mill levy Library G.O. Bond Transportation System G.O. Bonds TOTAL ALL LEVIES Mill Value = $58,063 Levv FY 2005-2006 111 .39 2.00 3.54 1.71 3.59 3.45 23.21 1.00 6.00 5.39 6.98 168.26 -~.- RECEIVED AUG 0 2 '05 MONTANA Form AB~ 72T Rev. 7-05 .. FrEVEi~rU'E ~~-~ ~~ 2005 Certified Taxable Valuation Information (Pursuant to 15-10-202, MCA) County of Gallatin Taxing Jurisdiction: Bozeman City 1. 2005 Total Market Value.......................................................... 2. 2005 Total Taxable Value................................ ..................... .... 3. 2005 Taxable Value of Newly Taxable and Eliminated Property........ a) Newly Taxable Property as identified in Tax Policy and Research (TPR) spreadsheet.................................... b) 2005 Taxable Value of Eliminated Property............................. 4. 2005 Taxable Value of Net and Gross Proceeds (Class'1 and Class 2 properties).......................................... Tax Increment Current Taxable Base Taxable Value District Name Value Bozeman Downtown 2,703,067 1,858,491 Preparer d[{J~t ~ aO.tJd~L- Date '7-,g,1-JJS- *Note: This is the val e to be used by local governments In calculating ,the mill levy per 15-10-420, MCA. It is the sum of Items 3(a) and 3(b). -----~~_.......~--------_-_~'.........~~.~___________w......._____~~__R.R...._____..~__ For Information Purposes Only 2005 taxable value of centrally assessed property having a market value of $1 million or more, which has transferred to a different ownership in compliance with 15-10-202(2), MCA. I. Value included in "newly taxable" property II. Total value exclusive of "newly taxable" property $ $ o o 440T