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HomeMy WebLinkAboutResolution 2757 Intent to exceed certified mill levy FY89-90: 8-14-89 ~ -:-....--' --. -~-_. ;..- -." ~ ~- ~ .f .... COMMISSION RESOLUTION NO. 2757 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, DECLARING ITS INTENTION TO EXCEED THE CERTIFIED MILL LEVY FOR FISCAL YEAR 1989-90. WHEREAS, Section 15-10-204, M.C.A., requires that a Resolution stating the Commission's intent to exceed the certified mill levy be adopted. NOW. THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman: Section 1 Declaration of Intention It is hereby declared to be the intention of the City Commission of the City of Bozeman to exceed the certified mill levy for Fiscal Year 1989-90. Section 2 Notice That the Clerk of the Commission of the City of Bozeman is hereby di- rected to publish notice of adoption of this Resolution once in a daily newspaper of general circulation in the City of Bozeman, which notice shall state the time and place at which objections will be heard. Section 3 Time for Objections That the regular session of the City Commission of the City of Bozeman . to be held in the Commission Room in the City Hall Building, Bozeman, Mon- -~ tana, on Monday, August 28, 1989, at the hour of 7:00 p.m. of said day, is the time and place where and when the City Commission will hear all comments and explain the reasons for its intention to exceed the certified mill levy. PASSED AND ADOPTED by the City Commission of the City of Bozeman at a regular session thereof held on the 14th day of August 1989. ATTEST: ~p.!o J ~ '" rr~ rv/ R . I N L. ~U L Clerk of the Commission APPROVED AS TO FORM: 4 . :z:tf?J : V~E. · City Attorney ___.._u.________ -~ - !': "'" ~ NOTICE COMMISSION RESOLUTION NO. 2757 OF THE CITY OF BOZEMAN, MONTANA, STATING THE INTENTION OF THE CITY COMMISSION TO EXCEED THE CERTIFIED MILL LEVY FOR FISCAL YEAR 1989-90. Notice is hereby given that on the 14th day of August 1989, at the reg- ular meeting of the City Commission of the City of Bozeman, Montana, the said City Commission duly and regularly passed and adopted Commission Resolution No. 2757, entitled: COMMISSION RESOLUTION NO. 2757 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, DECLARING ITS INTENTION TO EXCEED THE CERTIFIED MILL LEVY FOR FISCAL YEAR 1989-90. Notice is hereby given that Monday, the 28th day of August 1989, at 7:00 p.m. at the Commission Room in the City Hall Building, Bozeman, Montana, is designated as the time and place for the City Commission to hear comments regarding, and to explain the reasons for, its intention to exceed the certified mill levy for Fiscal Year 1989-90. This notice is given pursuant to Section 15-10-204, M.C.A. DA TED this 14th day of August 1989. f?~L~~ Clerk of the Commission Display Ad Publish: Sunday, August 20, 1989 . _.._______._______.__ _.... . u_ _. ____._ ~._.,,'_.. _ .. -------=------,. ---.- ._-~._.~- ~. -- '" . . (.. . AU6 .. 4 1989 State of Montana Stan Stephens, Governor Department of Revenue Property Assessment Division Ken Nordtvedt, Director 1989 CHANGE IN TAXABLE VALUE County Gallatin Taxing Jurisdiction City of Bozeman 1. 1986 Taxable Value $ 23,562,358 (All Purpose) 2. 1989 Taxable Value $ 24,227,604 3. % of Change +2.82% Please indicate + or -; g. -8% or +2%) Note: If Item 2 is greater than Item 1, the taxing jurisdiction's taxable value has increased. To calculate the increase, subtract Item 1 from Item 2, divide the result by Item 1 and multiply by 100%. That product will be the percent increase in taxable value. If Item 2 is less than Item 1, the taxable value has decreased. To calculate the decrease, subtract I tern 2 from Item 1, divide the result by Item 1 and multiply by 100%. The resulting product will be the percent decrease in taxable value. In accordance with SB65, if a tax unit's taxable value decreased by 5% or more from the 1986 base year, the taxing unit may increase the levy but only to such a point that the revenue generated is no more than the revenue from property taxes for the 1986 tax year. Thus, if the % of change in Item 3 is -5% or greater, the taxing jurisdiction could increase the mill levy. Indicated mill levy pursuant to 15-10-401 through 15-10-412, MCA 4. 1986 Taxable Value $ 23,562,358 5. 1986 Mill Levy $ 127.87 6. 1986 Tax Revenue (4x6) $ 3,012,919 7. Current Year Taxable Value $ 24,227,604 8. Current Year Indicated Mill Levy (6 . 7) $ 124.36 (See 15-10-401 - 15-10-412, MCA) 9. Indicated Current Year Revenue (7 x 8) $ 3.012,945 July , 19~ (Signature of County Assessor) (Date) PPB-27A - Revised 1989 sg33 Sam W. Mitchell Buildin~ (406) 443-0811 Helena, Montana 59620 "An Equal Opportunity Employer" ." .~- ~ . . ...,. ~ . . State of Montana Stan Stephens, Governor Department of Revenue Property Assessment Division Ken Nordtvndt, Director 1989 CERTIFIED MILL LEVY IN COMPLIANCE WITH 15-10-201 THROUGH 15-10-208, MCA Gallatin COUNTY City of Bozeman TAXING JURISDICTION (All Purpose) 1. Total Taxable Value (previous year) . . . . . $ 23,586,874 2. Mill Levy (previous year) . . . . . . . . . . 79.57 3. Tax Revenue (1 x 2) (previous year) . . . . . $ 1,876,808 4. Total Taxable Value (current year) . . . . . $ 24,227,604 5. Total Taxable Value Of New Construction, Improvements And Deletions To Real Property (per 15-10-202, MCA). . . . . . . . . . . . . $ 107,606 6. Net Taxable Value (4 - 5) Times 95% . . . . . $ 22,913,998 7. Certified Mill Levy (3 + 6)E~c~e9s.7:674~5? ~CA 81. 91 8. Tax Revenue (4 x 7) . . . . . . . . . . . . . $ 1,984,483 (65 Mill Max) Distribution: Original - Taxing Jurisdiction Copy; Canary- Assessor's Copy PPB-27 - Revised 1989 mn20f Sam W. Mitchell Buildint< (406) 443-0811 Helena, Montana 59620 II An Equal Opportunity Employer"