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Home My WebLink AboutResolution 2715 Establishing mill levy for FY89: 9-19-88 ... } COMMISSION RESOLUTION NO. 2715 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 1988-1989. WHEREAS, in accordance with Section 7-6-4407, M.C.A., 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 sit- uated with the City for the current fiscal year; and WHEREAS, the Clerk of the City Commission 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 79.57 mi lis to be levied for the All-Purpose General Fund for all salaries, operations and capital expenditures for general government purposes as provided by Sec- tion 7-6-4451, M.C.A. SECTION 2 That the City Commission of the City of Bozeman hereby affixes a 2.98 mill levy for the State-mandated Firefighters Retirement System in order to maintain payments to the State-administered Firefighters Retirement System. Said mill levy amounting to 2.98 mills is hereby established and affixed in ac- cordance with Section 19-13-606, M.C.A. SECTION 3 That the City Commission of the City of Bozeman hereby affixes a 3.84 mill levy for the State-mandated Police Retirement System in order to maintain payments to the State-administered Police Retirement System. Said mill levy amounting to 3.84 mills is hereby established and affixed 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 2.61 mills to provide for City contribution to the State retirement system for employees other than Firefight- ers and Police Officers, said money to be paid to the Public Employees' Retire- . .. I , ment System (P. E. R. S. ) . The above-referenced 2.61 mill levy to be affixed in accordance with Section 19-3-204, M.C.A. SECTION 5 The City Commission of the City of Bozeman, Montana, does hereby estab- lish and affix a mill levy in the amount of 4.72 mills to provide funds for Com- prehensive I nsurance protection and coverage for the City of Bozeman, Mon- tana. Said mill levy amounting to 4.72 mills is herein affixed 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 a mill levy in the amount of 8.99 mills to provide for the total City payment of premiums for Health/Medical I nsurance for City employees. Said 8.99 mills to be affixed 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 7-33-4130, M.C.A. SECTION 7 That the City Commission of the City of Bozeman, Montana, does herein establish and affix a mill levy amounting to 1.80 mills to provide funds for the operation of the City-County Planning activity. Said mill levy amounting to 1.80 mills is hereby established and affixed 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 a mill levy in the amount of 15.00 mills to provide funding for the Special Improvement District Revolving Fund. Said 15.00 mills to be affixed in accordance with Sections 7-12-4221 and 7-12-4222, M. C. A. SECTION 9 That the City Commission of the City of Bozeman, Montana, does hereby establish and affix 2.20 mills to provide for the existing principal and interest payments on outstanding Recreational Facilities General Obligation Bonds. Said 2.20 mills are hereby established and affixed in accordance with Section 7~7-4265, M.C.A. SECTION 10 The City Commission of the City of Bozeman, Montana, does herewith estab- lish a 5.46 mill levy to provide for principal and interest payments on outstand- ing Library General Obligation Bonds. The 5.46 mill levy established herein is hereby affixed in accordance with Section 7-7-4265, M. C. A. - 2 - -...- . .. . PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, this 19th day of September 1988. ~~4 ~ 4'/ ATTEST: . FF, Mayor ~.;tJl~ Clerk of the City Commission APPROVED AS TO FORM: ~z~ City Attorney L r ~. . .r - 3 - - -- -- -- .-.- - "- - .....---. ~.._. -- , - CITY OF BOZEMAN Mill Levy - Fiscal Year 1988-89 Levy Title/ Purpose Levy FY 1988-89 All-Purpose Levy 79.57 City-County Planning 1.80 Pol ice Reti rement 3.84 Firefighter's Retirement 2.98 Public Employees Retirement System 2.61 Comprehensive Insurance 4.72 Health /Medical Insurance for Employees 8.99 SID Revolving Fund 15.00 Subtotal 119.51 Recreation Facilities G.O. Bonds 2.20 Library G.O. Bonds 5.46 TOT AL ALL LEVI ES 127.17 Mill Value = $23,586. - 4 - .;~ ..~.,-,-,_.__.- .......--, - -- "- ....- - ,E'..... I ... DEPARTMENT OF REVENUE AUB fC{ 1 1988 STATE OF MONTANA 19 88 CERTIFIED MILL LEVY Gallatin COUNTY City of Bozeman TAXING JURISDICTION (All Purpose) l. Total Taxable Value (previous year) . . . . . . $ 23.712.379 2. Mill Levy (previous year) . . . . . . . . . . . $ 75.37 3. Tax Revenue (lx2 ) (previous year) . . . . . . . $ 1. 787 .202 4. Total Taxable Value (current year) . . . . . . $ 23.586.874 5. Total Taxable Value Of New Construction, Improvements And Deletions To Real Property 219.934 (per 15-10-202, MCA). . . . . . . . . . . . . . $ 6. Total Taxable Value of Properties Under Protest As Of The 1st Monday In August (Must be at least 5% of Total Taxing Jurisdiction's Taxable Valuation). . . . $ -0- 7. Net Taxable Value (4-5-6) Times 95% . . . . . . $ 22.198,593 8. Certified Mill Levy (3~7)(~x:e:d~ ~-~-~4~2.M~A~ $ 80.51 9. Tax Revenue (4x8 ) . . . . . . . . . . . . . . . $ 1,898,979 65 Mill Max PPB-27 --AN EOUAL OPPORTUNITY EMPLOYER-- -.------."..--- ..,._.-'~_.- ~I,. ~ - ............ ,. DEPARTMENT OF REVENUE TED SCHWINDEN, GOVERNOR MITCHELL BUILDING STATE OF MONTANA HELENA, MONTANA 59620 198~ Change In Taxable Value County GALLATIN Taxing Jurisdiction City of Bozeman (all purpose) 1. 1987 Taxable Value 23,712.379 2. 1988 Taxable Value 23,586,874 3. % of Change -.53% (Please indicate + or -i ego -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 increases in taxable val- ue. If Item 2 is less than Item 1, the taxable value has decreased. To calculate the decrease, subtract Item 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 SB71, if a taxing unit's taxable value decreased by 5% or more from the previous 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. If the taxable value (Item 3) does not decrease by 5% or more between 1987 and 1988, please refer to 15-10-412(7), Attorney General's Opinion 21, Vol. 42 and the Attorney General's letter to John LaFaver (September 24, 1987) regarding that Opinion. 4. I c~:.that the % of taxable change (as listed in Item 3) did/~~circle one) decrease by 5% or more. July , 19 88 (Signature of County Assessor) (Date) sg33 . AN EQUAL OPPORTUNITY EMPLOY[R.. .. ----.- .- . ...,.- . . ( . JUL 1 2 '\98B Office of COUNTY ASSESSOR ARLETI A C. DERLETH Gallatin County Bozeman. Mt. 59715 July 8, 1988 Robin Sullivan City Clerk Bozeman, Mt 59715 Dear Mrs. Sullivan: The market and taxable values for Bozeman for 1988 are listed below: MARKE T TAXABLE 512,901.238 23,586,874 Sincerely, ~ C--~ Arletta C. Derleth Gallatin County Assessor