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Home My WebLink AboutResolution 2673 Establishing mill levy resolution FY88: 9-21-87 ~,; ~ COMMISSION RESOLUTION NO. 2673 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 1987-1988. 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 75.37 mills 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 2.35 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 2.35 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 2.76 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 2.76 mills is hereby established and affixed in accordance with Sec- tion 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 2.24 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- ment System (P. E. R. S. ) . The above-referenced 2.24 mill levy to be affixed in ---- ~_.- ._.__.____.___ - __... ._m__.__. -.---.-".. ._.__.. If' ..... 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 3.71 mills to provide funds for Com- prehensive I nsurance protection and coverage for the City of Bozeman, Mon- tana. Said mill levy amounting to 3.71 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 8.97 mills to provide for the total City payment of premiums for Health/Medical I nsurance for City employees. Said 8.97 mills to be affixed in accordance with Compiler's Comments to 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 1.99 mills to provide funds for the operation of the City-County Planning activity. Said mill levy amounting to 1.99 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 and affix 1.98 mills to provide for the existing principal and interest payments on outstanding Recreational Facilities General Obligation Bonds. Said 1.98 mills are hereby established and affixed In accordance with Section 7-7-4265, M.C.A. SECTION 9 That the City Commission of the City of Bozeman, Montana, does hereby establish and affix 1.67 mills to provide for the existing principal and Interest payments on outstanding Senior Center General Obligation Bonds. That the 1.67 mill levy herein established Is hereby 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 5.19 mill levy to provide for principal and interest payments on outstand- Ing Library General Obligation Bonds. The 5.19 mill levy established herein is , ..-' . hereby affixed 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 a mill levy in the amount of 13.91 mills to provide funding for the Special Improvement District Revolving Fund. Said 13.91 mills to be affixed in accordance with Sections 7-12-4221 and 7-12-4222, M.C.A. SECTION 12 - That the City Commission of the City of Bozeman, Montana, does hereby establish a voter-approved special mill levy in the amount of 6.75 mill to pro- viding funding for the Fire Truck. Said 6.75 mill to be affixed in accordance with Section 7-6-4431, M.C.A. PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, this 21 st day of September 1987. ~ A. m~ J . ATHRE, Mayor ;_ftPVL~ """NO.~"" ( $'of .... CRr ,'.'" 'of .... Cle, of " ......... ....... rtff i~a1> t t of lubltcation "-"''''lli'd aU'lln, ,he num....\,,f mill, 'a ba .......: .,.ln81 'M .,- . ....... ~ot .. ..... , '* a::: ......... wIttIIn .... "Ie ...,....011..... ~ of .... CItf for STATE OF MONTANA, } ss. ,..... V.. 11f1---' City 01 tozem,n County of Gallatin, Stete of Montene County CII Gallatin Vivie Portnell I. Robin L. SuHlven, Clerk 01 , being duly sworn, the City Comml88lon of the City of Boaman. Montana, do deposes and says: That ..a.he is Print"ipJ'll r.1 P1"k h81'.by 0Ir1IIy that the lorego- ingle tM trut and correct title of the Bozeman Daily Chronicle, a newspaper of general circulation, and nUJn~r of Commlellon Rl8OIutlon'No. 2873 peaed end adopl8d at . regular printed and published in Bozeman, Gallatin County, Montana; and that the session ItItftof held' on the 211t day'of8eplImber, 1987. Commission REsolution No. 2673 Dated' '7f:. day ofSep- notice hereunto annexed ( tambel'. " 7. ROBIN L.' U,.IVAN - . Clerkot '~' City Comml88lon ), b has been correctly published in the regular and entire issue of every number of said paper for ---1- iR>:n8Qc;.a.g\l'Q.- -f'ncc.,...t-in-n day of September Subscribed and sworn to before me this ?Rt''h day of ;s:;;?:.r . 19 87 U a4l---1l-t~ Notary Public for the State of Montana, residing at Bozeman M&~ ( NOTARY PUt\LIC.for iM ResidIng at Bozeman, Montana _ eommilllon ... July 8. ,. n.___..,'~_,._,_,_ ._.. __._..._._n .__ . . CITY OF BOZEMAN Mill Levy - Fiscal Year 1987-88 Levy Title/ Purpose Levy FY 1987-88 All-Purpose Levy 75.37 City-County Planning 1. 99 Police Retirement 2.76 Firefighter's Retirement 2.35 Public Employees Retirement System 2.24 Comprehensive Insurance 3.71 Health / Medical Insurance for Employees 8.97 Fire Truck 6.75 SID Revolving Fund 13.91 Subtotal 118.05 Recreation Facilities G.O. Bonds 1. 98 Senior Center G.O. Bonds 1.67 Library G. O. Bonds 5.19 TOTAL ALL LEVIES 126.89 Mill Value = $23,712. _._-~._- ... _._. ~,. .,. , .~" '~~~ ~.. __:.,'I_,__,,'\'~_I"-"""""'''''~ _n'....,.....-....'.~, _"""""".'''.'''~':' ,.~ . . . j iI DEPARTMENT OF REVENUE STATE OF MONTANA 198~ Change In Taxable Value County Gallatin Taxing Jurisdiction City of Bozeman (All Purpose) 1. 1986 Taxable Value 23.562.358 2. 1987 Taxable Value 23.712.379 3. % of Change +.63% (Please indicate + or -; e.g. -8% or +2%) Note: If Item 2 is greater than Item 1, the taxing jurisdic- tion'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 per- cent increase in taxable value. 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 decreases by 5% or more from the previous year, the taxing unit may increase the levy but only to such a point that the revenue qenerated 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. 4. I c~~.,hat the % of taxable change (as listed in Item 3) did~?~) (circle one) decrease by 5% or more. /"') ('"' ;~, ,I 1 _.. l,~ \. '. r L.//'!,,,.&...z:t"../L.,,. ,i!,j)~L.;;I.,(~ JUL 2 ~,' 198/ 19 ,~- ~ , (Signature of County Assessor) (Date)--- "AN tQUAL OPPORTUNITY EMPLOYER" -""'~9'""""f , ....---...---.- - -_.._~--_.__._..._-- ---...----... . . .. . ., JUL 1 4 1987 Office of COUNTY ASSESSOR ARLETI A c. DERLETH Gallatin County Bozeman, Mt. 59715 July 13, 1987 Robin Sullivan City Clerk Bozeman, Mt. 59715 Dear Mrs. Sullivan: The market and taxable values for Bozeman for 1987 are listed below: MARKET TAXABLE $510,617,697 $23,712,379 Sincerely, ~~...~ Arletta C. Derleth Gallatin County Assessor