HomeMy WebLinkAboutResolution 2086 Exceed Current Mill Levy
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COMMISSION RESOLUTION NO. 2086
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA,
INDICATING THE CITY'S INTENT TO EXCEED THE CURRENT MILL LEVY
FOR
GENERAL FUND PURPOSES ON THE APPROVAL OF THE ELECTORATE:
ESTABLISH-
ING A CERTAIN LEVIED
DOLLAR AMOUNT, SAID ADDITIONAL DOLLAR AMOUNT
I OF MONIES RAISED TO BE USED BY THE CITY OF BOZEMAN FOR OPERATING
THE
CITY'S ALL-PURPOSE GENERAL FUND:
INDICATING THE APPORXIMATE NUMBER
OF MILLS NECESSARY TO OPERATE THE CITY'S ALL-PURPOSE GENERAL FUND:
SETTING THE DATE AT WHICH THE QUESTION OF THE ADDITIONAL MILL LEVY
WILL BE SUBMITTED TO THE QUALIFIED ELECTORS OF THE MUNICIPALITY;
AND SETTING FORTH PROCEDURES FOR CONDUCT OF THE ELECTION.
WHEREAS, the City of Bozeman, Montana, has thoroughly reveiwed the capital, salary
and operations expenditures for the City's All-Purpose General Fund in preparation of an
operating budget for Fiscal Year 1979-1980; and,
WHEREAS, expenditure monitoring and expenditure reductions over the past fiscal year
have reduced City operating costs to minimum levels; ald,
WHEREAS, the City has conducted a complete analysis of revenue over the past two fiscal
and,
..
years;
WHEREAS, the City staff has projected the total possible collectible revenue for Fiscal
Year 1979-1980; and,
WHEREAS, it appears that expenditure levels necessary to provide services to the
citizens
of the City of Bozeman at existing levels, cannot
be maintained by existing revenue; and,
WHEREAS, the City Commission and the City staff have explored all possible options
to
increase the City's collectible revenue; and,
WHEREAS, tax collections are not received during the months of July, August,
September,
October and November, necessitating the registration of warrants during this period, causing
undue expenses to the General Fund; and,
WHEREAS, by statute the City Commission may establish a cash reserve for an amount not
I to exceed one-third (1/3) of the All-Purpose General Fund to meet
expenditures from said
fund during the months of July through November, inclusive;
and,
WHEREAS, the Legislature of the State of Montana has passed, during the 46th Legislative
Session, Senate Bill No.
235, which permits municipalities in the State of Montana to exceed
the previously established 65 mill levy ceiling for the All-Purpose General Fund; and,
WHEREAS, the City staff has received a legal interpretation from the City Attorney ver-
ifying that Senate Bill No. 235 has become effective as
law in the State of Montana as of
July 1, 1979; and,
WHEREAS, Senate Bill No.
235 provides for the mechanisms necessary to exceed the prev-
iously established 65 mill levy limitation for the All-Purpose General Fund,
in order to
maintain City services by providing revenue sources which are adequate to meet City expend-
itures;
NOW THEREFORE, BE IT RESOLVED by the City Commission of the City
of Bozeman, Montana,
to-wit:
Section 1
That the revenue derived from the special mill levy election as provided herein will be
used to establish a reserve in the City's All-Purpose General Fund in order to operate said
fund without the extensive registering of warrants to maintain City business during the months
of July through November, inclusive.
I
Section 2
That the specific amount requested to establish said reserve, andfue amount necessary
to be placed at issue before the qualified electorate of the City of Bozeman is $93,675.00.
-
~
Section 3
That the above-stated amount, necessary to establish a reserve in the City's General
Fund, represents 5.00 mills.
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246
Section 4
That said additional mill levy as stated herein shall be placed at issue before the
qualified electorate of the City of Bozeman at the primary election to be held on September
11, 1979; and the wording of the proposal to be placed on the
ballot shall indicate that the
mill levy established herein (5 mills) shall be assessed and utilized to establish a reserve
fund.
I
Section 5
That the City Commission of the City of Bozeman, Montana, hereby instructs the County
Clerk and Recorder to proceed with a special election as set forth on the date herein speci-
fied in accordance with the provisions of Senate Bill No.
235 and the election laws of the
State of Montana.
PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana, this 18th
day of July, 1979.
/
/
ATTEST:
" ,.',> !!I'
I
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Erna V. Harding, Clerk
,
State of Montana
)
County of Gallatin)
City of Bozeman
)
I, Erna V. Harding,
Clerk of the City Commission of the City of
Bozeman, do hereby certify
that the foregoing Resolution No. 2086 was
published in length in
the Bozeman Daily Chronicle, a newspaper of
general circulation printed
and published in said City, in the issue
dated the 24th day of
July, 1979, and due proof of such publication
is on file in my office.
IN WITNESS WHEREOF I hereunto set my hand and affix the corporate
I
seal of my office this
14th day of August, 1979.
-
~ if-.- jij;;,1fI.:" /
Clerk of the City comm~ion
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