City of Milwaukee - File #: 970678

• File #: 970678
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 7/25/1997
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 11/13/1997
• Title: Substitute resolution relative to establishing the rate of taxation for 1998 Budget purposes as computed by the Commissioner of Assessments of the City of Milwaukee.
• Sponsors: THE CHAIR
• Indexes: ASSESSMENTS, BUDGET, TAX LEVY

Date	Ver.	Action By	Action	Result	Tally
11/26/1997	1	MAYOR	SIGNED	Pass
11/13/1997	1	COMMON COUNCIL	ADOPTED	Pass	17:0
11/12/1997	1	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
7/29/1997	0	FINANCE & PERSONNEL COMMITTEE	REFERRED TO
7/25/1997	0	COMMON COUNCIL	REFERRED TO

NUMB:

970678

VERS:

SUBSTITUTE 1

REF:

XXBY:

THE CHAIR

TITL:

Substitute resolution relative to establishing the rate of taxation for 1998 Budget purposes as computed by the Commissioner of Assessments of the City of Milwaukee.

ANLS:

Adoption of this substitute resolution will assure compliance with State Statutes s.65.07(1)(a) concerning adoption of the annual city budget.

BODY:

Whereas, Chapter 65.07(1)(a) of the Wisconsin Statutes requires that the rate of taxation for the general city fund shall be established only by an affirmative vote of at least two thirds of the members elected to the Common Council; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, That under the requirements of Chapter 65.07(1)(a) that the tax rate of the City of Milwaukee resulting from budgetary totals adopted by the Common Council on or about November 14, of the current year shall be the tax rate of the City of Milwaukee for general City Fund for the year 1998.

DFTR:

Budget and Management Division

Ref:  1998 BF, 7-E;  PMW:nme

October 30, 1997

FINANCE:  98BDGTSR/970678.doc