City of Milwaukee - File #: 020581

• File #: 020581
• Version: 2
• Type: Resolution
• Status: Passed
• File created: 7/16/2002
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 11/8/2002
• Title: Substitute resolution relative to establishing the rate of taxation for 2003 Budget purposes as computed by the Commissioner of Assessments of the City of Milwaukee.
• Sponsors: THE CHAIR
• Indexes: BUDGET, TAX COMMISSION, TAX LEVY, TAXATION

Date	Ver.	Action By	Action	Result	Tally
11/20/2002	2	MAYOR	SIGNED
11/8/2002	2	COMMON COUNCIL	ADOPTED	Pass	16:0
11/7/2002	2	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
11/6/2002	2	CITY CLERK	DRAFT SUBMITTED
11/6/2002	1	CITY CLERK	DRAFT SUBMITTED
11/4/2002	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
7/17/2002		FINANCE & PERSONNEL COMMITTEE	REFERRED TO
7/16/2002	0	COMMON COUNCIL	ASSIGNED TO

Number

020581

Version

SUBSTITUTE 2

Reference

Sponsor

THE CHAIR

Title

Substitute resolution relative to establishing the rate of taxation for 2003 Budget purposes as computed by the Commissioner of Assessments of the City of Milwaukee.

Analysis

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 8, of the current year shall be the tax rate of the City of Milwaukee for general City Fund for the year 2003.

Drafter

Budget and Management Division

Ref:  2003 BF, 7-E; KO:

November 5, 2002

FINANCE:  Resolut/03Budget/020581r.doc