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File #: 980522    Version:
Type: Resolution Status: Passed
File created: 7/7/1998 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 11/13/1998
Effective date:    
Title: Substitute resolution relative to establishing the rate of taxation for 1999 Budget purposes as computed by the Commissioner of Assessments of the City of Milwaukee.
Sponsors: THE CHAIR
Indexes: BUDGET, TAX COMMISSION, TAX LEVY, TAXATION
NUMB:
980522
VERS:
SUBSTITUTE 1
REF:
 
XXBY:
 
TITL:
Substitute resolution relative to establishing the rate of taxation for 1999 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) 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 1999.
 
 
DFTR:
Budget and Management Division
Ref:  1999 BF, 7-E;  PMW:nme
October 26, 1998
FINANCE:  Resolut/99Budget.res/980522r.doc