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File #: 080782    Version: 0
Type: Resolution Status: Passed
File created: 9/24/2008 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 11/7/2008
Effective date:    
Title: Resolution relative to establishing the rate of taxation for 2009 budget purposes as computed by the Commissioner of Assessments of the City of Milwaukee.
Sponsors: THE CHAIR
Indexes: BUDGET, TAX LEVY, TAXATION
Attachments: 1. Fiscal Note

Number

080782

Version

ORIGINAL

Reference

Sponsor

THE CHAIR

Title

Resolution relative to establishing the rate of taxation for 2009 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 14, of the current year shall be the tax rate of the City of Milwaukee for General City Fund for the year 2009.

 

Requestor

Budget and Management Division

Drafter

Ref: 2009 BF, 7-E;DY:

September 16, 2008

FINANCE: taxrate.rtf