City of Milwaukee - File #: 041042

• File #: 041042
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 11/23/2004
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 12/21/2004
• Effective date: 1/13/2005
• Title: A substitute ordinance relating to implementation of a fair share payment in lieu of taxes program.
• Sponsors: ALD. MURPHY
• Indexes: BUDGET, TAXATION

Date	Ver.	Action By	Action	Result	Tally
1/12/2005	1	CITY CLERK	PUBLISHED
12/23/2004	1	MAYOR	SIGNED
12/21/2004	1	COMMON COUNCIL	PASSED	Pass	15:0
12/15/2004	1	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR PASSAGE	Pass	5:0
12/9/2004	1	CITY CLERK	DRAFT SUBMITTED
12/6/2004	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
12/3/2004	0	CITY CLERK	Sponsor added; Minutes note: Ald. Murphy requested to be added as sponsor.
11/29/2004		FINANCE & PERSONNEL COMMITTEE	REFERRED TO
11/29/2004		FINANCE & PERSONNEL COMMITTEE	REFERRED TO
11/23/2004	0	COMMON COUNCIL	ASSIGNED TO

Number
041042
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. MURPHY
Title
A substitute ordinance relating to implementation of a fair share payment in lieu of taxes program.
Sections
307-7 cr
Analysis
This ordinance creates a fair share payment in lieu of taxes ("PILOT") program in which the city seeks voluntary payments from owners of tax-exempt properties in recognition of the services those properties receive from the city. The commissioner of assessments, who is assigned responsibility for administering this program, is directed to contact a property owner regarding the possibility of making such payments whenever the commissioner receives an application for property tax exemption from the owner or whenever the department of city development notifies the commissioner that the owner has demonstrated its intent to expand, improve, replace or acquire a facility. As part of this communication, the commissioner shall provide the owner with a "new PILOT project profile form" on which the owner is asked to provide a variety of information relating to the tax-exempt institution and the proposed construction project or facility use.

Once the owner submits the new PILOT project profile form and the project master plan, the commissioner shall discuss the formulation of a PILOT agreement and the amount of the annual payment with the owner. Generally speaking, the amount of the PILOT shall be the amount of taxes the owner would pay to the city if the property were taxable.

If the owner agrees in principle to make a payment in lieu of taxes, the commissioner shall proceed to draft the PILOT agreement. The ordinance specifies several provisions that may be included in a PILOT agreement. Common council approval shall be required for any PILOT agreement in which the initial annual payment is at least $100,000; otherwise, the agreement can be executed administratively by the city officers specified in the ordinance.

This ordinance also gives...