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File #: 190902    Version:
Type: Resolution Status: Passed
File created: 9/24/2019 In control: COMMON COUNCIL
On agenda: Final action: 11/26/2019
Effective date:    
Title: Substitute resolution establishing the rate of taxation for 2020 budget purposes as computed by the Commissioner of Assessments.
Sponsors: THE CHAIR
Indexes: BUDGET, TAX LEVY
Attachments: 1. DOA Letter, 2. Hearing Notice List, 3. LRB175561-2.pdf

Number

190902

Version

SUBSTITUTE 1

Reference

 

Sponsor

ALD. COGGS

Title

Substitute resolution establishing the rate of taxation for 2020 budget purposes as computed by the Commissioner of Assessments.

Analysis

In compliance with state law, this resolution establishes the rate of taxation for 2020 budget purposes as computed by the Commissioner of Assessments.

Body

Whereas, Section 65.07(1)(a), Wis. Stats., 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 s. 65.07(1)(a), Wis. Stats., the tax rate of the City of Milwaukee, as computed by the Commissioner of Assessments, resulting from budgetary totals adopted by the Common Council in November, 2019, shall be the tax rate of the City of Milwaukee for the General City Fund for the year 2020.

 

Requestor

Drafter

Ref: 2020 BF, 3B; Eric Pearson

LRB175561-2

Teodros W. Medhin

11/22/2019