Title
Resolution to Order Election, Determine Ballot Question for Charter Amendment for Approval of Park Maintenance and Capital Improvement Millage (CIP) for 2013 through 2018 and Reaffirm the Parks Maintenance and CIM Administrative Millage Policy (7 Votes Required)
Memorandum
Approval of this resolution will place a ballot question asking for renewal of the expiring park maintenance and capital improvements millage on the November 6, 2012 ballot, and reaffirm City Council's administrative millage policy.
With the expiration of the park maintenance and capital improvements millage approaching, a work group consisting of Park Advisory Commission and City staff members evaluated the existing millage and related funding guidelines and Administrative Policy set by City Council. A presentation was given to City Council at a work session in March. The Park Advisory Commission (PAC) sought public input on the millage renewal during several community forums in April and May. PAC unanimously passed a resolution at their June 19th meeting recommending that City Council place a renewal of the millage on the November ballot and reaffirm the administrative millage policies to inform voters of the manner in which millage revenue will be utilized.
This millage renewal proposes 1.10 mills and estimates a total revenue in the first year of the new millage, if approved, of $5,052,000. Subsequent annual revenue will be adjusted based on the Headlee rollback and property value adjustments. The estimated annual cost to a homeowner based on a mean taxable value of $107,000 is expected to be $117.70 for FY2014. The current cost to a homeowner based on a mean taxable value of $107,000 for the expiring millage for FY2013 is $117.37.
This millage renewal will be for six-years with the following annual fund allocation: 70% park maintenance activities, 30% park capital improvement projects, and up to a 10% variable shift between the two annually. Park maintenance activities that...
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