Skip to main content

AgendaQuick™

View Agenda Item

Item 5.a.
 
City Council Regular
Date: 06/27/2022
Title: Public Hearing and Resolutions Setting Annual Levy/Assessments for Fiscal Year 2023
Presented by: Andy Zoeller, Finance Director
Department: Finance
Presentation: Yes
Legal Review Not Applicable

RECOMMENDATION

Staff recommends that the City Council conduct one public hearing for all the levies/assessments and approve each individual resolution. These levies/assessments are listed as sub items under one agenda item.  The Council may conduct one public hearing where anyone may speak about any of the levies/assessments.  After the public hearing is closed, the Council will need to take action on each individual levy/assessment resolution.  All resolutions may be approved by a majority vote.

BACKGROUND (Consistency with Adopted Plans and Policies, if applicable)

The following property tax levy and annual assessment resolutions have been completed by the Finance Department and the levies and assessments are ready to be spread on the tax files.
 
  • Mill Levy Rates for General, Transit, Library, Public Safety I,II and III
  • Downtown Business Improvement District
  • Tourism Business Improvement District

The mills will be set at 203 in FY 2023 for General, Transit, Library, and Public Safety I, II and III levies. The TBID assessment is $2 per rented room per night and will not change from last year.  The DBID assessment is based on many factors which includes total square footage, count of all parcels, total taxable value, and total building square footage within the district.  For FY 2023 the assessments for the DBID total $523,127.09.

ALTERNATIVES

City Council may:
  • Approve; or,
  • Not Approve and provide additional guidance to staff 
  • Amend and approve the resolutions

FISCAL EFFECTS

Establishing these mills will allow the City's General, Transit, Library and Public Safety I, II & III to collect the maximum monies allowed by the Charter for the upcoming fiscal year. 

Attachments