HomeMy WebLinkAboutOrdinance 4935 ORDINANCE NO. 4935
AN ORDINANCE LEVYING A TAX ON THE REAL AND
PERSONAL PROPERTY WITHIN THE CITY OF
FAYETTEVILLE, ARKANSAS, FOR THE YEAR 2006 FIXING
THE RATE THEREOF AT 1 .3 MILS FOR GENERAL FUND
OPERATIONS, 0.4 MILS FOR THE FIREMEN'S PENSION
AND RELIEF FUND, 0.4 MILS FOR THE POLICEMEN' S
PENSION AND RELIEF FUND AND 1 .0 MILS FOR THE
FAYETTEVILLE PUBLIC LIBRARY; AND CERTIFYING THE
SAME TO THE COUNTY CLERK OF WASHINGTON
COUNTY, ARKANSAS
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section 1 : That a tax is hereby levied on the real and personal property within the
City of Fayetteville, Arkansas, for the year 2006 to be collected in 2007 for the following
purposes at the following rates:
REAL AND PERSONAL PROPERTY
Purpose Lev
General Fund — Operations 1 .3 mils
Fayetteville Public Library 1 .0 mils
Policemen's Pension Fund 0.4 mils
Firemen's Pension Fund 0.4 mils
TOTAL 3 . 1 mils
Section 2: That the real and personal property tax so levied and the rates provided
therefore are hereby certified to the Clerk of Washington County, Arkansas, to be placed in the
tax book by the County Clerk and collected in the same manner that the county and school
district taxes are collected.
Section 3 : The City Clerk is hereby authorized and directed to file certified copies of
this ordinance in the office of the County Recorder, County Clerk, County Assessor, and the
County Tax Collector for Washington County, Arkansas.
PASSED and APPROVED this 3rd day of October, 2006. S�a�.•'G�jY
,
; FAYETTEVILLE •
APPROVED: ATTEST: =`z '•,q4, 'A '
6
GTOtA o%
411w u
By: 2 By: n,4GlNI`>
DAN COODY, Mayo SONDRA SMITH, City Clerk
f.
WASHINGTON COUNTY FILE COPY
STATE OF ARKANSAS
Washington County Courthouse
p, • 280 North College Avenue, Suite 300
Fayetteville, Arkansas 72701
Telephone: (479) 444-1711
KAREN COMBS PRITCHARD Fax: (479) 444- 1894.
COUNTY AND PROBATE CLERK
N
Ch
d
City Clerk . ; z —
Dear Clerk:
Please submit the tax levy figures for your City for the year 2006. The Quorum Court meets on
November 9th. I need this information by November I St. Please give us the total levy figure and
complete breakdown of tax in the space provided below. This information must be provided on this
form.
Sincerely yours,
Karen Combs Pritchard
Washington County Clerk
TOTAL 3 . 1 Mils MILLS
1 . 3 Mils General Fund - Operations
BREAKDOWN
1 . 0 Mils Fayetteville Public Library
0 . 4 Mils Policemen ' s Pension FTnd
0 . 4 Mils Firemen ' s Pension Fund
SIGNATURE AND TITLE OF PERY& AUTHORIZW TO SUBMIT TAX RECEIVED
SEP 2 9 2006
t CITY OF FAYETTEVILLE
` CITY CLERK'S OFFICE
City of Fayetteville
Staff Review Form �q�5
City Council Agenda Items
or daJ6 rf li //Q /
Contracts N.rry
10/3/2006
City Council Meeting Date
Paul A. Becker / Kevin Springer;; Finance Finance
Submitted By Division Department
i
Action Required:
City Council is requested to adopt real and personal property tax rates for 2006 for the Policemen's Pension & Relief, the
Firemen's Pension & Relief Funds, and the Fayetteville Public Library. The rate to be adopted for the Policemen's Pension
& Relief Fund and the Firemen's Pension & Relief Fund is 0.4 mils for real property and 0.4 mils for personal property, the
millage for the Fayetteville Public Library is 1 .0 mil for real property and 1 .0 mil for personal property. City Council is
requested to adopt real and personal property tax rates for 2006 for the City's General Fund. The rate to be adopted for the
City's General Fund is 1 .3 mils for real property and 1 .3 mils for personal property.
Cost of this request Category / Project Budget Program Category / Project Name
$
Account Number Funds Used to Date Program / Project Category Name
Project Number Remaining Balance Fund Name
Budgeted Item O Budget Adjustment Attached
f Previous Ordinance or Resolution # 4792
Department Director Date Original Contract Date:
Original Contract Number:
%'- t4 -0c
City Attorney Date
Received in City lark's Off e
ENTERED
Finance and Internal Service Director Date
Received in Mayor's Office
Mayor Date
Comments:
•
Taeevle
ARKANSAS
DEPARTMENTAL CORRESPONDENCE
TO: Mayor Dan Coody and Fayetteville City Council
FROM: Paul A. Becker, Director of Finance
Kevin Springer, Budget Manager,) &j�
DATE: September 14, 2006
SUBJECT: 2006 Millage Levy
Recommendation :
City staff recommends that City Council approve the millage levy ordinance approving the 0.4 mils
for the Policemen' s Pension and Relief Fund, 0.4 mils for the Firemen' s Pension and Relief Fund,
1 .0 mils for the Fayetteville Public Library, and 1 .3 mils for 2007 General Fund operations.
Background:
Each year the City must approve an ordinance to renew the levy of ad valorem taxes on real and
personal property within the City. This request will provide for such levy on property assessed
during 2006.
The total assessed value of real and personal property located within the city limits of Fayetteville, as
of August 7, 2006, is approximately $ 1 .02 billion. The assessed valuation is before the Washington
County Board of Equalization has made all the changes to the County Assessors Abstract. Based on
the preliminary assessments, the growth in real estate assessments is approximately 7.43%. The
change in assessed real estate value is due to newly discovered, newly constructed property 7,02%.
Discussion:
A millage levy ordinance must be approved by City Council in order for the City to continue to
collect property taxes for the Policemen' s Pension and Relief Fund and the Firemen's Pension and
Relief Fund. The millage levy for the Policemen's Pension and Relief Fund is 0.4 mils for real
property and 0.4 mils on personal property. The millage levy for the Firemen's Pension and Relief
Fund is 0.4 mils for real property and 0.4 mils on personal property.
A millage levy ordinance must be approved for the operation of the Fayetteville Public Library that
was approved by the voters on October 1 , 2002. The millage levy for the Fayetteville Public Library
is 1 .0 mils for real property and 1 .0 mils on personal property.
Finally, City staff is requesting that City Council approve a millage levy ordinance for General Fund
operations in the amount of 1 .3 mils for real property and 1 .3 mils on personal property. The levy
will maintain the 1 .3 mils approved by City Council on November 11 , 2005.
The 2007 Proposed Budget will be based on the 1 .3 mil levy and is estimated to bring in $ 1 ,257,000
in General Fund revenue. The 2007 Proposed Budget will be distributed to City Council on October
3 and the General Fund portion will be discussed during the month of October in addition to the
millage levy. A proposed calendar is shown below:
Tuesday, October 3 City Council Meeting
2007 Proposed Budget distributed
Tuesday, October 10 Agenda Session
2007 Proposed Budget — General Fund Presentation
R Tuesday, October 17 City Council Meeting
Property Tax Discussion & Approval
Tuesday, October 31 Agenda Session [ Special City Council Meeting
If Needed for Property Taxapproval)
s
Budget Impact:
The 0.4 mils Police and 0.4 Fire is needed to fund the Pension plans for both areas. The 1 .0 mils is
used to fund the operation of the Fayetteville Public Library. The 1 .3 mils are used to fund General
Fund operations.
Conclusion :
The millage levy must be at Washington County, November 1 to be included in their consolidated
levy ordinance which will be approved at the November 9, Quorum Court meeting. The City levy
will be added to the levies by Washington County, the various school districts, improvement districts
and other cities within the County when the Washington County Quorum Court adopts its millage
levy for 2006.
If you have any questions concerning this agenda request please contact either myself at 575-8330.
i ORDINANCE NO.
AN ORDINANCE LEVYING A TAX ON THE REAL AND PERSONAL
PROPERTY WITHIN THE CITY OF FAYETTEVILLE, ARKANSAS, FOR
i THE YEAR 2006 FIXING THE RATE THEREOF AT 1 .3 MIL FOR
GENERAL FUND — OPERATIONS, 0.4 MILS FOR THE FIREMEN' S
PENSION AND RELIEF FUND, 0.4 MILS FOR THE POLICEMEN' S
PENSION AND RELIEF FUND AND 1 .0 MIL FOR THE FAYETTEVILLE
CITY LIBRARY; AND CERTIFYING THE SAME TO THE COUNTY
CLERK OF WASHINGTON COUNTY, ARKANSAS
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
FAYETTEVILLE, ARKANSAS:
Section l : That a tax is hereby levied on the real and personal property within
the City of Fayetteville, Arkansas, for the year 2006 to be collected in 2007 for the following
purposes at the following rates:
REAL AND PERSONAL PROPERTY
Purpose Levy
General Fund — Operations 1 .3 mils
Fayetteville City Library 1 .0 mils
Policemen's Pension Fund 0.4 mils
Firemen's Pension Fund 0.4 mils
TOTAL 3. 1 mils
Section 2: That the real and personal property tax so levied and the rates
provided therefore are hereby certified to the Clerk of Washington County, Arkansas, to be
placed in the tax book by the County Clerk and collected in the same manner that the county
and school district taxes are collected.
Section 3 : The City Clerk is hereby authorized and directed to file certified
copies of this ordinance in the office of the County Recorder, County Clerk, County
Assessor, and the County Tax Collector for Washington County, Arkansas.
PASSED and APPROVED this 3rd day of October, 2006.
APPROVED:
By:
DAN COODY, Mayor
ATTEST:
By:
SONDRA SMITH, City Clerk
City of Fayetteville
Property Tax Revenue per Mil
August 7, 2006
Millage Approximate Revenue
0. 10 $ 97,000
0.20 $ 193,000
0.30 $ 290,000
0.40 $ 387,000
0.50 $ 484,000
0.60 $ 580,000
0.70 $ 677,000
0.80 $ 774,000
0.90 $ 870,000
1 .00 $ 967,000
1 .30 $ 19257,000
1 .50 $ 11451 ,000
2.00 $ 11934,000
2.50 $ 29418,000
3.00 $ 22902,000
3.50 $ 3,385,000
4.00 $ 318699000
4.50 $ 4,352,000
5.00 $ 41836,000
The millage revenue reflected above is based on the Washington County Preliminary Summary
Report of County Assessments for the Year 2006 dated August 7, 2006 and excludes real and
personal property for Utilities. The City Council can approve up to 5.0 mils for operations. The
table assumes a 95% collection rate. Total real and personal property assessments for 2006
amount to approximately $1 .01 billion excluding real estate and personal property for utilities.
Property Tax Impact Illustration (Single Family Home)
Appraised Value Assessed Value 1 .0 Mil Tax / Year 1 .3 Mil Tax / Year
$ 752000.00 $ 159000.00 $ 15.00 $ 19.50
$ 100,000.00 $ 20,000.00 $ 20.00 $ 26.00
$ 1502000.00 $ 309000.00 $ 2 30.00 $ 39.00
10.9.06 Clarice Pearman - Ord. 4935 Page 1
From: Clarice Pearman
To: Becker, Paul; Springer, Kevin
Date: 10.9.06 1 :00 PM
Subject: Ord. 4935
Attachments: 4935 Millage Tax 2006.pdf
CC: Audit
Gentlemen:
Attached is a copy of the ordinance passed by City Council, October 3, 2006 regarding the levying of the millage tax for
2006. If anything else is needed please let me know.
Thanks.
Clarice
Arkansas Democrat (Oaxette
May
_.
Northwest Arkansas Times
Benton County Daily Record
P. O. BOX 1607
FAYETTEVILLE, AR 72702
PHONE : 479-571 -6415
AFFIDAVIT OF PUBLICATION
I , Karen Caler, do solemnly swear that I am Legal Clerk of the Arkansas
Democrat Gazette newspaper. Printed and published in Benton County
Arkansas, (Lowell) and that from my own personal knowledge and
reference to the files of said publication, the advertisement of:
Ordinance 4935
Was inserted in the Regular Editions:
October 13, 2006
Publication Charge : $ 1. 14 . 98
I�
Subscribed and sworn to before me
This 3day of �� , 006 . ORDINANCE NO' 0933 AN ORDINANCE LEVYING A TAX ON THE REAL AND PERSONAL PROPERTY WITHIN THE CITY OFFayeV
FAYETTEVILLE. ARKANSAS, FORTHEYEAR206FIXING THE RATE THEREOF AT I.3 MILS FOR GENERAL FUND OPERATIONS, 0.4 MILS FOR THE S
FIREMEN'S PENSION AND RELIEF FUND, 0.4 MILS
Notary PubliFOR THE POLICEMEN'S PENSION AND RELIEF
1 FUND AND 1.0 MILS FOR THE FAYETTEVILLE PUBLIC LIBRARY: AND CERTIFYING THE SAME TO
1 THE COUNTY CLERK OF WASHINGTON COUNTY, ARKANSAS
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE,'
ARKANSAS:
My Commission Expires: Section is That atax is hereby levied on the real and personal property within the C'ny of Fayetteville,
Arkansas, for the year 2006 to be collected in 2007 for the folkamng purposes at the following rates:
Sharlene D. Williams REAL AND PERSONAL PROPERTY
Notary Public I Purpose Levy
General Fund - Operations 1.3 mils
State of Arkansas Fayalteville Public Library 1.0 mite
Policemen's Pension Fund 0.4 mils
My Commission Expires 1 FiremeniPension Fund Q.4 mi
TOTAL 3.1 mils
October 18, 2014 Section 2: That the real and personal property tax so levied and the rales provided therefore are
hereby certified to the Clerk of Washington Counts Arkansas, to be placed In the tax book by the
County Clerk and collected In the same manner that the county and school district taxes are col-
lected.
Section 3: The City Clerk is hereby authorized and directed to file certified copies of this ordinance
in the office of the County Recorder, County Clerk, County Assessor, and the County Tax Collector
RECEIVED fur Washington County, Aransas,
PASSED and APPROVED this 3rd day of October, 2006.
OCT2UGS APPROVED: ATTEST:
By: Sy:
16 DAN COODYr Mayer SONDR4 SMITNr City Clark
CITY OF FAYETTEVILLE
CITY CLERICS OFFICE