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HomeMy WebLinkAboutOrdinance 5447 ORDINANCE NO. 5447 AN ORDINANCE LEVYING A TAX ON THE REAL AND PERSONAL PROPERTY WITHIN THE CITY OF FAYETTEVILLE, ARKANSAS, FOR THE YEAR 2011 FIXING THE RATE THEREOF AT 1.3 MILLS FOR GENERAL FUND OPERATIONS, 0.4 MILLS FOR THE FIREMEN'S PENSION AND RELIEF FUND, 0.4 MILLS FOR THE POLICEMEN'S PENSION AND RELIEF FUND AND 1.0 MILL 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 2011 to be collected in 2012 for the following purposes at the following rates: REAL AND PERSONAL PROPERTY Purpose Lev General Fund-Operations 1.3 mills Fayetteville Public Library 1.0 mills Policemen's Pension Fund 0.4 mills Firemen's Pension Fund 0.4 mills TOTAL 3.1 mills Section 2. That the real and personal property tax so levied and the rates provided therefor are hereby certified to the County Clerk of Washington County, Arkansas, to be placed in the tax book 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. Page 2 Ordinance No. 5447 PASSED and APPROVED this day of 4t'day of October, 2011. APPROVED: ATTEST: By: By: �-8... �. t' 4AL ELD J A ayor SONDRA E. SMITH, City Clerk/Treasurer QQQQQt91f�IdDyJ FAYETTEVILLE® s L o C7 ./Q 9� AN5 ®J K oo Po . NGTO City of Fayetteville Staff Review Form City Council Agenda Items and Contracts, Leases or Agreements 10/4/2011 City Council Meeting Date Agenda Items Only Paul A. Becker Finance& Internal Services Finance& Internal Services Submitted By Division Department Action Required: City Council is requested to adopt real and personal property tax rates for 2011 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 also requested to adopt real and personal property tax rates for 2010 for the City's General Fund. The rate requested 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 Budget Adjustment Attached \�J Q -1 I Previous Ordinance or Resolution# 5360 Department r Date Original Contract Date: 5' ( Original Contract Number: City rney Date `�!n,,,� ©l 9-13-mo i Finance and Internal Services Director Date Received in City 00-1 - I n 10 4 0 R C V D Clerk's Office /►,, yChief Date Received inMayor's Office ate Comments: Revised January 15,2009 Z0 ay4e e—V e THE CITY OF FAYETTEVILLE,ARKANSAS ARKANSAS TO: Mayor Lioneld Jordan and Fayetteville City Council THRU: Don Marr, Chief of Staff FROM: Paul A. Becker, Finance Director DATE: September 27, 2011 SUBJECT: 2011 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 2012 General Fund operations. This will continue the same millage as levied last year. 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 2011. The total assessed value of real and personal property located within the city limits of Fayetteville, as of August 5, 2011, is approximately $1.283 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 property assessments is approximately 2.73% as of August 5, 2011. 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 as was approved by referendum. A millage levy ordinance must be approved for the operation of the Fayetteville Public Library and 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 both real and personal property. Telecommunications Device for the Deaf TDD(479)521-1316 113 West Mountain-Fayetteville,AR 72701 THE CITY OF FAYETTEVILLE,ARKANSAS The 2011 proposed property tax revenue amount based on the 1.3 mil levy is estimated to bring in $1,523,000 in General Fund revenue. Below is a proposed calendar of meetings during the months of September and October to discuss the millage levy. Tuesday, September 27 Agenda Session Tuesday, October 4 City Council Meeting Tuesday, October 11 Agenda Session Tuesday, October 18 City Council Meeting Budget Impact: The 0.4 mils Police and 0.4 mils Fire is needed to fund the Pension plans for both. The 1.0 mils is used to fund the operation of the Fayetteville Public Library. The 1.3 mils will be used to fund General Fund operations. Conclusion: The millage levy must be at Washington County in time to be included in their consolidated levy ordinance which will be approved at the November 10, Quorum Court meeting. The deadline for receipt is set by the County. Last year that deadline was October 28. 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 2010. The administration is requesting the same millage rate as was approved in 2010 as follows: 1.3 mils for General Fund Operations 1.0 mils for the Fayetteville Public Library 0.4 mils for the Police Pension Fund 0.4 mils for the Fire Pension Fund If you have any questions concerning this agenda request please contact me at 575-8330. Telecommunications Device for the Deaf TDD(479)521-1316 113 VJest Mountain-Fayetteville,AR 72701 City of Fayetteville Property Tax Revenue per Mil August 5, 2011 Millage Approximate Revenue 0.10 $ 117,000 0.20 $ 234,000 0.30 $ 351,000 0.40 $ 469,000 0.50 $ 586,000 0.60 $ 703,000 0.70 $ 820,000 0.80 $ 937,000 0.90 $ 1,054,000 1.00 $ 1,171,000 1.20 $ 1,406,000 1.30 $ 1,523,000 2.00 $ 2,343,000 2.20 $ 2,577,000 2.70 $ 3,163,000 3.20 $ 3,749,000 3.70 $ 4,334,000 4.20 $ 4,920,000 4.70 $ 5,506,000 The millage revenue reflected above is based on the Washington County Prelimiary Summary Report of County Assessments for the Year 2011 dated August 5, 2011 and includes real and personal property for Utilities. The City Council can approve up to 5.0 mils for operations. The table assumes a 91.3% collection rate. Total real and personal property assessments for 2012 amount to approximately $1,243 million excluding real estate and personal property for utilities. Property Tax Impact Illustration Appraised Value Assessed Value 1 Mil Tax/Year Single Family Home $ 75,000.00 $ 15,000.00 $ 15.00 Single Family Home $ 100,000.00 $ 20,000.00 $ 20.00 Single Family Home $ 150,000.00 $ 30,000.00 $ 30.00 ORDINANCE NO. AN ORDINANCE LEVYING A TAX ON THE REAL AND PERSONAL PROPERTY WITHIN THE CITY OF FAYETTEVILLE, ARKANSAS, FOR THE YEAR 2011 FIXING THE RATE THEREOF AT 1.3 MILLS FOR GENERAL FUND OPERATIONS, 0.4 MILLS FOR THE FIREMEN'S PENSION AND RELIEF FUND, 0.4 MILLS FOR THE POLICEMEN'S PENSION AND RELIEF FUND AND 1.0 MILL 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 2011 to be collected in 2012 for the following purposes at the following rates: REAL AND PERSONAL PROPERTY Purpose LL General Fund-Operations 1.3 mills Fayetteville Public Library 1.0 mills Policemen's Pension Fund 0.4 mills Firemen's Pension Fund 0.4 mills TOTAL 3.1 mills Section 2. That the real and personal property tax so levied and the rates provided therefor are hereby certified to the County Clerk of Washington County, Arkansas, to be placed in the tax book 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 day of 4th day of October, 2011. APPROVED: ATTEST: By: By: LIONELD JORDAN, Mayor SONDRA E. SMITH, City Clerk/Treasurer Aovmftftftftw 'd ' roi o ars cc'4 Office of the City Clerk Treasurer 4r LjL� 113 West Mountain .tayt. tev illeFayetteville, AR 72701 ARKANSAS Phone: (479)575-8323 Fax: (479) 718-7695 city_clerk@ci.fayefteville.ar.us www.accessfayetteville.org October 7, 2011 �i i Karen Combs Pritchard Washington County Clerk Washington County Courthouse 280 North College Avenue, Suite 300 Fayetteville, Arkansas 72701 RE: City of Fayetteville Real and Personal Property Tax Levy 2011 Ordinance No. 5447 Dear Ms. Pritchard, I have attached a copy of Ordinance No. 5447 that was passed and approved by the Fayetteville City Council on October 4, 2011 levying the real and personal property tax rates for the City of Fayetteville for the year 2011. I do hereby certify that Ordinance No. 5447 is a true and correct copy filed in my office on the 4th day of October, 2011. I would like to thank you in advance for your attention to this matter. Sincerely, Sondra E. Smith City Clerk/Treasurer City of Fayetteville, Arkansas cc: Lioneld Jordan,Mayor Paul Becker,Finance Director Kit Williams, City Attorney Kevin Springer, Budget Director Bette Stamps,County Recorder/Circuit Clerk Jeff Williams,County Assessor David Ruff, County Tax Collector Telecommunications Device for the Deaf TDD/TTY(479)521-1316 WASHINGTON COUNTY STATE OF ARKANSAS 1 � • r�;�,a,; Washington County Courthouse 280 North College Avenue, Suite 300 Fayetteville, Arkansas 72701 Telephone: (479) 444-1711 KAREN COMBS PRITCHARD Fax: (479)444-1894 COUNTY AND PROBATE CLERK J --a City Clerk Dear Clerk: Please submit the tax levy figures for your City for the year 2011 The Quorum Court meets on November 10th. I need this information by November 1 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 MILLS BREAKDOWN General Fund-Operations 1.3 mills Fayetteville Public Library 1.0 mills Policemen's Pension Fund 0.4 mills _Firemen's Pension Fund 0.4 mills SIGNATURE AND TITLE OF PERSON AUTHORIZED SUBMIT TAX Ci} ORDINANCE NO. 5447 AN ORDINANCE LEVYING A TAX ON THE REAL AND PERSONAL PROPERTY WITHIN THE CITY OF FAYETTEVILLE, ARKANSAS, FOR THE YEAR 2011 FIXING THE RATE THEREOF AT 1.3 MILLS FOR GENERAL FUND OPERATIONS, 0.4 MILLS FOR THE FIREMEN'S PENSION AND RELIEF FUND, 0.4 MILLS FOR THE POLICEMEN'S PENSION AND RELIEF FUND AND 1.0 MILL 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 2011 to be collected in 2012 for the following purposes at the following rates: REAL AND PERSONAL PROPERTY Purpose Lev General Fund-Operations 1.3 mills Fayetteville Public Library 1.0 mills Policemen's Pension Fund 0.4 mills Firemen's Pension Fund 0.4 mills TOTAL 3.1 mills Section 2. That the real and personal property tax so levied and the rates provided therefor are hereby certified to the County Clerk of Washington County, Arkansas, to be placed in the tax book 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. Page 2 Ordinance No. 5447 PASSED and APPROVED this day of 4th day of October, 2011. APPROVED: ATTEST: By: By: MJ ELD J A ayor SONDRA E. SMITH, City Clerk/Treasurer ` i ►►n►rrrrt :FAYETTEVILLE: i iL o •A- .�. s ��/ /y ••ee•° 0 e�`a