Loading...
HomeMy WebLinkAboutOrdinance 5530 ORDINANCE NO. 5530 AN ORDINANCE LEVYING A TAX ON THE REAL AND PERSONAL PROPERTY WITHIN THE CITY OF FAYETTEVILLE, ARKANSAS, FOR THE YEAR 2012 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 2012 to be collected in 2013 for the following purposes at the following rates: REAL AND PERSONAL PROPERTY Purpose Levy 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 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. Page 2 Ordinance No. 5530 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 2nd day of October, 2012. APPROVED: ATTEST: B B Y• Y• NEL AN, ayor SONDRA E. SMITH, City Clerk/Treasurer T RFq FAYETTEVILLE:' �kA NSP. ''''' /V�I1011il►► City of Fayetteville Staff Review Form City Council Agenda Items and Contracts, Leases or Agreements 9/18/2012 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 2012 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 2012 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 Previous Ordinance or Resolution# 5447 Department Directo Date u / Original Contract Date: Original Contract Number: City Attorney Date Finance and Internal Services Director Date Received in City OP--4 - 12 P03: 0 b R C V D Clerk's Office A/,y V%— Ch of of 6 Date ENT E Received in Mayor's Office M yor #Pte Comments: Revised January 15,2009 FayeleK—Vll�-Ie THE CITY OF FAYETTEVILLE,ARKANSAS S TO: Mayor Lioneld Jordan and Fayetteville City Council THRU: Don Marr, Chief of Staff FROM: Paul A. Becker, Finance Director DATE: August 27, 2012 SUBJECT: . 2012 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 2013 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 2012. The total assessed value of real and personal property located within the city limits of Fayetteville, as of August 3, 2012, is approximately $1.307 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 1.36% as of August 3, 2012. 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 2013 proposed property tax revenue amount based on the 1.3 mil levy is estimated to bring in $1,614,000 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 11 Agenda Session Tuesday, September 18 City Council Meeting Tuesday, September 25 Agenda Session Tuesday, October 2 City Council Meeting Tuesday, October 9 Agenda Session Tuesday, October 16 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 8, Quorum Court meeting. The deadline for receipt is set by the County. Last year that deadline was November 1. 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 2012. The administration is requesting the same millage rate as was approved in 2011 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 West Mountain-Fayetteville,AR 72701 City of Fayetteville Property Tax Revenue per Mil August 3, 2012 Millage Approximate Revenue 0.10 $ 124,00 0 0.20 $ 248,000 0.30 $ 373,000 0.40 $ 497,000 0.50 $ 621,000 0.60 $ 745,000 0.70 $ 869,000 0.80 $ 994,000 0.90 $ 1,118,000 1.00 $ 1,242,000 1.20 $ 1,490,000 1.30 $ 1,614,000 2.00 $ 2,484,000 2.10 $ 2,608,000 2.60 $ 3,229,000 3.10 $ 3,850,000 3.60 $ 4,471,000 4.10 $ 5,092,000 4.60 $ 5,713,000 The millage revenue reflected above is based on the Washington County Preliminary Summary Report of County Assessments for the Year 2012 dated August 3, 2012 and includes 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 2013 amount to approximately $1,307 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 2012 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 2012 to be collected in 2013 for the following purposes at the following rates: REAL AND PERSONAL PROPERTY Purpose Levy 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 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 18th day of September, 2012. APPROVED: ATTEST: By: By: LIONELD JORDAN, Mayor SONDRA E. SMITH, City Clerk/Treasurer Office of the City Clerk Treasurer o r�Ile 113 West Mountain 4"Tayelr V f I L E COPY Fayetteville, 57 72701 ARKANSAS Phone: (479)575-8323 Fax: (479) 718-7695 city_clerk@ci.fayetteville.ar.us www.accessfayetteville.org N October 8, 2012 z: o Karen Combs Pritchard Washington County Clerk Washington County Courthouse w 280 North College Avenue, Suite 300 0 Fayetteville, Arkansas 72701 G' RE: City of Fayetteville Real and Personal Property Tax Levy 2012 Ordinance No. 5530 Dear Ms. Pritchard, I have attached a copy of Ordinance No. 5530 that was passed and approved by the Fayetteville City Council on October 2, 2012 levying the real and personal property tax rates for the City of Fayetteville for the year 2012. I do hereby certify that Ordinance No. 5530 is a true and correct copy filed in my office on the 2nd day of October, 2012. I would like to thank you in advance for your attention to this matter. Sincerely, )aAIA-L' 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 TDDfM(479)521-1316 WASHINGTON COUNTY STATE OF ARKANSAS �•.�yea 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 RECEIVED SEP 12 2012 CITY OF FAYETTEVILLE CITY CLERK'S OFFICE City Clerk 17 Dear Clerk: Please submit the tax levy figures for your Cit, for the year 2012 The Quorum Court meets on November 15th. I need this information by November 5th. 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, m N C:3 Karen Combs Pritchard 4 � - Washington County Clerk t O C� TOTAL 3.1 MILLS BREAKDOWN 1.3 General Fund — Operations 1.0 Fayetteville Public Library 0.4 Policemen's Pension Fund 0.4 Firemen's Pension Fund 046-v� 4)y"CA SIGNATURE AND TITLE OF PERSON AUTH6RI ZED TO SUBMIT TAX Ci of Fa CERTIFICATE OF RECORD CERTIF1 ED State of Arkansas }ss, 1,Sondra E, Smith, City Clerk[freasurer for the City of Fayetteville, do hereby certify Wal the foregoing instrument is a true and correct copy of th origin,W fi!t in my office art th day of it less my hand and seal day of - ondra E.Smith, C ity35erkfrreasurer ORDINANCE NO. 5530 AN ORDINANCE LEVYING A TAX ON THE REAL AND PERSONAL PROPERTY WITHIN THE CITY OF FAYETTEVILLE, ARKANSAS, FOR THE YEAR 2012 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 2012 to be collected in 2013 for the following purposes at the following rates: REAL AND PERSONAL PROPERTY Purpose Levy 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 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. CERTIFIED Page 2 Ordinance No. 5530 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 2"d day of October, 2012. APPROVED: ATTEST: 13y By: I NEL AN, ayor SONDRA E. SMITH, City ClerkJTreasurer ►�►►�►rurrrr►y CR,�•Y C) FnrM FVJLLE-z3 '�►�r►+ C)N'►►►���