F11. Resolution 5734 - BID LevyG'� City of Kalispell
Post Office Box 1997 - Kalispell, Montana 59903-1997
Telephone (406) 758-7000 Fax - (406) 758-7758
MONTA NA
REPORT TO: Doug Russell, City Manager IV
FROM: Rick Wills, Finance Director
SUBJECT: FY2016 Downtown Business Improvement District Budget
MEETING DATE: August 17, 2015
BACKGROUND: The Business Improvement District budget request is for $148,734.
The BID levy of 37.5 mills and the square footage assessment of $ .015 are the same tax and
assessment rates as the previous year. The BID is a component unit of the City of Kalispell and
City Council approval of the budget and work plan is required. The budget and work plan were
included in the preliminary budget.
RECOMMENDATION: It is recommended the City Council approve Resolution 5734
adopting the appropriations and work plan for the Downtown Business Improvement District.
ATTACHMENT: Resolution 5734, BID Annual Tax Levy and Assessment
RESOLUTION NO.5734
A RESOLUTION MAKING THE ANNUAL TAX LEVY FOR THE BID (BUSINESS
IMPROVEMENT DISTRICT) OF KALISPELL, MONTANA, FOR THE FISCAL YEAR
2015-2016 AND LEVYING AN ASSESSMENT FOR THE BID FOR FISCAL 2015-2016.
WHEREAS, the assessment cost of the Business District for the fiscal year 2015-2016 is estimated
to be $24,000, and the levy revenue will generate $51,413 for a total of $75,413.
WHEREAS, at a public hearing held on the 6th day of July, 2015, the City Council did consider all
objections made to said estimates and to the basis of levy and assessments for
payment for said costs (included as part of the City of Kalispell budget).
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS:
SECTION 1. That there is hereby levied upon each and every dollar of the taxable
valuation of the Business Improvement District of Kalispell,
Montana, for the fiscal year 2015-2016, the following levy:
BUSINESS IMPROVEMENT DISTRICT LEVY 37.5 MILLS
SECTION 2. That there is hereby levied upon each and every dollar of the taxable
valuation within the Business Improvement District of the City of Kalispell,
Montana, for the fiscal year 2015-2016, the following assessment:
ASSESSMENT
.015 SQ. FOOT
SECTION 3. That the annual appropriation for the Business Improvement District of the
City of Kalispell, Montana are hereby fixed as follows:
BUSINESS IMPROVEMENT DISTRICT $148,734
SECTION 4. The Business Improvement District Board of Directors is hereby authorized
to transfer any part of an unencumbered balance of an appropriation to a
purpose or object for which the appropriation for the current year is
insufficient or to transfer betweens items appropriated within the fund.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE
CITY OF KALISPELL THIS 17TH DAY OF AUGUST, 2015.
ATTEST:
Judi Funk
Deputy City Clerk
Mark Johnson
Mayor