9. Resolution 5381 - Budget Resolution - BIDCity of Kalispell
Post Office Box 1997 - Kalispell, Montana 59903-1997
Telephone (406) 758-7000 Fax - (406) 758-7758
REPORT TO: Mayor Kennedy and City Council Members
FROM: Amy Robertson, Finance Director
Myrt Webb, Interim City Managerll��i
SUBJECT: 2010 Business Improvement District budget
MEETING DATE: August 3, 2009
BACKGROUND: The Business Improvement District (BID) is able to levy taxes and
assessments against the property within the district for the 2009
November tax roll (FY2010). The last year levied was 2005. The
BID is requesting approval of the same levy as 2005 which is 37.5
mills and .015 sq. ft. assessments. This levy information is need at
the County to place on the tax roll. The BID budget is included in the
Preliminary budget book. The mill levy is anticipated to generate
$46,411 and the assessment will generate $23,327. The Annual
appropriation is $130,000 which includes funds that have been held
since 2005.
RECOMMENDATION: Adoption of Resolution 5381.
FISCAL EFFECTS: $69,738
Report compiled: July 29, 2009
RESOLUTION NO.5381
A RESOLUTION MAKING THE ANNUAL TAX LEVY FOR THE BUSINESS
IMPROVEMENT DISTRICT ("BID") OF KALISPELL, MONTANA, FOR THE FISCAL
YEAR 2009-2010 AND LEVYING AN ASSESSMENT FOR THE BID FOR FISCAL 2009-
2010.
WHEREAS, the assessment cost of the Business District for the fiscal year 2009-2010 is
estimated to be $23,227.00, and the levy revenue will generate $46,411 for a total
of $69,638.
WHEREAS, at a public hearing held on the 20th day of July, 2009, 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).
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL AS FOLLOWS:
SECTION I. 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 2009-2010, the following levy:
BUSINESS IMPROVEMENT DISTRICT LEVY 37.5 MILLS
SECTION II. 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 2009-2010, the following
assessment:
ASSESSMENT .015 SQ. FOOT
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF
THE CITY OF KALISPELL THIS 3RD DAY OF AUGUST, 2009.
Pamela B. Kennedy
Mayor
ATTEST:
Theresa White
City Clerk