04. Resolution 4724 - Budget Resolution - Mill LevyCity
of Kalispell
Post Office Box 1997 - Kalispell. Montana 59903-1997 - Telephone (406)758-7700 Fax(406)758-7758
REPORT TO:
Mayor Kennedy and City Council Members
FROM:
Amy Robertson, Finance Director
Chris Kukulski, City Manager
SUBJECT:
Mill levy - FY2003 Budget
MEETING DATE:
July 15, 2002
BACKGROUND: The resolution is adopted annually to provide a levy to fund the City's
Budgets for the General Fund, Comprehensive Insurance Fund, Health Insurance Fund and
Retirement Fund. Added this year is the voted levy for the G. O. Bond for new pool, 12 mills,
and an additional 9 mill levy authorized by the last legislature to deal with the increased cost in
health insurance premiums. The mill levy is set at the allowed amount per the calculations on
forms provided by the Department of Revenue. The levy calculation adjusts the mill value for
changes resulting from SB184, HB260 and HB124. The total City levy is 152.60 mills. The
revenue generated by this levy includes the 1.28% inflation factor allowed by HB 124 generating
approximately $35,373. It also includes the adjustment for lost revenue due to previous
legislation pertaining (SB 184) for personal property reimbursements and motor vehicle.
This resolution also adopts the levy for the City -County Health Department at 4.93 mills. This
levy is administered by the County but must be adopted by the City Council
RECOMMENDATION: Adoption of Resolution 4724 setting the mill levy at 152.60 for the
City of Kalispell and 4.93 mills for the City County Health Dept.
FISCAL EFFECTS: Levy will generate approximately $3,640,730 in tax revenue for the City
Based on a mill value of $23,858. The mill value is subject to change as
appeals and other adjustments are made this fall.
ALTERNATIVES: As suggested by Council.
X&JLv
Amy If. Robertson Chris A. Kukulski
Finance Director
Report compiled: July 10, 2002
City Manager
A RESOLUTION MAKING THE ANNUAL TAX LEVIES FOR THE CITY OF
KALISPELL, MONTANA, FOR THE FISCAL YEAR 2002-2003.
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 City of
Kalispell, Montana, for the fiscal year 2002-2003, the
following levies:
GENERAL FUND 89.10 MILLS
COMPREHENSIVE INSURANCE 11.00 "
RETIREMENT 13.00 "
HEALTH INSURANCE 27.50 "
G. O. BOND - POOL 12.00 IF
SUBTOTAL CITY LEVY 152.60 MILLS
SECTION II. That there is hereby levied upon each and every
dollar of the taxable valuation of the City of Kalispell,
Montana, for the fiscal year 2002-2003, the levy for the City -
County Health Department, said funds to be collected and
administered by Flathead County:
CITY - COUNTY HEALTH DEPARTMENT 4.93 MILLS
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF
THE CITY OF KALISPELL THIS 15TH DAY OF JULY, 2002.
Pamela B. Kennedy
Mayor
ATTEST:
Theresa White
City Clerk