2018-06-09 / News

City Seeks to Renew Millage Rate June 20

The public can comment on the city’s tax rate at the annual Truth in Taxation Hearing, which is scheduled for 3:45 p.m. Wednesday, June 20, preceding the city council meeting at 4 p.m.

The city will seek to renew the millage rate of 9.0877 mills. The city currently levies 6.5767 mills for the General Fund, 0.4 mill for the Road Improvement Fund, 0.4 for the Capital Fund, 0.2705 for the Fire Truck Fund, 0.34 for Emergency Medical Services (EMS), and 1.1 for the Department of Public Works.

The city’s taxable value increased this year to about $236 million, up from $227,460,651 in 2017.

The millage rate will levy about $80,000 next year for EMS. The Finance Committee considered increasing the EMS millage rate at a Tuesday, June 5, meeting, since the costs for the first quarter of 2018 were much higher than previous years, about $39,000. While the high cost was unexpected, Chairperson Anneke Myers said the millage has fully covered ambulance service costs since it was originally passed in 2015. While council members had hoped the levy would also collect enough money to save for a new ambulance, she said, the city shouldn’t raise the millage rate until the cost of EMS exceeds the amount collected by the city through the millage rate.

With the current rate, the Road Improvement Fund would gain about $94,400 next year, which likely will be used for an upcoming paving project on Market Street.

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