A special meeting of the City Council was held on
Councilmen present:† Drummond Black, Bruce Johnson, Hollis McKeag, James Myers, Joseph Rokosz
Councilmen absent:††† None
TAX RATE COMPARISON
Robert Fisher, Director of Fiscal Services, presented an
overview of the 2004-05 proposed City of
TAXABLE VALUE GROWTH
Robert Fisher, Director of Fiscal Services, presented an overview of the 2004 taxable value growth, which is 1.24% more than the 2003 taxable value.
COMPARISON OF CITY COUNCIL GOALS WITH PROPOSED BUDGET
Jack Duso, Assistant
REVENUE OVERVIEW AND SPECIFICS
Dave Keenan, City Controller, presented an overview of the 2004-05 proposed General Fund revenues by category and described the declining investment earnings and state shared revenues since the 2000-01 fiscal year.
Dave Keenan, City Controller, presented an overview of the 2004-05 proposed General Fund expenditures by category.
Paula Speese, Human Resources Director, presented an overview of employee health insurance costs and pension costs and showed the increased costs of each since the 2000-01 fiscal year.
Marty McGuire, Director of Public Services, presented an overview of the Plymouth Park Pool task force, plan, and the proposed 2004-05 budget appropriation for the multi-year funding of its refurbishment.
Brian McManus, City Engineer, presented an overview of the 2004 sidewalk construction program and indicated that the total cost of the proposed program is $89,262 while the proposed 2004-05 budget is $80,000.
TAX APPEAL RESERVE
Robert Fisher, Director of Fiscal Services, explained the reduction of the Tax Appeal Reserve fund as a result of the MCV decision by the Michigan Tax Tribunal and the effect of the March 12, 2004, exchange of appraisals in the Dow Corning Corporation tax appeal, which lowers the reserve for that appeal from 80% of the value in contention to 60%.† The combined effects on the Tax Appeal Reserve tax rate is a reduction of 2.97 mills.
TAX APPEAL DEFENSE COSTS
Robert Fisher, Director of Fiscal Services, presented an overview of the tax appeal defense costs and the proposed budget for those costs.
Jack Duso, Assistant
BUDGET QUESTIONS FROM THE PUBLIC
Mr. William Fagley,
He also expressed his disappointment with the Michigan Tax Tribunalís decision on the MCV tax appeal, which needed three corrections to make it right.† He hopes that the Michigan Court of Appeals can reach a decision within one year and that the City can negotiate the remaining four years.† He also mentioned that it is not the Cityís fault.
Mr. Fagley went on to question the fund balances of the following Internal Service Funds:† Data Processing Computer Rental Fund, Data Processing Operations Fund, Equipment Revolving Fund, Municipal Service Center Fund, and the Property and Liability Insurance Fund.
CITY COUNCIL QUESTIONS
Being no further business the meeting adjourned at
John E. Duso, Deputy City Clerk