MANAGER'S REPORT:
This ordinance establishes the mill rates for property taxes for 2019, which funds a significant portion of the City and Borough of Juneau’s FY20 operating budget. The Charter requires the assembly to adopt, by ordinance, the tax levies necessary to fund the budget before June 15.
The mill levies presented in this ordinance support the Manager’s FY20 Revised Budget that will be reviewed by the Assembly Finance Committee. As part of the budget review process, the Assembly Finance Committee will review and recommend, to the Assembly, the final mill levies. The final mill levies must be adopted on or before June 15.
For FY20 the operating mill rate remains unchanged there is a change in Service Areas from FY19, and the proposed debt service mill rate is set to decrease by 0.10 mills. This ordinance proposes a total mill levy of 10.56; the components of which are:
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Operation Mill Rate by Service Area
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Millage
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Change from FY19 Adopted
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Roaded Service Area
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2.45
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0.15
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Fire Service Area
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0.31
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(0.05)
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Areawide
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6.60
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(0.10)
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Operating Total
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9.36
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-
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Debt Service
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1.20
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(0.10)
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Total
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10.56
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(0.10)
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