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 as amended by the Assembly Finance Committee (AFC). As part of the budget review process, the AFC reviewed, amended and recommends to the Assembly, the final mill levies.
For FY20 the AFC recommends an increase of 0.10 mills to the Manager’s recommended operating mill rate, and supports the Manager’s recommendation to decrease the debt service mill rate by 0.10 mills. This results in a total mill levy that remains unchanged from FY19 at 10.66 mills; the components of which are:
|
Operation Mill Rate by Service Area
|
|
Millage
|
Change from FY19 Adopted
|
|
Roaded Service Area
|
|
|
|
2.45
|
0.15
|
|
Fire Service Area
|
|
|
|
0.31
|
(0.05)
|
|
Areawide
|
|
|
|
6.70
|
-
|
|
Operating Total
|
|
|
|
9.46
|
0.10
|
|
|
|
|
|
|
|
|
Debt Service
|
|
|
|
1.20
|
(0.10)
|
|
Total
|
|
|
|
|
10.66
|
-
|
|
|
An opportunity for public comment was provided at a Special Assembly meeting on April 24, 2019. The AFC reviewed the mill rate ordinance at its meetings on April 24 and May 15, 2019, referring the amended ordinance to the full Assembly for adoption.
|