25LINKBUDGET(FULL) - Flipbook - Page 87
City of Plymouth 2024 / 2025 Budget
04/01/2024
Budget Hearing Resolution
The following resolution is for the 2024 - 2025 City Budget Hearing for June 3, 2024. The
adjustments to the proposed budget which were made during the review sessions with the
City Commission are summarized on the pages following the resolution.
The proposed property tax levy is as follows:
General Fund Operating
2012 / 2020 Debt
Solid Waste / Recycling
GRAND TOTAL LEVY
Maximum
2024 / 25
10.3099 Mills
Actual
2023 / 24
10.3410 Mills
Proposed
2024 / 25
10.3099 Mills
Unlimited
2.7300 Mills
1.9500 Mills
2.0599 Mills
1.8200 Mills
1.8200 Mills
12.3698 Mills
14.8910 Mills
14.0799 Mills
The total authorized millage, after the Headlee rollback, is 12.3698 mills for operating
purposes in addition to the millage necessary to provide debt service for the voted street
bonds issued in 2020 and 2024. The total proposed millage for fiscal year 2024/25 of 14.0799
mills is .8111 mills less than that for the previous fiscal year.
RESOLUTION
2024-2025 CITY BUDGET HEARING
WHEREAS, the 2024-2025 City Budget was presented to the City Commission by the City
Manager on April 1, 2024, and was reviewed by the City Commission with the Administration
during a public study sessions; and
WHEREAS, various modifications have been made to the proposed budget based on a review
of projected revenues and expenditures and the City’s priorities for various programs and
projects;
NOW, THEREFORE, BE IT RESOLVED, that the City Commission hereby calls a public hearing
to consider the proposed 2024-2025 City Budget, as revised, in accordance with the following
notice:
25BINTRO-28-BHR.DOCX
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