Form 868 - Notice Of Public Hearing On Increasing Property Taxes

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Michigan Department of Treasury, STC
L-4297
868 (3-97)
TRUTH IN TAXATION NOTICE
INSTRUCTIONS TO NEWSPAPER
The following notice is required by Section 211.24E MCL which
INSTRUCTIONS TO LOCAL GOVERNMENTS
provides:
This notice is not required if the local taxing unit
1.
The body of the notice must be set in 12 point type or larger.
complies with section 16 of the Uniform Budgeting
2.
The headline "Notice of Public Hearing on Increasing
and Accounting Act, P.A. 2 of 1968, being section
Property Taxes" must be set in 18 point type or larger.
141.436 of the Michigan Compiled Laws. If a local
3.
The notice cannot be smaller than 8 column inches by 4
taxing unit does not comply with Section 16 of the
horizontal inches.
Uniform Budgeting and Accounting Act, the following
4.
The notice cannot be placed in the portion of the newspaper
instructions still apply.
reserved for legal notices or classified advertising.
Notice of Public Hearing
Section 211.24E MCL requires that notice of public
hearing be published by a local taxing unit which
on Increasing Property Taxes
proposes to increase operating tax levied over the
maximum amount allowed to be levied without a
The
hearing. Notice may be published alone or included
name of governing body
with the notice of public hearing on a unit's budget
of the
held pursuant to Section 141.412 MCL. The model
name of taxing unit
notice at right fulfills the requirements under Section
will hold a public hearing on a proposed
211.24E MCL. It can be completed with all the
information provided for, detached from
these
increase of
mills in the operating
instructions
and
provided
to
the
appropriate
rate
newspaper for publication.
tax millage rate to be levied in
.
year
Other pertinent information can be included in the
The hearing will be held on
,
notice. This sample notice form meets minimum legal
day
requirements.
at
date
time a.m./p.m.
In addition to publishing requirements, the notice must
at
be posted at the principal office of the taxing unit.
.
The notice must be published in a newspaper of
place - address
general circulation in the taxing unit. Publication must
The date and location of the meeting to take action
occur six or more days before the public hearing.
on the proposed additional millage will be announced at
this public meeting.
The proposed additional millage rate must be
established by a resolution adopted by the governing
If adopted, the proposed additional millage will
body of the taxing unit before it conducts the public
increase operating revenues from ad valorem property
hearing.
taxes
% over such revenues generated by
levies permitted without holding a hearing. If the
Not more than ten days after public hearing, a taxing
proposed additional millage rate is not approved the
unit may approve the levy of an additional millage rate
operating revenue will increase by
% over
equal to or less than the proposed additional millage
the preceding year's operating revenue.
rate that was published and on which a public hearing
has been held.
The taxing unit publishing this notice, and identified
below, has complete authority to establish the number
of mills to be levied from within its authorized millage
rate.
This notice is published by:
name of taxing unit
address
address
telephone

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