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2018-713 ORDINANCE NO. 2018-713 An ordinance approving the direct distribution of School Levy, Lottery and Gaming, and First Dollar Credits, and notifying the State of Wisconsin Departments of Revenue and Administration to distribute such tax credit payments for these three state property tax credits directly to the City of Janesville. THE COMMON COUNCIL OF THE CITY OF JANESVILLE DO ORDAIN AS FOLLOWS: SECTION I. Chapter 3.30 of the Code of General Ordinances of the City of Janesville is hereby created to read as follows: DIRECT DISTRIBUTION OF SCHOOL LEVY, LOTTERY AND GAMING, AND FIRST DOLLAR PROPERTY TAX CREDITS 3.30.010 Approving Distribution and Notification 3.30.020 Factual Findings 3.30.030 Actions 3.30.040 Immediate Effect 3.30.010 Approving Distribution and Notification. The Common Council hereby approve the School Levy, Lottery and Gaming, and First Dollar tax credits distribution methodology and formula set forth in Wis. Stats. Sec. 79.10 (7m) (cm) 1. a., as from time to time amended and/or renumbered AND direct that the City Clerk-Treasurer and other pertinent City of Janesville officials and officers notify the Departments of Revenue and Administration to directly distribute such credit payments to the City of Janesville for tax year 2018 and all subsequent years unless and until they are otherwise notified by the City. 3.30.020 Factual Basis. The City of Janesville receives more than $3,000,000 in payments from the State of Wisconsin for the state school levy, lottery and gaming, and first dollar property tax credits. 3.30.030 Actions. Pursuant to said applicable state laws, municipalities receiving greater than $3,000,0000 in state property tax credits may notify the state departments of administration and revenue that the municipality approves the direct distribution of the property tax credits to the municipality until or unless the ordinance is repealed, or the property tax credits to be distributed no longer exceed $3,000,0000 annually. 3.30.040 Immediate Effect. This chapter shall take effect immediately upon passage, the health, safety, and general welfare of the community so requiring. ADOPTED: February 26, 2018 Motion by: Gruber Second by: Wolfe APPROVED: Councilmember Aye Nay Pass Absent Conley X Farrell X Mark A. e. .g, City Manager Gruber X Jorgensen X ATT.,. • r /%/�Z Marklein X Williams X Wolfe X r.vid T. Godek, City Clerk-Treasurer APPROVED AS TO FORM: ligi.-;///9)// City Attorney, Wald Klimczyk Proposed by: City Clerk-Treasurer , Prepared by: City Clerk-Treasurer and City Attorney Section 1211 of Act 59 which reads : SECTION 1211. 79.10 (7m) (cm) 1. a. of the statutes as amended to read, in pertinent part: 79.10 (7m) (cm) 1. a. If, in any year, the total of the amounts determined under subs. (4), (5), and(5m) for any municipality is $3,000,000 or more,the municipality, with the approval of the majority of the members of the municipality's governing body, may notify the department of administration to distribute the amounts directly to the municipality and the department of administration shall distribute the amounts at the time and in the manner provided under pars. (a) 1., (b) 1., and (c) 1. Beginning in 2018, if the municipality approves the distribution under this subd. 1. a. by enacting an ordinance and provides a copy of the ordinance to the department of administration and the department of revenue,the department of administration shall distribute the amounts determined under subs. (4), (5), and (5m)to the municipality as provided under this subd. 1. a. for the year in which the municipality enacts the ordinance and in all subsequent years until the municipality notifies the department of administration and the department of revenue that the municipality has repealed the ordinance or until the total amounts under subs. (4), (5), and(5m)to be distributed to the municipality in a year is less than $3,000,000. In accord with 2017 Wisconsin Act 59 and amended Wisconsin Statute Section 79.10 (7m) (cm) 1. a., (4) SCHOOL LEVY TAX CREDIT. Except as provided in sub. (5m),the amount appropriated under s. 20.835 (3)(b)shall be distributed to municipalities in proportion to their share of the sum of average school tax levies for all municipalities. (5) LOTTERY AND GAMING CREDIT. Each municipality shall receive, from the appropriation under s. 20.835 (3)(q), an amount determined by multiplying the school tax rate by the estimated fair market value, not exceeding the value determined under sub. (I I)(c),of every principal dwelling that is located in the municipality and for which a claim for the credit under sub. (9)(bm)is made by the owner of the principal dwelling. (5m) FIRST DOLLAR CREDIT. Each municipality shall receive,from the appropriation under s. 20.835 (3)(b),an amount determined by multiplying the school tax rate by the estimated fair market value,not exceeding the value determined under sub.(II)(d), of every parcel of real property with improvements that is located in the municipality