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Ottawa County treasurer warns of “unvoted windfalls” from 20-mill floor
Summary
At a Nov. 26 Finance Committee meeting, Ottawa County Treasurer Anthony Hatmaker said property reappraisal combined with the state’s 20-mill floor could create “unvoted windfalls” for school districts at the expense of local property owners; he noted he is also presenting the item to City Council that evening.
Ottawa County Treasurer Anthony Hatmaker told the county Finance Committee on Nov. 26 that a property reappraisal, together with state law that sets a 20-mill floor for school districts, could produce “unvoted windfalls at the expense of property owners in their district.” Mayor Mike Snider asked Hatmaker to present the topic to the committee that evening.
Hatmaker, identified in the meeting roster as Ottawa County Treasurer, framed the issue as the interaction of two factors: rising assessed values from a recent reappraisal and a statutory 20-mill floor for school levies. He said those two elements could lead to increased revenue for school districts without a voter-approved levy increase, and that the effect would fall on property owners in those districts. "unvoted windfalls at the expense of property owners in their district," he said.
Hatmaker told the committee that he was also presenting the issue at the City Council meeting later that night and that that meeting is available on the City YouTube channel. The Finance Committee did not take further action on the topic during its brief session.
The committee met in the Linda Hartlaub Council Chambers and adjourned at 5:50 p.m. after a motion to adjourn by Jerry Tarolli was seconded by Beth Gillman and approved 3-0.
