HomeMy WebLinkAboutR-2008-164 Tentative Millage Rate RESOLUTION NO. 2008-164
A RESOLUTION OF THE CITY OF DANIA BEACH, FLORIDA, AS
REQUIRED BY THE CITY CHARTER AND SECTION 200.065, FLORIDA
STATUTES, APPROVING THE PROPOSED MILLAGE RATE NECESSARY
TO BE LEVIED FOR THE FISCAL YEAR 2008-09 FOR OPERATING
PURPOSES; ESTABLISHING THE DEBT MILLAGE APPROVED BY THE
ELECTORATE; PROVIDING FOR A PUBLIC HEARING WHEN
OBJECTIONS MAY BE HEARD AND QUESTIONS CONCERNING SAME
WILL BE ANSWERED; PROVIDING FOR CONFLICTS; FURTHER,
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City Charter of the City of Dania Beach, Florida requires that the City
Commission shall, by Resolution, adopt an annual budget, determine the amount of millage
necessary to be levied and publish the budget so adopted, together with a notice stating the time
and place where objections may be be heard; and
WHEREAS, the City Manager of the City of Dania Beach, Florida, has prepared and
submitted to the City Commission an annual report covering the operation of the City and has set
forth in it an estimate of the expenditures and revenues of the City for the ensuing year,
beginning October 1, 2008, and ending September 30, 2009, with sufficient copies of such report
and estimate being on file in the office of the City Clerk so that any interested party may obtain
copies upon request; and
WHEREAS,pursuant to the referendum approved by the voters of the City in the March
2005 Election, the issuance of General Obligation bonds in an amount not to exceed
$10,300,000.00 was authorized; and
WHEREAS, the City has issued a General Obligation Bond in the amount of
$6,800,000.00 with the exception of the Library project in the amount of$3,500,000.00, and the
City will be levying a debt millage equal to 0.1400 mills towards the payment of principal and
interest; and
WHEREAS, the City Manager has presented to the City Commission detailed
information supporting such estimate, affording the City Commission a comprehensive
understanding of the City Government for the ensuing period, including expenditures for
corresponding items during the last two fiscal years and increase and decrease demands for the
ensuing year as compared with corresponding appropriations for the last fiscal year; and
WHEREAS, the City Commission has met and carefully considered such annual report
and estimate for the ensuing year and has determined and fixed the amount necessary to carry on
the government of the City for the ensuing year and has prepared a tentative budget setting forth
the amounts necessary to be raised for the various departments of the City and has appropriated
such amounts to the various departments of the City considering the applicable funds on hand
and the estimated departmental revenues; and
WHEREAS, the City Commission has determined that in order to produce a sufficient
sum to fund such tentative budget, it is necessary that a provisional millage of 5.4044 be levied
against ad valorem valuation of property subject to taxation in the City of Dania Beach; and
WHEREAS, the "rolled back rate" as computed in accordance with the provisions of
Section 200.065(1), Florida Statutes, is 5.7269 mills; and
WHEREAS,the proposed millage is a 5.63 % decrease in the rolled-back rate;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DANIA BEACH, FLORIDA:
Section 1. That the proposed operating millage necessary to be levied against ad
valorem valuation of property subject to taxation in the City of Dania Beach to produce a
sufficient sum, which, together with departmental revenue, will be adequate to pay the
appropriations made in the tentative budget, is as follows:
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FOR OPERATING BUDGET:
(GENERAL MUNICIPAL MILLAGE) 5.4044 MILLS
Section 2. That the proposed millage rate is a 5.63% decrease in the rolled back rate
as computed in accordance with the provisions of Section 200.065(1),Florida Statutes.
Section 3. That the voted debt service millage rate is 0.1400 Mills in accordance with
the provisions of law pursuant to Chapter 200, Florida Statues.
Section 4. That the City's aggregate millage rate is 5.5444 Mills (5.4044 Mills for
operating and 0.1400 Mills for debt service).
Section 5. That the City Commission of the City of Dania Beach will meet in the City
Commission Room in the City Hall (100 West Dania Beach Boulevard, Dania Beach, Florida)on
Tuesday, September 24, 2008, at 7:00 p.m. for the purpose of adopting the above stated millage
rate and answering questions concerning same. The City Manager shall specify the purposes for
which ad valorem tax revenues are being increased, if any, over the `rolled back rate". A notice
of this public hearing shall be published in strict compliance with the provisions of Section
200.065(2) (d) and Section 200.065(3), Florida Statutes.
Section 6. That all resolutions or parts of resolutions in conflict with this Resolution
are repealed to the extent of such conflict.
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Section 7. That this Resolution shall take effect and be in force immediately upon its
passage and adoption.
PASSED AND ADOPTED on September 16, 2008.
ALBERT C. JONES
MAYOR-COMMISSTBNER
(,A/� �
Tf(�TEEST:�" ARDS
(�
LOUISE STILSON, CMC 1
CITY CLERK
APPROVED AS TO FO CORRE �gy
BY:
TfWM,KS J. BRO
CITY ATTORNEY
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