HomeMy WebLinkAboutR-2010-115 Tentative Millage Rate RESOLUTION NO. 2010-115
A RESOLUTION OF THE CITY OF DANIA BEACH, FLORIDA, AS
REQUIRED BY THE CITY CHARTER AND SECTION 200.065, FLORIDA
STATUTES, ESTABLISHING AND APPROVING THE TENTATIVE
MILLAGE RATE TO BE LEVIED FOR THE FISCAL YEAR 2010-2011 FOR
OPERATING PURPOSES; ESTABLISHING THE TENTATIVE DEBT
MILLAGE FOR GENERAL OBLIGATION REPAYMENTS 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, 2010, and ending September 30, 2011, 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 an initial amount of
$6,800,000.00 and subsequently in an amount of $3,500,000.00 for the Library project, and the
City will be levying a debt millage equal to 0.2452 mills towards the payment of principal and
interest on the total amount of voter approved general obligation bond debt; and
WHEREAS, the City Manager has presented to the City Commission detailed
information supporting such estimate, affording the City Commission the next two months to
gain a comprehensive understanding of the City Government budget plan for the ensuing fiscal
year, 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 will meet and consider such annual report and
estimates for the ensuing year and shall determine and fix the amount necessary to carry on the
government of the City for the ensuing year setting forth the amounts necessary to be raised for
the various departments of the City and shall appropriate 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 tentative millage of 6.4820 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(l), Florida Statutes, is 6.4820 mills; and
WHEREAS,the proposed millage is equal to the rolled-back rate;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DANIA BEACH, FLORIDA:
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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:
FOR OPERATING BUDGET:
(GENERAL MUNICIPAL MILEAGE) 6.4820 MILLS
Section 2. That the proposed millage rate is equal to the rolled back rate as computed
in accordance with the provisions of Section 200.065(l), Florida Statutes.
Section 3. That the voted debt service millage rate is 0.2452 Mills in accordance with
the provisions of law pursuant to Chapter 200, Florida Statues.
Section 4. That the City's aggregate millage rate is 6.7272 Mills (6.4820 Mills for
operating and 0.2452 Mills for debt service).
Section 5. That the City Commission of the City of Dania Beach will meet in the City
Commission Chamber in the City Hall (100 West Dania Beach Boulevard, Dania Beach, Florida)
on Monday, September 13, 2010, 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 July 28, 2010.
K. McEL EA
aps r��s MAYOR-COMMISSIONER
ATTEST:
LOUISE STILSON, CMC
CITY CLERK
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APPROVED AS T FVRAND CORRECTNESS:
THOM S J. ANSbRb
CITY ATTORNEY
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