HomeMy WebLinkAboutR-2016-119 Approves the Proposed Millage Rate Necessary to be Levied for FY 2016-2017 for Operating Purposes: Establishing the Debt Millage Approved by the Electorate. RESOLUTION NO. 2016-119
A RESOLUTION OF THE CITY COMMISSION 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
2016-2017 FOR OPERATING PURPOSES; ESTABLISHING THE DEBT
MILLAGE APPROVED BY THE ELECTORATE; PROVIDING FOR A
PUBLIC HEARING WHEN AND WHERE OBJECTIONS MAY BE HEARD
AND QUESTIONS CONCERNING THE 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 questions concerning the objections will be
answered; 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, 2016 and ending September 30, 2017, with sufficient copies of such report and
estimate being on file in the office of the City Clerk, so that any interested parties 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 an initial General Obligation Bond in the amount of
$10,300,000.00 and the City will be levying a debt millage equal to 0.2464 mills toward the
payment of principal and interest on the Bond; 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 identified above, 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 the annual report
and estimate and has determined and fixed the amount necessary to carry on the government of
the City for the ensuing year, 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 the tentative proposed budget, it is necessary that an operating millage of 5.9998 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 5.5051 mills; and
WHEREAS,the proposed millage reflects an 8.99% increase over 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:
FOR OPERATING BUDGET:
(GENERAL MUNICIPAL MILLAGE) 5.9998 mills
Section 2. That the proposed millage rate is a 8.99% increase over the rolled back rate
of 5.5051 mills as computed in accordance with the provisions of Section 200.065(1), Florida
Statutes.
Section 3. That the voted debt service millage rate is 0.2464 mills in accordance with
the provisions of law pursuant to Chapter 200, Florida Statutes.
Section 4. That the City's aggregate millage rate is 6.2462 mills (5.9998 mills for
operating and 0.2464 mills for debt service).
2 RESOLUTION#2016-119
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
33004) on Tuesday, September 20, 2016 at 5:01 p.m. for the purpose of adopting the above
stated millage rate and answering questions concerning it. 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 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.
Section 7. That this Resolution shall take effect and be in force immediately upon its
passage and adoption.
PASSED AND ADOPTED on September 14, 2016.
ATTEST: a.RD's Fi r
LOUISE STILSON, CMC O A. SALVINO, SR.
CITY CLERK MAYOR
�y
ATED 19"
APPROVED AS TO FO AND CORRECTNESS:
THOMA J. N B
CITY ATTORNEY
3 RESOLUTION#2016-119