HomeMy WebLinkAboutR-2024-099 Tentative Millage RateRESOLUTION NO.2024-L c @
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
2024-2025 FOR OPERATING PURPOSES; ESTABLISHING THE DEBT
MILLAGE RATE AS APPROVED BY THE ELECTORATE; PROVIDING
FOR A PUBLIC HEARING TO HEAR OBJECTIONS AND QUESTIONS
CONCERNING THE MILLAGE RATE, AND AT WHICH MEETING THE
QUESTIONS AND CONCERNS WILL BE ANSWERED; PROVIDING FOR
CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City Charter (Part VII, Article 1, Section 2) of the City of Dania Beach,
Florida, and state law (Florida Statutes, Section 200.065) require 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 and questions may 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, 2024, and ending September 30, 2025, with sufficient copies of such report
and estimate being on file in the office of the City Clerk so that any interested parry may obtain
copies upon request; and
WHEREAS, pursuant to the referendum approved by the voters of the City in the March
2005 General 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 General Obligation Bonds in the total amount of
$10,300,000.00, and for Fiscal Year 2024-2025 the City will be levying a debt millage equal to
0.0985 mills towards the payment of principal and interest; and
WHEREAS, the City Manager has presented to the City Commission detailed
information supporting the estimate, affording the City Commission a comprehensive
understanding of the City Government budget and funding for the ensuing period, including
expenditures for corresponding items during the last two fiscal years, and any increase and
decrease in financial demands for the ensuing year, as compared with corresponding
appropriations for the last (prior) fiscal year; and
WHEREAS, the City Commission has met and considered the City Manager's annual
report and estimate for the ensuing year; 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
the necessary amounts to the various departments of the City, considering the applicable funds
on hand and the estimated departmental revenues; and
WHEREAS, the City Commission, in order to produce a sufficient sum to fund the
tentative budget, it is recommended that a provisional millage of 5.9998 mills 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 5.7147 mills.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF DANIA BEACH, FLORIDA:
Section 1. That the above "Whereas" clauses are ratified and confirmed, and they are
made a part of and incorporated into this Resolution by this reference.
Section 2. That the proposed tentative 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 3. That the proposed millage rate is a 4.99% increase from the rolled back
rate, as computed in accordance with the provisions of Section 200.065(1), Florida Statutes.
Section 4. That the voted debt service millage rate is 0.0985 mills, as established in
accordance with the provisions of law pursuant to Chapter 200, Florida Statutes.
Section 5. That the City's aggregate tentative millage rate is 6.0983 (a combined total
Millage of 5.9998 Mills for operating and 0.0985 mills for debt service).
Section 6. That the City Commission of the City of Dania Beach will meet on
September 12, 2024, at 7:00 p.m. in the City of Dania Beach City Commission Chamber, at 100
2 RESOLUTION #2024-C)
West Dania Beach Boulevard, Dania Beach, Florida for the purpose of considering and 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".
Section 7. That all resolutions or parts of resolutions in conflict with this Resolution
are repealed to the extent of such conflict.
Section S. That this Resolution shall take effect and be in force immediately upon its
passage and adoption.
14
PASSED AND ADOPTED on 12024
Motion by9gd C MK,5w _ (A-W & second byl ', (L Lvyu f ' t
FINAL VOTE ON ADOPTION: Unanimous
Yes No
Commissioner Joyce L. Davis _
Commissioner Tamara James _
Commissioner Marco Salvino
Vice Mayor Lori Lewellen
Mayor Archibald J. Ryan IV _
ATT�S t Q�
i
ELORA IE MC
CITY CLERK `�qe� �eufcQ
APPROVED AS TO FORM AND CORRECTNESS:
t Y.
/ E
EV A.,BO T�SIS�
CItYATT RO NEY
MAYOR
RESOLUTION #2024-9