Loading...
Res 39-08 RESOLUTION NO. 39-OS / \ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, TO TENTATIVELY LEVY A TAX ON ALL PROPERTIES WITHIN THE CITY OF DELRAY BEACH, FLORIDA, FOR MAINTENANCE AND OPERATION, AND TO TENTATIVELY LEVY A TAX FOR THE PAYMENT OF PRINCIPAL AND INTEREST ON BONDED INDEBTEDNESS, AND TO ALLOCATE AND APPROPRIATE SAID COLLECTIONS THEREUNDER. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That a tax of $6.4490 per one thousand dollars ($1,000.00) of assessed valuation is hereby tentatively levied on all taxable property within the City of Delray Beach for the fiscal year commencing October 1, 2008, and ending September 30, 2009. There shall be and hereby is appropriated for the General Fund operations of the City revenue derived from said tax fox operating and maintenance expenses of the General Fund, and also in addition, all revenues derived by said City during said fiscal year from all other sources other than the tax levy for current bond service and that part of collection of delinquent taxes levied for bond service. The assessed valuation on all taxable property for operating purposes within the City of Delray Beach is $8,201,560,130. The tentative operating millage rate of $6.4490 per one thousand dollars ($1,000.00) is less than the rolled-back rate of $6.5393 per one thousand dollars ($1,000.00) by 1.52%. Section 2. That the amount of money necessary to be raised fox interest charges and bond redemption which constitutes a general obligation bonded indebtedness of the City of Dekay Beach is $3,587,792. There is hereby appropriated fox the payment thereof, all revenues derived from the tentative tax levy of $0.4604 per one thousand dollars ($1,000.00) of assessed valuation, which is hereby levied fox that purpose fox the fiscal year commencing October 1, 2008, and ending September 30, 2009, upon the taxable property of the City of Delray Beach, the assessed valuation being $8,202,916,596. Section .That the above tentative millage rates axe adopted subject to adjustment in accordance with Section 200.065(5) of the Florida Statutes which provides that a municipality may adjust its adopted millage rate if the taxable value within the jurisdiction of the taxing authority as certified pursuant to Section 200.065(1) is at variance by more than one percent (1%) with the taxable value shown on the assessment roll to be extended. I \ / \ 2008. 2008. ATTEST: a.~.e ~.. ~ . 4-Y~ ~y City Jerk Section 4. That a public hearing was held on the proposed budget on September 3, PASSED AND ADOPTED in regular session on this the 3rd day of September, ~~~,~~ MAYOR ~~ 2 RES. NO. 39-08 MEMORANDUM TO: Mayor and City Commissioners FROM: David T. Harden, City Manager DATE: August 26, 2008 SUBJECT: AGENDA ITEM 10.A. -REGULAR COMMISSION MEETING OF SEPTEMBER 3,_2008 RESQLUTION N0.39-OS (TENTATIVE MILEAGE LEVY) ITEM BEFORE COMMISSION Resolution No. 39-08 tentatively levies a tax on all properties in the City of Delray Beach for FY 2009. The proposed millage rate for FY 2009 is 6.4490 mills. Resolution No. 39-08 will set the tentative millage, which can still be reduced at the second budget hearing on September 16th when our final millage will be adopted. A reduction has not been proposed at this time because the CRA has not made a final decision on the amount of support they will provide fore our tennis tournaments. BA_CKGR_OUND The proposed operating millage is 6.449, while debt service millage is 0.46. The rolled back rate calculated under the TRIM law for operating purposes is 6.5393 mills. The tentative millage rate at 6.4490 mills would be 1.52% less than the rolled back rate. The assessed valuation on all taxable property within the City for operating purposes is $8,201,560,130. The assessed valuation for debt service is $8,202,916,596. The reason for the differential is the exemptions that were granted to historic properties in the City. They apply to operating millage only. Pursuant to the City Charter and TRIM requirements, a public hearing must be held prior to the adoption of the resolution. Final adoption of the FY 2009 budget is scheduled for September 16, 2008. Recommend approval of Resolution No. 39-08. RESOLUTION NO. 39-OS A RESOLUTION OF THE QTY COMNIISSION OF THE QTY OF DELRAY BEACH, TO TENTATIVELY LEVY A TAX ON ALL PROPERTIES WITHIN THE CITY OF DELRAY BEACH, FLORIDA, FOR MAINTENANCE AND OPERATION, AND TO TENTATIVELY LEVY A TAX FOR THE PAYMENT OF PRINCIPAL AND INTEREST ON BONDED INDEBTEDNESS, AND TO ALLOCATE AND APPROPRIATE SAID COLLECTIONS THEREUNDER. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That a tax of $6.4490 per one thousand dollars ($1,000.00) of assessed valuation is hereby tentatively levied on all taxable property within the City of Delray Beach for the fiscal year commencing October 1, 2008, and ending September 30, 2009. There shall be and hereby is appropriated for the General Fund operations of the City revenue derived from said tax for operating and maintenance expenses of the General Fund, and also in addition, all revenues derived by said City during said fiscal year from all other sources other than the tax levy for curnnt bond service and that part of collection of delinquent taxes levied for bond service. The assessed valuation on all taxable property for operating purposes within the City of Delray Beach is $8,201,560,130. The tentative operating millage rate of $6.4490 per one thousand dollars ($1,000.00) is less than the rolled-back rate of $6.5393 per one thousand dollars ($1,000.00) by 1.52%. Section 2. That the amount of money necessary to be raised for interest charges and bond redemption which constitutes a general obligation bonded indebtedness of the City of Delray Beach is $3,587,792. There is hereby appropriated for the payment thereof, all revenues derived from the tentative tax levy of $0.4604 per one thousand dollars ($1,000.00) of assessed valuation, which is hereby levied for that purpose for the fiscal year commencing October 1, 2008, and ending September 30, 2009, upon the taxable property of the City of Delray Beach, the assessed valuation being $8,202,916,596. Section 3. That the above tentative millage rotes are adopted subject to ac>justment in accordance with Section 200.065(5) of the Florida Statutes which provides that a municipalitymay adjust its adopted millage rate if the taxable value within the jurisdiction of the taxing authority as certified pursuant to Section 200.065(1) is at variance by more than one percent (1%) with the taxable value shown on the assessment roll to be extended 2008. 2008. ATTEST: Section 4. That a public heating was held on the proposed budget on September 3, PASSED AND ADOPTED in regtalar session on this the 3rd day of September, MAYOR City Clerk RES. N0.39-08 NOTICE OF PUBLIC HEARING TENTATIVE BUDGET AND PROPOSED MILEAGE RATE CITY OF DELRAY BEACH OCTOBER 1, 200&•SEPTEMBER30, 2009 TheCity d De9ay Beach. Fhdda wi he IwMpp a PubBc Hearhg on Ox: Proposed 8udgel(a2008-2009 alYkdnesdav SeMember 3.2008 #7:00 PM io Ne Canmission ChalMas at City HaI1, 100 N.W, istAven~. Al rAU~s are erviled to a0ena the he~l9 and mat' make wnben a ord conxnenls a ask gcea8ons regal?n9 U1e budget E>d1~itA BudgM Sunmary M g N N ¢' T a c d 3 T a v 3 v Z L d m A v g 0 m 0 m E 0 N 3 c U O a DO4YNt0YM SPECULL GENERAL DEVELOPMENT ENTERPRLSE REVENUE FUND FUND FUNDS FUNS TOTAL C4axeatANCEe BROUDNTFORPlAAD 789,000 372,030 322,780 1,463,810 TAXES ruapn AD VALOREM TAXES e4ao 50,247,270 0 0 50.247,270 AD VALOREM TAXES a.xeo9 3,567,790 0 0 3,567,790 AD VALCREM-DELINWENT 75,W0 0 0 15,000 ADVALOREM-WA laoro 532.050 0 0 532,050 SmesBUse Taxes 1,404,000 0 0 1,404,000 Fmchrse Taxes 258,250 0 0 256,250 UeSty Taxes 4,452,000 0 0 4.452,OW OOler Tazes 3,900.000 0 0 3,9W,000 Licenses B. Pemds 10,291,180 D 0 10,291,180 IMerpox;mrtle~ 7,105,460 519,520 1,922,570 9,547,550 Cher~sfa Services 7,3Q,500 43,281,760 0 50,629,2 F'xesBFafeBures 800.900 0 63.000 863,900 Mmce9aneaa RewNxdes 5,441,490 1,500 198,110 101,530 6,340,570 OOrr F9landlq Sources 3,183,100 97,000 989,620 4,269,720 rmuAavexuESaxoorxPA FeIANCWD SOUacES - 98,091,880 533,550 M,694,410 3078,720 148,396,560 rmuPSmut>msevEw~Na aaoeauxcES 98,860,880 533,550 45,086,440 3,399,500 147,880,370 F.V'Eld1UAE9171PENeE9: General GovemlcemServices 9,624,140 0 0 9,624,140 PPoSC Safety 52,519,fi40 0 63,000 52,582,840 PhysiW Emhanm~l 558,800 27,329,980 0 2T,8~,780 Trxwpoda0on 3,284,280 D 0 3,284,280 EcononicEmreonmant 8,458,570 532,300 0 1,393,810 10,384,680 Human Services 67,000 0 777,310 844,310 Cu2ae8Reaeatbn 13,765,000 3,843,470 1.139,770 18,743,210 DeM SeMce 5,745,760 6,901,530 0 12,647,290 CMherFinencirg Uses 4,856,330 5,872,140 0 1D,728,470 roruEZPaD11uRE&EZPeN~s 98,859,520 532,300 43,941,120 3,366,890 146,707,830 Reserve 1,380 1,250 1,118,320 30,610 1,162,510 rmuExPaxanx+asaxDaESmvas 98,860,880 533,550 45,OB6,N0 3.399,500 147,860,370 THE TENTATNE, ADOPTED ANDIOR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABDVE MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD, mPloPUaG wagkaey b nPeCr x4ex9nxae crycenkDrttHal. iW aw. IkAwae, Dray ewe,. Raltlara~,eaoara. n saPU. Na~lnvagnFnmY wwµhdiES,a. ThaCanmsvn W mokx Re Cannixim Charbnaa Coy Halm Cle 7k7a1' kaeplmMa, xODBffi700Hk. laxairyantiae~on d p,sn ^na9ie ehxa ask bd Pe CannumjffiaArbeme O,aiwrNvuMbe readtrrkk Myarelel PSnom rsaeab0aabe gren an nrvaNmxyb bhw~d PkasabatlvsednM 4a Pam aPasaedaiEesbapPak arydemioamale bytle C6y Conerssbn xah respedroxry m~BrarcitlnM k6kv rtemta abaing, sahPamw9 rcra maW xtlase PtaaMa-s_aalMGds L~IOOSesW Pelsonslaal raAroaame axarabwEmremO dex Pn>a~MSSna9e, efud, recall xeidec4alesArany aalerdwwtponxud~aeappeSSbte bawl, rho CAy dos rolganleage9xe sxh nxaa. CItY OF DEIRAY BEACH CHCV8IE D. NUBIN.. CMC C(1VClERK ' PuObk iuwtla/. Aeyx18, 3108 Sae Rebal)rq Bex6Nws