Res 53-10[IT4 OF ~E1R114 BEII[H
DELRAY BEACH
All-America City
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CITY CLERK 100 N.W. 1st AVENUE DELRAY BEACH, FLORIDA 33444 561/243-7000
CERTIFICATION
I, CHEVELLE D. NUBIN, City Clerk of the City of Delray Beach, do hereby
certify that the attached document is a true and correct copy of Resolution No.
53-10 as the same was passed by the Delray Beach City Commission in regular
session on the 21St day of September 2010.
IN WITNESS WHEREOF, I have hereunto set my hand and the official
seal of the City of Delray Beach, Florida, on this the 23~d day of September,
2010.
Chevelle D. Nubin, CMC
City Clerk
City of Delray Beach, Florida
(SEAL)
SERVICE ' PERFORMANCE ' INTEGRITY ' RESPONSIBLE ' INNOVATIVE ' TEAMWORK
RI;.SOl.l'"I~1C)N NC). 53-1U
~1 Rl?SOI,IT'1'I(~N OF '1'II1~, CI'1'~' CC)Iv~1I~IISSION OI~ 'i'HL? CI1"Y
OF DI~.I1Z.~~' 13~.-1CII, 'IY) LI~V~' ;1 'I'1-~Z ON ~~LL
PRC)PI~;R'1'II?S WI"I'1-IIN '1'HI~. CI'11' C)1~ llI:LR~~' 13I:~1C1-I,
I~LORID~~, I~C1R ~Ir1IN'1'I~.N~~NCE ,1ND C)PI~Rr1'I'ION, ~~ND
'1'O LI?V~' ~~ 'I`~~Z I~OR'1'H1~. P~~YMI'.Nl' Ol' 1'RINCIPi~L nND
INTl~1t1?S'1' ON 13ONDl?D INDI~,13"1'lillN1=;SS, ~1ND "1'O
~~LI,OC~~'I'I~. ~~ND ~~PPROPRI,~"1'I; SAID COLI,I?C'1'IC)NS
'1'H~~.RI~.I?NDI?R.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION
OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
Section 1. 'That a tax of $7.1900 per one thousand dollars 01,000.00) of assessed
valuation is hereby levied on all taxable properly within the City of Delray Beach for the fiscal year
commencing October 1, ?U10, and ending September 30, ?011. 'There shall be and hereby is
appropriated for the General T~und 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 current bond
sei-~-ice and that part of collection of delinyucnt taxes levied for bond service. 1'he assessed
valuation on all taxable property- for operating purposes within the City of Delray 13cach is
~G,271,8G9,771. The operating millagc rate of X7.1900 per one thousand dollars 01,000.00) is less
than the rolled-back mite of $8.1366 per one thousand dollars ($1,000.00) by 1 LC3%.
Section 2. 't'hat 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
Dclra~~ licach is $3,57(>,820. 'There is hereby appropriated for the payment thereof, all revenues
derived from the tax levy of X0.6002 per one thousand dollars ($1,000.00) of assessed valuation,
which is hereby levied for that purpose for the fiscal year commencing October 1, 2010, and ending
September 30, 2011, upon the taxable property of the City of llelray 13cach, the assessed valuation
being $6,273,034,004.
Section 3. 'That the above millagc rates arc adopted subject to adjustment in
accordance with Section 200.065(5) of the l~lorida Statutes which provides that a municipality may
adjust its adopted millagc 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 <~nc percent (1"~~) with the
taxable value shown on the assessment roll to be extended.
Section 4. "17iat public hearings were held on the budget on September 13, 2010
and September 21, 2010.
PASSED AND ADOP"1'I~,D in regular session on this the 21st day of September,
2010.
~~
MAYOR
A"I"I'l :S"I':
~~.~~
City Clerk
2 RES. NO. 53-10
Coversheet
MEMORANDUM
TO: Mayor and City Commissioners
FROM: David T. Harden, City Manager
DATE: September 17, 2010
Page 1 of 1
SUB.IECT: AGENDA ITEM 10 C -REGULAR COMMISSION MEETING OF SEPTEMBER 21, 2010
RESOLUTION NO. 53-10/(FINAL MILEAGE LEVY)
ITEM BEFORE COMMISSION
The item before Commission is Resolution No. 53-10 which levies a tax on all properties in the City of
Delray Beach for FY 201 1. The operating millage rate for FY 2011 is 7.19.
BACKGROUND
The FY 2011 operating millage is 7.19, while the proposed FY 2011 debt service millage is 0.6002. The
proposed operating millage is less than the rolled-back millage rate (8.1366) by 11.63%.
T'he assessed valuation on all taxable property within the City for operating purposes is
$6,271,869,771. The assessed valuation for debt services is $6,273,034,004. 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.
RECOMMENDATION
Recommend approval of Resolution No. 53-10 - Millage Levy for FY 2011.
http://miweb001 /agendas/Bluesheet.aspx?ItemID=3799&MeetingID=271 9/22/2010
RESOLUTION NO. 53-10
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF DELRAY BEACH, TO LEVY A TAX ON ALL
PROPERTIES WITHIN THE CITY OF DELRAY BEACH,
FLORIDA, FOR MAINTENANCE AND OPERATION, AND
TO 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 $7.1900 per one thousand dollars ($1,000.00) of assesed
valuation is hereby levied on all taxable property within the City of Delray Beach for the fiscal year
commencing October 1, 2010, and ending September 30, 2011. 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 current bond
service and that part of collection of delinquent taxes levied for bond service. The assesc~cl
valuation on all taxable property for operating purpose within the City of Delray Beach is
$6,271,869,771. The operating millage rate of $7.1900 per one thousand dollars ($1,000.00) is less
than the rolledback rate of $8.1366 per one thousand dollars ($1,000.00) by 11.63%.
Section 2. That the arrount of money necessary to be raised for interest charges
and bond rc~clemption which constitutes a general obligation bonded indebtedness of the City of
Delray Beach is $3,576,820. There is hereby appropriated for the payment thereof, all revenues
derived from the tax levy of $0.6002 per one thousand dollars ($1,000.00) of assessed valuation,
which is hereby levied for that purpose for the fiscal year commencing October 1, 2010, and ending
September 30, 2011, upon the taxable properly of the City of Delray Beach, the assessed valuation
being $6,273,034,004.
Section 3. That the above millage rates are 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.
Section 4. That public hearings were held on the budget on September 13, 2010
and September 21, 2010.
PASSED AND ADOPTED in regular session on this the 21st day of September,
2010.
MAYOR
ATTEST:
City Qerk
RES. NO.53-70