Res 50-10RESOLUTION NO. 50-10
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF DELRAY BEACH, TO TENTATIVELY LEVY A TAB ON
ALL PROPERTIES WITHIN THE DOWNTOWN
DEVELOPMENT AUTHORITY TAZING DISTRICT OF THE
CITY OF DELRAY BEACH, FLORIDA, FOR Mr1INTENANCE
AND OPERATION, AND TO 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 $1.0000 per one thousand dollars ($1,000.00) of assessed
valuation is hereby tentatively levied on all taxable property within the Downtown Development
Authority Taxing District of 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 purpose of
financing the operation of the Downtown Development Authority Taxing District revenue derived
from said tax for operating and maintenance expenses of the Downtown Development Authority
Taxing District, and also in addition, all revenues derived by said Taxing District 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 Downtown Development Authority Taxing District of the City of
Delray Beach is $462,963,678. The tentative operating millage rate of $1.000 per one thousand
dollars ($1,000.00) is less than the rolled-back rate of $1.1116 per one thousand dollars ($1,000.00)
by 10.04%.
Section 2. "That the above tentative millage rate is adopted pursuant to Florida
Statutes Section 2UU.065(2)(e)(2), and subject to adjustment in accordance with Section 200.065(5) of
the Florida Statutes which provides that each affected taxing authority, other than municipalities,
counties, school boards, and water management districts, 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 three percent (3°'~~) with the taxable value shown on the
assessment roll to be extended.
Section 3. That a public hearing was held on the proposed budget on September
13, 2010.
PASSED AND ADOPTED in regular session on this the 13th day of September,
2010.
`Q~e~l
MAYOR
A 1 PEST:
City Clerk
RES. NO. 50-10
Coversheet
MEMORANDUM
TO: Mayor and City Commissioners
FROM: David T. Harden, City Manager
DATE: September 10, 2010
SUBJECT: AGENDA ITEM SP 2 -SPECIAL MEETING OF SEPTEMBER 13, 2010
RESOLUTION NO. 50-10 (TENTATIVE DDA MILEAGE RATE)
Page 1 of 1
ITEM BEFORE COMMISSION
Resolution No. 50-10 tentatively levies a tax in the amount of 1.0 mill on all properties within the
Downtown Development Authority Taxing District of the City of Delray Beach for FY 2011.
BACKGROUND
The proposed tentative millage rate of 1.0 for the DDA would not increase from FY 2010 and is less
than the rolled-back rate (1.1116) by 10.04%. The assessed valuation on all taxable property for
operating purposes with the Downtown Development Authority Taxing District of the City of Delray
Beach is $462,963,678.
A copy of the proposed DDA budget for FY 2011 is attached.
Final adoption of the DDA tax levy for FY 2011 is scheduled for September 21, 2010.
RECOMMENDATION
Recommend approval of Resolution No. 50-10 -Tentative DDA Millage Rate for FY 2011.
http://itwebapp/AgendaIntranet/Bluesheet.aspx?ItemID=3763&MeetingID=305 2/1/2011
RESOLUTION NO. 50-10
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF DELRAY BEACH, TO TENTATIVELY LEVY A TAX ON
ALL PROPERTIES WITHIN THE DOWNTOWN
DEVELOPMENT AUTHORITY TAXING DISTRICT OF THE
CITY OF DELRAY BEACH, FLORIDA, FOR MAINTENANCE
AND OPERATION, AND TO 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 $1.0000 per one thousand dollars ($1,000.00) of assessed
valuation is hereby tentatively levied on all taxable property within the Downtown Development
Authority Taxing District of 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 purpose of
financing the operation of the Downtown Development Authority Taxing District revenue derived
from said tax for operating and maintenance expenses of the Downtown Development Authority
Taxing District, and also in addition, all revenues derived by said Taxing District 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 Downtown Development Authority Taxing District of the City of
Delray Beach is $462,963,678. The tentative operating millage rate of $1.000 per one thousand
dollars ($1,000.00) is less than the rolled-back rate of $1.1116 per one thousand dollars ($1,000.00)
by 10.04%.
Section 2. That the above tentative millage rate is adopted pursuant to Florida
Statutes Section 200.065(2)(e)(2), and subject to adjustment in accordance with Section 200.065(5) of
the Florida Statutes which provides that each affected taxing authority, other than municipalities,
counties, school boards, and water management districts, 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 rhrrc percent (3" i~~) with the taxable value shown on the
assessment roll to be extended.
Section 3. That a public hearing was held on the proposed budget on September
13, 2010.
PASSED AND ADOPTED in regular session on this the 13th day of September,
2010.
MAYOR
ATTEST:
City Clerk
RES. NO. 50-10
07/29/2010 12:11 561-243-1079 DELRAY BEACH D.D.A. PAGE 02/02
July 12, 2010
To: Joseph Saffozd, Finance Director
City of Delray Beach
IZe: Downtown Development Authority
Meeting -July 12, 2010
City Hall, - 1 at Floor Conference Room
At the Downtown Development Authority (DDA) nneeting held July 12, 2010 the
Board voted to approve the 1 mil Valuation Assessment. At the Goal
Setting/Badget tx~eeting to be held on July 27, 2010, the 2010-2011 Budget will
be discussed and approved.
The DDA budget is part of the City budget and as such is advertised for public
hearing and then forwazded to the City Commission for appxoval.
Marjorie Ferree, Executive Director
/ghm
85 Southeast 4a' Avenue, Suite to8, Delray Beach, FL 334$3
Received Time Jul. 29. 2010 12: 09PM No. 8829~6t-a43-~o77 Fax: 56t-243-tn79
S
Proposed
Budget
2010-11
439,815
2,000
36,000
0
137,000
7, 200
11,349
15,720
1,028
0
172,297
6,800
3,080
2,025
0
6,585
4,115
8,000
5,000
5,605
2, 640
5,520
3,584
1,500
13, 200
26,444
234,346
67, 000
0
S, 000
5,000
0
22,250
47 Other Special Programs 14,243 10,000 0 0 0
48 *Total Marketing /Advertising 187,080 127,290 141,509 151,965 116,636
49 Other Econ Dev/Marketing 47,725 40,000 28,048 28,048 25,000
Total Marketing/Promotion 387,644 314,140 287,999 310,348 240,886
*"includes additional $9,000 for DMC July 2010
Total Revenues 567,148 474,870 477,870 477,870 477,815
Less Total Expenses 547,729 473,122 484,399 491,980 475,232
Total Difference Over/(Short) 19,419 1,748 (6,529) (14,110) 2,583
n~ . ~ 'Qgy. ~_
k.~' l,A
CERTIFICATION OF TAXABLE VALUE DR-420
R. b/10
Rule 12D-16.002
r';r ~r.~~rn~r. Florida Administrative Code
Year 2010 County Paim Beach
Principal Authority Delray Beach Taxing Authority Delray Beach - DDA
SECTION I: COMPLETED BY PROPERTY APPRAISER
1, Current year taxable value of real property for operating purposes $ 462,963,678 (1)
2. Current year taxable value of personal property for operating purposes S (2)
3. Current year taxable value of centrally assessed property for operating purposes 5 (3)
4. Current year gross taxable value for operating purposes (Line 1 plus Llne2 plus Line 3) $ 462,963,678 (4)
5, Current year net new taxable value (Add new construction, additions, rehabilitative
improvements increasing assessed value by at least 100°h, annexations, and tangible
persona! property value over 115% of the previous year's value. Subtract deletions.)
$ 21,623,548
(5)
6. Current year adjusted taxable value (Line 4 minus Line 5) $ 441,340,130 (6)
7. Prior year FINAL gross taxable value from prior year applicable Form DR-403 series $ 490,613,379 (7)
8' Does the taxing authority include tax increment financing areas? If yes, enter number of
worksheets (DR-420TIF) attached. If none, enter 0 ^ a
Yes No Number
(8)
9. Does the taxing authority levy a voted debt service millage or a millage voted for 2 years or
less under s. 9(b), Article VII, State Constitution? (If yes, enter the number of farms
DR-420DE6T, Certification ofVofed Debt Milfage for each debt service levy.)
~ Yes 0 No Number
(9)
W Property Appraiser Certification I certify the taxable values above are correct to the best of my lo~owledge.
~ W
N = Signature of Property Appraiser Date
06/29/2010
SECTION fl: COMPLETED BY TAXING AUTHORITY
If this portion of the form is not completed in FULL your authority will be denied TRIM certification and
possibly lose its millage levy privilege for the tax year. If any line is not applicable, -0-.
10. Prior year operating millage levy (!f prior year millage was adjusted then use adjusted millage
from Farm DR-422) 1.0000 per $1,000 (10)
11. Prior year ad valorem proceeds (Liner multiplied byline 10, divided by I,000j $ 490,613 (11)
12 Amount, if any, paid or applied in prior year as a consequence of an obligation measured by
a dedicated increment value (Sum of either Lines 6c or Line 7a for al! DR-420T1F forms) $ (12)
13. Adjusted prior year ad valorem proceeds {Line 11 minus Line 12) $ 490,613 (13)
14. Dedicated increment value, if any (Sum ofeiiherLine6borLine7eforallDR-42071Fforms) $ (14}
15. Adjusted current year taxable value (Line6minusLinel4) $ 441,340,130 (15)
16. Current year rolled-back rate {Line i3 divided by Line 1 S, multiplied by 1,000) 1.1116 per $1000 (16)
17. Current year proposed operating millage rate 1.0000 per $1000 (17)
1 II. Total taxes to be levied aC proposed millage rate (Line 17 multiplied by Line 4, divided by
i , 000; $ 462,964 (18)
Continued on page 2
DR-420
R. 6/10
Paae 2
19. TYPE of principal authority (check one) ^ County ^ Independent Special District (19)
^ Municipality ^ Water Management District
20. Applicable taxing authority (check one) ^ Principal Authority 0 Dependent Special District (20)
^ MSTU ^ Water Management District Basin
21. Is millage levied in more than one county? (check one) ^ Yes 0 No (21)
DEPENDENT SPECIAL D15TRICTS AND MSTUs STOP HERE -SIGN AND SUBMIT
Enterthe total adjusted prior year ad valorem proceeds of the principal authority, all
22. dependent special districts, and MSTUs levying a millage. (1"hesum ofLine T 3 from all S (22)
DR-420 forms)
23. Current year aggregate rolled-back rate (Line 22 divided by line T5, multiplied by 1,000) per $1,000 (23)
24. Current year aggregate rolled-back taxes (Line 4 multiplied by Line 23, divided by 7,000) $ (24)
25 Enter total of all operating ad valorem taxes proposed to be levied by the principal taxing $ (2$)
authority, all dependent districts, and MSTUs, if any. (Total ofLine 18 from all DR-420 forms)
26 Current year proposed aggregate millage rate (Line 25 divided by Line 4, multiplied per $1,000 (26)
by 1,000)
27 Current year proposed rate as a percent change of rolled-back rate (Line 26 divided byline ~o (27)
23, ,multiplied by 100)
First public Date Time Place
budget hearing 09/13/2010 7:00 pm City of Delray Beach Commission Chambers
I certify the millages and rates are Correct to the best of my knowledge. The
Taxing Authority Certifiicatian millages comply with the provisions of s. 200.065 and the provisions of either
s. 200.071 ors. 200.081, F.S.
Signature of Chief Administrative Officer Date
cu
W
~ _ A
7
08/03/2010
~
~
= Title Contact Name
~
l~ Asst. City Manager Rebecca S. O'Connor
N Mailing Address Physical Address
100 NW 1st Avenue Same as mailing address
City, State, Zip Phone Number Fax Number
Delray Beach, FL 33444 561-243-7128 561-243-7166
Instructions on page 3