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Res 69-04 RESOLUTION NO. 69-04 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, TO TENTATIVFJ,Y LEVY A TAX ON ALL PROPERTIES WITHIN THE DOWNTOWN DEVF&OPMENT 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 $1.00 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 Dekay Beach for the fiscal year commencing October 1, 2004, and ending September 30, 2005. 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 $269,326,778. The tentative operating millage rate of $1.00 per one thousand dollars ($1,000.00) exceeds the rolled-back rate of $0.8477 per one thousand dollars ($1,000.00) by 17.97%. 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 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 7, 2004. PASSED AND ADOPTED in regular session on this the 7a' day of September, 2004. A'ITI~ST: Acting City Clerk 2 RES. NO. 69-04 J2 CERTIFICATE OF TAXABLE VALUE O04 Year R~01/~5 ~<~'~ ' PALM BEACH County To Delm¥ Beach - D.D.a.. (Name of Ta.,dng Authedty) (1).._Current Year Taxable Value of Real Property for Operating Purposes $ 269,326,778 (2) Current Year Taxable Value of Personal Property for Operating Purposes $ 0 (3) Current Year Taxable Value of Centrally Assessed for Operating Purposes $ 0 (4) Current Year Gross Taxable Value for Operating Purposes (1) + (2) + (3) $ ~ 269~326,778 (5) Current Year Net New Taxable Value (New Construction + Additions + Rehabilitative $ 9,072,3t9 Improvements Increasing Assessed Value By At Least 100% + Annexations - DeletiOns) (6) O.~rrent Year Adjusted Taxable Value (4) - (5) $ 260,254,459 (7) Prior Year Final Gross Taxable Value (From Prior Year Applicable Form DR-403 Series) $ 220,629,462 I do hereby certify the values shown herein to be correct to the e and belief. Witness my hand and official signature at West Palm Beach. FI. 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 inapplicable, enter N/A or -0-. SECTION II (8) Prior Year Operating Millage Levy $ 1.000 PetS1,000 (9) PrlorYearAdValomm Proceeds (7)x (8) $ 220.629 (10) Current Year Rolled-Back Rate (9) / (6) $ .8477 ParS1,000 (11 ) Current.Year Proposed Operating Millage Rate $ 1. 0000 Per $1.000 I12) Check one (1) TYPE of Taxing Authority ~ Courdy ~ Municipality ~ Independent ~ Dependent ~ Municipal Service [-~ MulU-County Special Distrct District Taxing Unit ~ Water Management District {13) IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE. (14) Current Year Millage Levy for VOTED DEBT SERVICE $ -0- Per $1,000 (15) Current Year OTHER~OTED MILLAGE $ -0- Per $1,000 I DEPENDENT SPECIAL DISTRICTS SKIP lines (16) through (22)J (16) Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENT Special Districts $ N/A & MSTU's levying a millage. (The sum of Une (9) from each Dis~ct's Form DR-420) (17) TotaIPriorYearPmceeds: (9)+ (16) $ N/A (18) The Current Year Aggregate Rolled-back Rate: (17) / (6) $ Per $1,000 (19) Current Year Aggregate Rolled-back Taxes: (4) x (18) $ ~/~ (20) Enter Total of all non-votsd Ad Valorem Taxes proposed to be levied by the Principal ;$ N/A . TaxJng Authority, all Dependent Districts~ & MSTU's if any. Line (11) x Line (4) (21) Current Year Proposed Aggregate Millage Rate: (20) / (4) $ Per $1 (22) Current Year Proposed Rate as a PERCENT CHANGE OF Rolled-back Rate: N/A % [(Une 21 / Erie 18) - t.00] x 100 Date, Time and Place of the first Public Budget Hearing: September 7, 2004, 7: 00 p.m., Ctty Commis'si0n Chambers ~e,~ray Beach City Hali~ 100 N.W. 1st Avenue, Delrav Beach. F~ I do hereby certify the mlllages and rates shown herein to be con'ect to the best of my knowledge and belief. FURTHER, I certify that all millages comply with the provisions of Section 200,07'1 or 200.08'1, F.S. WITNESS my hand and official aigna~mat ~y Beach ,Floltda, thlsthe 21St dayof July ,-Z.0.0..~.---. Signature and title of Ctiief Administrative Officer; ' ~ Address of Physical Location lO0 N.W. lat Avenue Joseph H. Safford. Direc~o~ of F~l~e MaBng Address Name of Con.ct Person Delray Beach. FL 33444 561-243-7116 561-243-7166 City State Zip Phone Number Fax Number SEE INS31~UCTIONS ON REVERSE SIDE MEMORANDUM TO: MAYOR AND CITY COMMISSIONERS CITY MANAGER ~1 FROM: SUBJECT: AGENDA ITEM # ~ - REGULAR MEETING OF SEPTEMBER 7. 2004 RESOLUTION NO. 69-04 (TENTATIVE MIH.&GE LEVY IN THE DDA TAXING DISTRICT) DATE: SEPTEMBER 3, 2004 Resolution No. 69-04 tentatively levies a tax in the amount of 1.00 mill on all properties within the Downtown Development Authority Taxing District of the City of Delvay Beach for FY 2005. This tentative millage exceeds the 0.8477 rolled back rate calculated under the TRIM law by 17.97%. A copy of the DDA's Certification of Taxable Value is attached, along with a copy of the DDA budget for FY 2005. Recommend approval of Resolution No. 69-04. Final adoption of the DDA tax levy for FY 2005 is scheduled for September 21, 2004. S:\City Clerk\agenda mem~\Re~69-04 Temative Milhge Levy DDA FY 2005 RESOLUTION NO. 69-04 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 $1.00 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, 2004, and ending September 30, 2005. There shall be and hereby is appropriated for the purpose of fmanfmg 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 $269,326,778. The tentative operating millage rate of $1.00 per one thousand dollars ($1,000.00) exceeds the rolled-back rate of $0.8477 per one thousand dollars ($1,000.00) by 17.97%. Section 2. That the above tentative mill%oe 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 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 7, 2004. PASSED AND ADOPTED in regular session on this the 7m day of September, 2004. MAYOR ATI'~ST: Acting City Clerk 2 RES. NO. 69-04  R.01/95 .~ 004 CERTIFICATE OF TAXABLE VALUE ~ ~. Year ~ PALM BEACH County To Delra¥ Beach - D.D.A. (Name of Ta.xJng Authority) (1) CurrentYea_r Taxable vaJue of Real Properly for Operating Purposes $ 269,326,778 (2) Current Year Taxable Value of Pemonal Property for Operating Purposes $ 0 (3) Current Year Taxable Value of Centrally Assessed for Operating Purposes $ 0 (4) Current Year Gross Taxable Value for Operating Purposes (1) + (2) + (3) $ --~ , 269,326,778 (5) Current Year Net New Taxable Value (New Construction + Additions + Rehabilitative $ 9,072,3t9 ImprOvements Increasing Assessed Value By At Least 100% + Annexations - Deletions) (6) Current Year Adjusted Taxable Value (4) - (5) $ 260,254,459 (7) Pdor Year Final Gross Taxable Value (From Pdor Year Applicable Form DR-403 Series) $ 220,629,462 I do hereby certify ~ and belief. Witness my hand and official signature at 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 inapplicable, enter NIA or -0-. SECTION II (8) Prior Year Operating Millage Levy $ 1. 000 Per $1,000 (9) PriorYearAd~/aloram Praceeds (7)x (8) $ 220,629 (10) Current Year Rolled-Back Rate (9) / (6) $ .8477 Per$1,000 (11 ) Current 'Year Proposed Operating Millage Rate $ 1.0000 Per $1,000 r12) check one (1) TYPE of Taxing Authority ~ County ~ Municipality ~ Independent ~ Dependent ~ Municipal Service I-~ Multi-County Spaclal District Disbict Taxing Unit ~ Water Management District (t3) IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE. (14) Current Year Millage Levy for VOTED DEBT SERVICE $ -0- Per $1,000 (15) Current Year OTHERVOTED MILLAGE $ -0- Per$1,000 I DEPENDENT SPECIAL DISTRICTS SKIP lines (16) through (22) 1 (16) Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENT Special Districts $ N/A & MSTU's levying a millage. (The sum of Line (9) from each District's Form DR-420) (17) Total Prior Year Proceeds: (9) + (16) $ H/A (18) The Current Year Aggregate Rolled-back Rate: (17) / (6) $ N/A Per $1,000 (19) Currant Year Aggregate Rolled-back Taxes: (4) x (18) $ (20) Enter Total of all non-votsd Ad Valorem Taxes proposed to be levied by the Principal $ ~1/A Taxing Authority, all Dependent Districts, & MSTU's if any. Line (11) x Line (4) (21) Current Year Proposed Aggregate Millage Rate: (20) / (4) $ ~/A ' Per $1,000 (22) Current Year Proposed Rate aS a PERCENT CHANGE OF Rolled-back Rate: H/A % [(Une 21 / Line 18) - 1.00] x 100 Date, Time and Place of the first Public Budget Hearing: SeDtember 7, 200/~, 7: 00 ~). m., C:[ty Comm±ss:L0n Chambers ~e~ray Beach City Hall~ 100 N.W. 1st Avenue. Delra¥ Beach. FL 33444 I do hereby certify the mlllages and rotes shown heroin to be correct to the best of my knowledge and belief. FURTHER, I certJty that all millages comply with the provisions of Section 200~071 or 200.081, F.S. WITNESS my hand and official slgna~reat ~,% ])e](t'~' Beach ,Flodda, thislhe 2let _dayof ..Tv~'ly .~~~ David T. Harden Slgn~tum and ti6e of Chief Administrative Officer~ ' ~ Address of Physical Location lO0 H.W. let Avenue Joeeph M. Safford. Director of Mailing Address Name of Con,ct Pemon Delray Beach. FL 33444 561-243-7116 561-243-7166 City State Zip Phone Number Fax Number SEE INSTRUCllONS ON REVERSE SIDE