Res 74-04 RESOLUTION NO. 74-04
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF DELRAY BE. ACH, TO LEVY A TAX ON AIJ.
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 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 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 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 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 public heatings were held on the budget on September 7, 2004 and
on September 21, 2004.
PASSED AND ADOPTED in regn~l~r session on this the 21~t day of September,
2004.
ATrEST:
Acting City Clerk
2 RES. NO. 74-04
· ' CERTIFICATE OF TAXABLE VALUE
R.01/95
· 2004 Year
~' · PALM BEACH County To Delray Beach - D.D.A.
(Name of Taxing Authority) -'
(1') Current Year Taxable Value of Real Pmpe .rty._ for Op~rating Purposes $ 269,326,778
(2) Current Year Taxable Value of Personal Pmperty'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) $ ~. '~.'~. 269i326,778
(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 Prior Year Applicable Form DR-403 Series) $ 220,629,462
do hereby certify the values shown herein to be correct to the best of m~'~;~edge and beliefs.Witness my hand and official
· , this th~ /1 ST day or~ JULY 2004
~gnature at. West Palm Beach, FI.
~'AXlNG AUTHORITY: If this portion of the form is not completed in FULL your Authority will be denied TRIM certification
ind possibly lose its millage levy privilege for the tax year. If any line is inapplicable, enter N/A or -0-.
~ECTION !1
(8) Prior Year Operating Millage Levy $ 1. 000 Per. S1,000
(9) PdorYearAd~alorem Proceeds (7)x (8) $ 220,629
10) Current Year Rolled-Back Rate (9) I (6) $ .8477 Per$1,000
11) Current-Year Proposed Operating Millage Rate $ 1. 0000 Per $i.000
12) Check one (1) TYPE of Taxing Au~ority
~ County ~ Municipality [~ Independent [~ Dependent r-~ Munidpal Service [---] Multi-county
Special District District Taxing Unit ~ Water Management District
13) IF DEPENDENT SPECIAL DISTRICT OR MSTIJ IS MARKED, PLEASE SEE REVERSE SIDE.
14) Current Year Millage Levy for VOTED DEBT SERVICE $ -0-
Per $1,000
15) Current Year OTHER VOTED MILLAGE $ -0- Per $1,000
[ DEPENDENT SPECIAL DISTRICTS SKIP lines (16) through (22)j
16) Enter Total Pdor 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 Pdor Year Proceeds: (9) + (16) $
18) The CUrrent Year Aggregate Rolled-back Rate: (17) / (6) $ N/A~
Per $1,000
19) Cuffent Year Aggregate Rolled-back Taxes: (4) x (18) $ .~/.~
20) Enter Total of all non-voted Ad Valorem Taxes propo;sed to be levied by the Principal :$ N/A ....
· Taxing Authority, all Dependent Districts~ & MSTU's ii any. Line (11) x Line (4) ...
21) Current Year Proposed Aggregate Millage Rate: (20)/(4) $' 'N/A'
Per $1,000
22) Current Year Proposed Rate as a PERCENT' cHANGE OF Rolled-back Rate:
[(Une 21 / Une 18) - 1.00] x 100
)ate, Time and Place of the first Public Budget Hearing: September 7, 2004, 7: 00
~e~ra~ Beach City Hall~ 100 N.W. 1st Avenue, Delray Beach, FL 33444
do hereby certify the millages and rates sh°wn heretn to be correct to the best of my knowledge and belief. FURTHER,
certify that all millages comply with the provisions of Section 200,071 or 200.081, F.S. WITNESS my hand and official
rear De Beach , Florida, this the 21st dayof Jt~ly .., 200~ . .
~~~ D avidT. Harden
~-~ Ct~l'v M~n~r Same
;ig~ture and title of Cfilef Administrative Officer ' ~ Address of Physical Location
.00 ~.W. 1st Avenue . . Joseph M'. Saff°.rd. Director of F~n~nce
I~ling Address Name of Contact Person'
~lray Beach, FL 33444 561-243-7116 561-243-7166.
~y State Zip Phone Number Fax Number
SEE INSTRUCTIONS ON REVERSE SIDE
DOWNTOWN DEVELOPMENT AUTHORITY INCOME/EXPENDITURE & BUDGET ~ 7131104 (10 Months)
i& ESTIMATE TO YEAR END 9/30/04
Plan Actual Budget Under/ ! Budget Estimate 20044)5
;~evenue: 2003104 To Date To Date (Over) ! Available to yr end Budget
Ad Valorum Taxes 209,773 213,031 209,773 (3,258) ! (3,258) 213,031 255,860
Interest (CD's about $5,000) 7,000 515 2,000 1,485 I 6,465 2,500 2,500
Other revenue 0 !
Total Revenue to date 216,773 213,546 211,773 (1,773) ! 3,227 215,531 258,360
Expenses: !
Downtown Joint Venture 60,000 62,500 60,000 (2,500) ! (2,500) 62,500 62,500
Special Projects Assistant 31,700 31,700 31,700 0 ! 0 31,700 31,700
Office Expenses: !
Equipment & Supplies 1,500 711 750 39 ! 789 1,500 1,500
Mailings & Postages 2,000 1,308 1,600 292 ! 692 2,000 2,000
Rental 2,400 2,400 2,400 0 ! 0 2,400 2,400
Bank Charges 150 125 125 ! 150 50 150
Bookkeeping Fees 800 704 670 (34) ! 96 900 1,000
Dues, Subscriptions & Fees 1,000 1,011 1,000 (11) ! (11)i 1,011 1,011
Extemal Auditors' Fees Adjusted 8,900 8,926 8,900 (26) I (26) 8,926 5,500
Insurance 6,335 5,120 6,335 1,215 ! 1,215 5,120 6,335
Property Appraiser's Charges 1,949 1,954 1,949 (5) ! (5) 1,954 1,954
Travel & Meetings 5,000 3,087 4,100 1,013 ! 1,913 5,000 7,000
Sub-Total Oper. I Office Exps 121,734 119,421 119,529 108 ! 2,313 123,061 123,050
Chamber & C100 Dues 1,000 288 1,000 712 I 712 288 '1,000
Downtown Map Sponsorship 17,500 18,197 17,500 (697) ! (697) 18,197 20,000
Economic Develop. Pineapple Grove 5,000 0 ! 5,000 5,000 5,000
WARC 5,000 2,500 2,500 0 ! 2,500 2,500 5,000
Holiday Tree & First Night Expense 15,000 15,000 15,000 0 ! 0 15,000 18,500
Promotions & Grants*** 10,000 6,000 6,000 0 ! 4,000 6,000 6,000
Reserve 'Marketing: 60,000 56,100 52 ! 3,952 60,000 65,000
2004 FI USA Advert/Getaways 11,055 !
Southern Uving & Shopping/Dining 11,592 !
Travel Host Magazine 12,044 !
Guest Informant 2,915 1
SEE Magazine 5,559 !
First Night I Holiday Gift Cert. 5,150 !
Web Site, Misc. & Educ. TV refund 7,733 !
Sub Total Market & Promo. 113,500 98,033 98,100 67 ! 15,467 106,985 120,500
Reserve Banners 5,000 0 ! 5,000 12,000 4,000
Reserve Clean & Safe 25,000 0 ! 25,000
Reserve Ughts Adjusted 25,000 29,382 25,000 (4,382)! ! (4,382) 35,000 38,000
Reserve Sign System 3,000 2,745 3,000 255 ! 255 2,745 5,000
Sub Total Reserve Accounts 58,000 32,127 28,000 (4,127): ! 25,873 49,745 47,000
!
Total Expenses to date 293,234 249,581 245,629 (3,952) ! 43,653 279,791 290,550
!
Tol Revenue Overl(Under) to date (76,461) (36,035) (33,856) ! (40,426) (64,260) (32,t90)
!
Funds broughtfwd 1011103 110,976 107,288 ! 107,288 43,028
Less Auditor's year end adj. (3,688) !
Total Funds carried fwd 35,227 71,253 ! 43,028 10~838
'"'*Garlic Festival $1,000/ Green ~ $1,0(X)/Soul of Dea'ay $500/Asian Fair $~O/Ne~mhaod Help $5(X]
MEMORANDUM
TO: MAYOR AND CITY COMMISSIONERS
FROM: CITY MANAGER
SUBJECT: AGENDA ITEM # \~e~ - REGULAR MEETING OF SEPTEMBER 21, 2004
RESOLUTION NO. 74-04 (MIl J-&GE LF. VY IN THE DDA TAXING
DISTRI(~;T)
DATE: SEPTEMBER 17, 2004
Resolution No. 74-04 levies a tax in the mount of 1.00 mill on all properties within the Downtown
Development Authority Taxing District of the City of Delray Beach for FY 2005. This 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.
On September 7, 2004, Commission approved a resolution tentatively levying the millage rate at 1.00
mills, there has been no change. Recommend approval of Resolution No. 74-04.
S:\City Clerk\agenda memos\Res74-04 Millage Levy DDA FY 2005
RESOLUTION NO. 74-04
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF DELRAY BEACH, TO LEVY A TAX ON Al J,
PROPERTIES WITHIN THE DOWNTOWN DEVFJJOPMENT
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 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 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 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 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 public hearings were held on the budget on September 7, 2004 and
on September 21, 2004.
PASSED AND ADOPTED in regular session on this the 21st day of September,
2004.
MAYOR
ATTEST:
Acting City Clerk
2 RES. NO. 74-04
.~ CERTIFICATE OF TAXABLE VALUE
R.01/95
.' 2oo4 Year
.~:-~" ' PALM BEACH County To Delray Beach - D.D.A.
. (Name of Taxing Authority)
(~)_.Curren_t..yea__~_T_a~xp_b!.e_ .V..a_!u_ep..f___R_eal 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) Current 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 best of m~'~;'~edge and beliefs_Witness my hand and official
signature at West Palm Beach, FI. , this thff' ~IST day o~"~ JULY 2004
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 I!
(8) Prior Year Operating Millage Levy $ 1. 000 Per. S1,000
(9) PdorYearAd 9alorem Proceeds (7) x (8) $ 220,629
(10) Current Year Rolled-Back Rate (9) / (6) $ .84 7 7 per $1,000
(11) Current'Year Proposed Operating Millage Rate $ 1. 0000 Per $i,000
r12) check one (1) TYPE of Taxing Authority
~ County ~ Municipality ~ Independent ~ Dependent ~ MUnicipal Service r-'--'l Mulfi.4.",ounty
Special District 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 VOTED MILLAGE $ -0- Per $%000
~ DEPENDENT SPECIAL DISTRICTS SKIP lines (16) through (22) I
(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) $ N/A
(18) The CUrrent Year Aggregate Rolled-back Rate: (17) / (6) $ N/A Per $1,000
(19) Current Year Aggregate Rolled-back Taxes: (4) x (18) $ N/A
(20) Enter Total of all non-voted Ad Valorem Taxes proposed to be levied by the Principal '$ N/A. ' :':
. Taxing Authority, all Dependent Districts, & MSTU's if any. Line (11) x Line (4) .
(21) Current Year Proposed Aggregate Millage Rate: (20) / (4) $' N/A ' Per $1,000
(22) Current Year Proposed Rate as a PERCENT CHANGE OF Rolled-back Rate: N/A %
[(Une 21 I Une 18) - 1.00] x 100
Date, Time and Place of the first Public Budget Hearing: September 7, 2004, 7: 00 p.m., City C°~,mis's~°n Chambers,
De,ray Beach City Hall~ lO0 N.W. 1st Avenue~ Delray Beach, FL 33444
I do hereby certify the millages and rates sh°wn herein to be correct to the best of my knowledge and belief. FURTHER.
I certify that all millages comply with the previsions of Section 200,071 or 200.081, F.S. WITNESS my hand and official
mat De y Beach ,Flofida, thisthe 21st dayof July ,_2J10A__.
o,t~v Ma'n:a o,~ r
Signature and lille of Chief Administrative Officer ~ Address of Physical Location
lO0 N.W. 1st Avenue Joseph M. Saff°rd. Director of Finance
Mailing Address Name oT Contact Person'
Delray Beach, FL 33444 561-243-7116 561-243-7166
City State Zip Phone Number Fax Number
SEE INSTRUCTIONS ON REVERSE SIDE
DOI/~TO~ DEVELOPMENT AUTHORITY INCOME/EXPENDITURE & BUOG~.¥ ~ 7/31i04 (t,0 Months) 1
& ESTIMATE TO YEAR END 9130104
I
-~ Plan Actual Budget Under/ ! Budget Estimate 20044)6
~evenue: 2003104 To Date To Date (Over) ! Available to yr end Budget
Ad Valorum Taxes 209,773 213,031 209,773 (3,258) ! (3,258) 213,031 255,860
Interest (CD's about $5,000) 7,000 515 2,000 1,485 ! 6,485 2,500 2,500
Other revenue 0
Total Revenue to date 216,773 213,546 211,773 (1,773) ! 3,227 215,531 258,360
Expenses: ~ I ,
Downtown Joint Venture 60,000 62,500 60,000 (2,500) ! (2,500) 62,500 62,500
Special Projects Assistant 31,700 31,700 31,700 0 ! 0 31,700 31,700
Office Expenses: !
Equipment & Supplies 1,500 711 750 39 ! 789 1,500 1,500
Mailings 8, Postages 2,000 1,308 1,600 292 ! 692 2,000 2,000
Rental 2,400 2,400 2,400 0 ! 0 2,400 2,400
Bank Charges 150 125 125 ! 150 50 150
iBookkeeping Fees 800 704 670 (34) ! 96 900 1,000
Dues, Subscriptions & Fees 1,000 1,011 1,000 (11) ! (11) 1,011 1,011
External Auditors' Fees Adjusted 8,900 8,926 8,900 (26) ! (26) 8,926 5,500
Insurance 6,335 5,120 6,335 1,215 ! 1,215 5,120 6,335
Property Appraiser's Charges 1,949 1,954 1,949 (5) ! (5) 1,954 1,954
Travel & Meetings 5,000 3,087 4,100 1,013 ! 1,913 5,000 7,000
Sub-Total Oper. I Office Exps 121,734 119,421 119,629 108 ! 2,313 123,061 123,050
'Chamber & C100 Dues 1,000 288 1,000 712 ! 712 288 1,000
Downtown Map Sponsorship 17,500 18,197 17,500 (697) ! (697) 18,197 20,000
Economic Develop. Pineapple Grove 5,000 0 ! 5,000 5,000 5,000
WARC 5,000 2,500 2,500 0 ! 2,500 2,500 5,000
Holiday Tree & First Night Expense 15,000 15,000 15,000 0 ! 0 15,000 18,500
Promotions & Grants*** 10,000 6,000 6,000 0 ! 4,000 6,000 6,000
Reserve Marketing: 60,000 56,100 52 I 3,952 60,000 65,000
2004 FI USA Advert/Getaways 11,055 !
Southern Living & Shopping/Dining 11,592 !
Travel Host Magazine 12,044 !
Guest Informant 2,915 !
SEE Magazine 5,559 !
First Night I Holiday Gift Cert. 5,150 !
Web Site, Misc. & Educ. TV refund 7,733 !
Sub Total Market & Promo. 113,500 98,033 98,100 67 ! 15,467 i 106,985 120,500
Reserve Banners 5,000 0 ! 5,000 12,000 4,000
Reserve Clean & Safe 25,000 0 I 25,000
Reserve Lights Adjusted 25,000 29,382 25,000 (4,382) ! (4,382) 35,000 38,000
Reserve Sign System 3,000 2,745 3,000 255 ! 255 2,745 5,000
Sub Total Reserve Accounts 58,000 32,127 28,000 (4,127) ! 26,873 49,745 47,000
!
Total Expenses to date 293,234 249,581 245,629 (3,952) ! 43,663 279,791 290,560
!
Tol Revenue Overl(Under) to date (76,461) (36,035) (33,856) ! (40,426) (64,260) (32,190)
!
Funds broughtfwd 10/1103 110,976 107,288 ! 107,288 43,028
Less Auditor's year end adj. (3,688) !
Total Funds carded fwd 35,227 71,253 ! 43,028 10,838
***C_-.-.-.-.-.-.-.-.-~lic Festival $1,000/ Green Mmt~ $1,000/ Soul of DebaY $500/Asian Fa~ $~00~ He~ $500