Res 38-13RESOLUTION NO. 38-13
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 $7.4546 $7.3546 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 cores encng October 1, 2013, and ending September 30, 2014. 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 assessed
valuation on all taxable property for operating purposes within the City of Delray Beach is
$6,610,035,071. The tentative operating millage rate of $7.4-546 $7.3546 per one thousand dollars
($1,000.00) is greater than the rolled -back rate of $6.8505 pet one thousand dollars ($1,000.00) by
S. S2 ° -/° 7.36 %.
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 $2,168,937. There is hereby appropriated for the payment thereof, all revenues
derived from the tentative tax levy of $0.3453 per one thousand dollars ($1,000.00) of assessed
valuation, which is hereby levied for that purpose for the fiscal year commencing October 1, 2013,
and ending September 30, 2014, upon the taxable property of the City of Delray Beach, the assessed
valuation being $6,612,004,527.
Section 3. That the above tentative millage rates are adopted subject to adjusttuent
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 a public bearing was held on the proposed budget on September 3,
2013.
PASSED AND ADOPTED in regulat session on this the 3rd day of September,
2013.
AYOR
ATTEST:
City Clerk
2 RES. NO. 38 -13
Coversheet
MEMORANDUM
TO: Mayor and City Commissioners
FROM: Lisa M. Herrmann, Budget Officer
David A. Boyd, Finance Director
THROUGH: Louie Chapman, Jr., City Manager
DATE: August 27, 2013
Page 1 of 1
SUBJECT: AGENDA ITEM 10.A. - REGULAR COMMISSION MEETING OF SEPTEMBER 3, 2013
RESOLUTION NO. 38-13/ TENTATIVE MILLAGE LEVY
ITEM BEFORE COMMISSION
This item before Commission is Resolution No. 38 -13 which tentatively levies a tax on all properties in
the City of Delray Beach for FY 2014. The proposed total millage rate for FY 2014 is 7.7999 vs. 7.8033
for FY 2013. The proposed FY 2014 total millage rate of 7.7999 can still be reduced at the second
budget hearing on September 17, 2013 when the final millage rate is adopted.
BACKGROUND
The proposed FY 2014 total millage rate is composed of two parts - an operating millage of 7.4546 and
a debt service millage rate of 0.3453. The proposed operating millage is more than the rolled back
millage rate (6.8505) by 8.82 %. The total millage rate for FY 2014 (both operating and debt service) is
less than the total millage for FY 2013 by 0.0034 or 0.04 %. The final operating and debt service millage
rates will be determined by the City Commission on September 17, 2013.
The assessed valuation on all taxable property within the City for operating purposes is $6,610,035,071.
The assessed valuation for debt services is $6,612,004,527. The reason for the differential is the
exemptions that were granted to the 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 adoption of
the resolution.
The final FY 2014 millage rates and budget are scheduled for adoption on September 17, 2013.
RECOMMENDATION
Recommend approval of Resolution No. 38 -13 - Tentative Millage Levy for FY 2014.
http:// itwebapp / Agendalntranet /Bluesheet.aspx ?ItemlD= 7107 &MeetingID =459 9/10/2013
B2 THE PALM BEACH POST REAL NEWS STARTS HERE I TUESDAY, AUGUST 27, 2013
NOTICE OF.,_PUBUC HEARING
TENTATIVE BUDGET AND PROPOSED MILLAGE _RATE
CITY OF DELRAY BEACH
OCTOBER 1, 2013 SEPTEMBER 30, 2014
The City of Delray Beach, Florida will be 'holding a Public Heoring.on the Proposed Budget for 2013 -201A on
Tuesday. September 3.201,3 at 7:00 PM in the Commission Chambers at City Hall, 100 N.W. 1st Avenue. All citizens
are invited to attend the hearing and may make written or oral comments or ask questions regarding the budget.
Exkibit A
Budget Summary
GENERAL DEVELOPMENT ENTERPRISE REVENUE
FUND FUND FUNDS FUNDS TOTAL
CASH IU,IAMCESBROUWFORWARD 1,541,660 0 1;554,250 0 3,095,910
ESTIMATED REVENUES: +
TAXES Milluges
AD VALOREM TAXES 7.4546 47,304,160 - 0 0 0 47,304,160
ADVALOREMTAXES 0AA53 2,168,970 0 0 0 2,168,970
AD VALOREM- DEUNQUEW 350,000 0 0 0 35D,000
AD VALOREM • ODA 1.0000 0 535,706 .0 0 535,706
Sales &Use Taxes 1,305,000 0 0 0 1,305,000
UfilityTaxes 5,235,000 0 _ 0 - 0 5,235,000
Other Taxes 4,174,000 0 0 0� 4,174;000
Franchise, Licenses & Permits 5,991,630 0 1,200 0 8,992,830
Inlergavernmental 6,599,600 0 245,750 651,100, 7,496,450
Cho rgas for 5e__ 10,517,540 0 43,029,310 0 53,546,850
Fines &For(eiMes 99BAO 0 0 93,750 1;092,250
Miscellaneous Revenues 5,916,510 57,000 250,930 618,040 6;842,480
Olher Financing Sources 4,553,240 0 1,075,000 1,024,620 6,652,860
TOTALREVENUES AND OTHER
FINANCING SOURCES 98,114,1,50 592,706 44,602,190 2,387,510 . 145,696,556
TOTAL ESTIMATED REVENUES
AND BALANCES 94,655,810 592,706 46,156,440 2;387,510 148,792,466
EXPENDMiRES /EXPENSES:
General Government Services 10,106,640 0 0 10,106,640
Public Safety 56,125,660 4 0 93,750 56,219,410
Physical Environment 560,870 0 27,611,360 0 _ 28,172,230
Transportation 3,523,710 0 0 0 3,523,710
Economic Environment 7,315,770. 591,223 0' 1,397,620, 9,304,613
Human Services 59,750 0' 0 0 59,750
Culture & Recreation 14,499,550 0 3,667,720 893,680 19,060,950
Debt Service 3,996,990 0 6,388,980 0 10,585,970
Other Financing USES 3,216,870 0 7,256,630 0 70,473,500
TOTAL EXPENDITURES /EXPENSES 99,405,810 591 223 . 45,124,690 2,38$,050 147,506,773
Reserves 250,000 1,483 1,031,750 2,460 1,285,693
TOTAL EXPENDITURES AND RESERVES 99, $,810 592,706 46,156,440 2,387,510 148,792,446
THE TENTATIVE, ADOPTED AND /QR FINAL BUDGETS ARE ON FILE- IN.THE OFFICE OF THE ABOVE MENTIONED
TAXING AUTHORITY AS'A PUBLIC RECORD,
The proposed budget may be Inspected atihe office of the City Clerk at City Hall, 100 KW..1 st Avenue, Delray
Beach, Florida from 8:00 A.M. to 5:00 P.M. Monday through Friday except holidays. The Commission will meet
in the Commission Chambers of City Hall on the 3rd day of September, 2013 at 7:00 PM. [or at any continuation
of such meeting which is set by the Commission] at which time the resolutions will be read by title only and all
persons interested will be given an opportunity to be heard. Please be advised that if a person or persons decides to
appeal any decision made by the City Commission with respect to any matter considered at this meeting or hearing,
such person will need a record of these proceedings, and for this pu "-pose such persons may need to ensure that,
a verbatim record of the proceedings is made, which record includes the les6mony and evidence updn which the
appeal �s to be based. The City does not provide or prepare such record..
CITY OF DELRAY BEACH
CHEVELLE D. NUBIPI, MMC
PUB: Tuesday August 2yj 2013 CITY CLERK