Res 39-13RESOLUTION NO. 39 -13
A RESOLUTION OF THE CITY COMNIISSTON 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,
2013, and ending September 30, 2014. There shall be and hereby is appropriated for the purpose of
financing the operation of the Downtown Development Authority Taking 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 froth all other sources other than the tax levy for current bond service and that part of
collection of delinquent takes 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 $563,110,918. The tentative operating treillage rate of $1.000 per one thousand
dollars ($1,000.00) is snore than the tolled rate of $0.9555 per one thousand dollars ($1,000.00)
by 4.66 %.
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 3,
2013.
PASSED AND ADAPTED in regular session on tt-ds the 3rd day of September,
2013.
I
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ATTEST:
City Clerk
RES. NO. 39 -13
Approved Budget 2013_14 & Revised Budget 2012_13
Top Line Report
j
j{
Budget
1 2012 -13
Amended
Budget
2012 -13
Estimated
Year End
1 9/30/13
Proposed
Budget
2013 -14
Percent
Change
against
2012 -13
1 Amended
Percent of
Revenue
2013 -14
Proposed
Budget
Revenues:
506,566 505,316 535,7_06
86,000 103,600 j 57,000 ��
_5.75%
- 33.72%
AD VALOREM TAXES & INTR.
496,566_
83,000
SPONSORSHIP RAISED
--- - - - - -- -
Total Revenues
1 579,566 592,566 608,916 ; 592,706
0.02%
I
k
Expenditures:
185,900, 190,300 210,891 f 185,528 -2.51%
35,000 Y47,000 - r 47,000 1 25,000 - 46.81%
MARKETING /PROMOTION
31.30%
_ ECONOMIC DEVELOPMENT
4.22%
-
RETAIL PROMOTIONS
10,000
13,000 13,000 C - 100.00%
0.00%
-
PLACE MAKING
45,000
18,041 I 15,000 25,000 38.57%
4.22%
TOTAL ECON. DEV. GRANTS
50,000
50,000 50,000 i 50,000 40.00%
8.44%
TOTALDDA PROJECTS
325,900
1 318,341- i 335,891 € 285,528 -0.01%
48.17%
Payroll Expenses
214,999
201,458 �� 200,645 213,802 6.13%
36.07%
Operational Expenses
39,797
�j
33,397 34,195
57,131 _ 71.07%
9.64%
Office Expenses
Total Admin. Expenses
p
30,300
285 096
37,800f 36,391
�I
� 272 655 271,230
._..._.�
i 34,762 -8.04%
5,69 12.1.2%
305
5.86%
51.58%
� �
1
I
Total Revenues
_ 592,566 _k 608,916 592,706 0�_�
610,996 590,996 607,121 591,223 0.10% 99.75%
Less Total Expenses
(over)/under spent
(31,430) 1,570 ! 1,795 1,483 f
33,000 0 0 r 0 - -�
H. Alan Sponsor (misalloc)
Net Income for year
1,570 1,570
1,795 1,483
Raised Revenues
83,000 86,000 103,600 IT 57,000
- -
SPONSORSHIP RAISED
IN KIND REVENUES
Total Raised Revenues
83,000 86,000 162,242 57,000
Res 39 -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.B. - REGULAR COMMISSION MEETING OF SEPTEMBER 3, 2013
RESOLUTION NO. 39-13/ TENTATIVE MILLAGE LEVY /DDA
ITEM BEFORE COMMISSION
Resolution No. 39 -13 tentatively levies a tax in the amount of 1.0000 mil on all properties within the
Downtown Development Authority Taxing District of the City of Delray Beach for FY 2014.
BACKGROUND
The proposed millage rate of 1.0000 for the DDA is the same as FY 2013 and is greater than the rolled
back rate (0.9555) by 4.66 %. The assessed valuation on all taxable property for operating purposes
within the Downtown Development Authority Taxing District of the City of Delray Beach is
$563,110,918.
A copy of the proposed DDA budget for FY 2014 is attached.
Final adoption of the DDA tax levy for FY 2014 is scheduled for September 17, 2013.
RECOMMENDATION
Recommend approval of Resolution No. 39 -13 - Tentative DDA Millage Rate for FY 2014.
http:// itwebapp / Agendalntranet /Bluesheet.aspx "ltemID= 7108 &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