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Res 56-01RESOLUTION NO. 56-01 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, TO 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 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, 2001, and ending September 30, 2002. 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 dunng 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 $172,452,642. The operating millage rate of $1.00 per one thousand dollars ($1,000.00) exceeds the rolled-back rate of $0.8564 per one thousand dollars ($1,000.00) by 16.77%. 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 proposed budget on September 4, 2001, and September 19, 2001. City Clerk MAYOR MEMORANDUM TO: FROM: SUBJECT: DATE: MAYOR AND CITY COMMISSIONERS CITY MANAGER ~]A4 AGENDA ITEM /0 ~ - REGULAR MEETING OF SEPTEMBER 19, 2001 RESOLUTION NO 56-01 0VIILIJ&GE LEVY IN THE DDA TAXING DISTRICT) SEPTEMBER 14, 2001 Resolution No. 56-01 levies a tax in the mount of 1.00 mill on all properties within the Downtown Development Authority Taxing District of the City of De[ray Beach for FY 2002. Thts nullage exceeds the 0.8564 rolled back rate calculated under the TRIM law by 16.77%. A copy of the DDA's Certification of Taxable Value is attached, along with a copy of the DDA budget for FY 2002. Recommend approval of Resolution No. 56-01. RefiAgmemo20.Res.56-01.Mfllage Levy. DDA FY 2002 RESOLUTION NO. 56-01 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, TO 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 levied on all taxable property within the Downtown Development Authority Taxing District of the City of Delray Beach for the fiscal year commenmng October 1, 2001, and ending September 30, 2002. There shall be and hereby is appropriated for the purpose of financing the operation of the Downtown Development Authority Taxing District revenue derived from smd tax for operating and maintenance expenses of the Downtown Development Authority Taxing District, and also in addition, all revenues derived by said Taxing District dunng said fiscal year t~om all other sources other than the tax levy for current bond service and that part of collection of dehnquent taxes lewed 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 $172,452,642. The operating millage rate of $1.00 per one thousand dollars ($1,000.00) exceeds the rolled-back rate of $0.8564 per one thousand dollars ($1,000.00) by 16.77%. 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 munm~pahties, 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 heanngs were held on the proposed budget on September 4, 2001, and September 19, 2001. PASSED AND ADOPTED in regular session on this the 19th day of September, 2001. ATTEST: MAYOR City Clerk DR-420 SECTION I R 01/95 CERTIFICATE OF TAXABLE VALUE 2001 Year PALM BEACH County (1) Current Year Taxable Value of Real Property for Operating Purposes $ (2) Current Year Taxable Value of Personal Property for Operating Purposes $ (3) Current Year Taxable Value of Centrally Assessed for Operating Purposes $ (4) Current Year Gross Taxable Value for Operating Purposes (1) + (2) + (3) $ (5) Current Year Net New Taxable Value (New Construction + Additions + Rehabilitative $ Improvements Increasing Assessed Value By At Least 100% + Annexations - Deletions) (6) Current Year Adjusted Taxable Value (4) - (5) $ (7) Prior Year Final Gross Taxable Value (From Prior Year Applicable Form DR-403 Series) $ To. Delra¥ Beach - D.D.A. (Name of Taxing Authority) 172,452,642 0 0 172,452,642 1,025,014 ' 171,427,628 146,805,841 I do hereby certify the values shown herein to be correct to the best of my knowledge and belief. Witness my hand and official signature at West Palm Beach, FI. , this thp ,.-., 29TH day of, JUNE 2001 -- -Slgr~ature of Property Appraiser 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 (9) Prior Year Ad Valorem Proceeds (7) x (8) (10) Current Year Rolled-Back Rate (9) / (6) (11 ) Current Year Proposed Operating Millage Rate 1.0000 Per $1,000 146,806 0.8564 Per $1,000 1.0000 Per $1,000 (12) Check one (1) TYPE of Taxing Authority r----~, County [ ' Municipahty ~ Independent Special District Dependent ~ Municipal Service r ~ Distdct Taxing Unit --i Multi-County Water Management District (13) (14) Current Year Millage Levy for VOTED DEBT SERVICE (15) Current Year OTHER VOTED MILLAGE DEPENDENT SPECIAL DISTRICTS SKIP lines (16) through (22)] (16) Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENT Special Districts & MSTU's levying a millage. (The sum of Line (9) from each District's Form DR-420) (17) Total PriorYear Proceeds: (9) + (16) (18) The Current Year Aggregate Rolled-back Rate: (17) ! (6) (19) Current Year Aggregate Rolled-back Taxes: (4) x (18) (20) Enter Total of all non-voted Ad Valorem Taxes proposed to be levied by the Principal Taxing Authority, all Dependent Districts, & MSTU's if any. Line (11) x Line (4) Current Year Proposed Aggregate Millage Rate: (20) / (4) (21) (22) IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE. -0- n/a Current Year Proposed Rate as a PERCENT CHANGE OF Rolled-back Rate: [(Line 21 / Line 18) - 1.00] x 100 Date, Time and Place of the first Public Budget Hearing: September 4~ 200]. at 7:00 p,m, Commission Chambers, 100 NW 1st Avenue. Delray I do hereby certify the m~llages and rates shown herein to be correct to the best of my knowledge and belief. FURTHER, I certi~ that all millages comply with the provisions of Section 200.071 or 200.081, F.S. WITNESS my hand and official signature ~t Del~ay Beach , Flodda, this the 25th dayof Jul}' Jl -[~ ....--r'-! ~ ~ David T. Harden S~hature and btle of Chief Administrative Officer' ~ Address of Physical Location Per $1,000 Per $1,000 $ n/a n/a n/a n/a Per$1,000 n/a Per $1,000 % at City ~all City 2001 . 100 NW 1st Avenue ~il~n~ddress Delray Beach, FL 33444 City S~te Joseph M. Safford, Name of Contact Person 561-243-7116 Zip Phone Number SEE INSTRUCTIONS ON REVERSE SIDE Finance Director 561-243-7166 Fax Number