Res 50-01RESOLUTION NO. 50-01
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, TI:IEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF Tl:lF,
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, 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 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 serwce. 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 tentative 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 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 prowdes 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 w~thin the
jurisdiction of the taxing authority as certified pursuant to Section 200.065(I) 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 4, 2001.
PASSED AND ADOPTED in regular session on this the 4th day of September, 2001.
MAYOR
City Clerk
MEMORANDUM
TO:
FROM:
SUBJECT:
DATE:
MAYOR AND CITY COMMISSIONERS
CITY MANAGER~
AGENDA ITEM ]O...~ - REGULAR MEETING OF SEPTEMBER 4, 2001
RESOLUTION NO. 50-01 .(TENTATIVE MILLAGE LEVY IN THE DDA
TAXING DISTRICT)
AUGUST 31, 2001
Resolution No. 50-01 tentatively levies a tax m 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. This
tentative millage 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 xs attached, along with a copy of the DDA
budget for FY 2002.
Recommend approval of Resolution No. 50-01. Final adoption of the DDA tax levy for FY 2002 is
scheduled for September 19, 2001.
Ref:Agmemo20.Res.50 -01.Tentative Millage Levy. DDA.FY 2002
RESOLUTION NO. 50-01
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, 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 Disthct 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 $172,452,642. The tentative 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 tentative millage rate is adopted pursuant 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 taxmg 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 cemfied 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 4, 2001.
PASSED AND ADOPTED in regular session on this the 4th day of September, 2001.
ATYEST:
MAYOR
City Clerk
SECTION I
2001
CERTIFICATE OF TAXABLE VALUE
Year
To Delra¥ Beach
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) $
- D.D.A.
DR-420
R 01/95
(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
s~gnature at West Palm Beach, FI. , this the ....., 29TH day of., JUNE 2001
Sigr~ature o roperty 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 $ 1.0000
Per $1,000
(9) Prior Year Ad Valorem Proceeds (7)x (8) $ 146~806
(10) Current Year Rolled-Back Rate (9) / (6) $ 0.8564
(11) Current Year Proposed Operating Millage Rate $ 1.0000
~) Check one (1) TYPE of Taxing Authority
Per $1,000
Per $1,000
'il 3)
County I-! Municipahty ~ Independent ~ Dependent ~ Municipal Service j
Special District Distdct Taxing UnR
Multi-County
Water Management District
IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE.
(14) Current Year Millage Levy for VOTED DEBT SERVICE
(15) Current Year OTHER VOTED MILLAGE
DEPENDENT SPECIAL DISTRICTS SKIP lines (16) through (22)I
(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 Prior Year 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)
(21) Current Year Proposed Aggregate Millage Rate: (20)/(4)
(22) 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 ~ 2001
at 7:00 p.m.
Commission Chambers, 10O ~ 1st Avenue, Delray Beach:
I do hereby certify the millages and rates shown herein to be correct to the best of my knowledge and belief. FURTHER,
I certify that all millages comply with the provisions of Section 200 071 or 200.081, F.S. WITNESS my hand and officml
signature At Del~ay 'Beach , Florida, this the 25th dayof Ju].¥
Ii ' ~5 ~ f~__~,- b David T. Harden
.~,.~' / ' I' d~_~ ~-~'-~Citv Manager SmmP
S~nature and btle of Chief Administrabve Officer- v Address of Physical Location
-0-
n/a
Per $1,000
Per $1,000
$ n/a
n/a
n/a
Per $1,000
$ n/a
n/a
Per $1,000
%
at City Hall City
2001.
100 NW 1st Avenue
IVl~il~n~'~ddress
Delray Beach, FL 33444
C~ty S~te
Joseph M. Safford,
Name of Contact Person
561-243-7116
Z~p Phone Number
SEE INSTRUCTIONS ON REVERSE SIDE
Finance Director
561-243-7166
Fax Number