Res 56-06
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RESOLUTION NO. 56-06
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 DELRA Y 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,
2006, and ending September 30, 2007. 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 $576,955,749. The tentative operating millage rate of $1.00 per one thousand dollars
($1,000.00) exceeds the rolled-back rate of$0.7152 per one thousand dollars ($1,000.00) by 39.82%.
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 5,
2006.
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PASSED AND ADOPTED in regular session on this the 5th day of September,
2006.
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ATTEST:
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City Clerk
2
RES. NO.61-0S
MEMORANDUM
FROM:
MAYOR AND CITY COMMISSIONERS
CITY MANAGER~
AGENDA ITEM # 10. B REGULAR MEETING OF SEPTEMBER 5,2006
RESOLUTION NO. 56-06 (TENTATIVE MILLAGE LEVY IN THE DDA
TAXING DISTRICt FOR FY 2007)
TO:
SUBJECT:
DATE:
SEPTEMBER 1, 2006
Resolution No. 56-06 tentatively levies a tax in the amount of 1.00 mill on all properties within the
Downtown Development Authority Taxing District of the City of Delray Beach for FY 2007. This
tentative millage exceeds the 0.7152 rolled back rate calculated under the TRIM law by 39.82%.
The assessed valuation on all taxable property for operating purposes within the Downtown
Development Authority Taxing District of the City of Delray Beach is $576,955,749.
A copy of the DDA's Certification of Taxable Value is attached, along with a copy of the DDA
budget for FY 2007.
Recommend consideration of Resolution No. 56-06. Final adoption of the DDA tax levy for FY
2007 is scheduled for September 19, 2006.
S:\City Clerk\AGENDA COVER MEMOS\Resolution Agenda Memos\Res 56-06.Tentative Millage Levy.DDA.FY 2007.09.05.06.doc
RESOLUTION NO. 56-06
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 DELRA Y 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,
2006, and ending September 30, 2007. 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 $576,955,749. The tentative operating millage rate of $1.00 per one thousand dollars
($1,000.00) exceeds the rolled-back rate of $0.7152 per one thousand dollars ($1,000.00) by 39.82%.
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 5,
2006.
2006.
ATTEST:
PASSED AND ADOPTED in regular session on this the 5th day of September,
MAYOR
City Clerk
2
RES. NO.61-0S
aECTION I
2006
PALM BEACH
CERTIFICATE OF TAXABLE VALUE
Year
County
DR-420
R.01195
To Delray Beach. D.D.A.
(Name ofTaxing Authority)
576,955,749
o
$
$
$
$
$
(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) $ _____~~~26,871___
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 Wes, ~alm Beach. Fl. . this the~TH fay ~ '.OJ!
.. . S~ofP_Ap"'''''
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) 1 (6)
$
o
576,955,749
37,225,966
539,729,783
(11) Current Year Proposed Operating Millage Rate
$ 1. 0000
$ 386.027
$ .7152
$ 1. 0000
- Per $1,000
Per $1,000
Per $1,000
.------.--.----.-----.-.----.-------.-----..---
K12) Check one (1) TYPE ofTaxing Authority
. [_"J County DP MunicipalityD Independent ~ Dependent D Municipal SerVice 0 Multi-County
L Special District District Taxing Unit 1"1 Water Management District
(13) IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE sfbY--.---------------
(14) Current Year Millage Levy for VOTED DEBT SERVICE $ __~O- --.------'------- Per $1,000
(15) Current Y~ar OTHER VOTED MILLAGE $ _":'0-____________ Per $1,000
[~E!~~i5..EN~_~~~IAL DI~!RI?TS SKIP lioe$-(16) through -(221]
(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) 1 (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'sifany. Line (11) x Line (4)
(21) Current Year Proposed Aggregate Millage Rate: (20) 1 (4)
(22) Current Year Proposed Rate as a PERCENT CHANGE OF Rolled-back Rate:
[(Line 211 Line 18) - 1.00] x 100
Date, Time and Place ofthe first Public Budget Hearing: September 5, 2006. 7: 00 p.m.. City Connnission Chambers,
Delray Beach City Hall. 100 NW 1st Avenue. Delray Beach, VI. 1~444
1 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 official
signat eat Delra Beach , Florida, this the 2nd dayof August
T.Harden
$ __I!L~._. ________
n:/.a
$ ________.__..___.____n
$
$
$
n/a
Per $1,000
--nlA-----------------.- .-. .- _.
~
$
n/a
n/a
Per $1,000
%
, 2006
same
Address of Physical Location
100 NW 1st Avenue Joseph M. Safford. Director of Finance
MalilliiiAddress-- -. - ------------ - ..---- _d_ --- ""-.... Name of Contact persorin---- --------.------.-------
Delray Beach, FL 33444 243-7115 243-7166
CiiY------------.---. State -..--.--------- Zipn----- Phone Number----.-Fax Num6er---._..--....-.n
SEE INSTRUCTIONS ON REVERSE SIDE
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Downtown Development Authority Interim Income &; Expenditure 9 months to 6/30/0 . EsL to Yr end &; Budget
-'-'---"- ........li ip<l:::.ll 7.n!!K, I~!-!.'~~~t"il(lU1Z'icc()-biiil~~U~i~i}.U!lc~.__.__..._ .' .:-- --.~~~-~ -~=-._~--~-~-"..~.~-.-l-...
I
fiaco~~.~::F:.xpenditur:-:__... "'---1"--'" -. Available EstiltUlle
! Budget -7tCiiilil' -7iiiilger" y;. Eiid --------- Budgei"-'--
Revenues---.-T- -2005106' "to date- Date 2006/7
.. ... oo~.d. Valorem Taxes .... ---.-.--:1 366.927 ::3'54;668" ""'}'1.259 .. 373,354 548,109 :
Interest.Ea.med __h_._.____:_ 2. . 3'00" --88f .-:..'-.. 'p-- - '900'-' '''1;500':'
.. Miscellaneous Income. _'. ---:L~litl. . .____. .
TQtatReveDJle$
. ..~. - . --.- . . --- ..
. 10 .. 3.67 :1.21 ._~55.5~.9 _ _ J2.~S9 _ ..3.1~.25_4 ._....._ .. ,_ __ .... .....549...609..
Expenditures
. D.M~C~' C~ntributi~n 11 125.200 96,746" m 28.4~1..'~-- }~?:?!~~_O~ 119,200 .
- --E~temal Audit Fe~ . : 12 5.500 5,500 0 5,500 .--.----~-_..--...-5~.50(r..
BookkeeDiol!Fees .... ''''''----13h'1.500 976 . 524 1,500" ....--------2~OOO..;
-. --Book Charf!e~' 14' 1-5'0--"-'45'" ....... - '''1'05 ...moo '1'50' 150 :
--oo. g~:~=,~~I~ctti~~:s . q'~:}f-' i:~'g~[".'I~a~' ...:....:hjf.--..}:~~~..--....f --~.i:ggg.l.
LiabiHtvJnsunmce _...._.__.ai ..~.-~.oo.<i~..6~'631 -----.i63i) ------.'.6;6Ji I' ..-----. -S;OOO .
._ _ ._p-r"ped:v.ADoraiser's etc Fees: 192.496~ .___~50~..___u_--...on . ~504!' --. - -..-- "":r,400
Conferences. Meetin2S & :1.9_ _. _' 7,,-OQQ__...;~87.i 4.0 13. .?~~OO_.L __.. __.. S~OOO .
.. . ..Office..S~polies. Eauip... up..i.ZQu l~OO: 272 : 1.228 . 1,500 L mu ..... .t,500
Mailinl! and Posta2e 21 4 000 2,344. 1.656 4,000 ! g~Oo'o
.Offi~ Rentals .. . "... ... .22.. _~.~_.2.~~jj.:--..~2;1.~~Q_ ~ _ ... ______240 ~._:.....:2AQQhL.._ . . 2,640
.. . Sub TQ:talOffice E.xQ~"'~_. .~Jt ..158.9a6~ 123.329. 35.657 ...159..309.__ _.. ___._.........161.390
I)QwntOWJl Mao SDonsoTShiD 31 25.000j'. ....3..QOO:____ 22.000 .25,000..: ._..._ . .._.__.~5..~0~0_. __
.. .....Holidav Tree & 1st Ni1!ht. __. ..32. 20000 20.000' 0 20,000 35,000
- .:--......... - -... . . .r..... .- ..--. ...........~... ~ ......-...--.. .. .
PineaDDle Grove. 34 ! 5.000.. . _ ... 0[. . 5.000 5,000. "._... . __ .....u .____;>,.000. ..
. ...... W.A.R.C. u .. . .... _3.5..(____.S...QQ.Pu... ._2.100J_ ...___2.~QQ ,...;>,9.00 ,. .. ,,'m . ...5iOO..O__.. ._._
. .Misc. J>romos. & Grants *** . 36 ~ 10.000 6.500 3.50Q. .....~ ~~O~.~. i.... ....n.. 10,000
Sub Total Promotional 40.: 65~OOO _.31.60.0___.33.400 . 65.00Q _.__. .__... .90..00.0.
...T.oJaIMar~etinf! EXD..~~.",._._ Al.;-__125.QOO _.10__8.94_1_ ...16.0S3j..__128.490 ... . . 223,~76..
Less Income-Co-oD 42 j . .... .. . (5.009) .. !. . . . (8.0!l.0 ___ ._.. .. (8,660)
,
To~l ~~~~tiDg & P~Dl~!i!'!:l.~?.! j2Q~OQO ~JJS..547 _:...42.453:.'. 185.496 .---...--.-. .~: -':'_~:iOS:970
U_ ... .....
TQtal..Exoenditures 59. ...3.75~4~ __211.276 _. 9~.210: .371.29.~__........ _____._ 4~7.366
Total Cas.h R~serve .. _... 51 ._._..____ __.. .__._____._ .... ..._.. .... ...; 5 ,000 .
Total Reserve Marktn!! 52 26.500 12.400 14.180: ....::~26.sQO'_.___..~... _ '---25))00' . .
T.oial'R~~~~~~Over ro':'d~~)-" 55' '-(8;159 --'lW;21~ .___d._. .; . 2P55 ..... . . . . 2,249 /
.... ..... ..d... ... ......... ......."._"._. L--.... .... ..._______.___.... ..... .
i
Funds Ii/Fwd October'lst ".... - ....- n'l'O,4"44 -10:444'-'
10,444
13~99:
Total Funds carried fwd
2,185 94,717
13,3~9._____...~._.____ ..1..5,648:
.... .... -
_~~*(~~e Analysis attached)
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Date: 7/1012006 10:56 AM
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