Res No. 165-19RESOLUTION NO. 165-19
A RESOLUTION OF TI-IE QTY COMMISSION OF TI-IE QTY
OF DELRAY BEAŒI, TO LEVY A TAX ON ALL
PROPERTIES WITI-IlN TI-IE DOWNTOWN DEVELOPMENT
AUTHORITY TAXING DISTRICT OF TI-IE QTY OF DELRAY
BEAŒI, FLORIDA, FOR MAINTENANCE AND
OPERATION, AND TO APPROPRIA TE SAID COLLECTIONS
TIIEREUNDER
NOW, THEREFORE, BE IT RESOL VED BY THE CITY COMMISSION
OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
Section l. That a tax of $1.0000 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 Ciry of Delray Beach for the fiscal year commencing October 1, 2019, and
ending September 30, 2020. 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 $1,158,537,691. The operating millage rate of $1.000 per one thousand dollars
($1,000.00) is more than the rolled-back rate of $0.9491 per one thousand dollars ($1,000.00) by
5.36%.
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 budget on September 5, 2019 and
September 17, 2019.
PASSED AND ADOPTED in regular session on this the 1 er, 2019.
Katerri Johnson,
L~ ttomey
APPROVED AS TO FORM AND
LEGAL SUFFIOENCY.
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