Res. No. 174-24RESOLUTION NO.174-24
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH,FLORIDA.CERTIFYING TO THE PROPERTY
APPRAISER AND TAX COLLECTOR OF PALM BEACH COUNTY,
THE FINAL RA TE OF MILLAGE TO BE LEVIED BY THE CITY OF
DELRAY BEACH WITHIN THE DOWNTOWN DEVELOPMENT
AUTHORITY TAXING DISTRICT FOR THE FISCAL YEAR
BEGINNING OCTOBER 1,2024;EST ABLIS HING THE
DOWNTOWN DEVELOPMENT AUTHORITY TAXING DISTRICT
FINAL OPERA TING MILLAGE AT 1.0000,PROVIDING FOR AN
EFFECTIVE DATE;AND FOR OTHER PURPOSES.
WHE REAS,the City Comm ission of the City of Delray Beach is required to hold two public
hearings on its estimates of the necessary and ordinary expenses and all extraordinary and
special expenditur es contemplated for the fiscal year beginning on October 1,2024 and ending
September 30,2025;and
WHEREAS,the City Commission has performed the appropriate review to adopt the final
millage rate necessary to raise the revenue for the various purposes set forth in said final estimate as now
adopted;and
WH EREAS,the gross taxable value for operating purposes not exempt from taxation within the
Down town Development Authority Taxing District has been certified by the Palm Beach County
Property Appraiser to the City of Delray Beach as$1,932,275,387.
NOW,THERE FORE ,BE IT RE SOL VE D BY THE CITY COMMISSION OF THE CITY OF
DELRA Y BEACH,FLORID A,AS FOLLOWS:
Section 1.The final rate of millage to be levied for the fiscal year beginning October 1,
2024 and ending September 30,2025,and the adequate millage be and the same is hereby declared to be
as follows,to wit:
To be applied to the net tax roll after deductions of homesteads within the Downtown
Development Authority Taxing District:
For Operating Purposes 1.0000 mill
The final operating millage levy for the Down town Development Authority Taxing
District of 1.0000 mills contributes to a millage rate that is 7.15 percent higher than the rolled-back
rate of 0.9333.
Section 2.The aforementioned final rate of millage be and the same is hereby certified to the
Property Appraiser and the Tax Collector of Palm Beach County,Florida,as the final millage rate to be
levied for all purposes and uses of the Downtown Development Authority Taxing District for the
fiscal year beginning October 1,2024 and ending September 30,2025.
Section 3.The above final millage rate is adopted pursuant to Florida Statutes,Section
200.065(2)(c),and subject to adjustment during City's second public hearing pursuant to Florida
Statutes,Section 200.065(2)(d)or in accordance with Florida Statutes,Section 200.065(6),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(I),Florida Statutes,is at variance by more
than three percent (3%)with taxable value shown on the assessment roll to be extended.
Section 4.The first public hearing was held on the proposed budget on September 3,2024.
Section 5.This Resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED upon reading by title only in regular session on this the 16"day of
September 2024.
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