Res 53-07
RESOLUTION NO. 53-07
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF DELRAY BEACH, TO LEVY A TAX ON ALL
PROPERTIES WITHIN THE CITY OF DELRAY BEACH,
FLORIDA, FOR MAINTENANCE AND OPERATION, AND
TO LEVY A TAX FOR THE PAYMENT OF PRINCIPAL AND
INTEREST ON BONDED INDEBTEDNESS, AND TO
ALLOCATE AND 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 $6.1449 per one thousand dollars ($1,000.00) of assessed
valuation is hereby levied on all taxable property within the City of Delray Beach for the fiscal year
commencing October 1, 2007, and ending September 30, 2008. There shall be and hereby is
appropriated for the General Fund operations of the City revenue derived from said tax for
operating and maintenance expenses of the General Fund, and also in addition, all revenues derived
by said City 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 City of Delray Beach is
$8,714,375,264. The operating millage rate of $6.1449 per one thousand dollars ($1,000.00) is less
than the rolled-back rate of $6.7527 per one thousand dollars ($1,000.00) by 9.156%.
"on 2 That the amount of money necessary to be raised for interest charges
and bond redemption which constitutes a general obligation bonded indebtedness of the City of
Delray Beach is $3,588,420. There is hereby appropriated for the payment thereof, all revenues
derived from the tax levy of $0.4334 per one thousand dollars ($1,000.00) of assessed valuation,
which is hereby levied for that purpose for the fiscal year commencing October 1, 2007, and ending
September 30, 2008, upon the taxable property of the City of Delray Beach, the assessed valuation
being $8,715,481,763.
Section 3. That the above millage rates are adopted subject to adjustment in
accordance with Section 200.065(5) of the Florida Statutes which provides that a municipality 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 one percent (1°-'~) with the
taxable value shown on the assessment roll to be extended.
/~ ~
Section 4• That public hearings were held on the budget on September 4, 2~7 and
September 18, 2007.
PASSED AND ADOPTED in regular session on this the 18~' day of September,
2007.
~~ ~~
MAYOR
ATTEST:
City Clerk
RES. N0.53-07
CITE OF DELRA~ BEACH
DELRAYBEACH ~t~v ~~~
i !u,~ t~i.'dv. „~,~ ~1L;E~JUc r~_R~Y BFn~H- Fw~EDA 33A=~4 ~ 5611243-7CC0
All-America City
1993 CERTIFICATION
zoos
I, CHEVELLE D. NUBIN, City Clerk of the City of Delray Beach, do
hereby certify that the attached document is a true and correct copy of
Resolution No. 53-07, as the same was passed and adopted by the Delray
Beach City Commission in regular session on the 18th day of September,
2007.
IN WITNESS WHEREOF, I have hereunto set my hand and the
official seal of the City of Delray Beach, Florida, on this the 19th day of
September, 2007.
.:<, ~ ~ Chevelle D. Nubin
w ~ '" ~' ~~ City Clerk
City of Delray Beach, Florida
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CERTIFICATION OF TAXABLE VALUE
SECTION I Year 2007
~untY Palm Beach
Principal Authority Delray Beach Taxing Authority:
(1) Current Year Taxable Value of Real Property for Operating Purposes
(2) Current Yeaz Taxable Value of Personal Property for Operating Puryoses
(3) Current Year Taxable Value of Centralty Assessed Property for Operating Purposes
(4) Current Year Gross Taxable Value for Operating Purposes (1) + (2) + (3) _ (4)
(5) Curren) Year Net New Taxable Value
(New ConsUudion + Additions + Rehabilitative Improvements Increasing Assessed Value ey At
least 100% +Annexations + Total Tangible Personal Properly Taxable Value !n Excess of 115%
of the Previous Years Total Tangible Personal Property Taxable Value -Deletions)
(8) Current Year Adjusted Taxable Value (4) - (5)
Q) Prior Year FINAL Gross Taxable Value (From Prior Year Applicable Fonn DR-403 Series}
(8) Enter number of Tax Increment Value Worksheets (DR-420TIF) attached (If none, enter 0)
do hereby certify the values shown herein to be correct to the best of my knowledge and belie
at West Palm Beach ,Florida, this the 29th_ day t
FOR DOR USE ONLY OR-420
City. R. 06107
TA
Levy:
Delray Beach -Debt Service
$ 8,414,368,652 (1)
$ 298,835,390 (2)
$ 2,277,721 (3)
$ 8,715,481,763 (a)
3 147,168,149 (s)
$ 8,568,313,614 (s)
S 8,363,640,539 (7)
hand and o id tgnature
J .2007 (Month, and Year).
........... ...._.....-.,-~.-,,.....w,.....xsir•s:'u?s+,+s>..:~~r:.;sS3K.®:+F#iY`~tx7$t: :S:fh ~,:.~~.b Kal' F~`-..°..; ~.:,, ._..
SECTION II Taxing Authority: n tuts portion or ena form 1s not completed In FULL your Auhority wit) be denied TRIM certiflcadon and possibly lose Its millage levy
privlloge for the tax year. H any Ilns is Inapplicable, enter WA or -0-.
(s) Prior Year Operating Millage Levy g see other form Perst,ttoo (s)
(10) Prior Year Ad Vabrem Proceeds m x (g) S _ _ DES o th P r f O ~ (1 p)
(11) Amount, if any, paid or applied in prior year as a consequesnce of an obligation measured by a
dedicated Irrrxement value: Sum of either line (3)c or (4)a for all DR-42071E forms y ~ ' rr rr
(12) Adjusted Prior Year Ad Valorem Proceeds (10) - (11)
(13) Dedicated Increment Value, ff any: Sum of either line (3)b or (4)e for all DR-42071E forms
(14)Adjusted Current Year Taxable Value (8) - (13)
(15) Current Year Rolled-Bade Rate (12) divided by (14)
(1 B) Current Year Proposed Operating Millage Rate
(11)
i n u n
(12)
$ n u n
(13)
S a rr n
(14)
3 rr n n
per 51,000 (15)
rr u n
(17) Check TYPE of Princpal Authority (check one) ~Couniy Independent Sp. Dist
®MuniciDalHY aWaterMan. District
(18) Check Applicable Taxing Authority (check one) Principal Authority ~Oep. Spec Dist. ^MSTU
(1g) Is millage levied in more than one county? (check one) Yes aX No
,..
perS1,0o0 (16)
(20) Current Millage Levy for Voted Debt Service y .4334 , ~` persl.ooo (20>
(21) Current Millage Levy for Other Voted Millage -
S 0 St,000 21
.. 7 IC ' ND A~1S1"Us ~ ~irtes"x{22);-'{28) t'~," r ~- : - ., -,-~-~ ~,- t }
,., ,.`-
(22) Enter the Total Adjusted Prior Year Ad Valorem Proceeds of ALL Dependent Special Districts 3 _ n / a (22)
and MSTUs levying a millage. (The sum of line (12) from each District's and MSTU's Form DR-420)
(23) Total Adjusted Prior Year Ad Valorem Proceeds (12) + (22) 3 n / a
(24) Current Year Aggregate Rolled-Back Rate: (23) divided by (14)
(25) Current Year Aggregate Rolled-Back Taxes (4) x (24)
(26) Enter Total of aH non-voted Ad Valorem Taxes proposed to be levied by the Prindpal Taxing
Authority, all Dependent Districts, and MSTUs if any. Sum of line (16) x line (4) from all Form
DR-420s
(27) Current Year Proposed Aggregate Millage Rate: (26) divided by (4)
(28) Current Year Proposed Rate as a Percent Change of Rolled-ead< Rate:
[(Une 27 divided b li 24 1 0
(23) .
S ri/a perSt,o00 (24)
$ n/a (25)
a n/a (2s>
$ n /a per si,oo0 (27)
y ne ) - . o) x 10o n / a °i, (28)
Date, Time and Place of the First Public Budget Hearing: September 4, 200], 7:00 p::m., City Commission
Chambers, Delray Beach;Cty Hall, 100 NW 1st Avenue, Delray Beach, FL
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 200.185 and 200.071 or 200.081, F.S. WITNESS my hand and oifidal signature at
De ray each ,Florida, this the 1St day of AuguS t , 200 ] (Month, and Year)
~- David T. Harden__
t same
Signature and Title of Chief A ' " ~Te Address d Physical Location
100 NW 1st Avenue Joseph M. Safford, Director. of Finance
Delray Beach, ~~l"'+e~14 561-243-711~'ameofcontaGPersor}61-243-7166
City Stale Zip Phone # fax #
SEE INSTRUCTIONS ON REVERSE SIDE
CERTIFICATION OF TAXABLE VALUE
SECTION I Year 2007
County Palm Beach
Principal Authority Delray Beach Taxing Authority:
(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 Centralty Assessed Properly for Operating Purposes
(4) Current Year Gross Taxable Value for Operating Purposes (1) + (2) + (3) _ (4)
(5) Current Year Net New Taxable Value
(New Construction + Additions + Rehabilitative Improvements Increasing Assessed Value By At
Least 100% + Annexations + Total Tangible Personal Property Taxable Value In Excess of 115%
of the Previous Year's Total Tangible Personal Property Taxable Value -Deletions)
(8) Current Year Adjusted Taxable Value (4) - (5)
(7) Prior Yeaz FINAL Gross Taxable Value (From Prior Year Applicable Form OR-403 Series}
FOR DOR USE ONLY ` DR~d20 ~Y~
cny: R. osro7
TA
~~
Delray Beach
a 8,413,262,153 (1)
a 298,835,390 (2)
3 2,277,721 (3)
$ 8,714,375,264 (a)
S 147,168,149 (5)
a 8,567,207,115 (s)
a 8,362,590,396 (7)
(8) Eller number of Tax Increment Value Worksheets (DR-420TIF) attached (If none, enter 0) t
I do tteneby certify the values shown herein to be corned to the best of my knowledge and belief. ss hand and o ignature
at Wnt Palm beach ,Florida, this the 29th day of Jon 007 ~ (Month, and Year).
of Property aiser
SECTION II Taxing Authority: H Mrs portion a the form is not completed in FULL your Authority will be denied TRlat certification and possibly lose its minage Isvy
privilege for Ma tax year. H any Tine Is inapplicable, enter WA or A~
(9) Prior Year Operating Millage Levy 3 6 ~ $600 per it,ooo (9)
(10) Prior Year Ad Valorem Proceeds (7) x (9) g -
~
7
~ ~ 7
H 7 B (10)
.
~
-~-
T
(11)Amount, if any, paid or applied in prior year as a consequesnce of an obligation measured by a
g 173 446
dedicated irlrxement value: Sum of either line (3)c or (4)a for all DR-42071E forms S ~ ~
(11)
(12)Ad)usted Prior Year Ad Valorem Proceeds (10) - (11) S (r,Ry t q~ ~ q_(~ (12)
(13j Dedicated Increment Value, if any: Sum of either line (3)b or (4)e for all DR-42071E forms S l ~ 4'~n ~ 1 4 ~ r~9 S (13)
(14) Adjusted Current Year Taxable Value (6) - (13) S 7 , l ~ ~ , n ~ ~ ~ r; ~ n (14)
(15) Current Year Roled-Bads Rate (12) divided by (14) S (~ _ 7 5? 7 par tt,ooo (15)
(16) Current Year Proposed Operating Millage Rate S -fi. 1449 per sl,ooo (18)
(17) Check TYPE of Principal Authority (d,eck one) County ~ Independent Sp. Dist.
~Munidpality ~WaterMan. District
(18) Check Applicable Taxing Authority (check one) aPrindpal Authority Dep. Spec Dist. ~MSTU
(19) Is rNllage Levied in more than one county? (check one) ^Yes aNo
(20)CurrentMillageLevyforvotedDebtservice SSee other form ~s~,000 (20)
(21)CumentMdlttgeLevyforOtherVotedMillage ssee other form aerst,ooo (21)
.~.-~~ . '~` . u ,
(22) Enter the Total Adjusted Prior Year Ad Valorem Proceeds of ALL Dependent Spedal Districts y S 7 5 , 4 71 (~)
and MSTUs levying a millage. (The sum of Line (12) from each OistricCs and MSTU's Form DR-420)
(23) Total Ad)usted Prior Year Ad Valorem Proceeds (12) + (22) s 48 , 7 6 9 , 3 9 6 (23)
(24) Current Year Aggregate Rolled-Back Rate: (23) divided by (14) 3 r, _ R 3 33 per st.ooo (24>
(25) Current Year Aggregate Rolled-Back Taxes (4) x (24) 3 S 9.5 4 7 , 9 81 (25)
(~) Enter Total of all non-voted Ad Valorem Taxes proposed to be levied by the Princpal Taxing
all Dependent Districts, and MSTUs if any. Sum of line (16) x line (4) from air Form
~ 4
095
7 2 7
DR
,
,
s
S (26)
(27) Current Year Proposed Aggregate Millage Rate: (26) divided by (4) b 6.2 0 7 6 per S1 000 (27)
(28) Current Year Proposed Rate as a Percent Change of Rolled-Bad< Rate:
[(Lme 27 divided by line 24) - 1.00) x 100 -9.1 S 6 °i° (za)
Date, Time and Place of the First Public Budget Hearing: September 4 2007, 7.On ~° ('it3r ('nmmi~~i,,.,
Chambers, Delray Beach City Hall, 100 NW 1st Avenue, Delrav Beach, FL
do hereby certrfy the miliages and rates shown herein to be cwrrect to the best of my knowledge and belief, FURTHER, I certify that
all miliages comply with the provisions of Section 200.185 and 200.071 or 200.081, F.S. WITNESS my hand and otfidal signature at
De a each ,Florida, this the 1st day or August . 2007 lMontn, and Year)
~- David T. Harden same
Signature and Title of Chief Adm 3r ~ age r Address of Physical Location
100 NW 1st Avenue q~rq Joseph M. Safford, Director of Finance
Delray Beach, ~i1~.334s~4 Name ofContadPerson
S61 243 7116 561 243 7166
City State Zgr Pfwne / Eau rr
SEE INSTRUCTIONS ON REVERSE SIDE
MEMORANDUM
TO: MAYOR AND CITY COMMISSIONERS
FROM: CITY MANAGER
DATE: SEPTEMBER 14, 2007
SUBJECT: AGENDA ITEM # ~ ~'~ -REGULAR MEETING OF SEPTEMBER 18.2007
RESOLUTION N0.53-07 (MILEAGE LEVY FOR FY 20081
ITEM BEFORE COMMISSION
Resolution No. 53-071evies a tax on all properties in the City of Delray Beach for FY 2008.
6.14 mills for operation and maintenance of the General Fund
0.43 mills for the payment of principal and interest on bonded indebtedness
6.57 mills = millage rate
BACKGROUND
The rate of 6.5783 mills is less than FY 2007. Operating millage is 6.14, while debt service millage
remains at 0.43. The rolled back rate calculated under the TRIM law for operating purposes is 6.7527
mills. The millage rate is 9.156% less than the rolled back rate.
The assessed valuation on all taxable property within the City for operating purposes is $8,714,375,264.
The assessed valuation for debt service is $8,715,481,763. The reason for the differential is the
exemptions that were granted to historic properties in the City. They apply to operating millage only.
Pursuant to the City Charter and TRIM requirements, a public hearing must be held prior to the
adoption of the resolution. On September 4, 2007, Commission approved a resolution tentatively
levying the millage rate at 6.57 mills.
FUNDING SOURCE
N/A
RECOMMENDATION
Recommend approval of Resolution No. 53-07.
S:\City Clerk\AGENDA COVER MEMOS\Resolution Agenda Memos\Res 53-07 Millage Levy FY 2008 091807.doc
RESOLUTION NO. 53-07
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF DELRAY BEACH, TO LEVY A TAX ON ALL
PROPERTIES WITHIN THE CITY OF DELRAY BEACH,
FLORIDA, FOR MAINTENANCE AND OPERATION, AND
TO LEVY A TAX FOR THE PAYMENT OF PRINCIPAL AND
INTEREST ON BONDED INDEBTEDNESS, AND TO
ALLOCATE AND APPROPRIATE SAID COLLECTIONS
THEREUNDER.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION
OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS:
tion 1. That a tax of $6.1449 per one thousand dollars ($1,000.00) of assessed
valuation is hereby levied on all taxable property within the City of Dekay Beach for the fiscal year
commencing October 1, 2007, and ending September 30, 2008. There shall be and hereby is
appropriated for the General Fund operations of the City revenue derived from said tax for
operating and maintenance expenses of the General Fund, and also in addition, all revenues derived
by said City 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 City of Delray Beach is
$8,714,375,264. The operating millage rate of $6.1449 per one thousand dollars ($1,000.00) is less
than the rolled-back rate of $6.7527 per one thousand dollars ($1,000.00) by 9.156%.
Section 2. That the amount of money necessary to be raised for interest charges
and bond redemption which constitutes a general obligation bonded indebtedness of the City of
Delray Beach is $3,588,420. There is hereby appropriated for the payment thereof, all revenues
derived from the tax levy of $0.4334 per one thousand dollars ($1,000.00) of assessed valuation,
which is hereby levied for that purpose for the fiscal year commencing October 1, 2007, and ending
September 30, 2008, upon the taxable property of the City of Delray Beach, the assessed valuation
being $8,715,481,763.
Section 3. That the above millage rates are adopted subject to adjustment in
accordance with Section 200.065(5) of the Florida Statutes which provides that a municipality 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 one percent (1 °io) with the
taxable value shown on the assessment roll to be extended.
Sectio 4n That public hearings were held on the budget on September 4, 2007 and
September 18, 2007.
PASSED AND ADOPTED in regular session on this the 18s' day of September,
2007.
MAYOR
ATTEST:
City Clerk
2 RES. NO. 53-07
CERTIFICATION OF TAXABLE VALUE
SECTION I Year 2007
County Palm Beach
Principal Authority Delray Beach Taxing Authority:
(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 Property for Operating Purposes
(4) Current Year Gross Taxable Value for Operating Purposes (1) + (2) + (3) _ (4)
(5) Current Year Net New Taxable Value
FOR DOR USE ONLY pR~20
City: R. 06!07
TA:
Levy:
Delray Beach -Debt Service
$ 8,414,368,652 (1)
$ 298,835,390 (2)
$ 2,277,721 (3)
$ 8,715,481,763 (a)
(New Construction + Additions + Rehabilitative Improvements Increasing Assessed Value By At
Least 100% + Annexations + Total Tangible Personal Property Taxable Value In Excess of 115%
of the Previous Years Total Tangible Personal Property Taxable Value -Deletions)
$ 147,168,149 (5)
(6) Current Year Adjusted Taxable Value (4) - (5} $ 8,568,313,614 (6)
(7) Prior Year FINAL Gross Taxable Value (From Prior Year Applicable Fonn DR-403 Series) $ 8,363,640,539 (7)
(8) Enter number of Tax Increment Value Worksheets (DR-420TIF) attached (If none, enter 0) 0
do hereby certify the values shown herein to be correct to the best of my knowledge and belief. mess y hand and o iCl ignature
at West Palm Beach ,Florida, this the 29th day J 2007 (Month, and Year).
S' lure of Property Appraiser
s - ~ - . ;:
; ,~ ,-,
~
- elf ;
SECTION II Taxing Authority: H this pordon of the form is not completed in FULL your Authority will be dented TRYM certificatio
n and possibly lose Its millage levy
privilege for the tax year. If any line is inapplicable, enter WA or -e-.
(s) Prior Year Operating Millage Levy g see other form -
Par 51,000 (9)
(10) Prior Year Ad Vaorem Proceeds x 9
~~ () $ ~
>~~ other form (to)
.
(11) Amount, if any, paid or applied in prior year as a consequesnce of an obligation measured by a
dedicated increment value: Sum Of either line (3)c or (4)a for all DR-42071E forms $ u ' rr n (11)
(12) Adjusted Prior Year Ad Valorem Proceeds (10) - (11) $ rr rr rt (t2)
(13) Dedicated Increment Value, ft any: Sum of either line (3)b or (4)e for all DR-42071E forms $ rr rr n (13)
(14)Adjusted Current Year Taxable Value (6) - (13) $ rr rr rr (14)
(1b) Current Year Rolled-Back Rate (12) divided by (14} $ rt rr tr per 51,000 (15)
(16) Current Year Proposed Operating Millage Rate $ re rr rr
per 51,000 (16)
(17) Check TYPE of Principal Authority (check one) County Independent Sp. Dis4
~MunicipaGty ^Water Man. District
(18) Check Applicale Taxing Authority (check one) ~Prirtcipal Authority Dep. Spec Dist. ~MSTU
{19) Is mfllage levied in more than one county? (check one) Yes ^X No
(20) Current Milia a Levy for Vo ; x `_ x ~, . . ; ~ ~.+sr . ,,, ..r : . -, . ,; ,, , - t ::~ . , -
g ted Debt service $ 4334 ~ ~ ,.
~-
oo ~
oa
varsl,o
(2
(21 J Curr
e
nt Millage Levy for Other Voted Millage - $ per i,,ooo 12 i }
i
r
. ( )
(22) Enter the Total Adjusted Prior Year Ad Valorem Proceeds of ALL Dependent Special Districts $ ri ~ a (22)
and MSTUs Levying a millage. (The sum of Line (12) from each DisVict's and MSTU's Form DR-420)
(23) Total Adjusted Prior Year Ad Valorem Proceeds (12) + (22) $ n /a
(24) Current Year Aggregate Rolled-Back Rate: {23) divided by (14)
(25) Current Year Aggregate Rolled-Back Taxes (4) x (24)
(26) Enter Total of all non-voted Ad Valorem Taxes proposed to be levied by the Principal Taxing
Authority, all Dependent Districts, and MSTUs if any. Sum of line (16) x !iris (4) from all Fonn
DR-420s
(27) Current Year Proposed Aggregate Millage Rate: (26) divided by (4)
(28) Current Year Proposed Rate as a Percent Change of Rolled-Badt Rate:
(23).
$ n/a - per 31.000 (24)
$ n/a (25)
$ n/a (zs)
$ n / a Der 51,000 (27)
[(Line 27 divided by line 24) - 1.OOj x 100 n/a °70 (28)
Date, Time and Place of the First Public Budget Hearing: September 4, 200], ]:00 p~m., City Commission
Chambers, Delray Beach,Cit.y Hall, 100 NW 1st Avenue, Delray Beach, FL
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 200.185 and 200.071 or 200.081, F.S. WITNESS my hand and official signature at
De ray each ,Florida, this the 1St day of August, 200] (Month, and Year)
`~ ~' David T. Hardena:
same
Signature and Title of Chief A e Address of Physical Location
100 NW 1st AvenueJ~Qgr,a Joseph M. Safford, Director. of Finance
Delray Beach, ~~,I~g3S4e4s4 ameorContadPer
561-243-711' X61-243-7166
City state Zip
Fax #
r•none >F
SEE INSTRUCTIONS ON REVERSE SIDE
CERTIFICATION OF TAXABLE VALUE
SECTION I Year 2007
County Palm Beach
Prinapal Authority Delray Beach Taxing Authority:
(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 Property for Operating Purposes
(4) Current Year Gross Taxable Value for Operating Purposes (1) + (2) + (3) _ (4)
(5) Current Year Net New Taxable Value
(New Construction + Additions + Rehabilitative Improvements Increasing Assessed Value By At
Least 10D% + Annexations + Total Tangible Personal Property Taxable Value In Excess of 115%
of the Previous Year's Total Tangible Personal Property Taxable Value -Deletions)
(6) Current Year Adjusted Taxable Value (4) - (5)
m Prior Year FINAL Gross Taxable Value (From Prior Year Applicable Form DR-403 Series)
~~
°-
~~
FOR DOR USE ONLY DR-420
c;ty; R. 06107
TA:
Levy
Delray Beach
s 8,413,262,153 (1)
s 298,835,390 (2)
3 2,277,721 (3)
3 8,714,375,264 (a)
S 147,168,149 (5)
S 8,567,207,115 (s}
a 8,362,590,396 (7}
(8) Enter number of Tax Increment Value Worksheets (DR-420TIF) attached (If none, enter O) 1
I do hereby certify the values shown herein to be correct to the best of my knowledge and belief. ass hand and offi ' ignature
at West Palm Beach ,Florida, this the 29th day of Jon 007 (Month, and Yedrj.
;~ ,_, r+' ... Wna re of Property iser ~
SECTION II Taxing Authority: H this portion of the form is not completed M FULL your Authority wilt be denied TRIM certiflcaaon and possibly lose its minage bvy
privilege for the tax year. N any IMe is Inapplicable, enter N!A or -e-.
(9) Prior Year Operating Mitlage Levy y 6:8600 v~ z1,~ (g)
(10) Prior Year Ad Valorem Proceeds (D x (9) S ~7T~b 7-r~~ ~ (io)
(11) Amount, ff any, paid or applied in prior year as a consequesnce of an obligatlon measured by a 9 , 173 446
dedicated irKxement value: Sum of either line (3)c or (4)a for all DR-420TiF forms 3 ~ (11)
(12) Adjusted Prior Year Ad Valorem Proceeds (10) - (11) S ~R, ~ g 3 , g 21~ (12)
(13) Dedicated Ir-cxement Value, if any: Sum of either line (3)b or (4)e for all DR-420TIF forms S 1 ~ /, qn r 7 ~f~ q5 (13)
(14) Adjusted Current Year Taxable Value (6) - (13) 3 7 e f q 7 Tn, (, r ~, 9 n (14)
(15) Current Year Rolled-Back Rate (12) divided by (14) S ~ _ 7 5 7 7 per Si,ooo (15)
(18) Curreni Year Proposed Operating Mitlage Rate $ 6.1444 per St,000 (16)
(17) Check TYPE of Prinapal Authority (check one) County Independent Sp. Dist.
Municipality ~WaterMan. District
(18) Chedr Applicable Taxing Auttority (check one) ~ Prinapal Authority Dep. Spec Dist. ~MSTU
(19) Is mUlage levied in more than one county? (check one) flYes aNo
(20) Current Mitlage Levy for Voted Debt Service S 8 e e other form P~ s,.ooo (zo>
(21) Current Malaga Levy for Other Voted Mitlage i see other form Fir s~,ooo (21)
(22) Enter the Total Adjusted Prior Year Ad Valorem Proceeds of ALL Dependent Special Districts g 5 7 S , 4 7 l (22)
and MSTUs levying a millage. (The sum of line (12) from each District's and MSTU's Form DR-420)
(23) Total Adjusted Prior Year Ad Valorem Proceeds (12) + (22) 3 48, 769 , 39 6 (23)
(24) Current Year Aggregate Roiled-Back Rate: (23) divided by (14)
(25) Current Year Aggregate Rolled-Back Taxes (4) x (24)
(261 Enter Total of all non-voted Ad Valorem Taxes proposed to be levied by the Principal Taxing
Authority, all Dependent Districts, and MSTUs ff any. Sum of line (16) x line (4) from all Form
DR-420s
(27) Current Year Proposed Aggregate Mitlage Rate: (26) divided by (4)
(28) Current Year Proposed Rate as a Percent Change of Rolled-back Rate:
a 6 _ R 3,3 ~ Per s,,ooo (z4)
3 59.547,981 (25)
54,095,727
6.2076
(26)
per 51,000 (27)
[(Erne 27 divided by line 24) - 1.00) x 100 -9.156 % (28)
Date, Time and Place of the First Public Budget Hearing: September 4 . 2007 , 7.00 ~..m _ , ('.i iv Cnmmi ac i nn
Chambers, Delray Beach City Hall, 100 NW 1st Avenue, Delrav Beach, FL
I do hereby certify the miliages and rates shown herein to be correct to the best of my knowledge and belief, FURTHER, I certify that
all miliages comply with the provisions of Section 200.185 and 200.071 or 200.081, F.S. WITNESS my hand and official signature at
De a each ,Florida, this the 1St day of August . 2007 (Month, and Year)
~- David T. Harden same
Signahue and Title of chief Adm ~ age r Address of Physical Location
100 NW 1st Avenue /~rq Joseph M. Safford, Director of Finance
Delray Beach, ~~1~ 33~is~4 Name orContad Person
561 243 7116 561 243 7166
Ciy State Zip Phone # Fax #
SEE INSTRUCTIONS ON REVERSE SIDE