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Res 63-03RESOLUTION NO. 63-03 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, TO 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 levied on all taxable property within the Downtown Development Authotity Taxing District of the City of Dekay Beach for the fiscal year commencing October 1, 2003, and ending September 30, 2004. 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 $220,814,501. The operating millage rate of $1.00 per one thousand dollars ($1,000.00) exceeds the rolled-back rate of $0.8697 per one thousand dollars ($1,000.00) by 14.98%. 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 dis~cts, 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 proposed budget on September 9, 2003, and September 23, 2003. 2003. ATI'PSST: PASSED AND ADOPTED in regnhr session on this the 234 day of September, City Clerk 2 RES. NO. 63-03 £1TV I)F I)ELIilIV DELRAY BEACH ~ll-Ameftca City 1993 2001 CITY CLERK 100 N.W. 1st AVENUE DELRAY BEACH, FLORIDA 33444 561/243-7000 CERTIFICATION I, BARBARA GARITO, City Clerk of the City of Delray Beach, do hereby certify that the attached document is a true and correct copy of Resolution No. 63-03, as the same was passed and adopted by the Delray Beach City Commission in regular session on the 23rd of September, 2003. IN WITNESS WHEREOF, I have hereunto set my hand and the official seal of the City of Delray Beach, Florida, on this the 24th day of September, 2003. Barbara Garito, CMC City Clerk City of Delray Beach, Florida (SEAL) THE EFFORT ALWAYS MATTERS ~ Printedon RecyciedPaper MEMORANDUM TO: FROM: SUBJECT: DATE: MAYOR AND CITY COMMISSIONERS CITY MANAGER ~ AGENDA ITEM # 10J~>. REGULAR MEETING OF SEPTEMBER 2~. 2003 RESOLUTION NO. 63-03 CMII.I.&GE LEVY IN THE DDA TAXING DISTRICT) SEPTEMBER 19, 2003 Resolution No. 63-03 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 2004. This millage exceeds the 0.8697 rolled back rate calculated under the TRIM law by 14.98 %. A copy of the DDA's Certification of Taxable Value is attached, along with a copy of the DDA budget for FY 2004. On September 9, 2003 Commission approved a resolution tentatively levying the millage rate at 1.00 mills, there has been no change. Recommend approval of Resolution No. 63-03. S:\City Clerk\agenda memos \Res.63-03.Millage Levy. DDA.I~T 2004 RESOLUTION NO. 63-03 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, TO 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 DEL1LAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That a tax of $1.00 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 City of Delray Beach for the fiscal year commencing October 1, 2003, and ending September 30, 2004. There shall be and hereby is appropriated for the purpose of fmanc'mg 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 $220,814,501. The operating millage rate of $1.00 per one thousand dollars ($1,000.00) exceeds the rolled-back rate of $0.8697 per one thousand dollars ($1,000.00) by 14.98%. 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 proposed budget on September 9, 2003, and September 23, 2003. 2003. PASSED AND ADOPTED in regular session on this the 23~ day of September, ATTEST: MAYOR City Clerk 2 RES. NO. 63-03 · SECTION I · ' 2003 PALM BEACH (1) Current Year Taxable Value of Real Property fOr Operating Purposes (2) Current Year Taxable Value of Personal ProPerty for Operating Pu~p0ses ': : ~ i~ *.~ ' $ ,.- (3) Current Year Taxable Value of Centrally Assessed for Oporating Purposes (4) Current Year Gross Taxable Value for Operating Purposes (1) + (2) ~- {3) $ CERTIFICATE OF TAXABLE VALUE .Year County To Delra¥ Beach - D.D.A. (Name of Taxing Authodty) 220~814,50t 0 (5) Current Year Net New Taxable Value (New Constm.cfl. on + Additions + Rehabilitative : $' Improvements Increasing Assessed Value By.~t L~S{ :100~/~ + ~nnex~ti0ns - Delefi~i .... (6) current Year Adjusted T .a.a.a.a~ble Value (4) - (5) $ (7) Prior Year Final Gross Taxable Value (From Prior Year Applicable Form DR..403 Series) · I do hereby certify the values shown herein to be correct to the best of m signature at West Palm Beash, FI. DR.420 R.01/95 0 , 220,814,50t 3,904,422 216,910.079 188,640,639 e and belief: Witness my hand and official 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-. SEC'FlOR II (8) Prior Year Operating Millage Levy (9) Prior Year Ad Valorem Proceeds (7)x (8) (10) Current Year Rolled-BackRate (9) / (6) (11) Current Year Proposed Operating Millage Rate $ 1.0000 188,641 0.8697 $ 1.0000 - Per $1,000 Per $1,000 Per $1,000 )[12) Check one (1) TYPE of Taxing Authority i ~ County ~ Municipality ~ Independent ~ Dependent -'~ Municipal Service ~ Multi-CoUnty Spatial District District Taxing Unit r--'-] watar Management Dis~ct (13) IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE. (14) Current Year Millage Levy for VOTED DEBT SERVICE $ -0- Per $1,000 (15) current Year ,-HERV- EDMIL -GE $ -0- Per Sl.000 I DEPENDENT SPECIAL DISTRICTS SKIP lines (16) through (22)~ (16) Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENT Special Dis~cts $ n/a & MSTU's levying a millage. (The sum of Line (9) from each District's Form DR-420) (17) Total Prior Year Proceeds: (9) + (16) $ n/a (18) The Current Year Aggregate Rolled-back Rate: (17)/(6) $ n/a ParS1,000 (19) Current Year Aggragate Rolled-back Taxes: (4)x(18) $ (20) Enter Total of all non-voted Ad Valorem Taxes proposed to be levied by the Principal ~; a/a Taxing Authority, all Dependent Disfl'icts, & MSTU's If any. Une (11 ) x Line (4) (21) Current Year Proposed Aggregate Millage Rate: (20) / (4) $ ' u/a Per $1,000 (22) Current Year Proposed Rate as a PERCENT CHANGE OF Rolled-back Rate: n/a % [(Line 21 I Une 18) - 1.00] x 100 Date, TlmeandPlacaofthefiretPubllcBudgetHeadng: Seote~ber 9. 2003. 7:00 p.m.. I do hereby certify the mlllages and mtas show~ heroin to be correct to the best of my knowledge and belief. FURTHER. I certify that all mlilages comply wffh the provisions of Section 200.071 or 200.081, F.S. WITNESS my hand and official re at~ Del~v Beach , Flerlda, this the_ 29 th dayof .~,11v ,9nn'~ .,.~,/~._~~ Day.id T. Harden .... City Manager Same SIg~turo and flue of Chief Administrative Officer\ Address of Physical Location 100 I~ 1st Avenue Mailing Address' Joseph M. 5afford, Director of Wtn.n.. Name of Contact Person Delrav Beach. YL 33&44 ~1--gAq--711g qK1_gAg_7~ City State ZJp Phone Number Fa~ Nu-mb~r ...... SEE INSTRUCTIONS ON REVERSE SIDE ~//~WNToWN D?ELOPMENT AUTHORITY INCOME/EXPENDITURE ESTIMATE TO 9/30/03 Plan Actual Actual Budget Under/ I Yr End ! Plan Revenue: 2002/03 June only TO Data ~ 6/30/03 (Over) I Estimate ! 2003/04 Budget ;Ad Valorum Taxes 180,065 690 I 174,215 174,000 (215) I 192,065 I 209,773 Interest (CD's about $5,500) ~ 6,000 261 413 415 2 I 6,000 I 7,000 Ot~er revenue 1,829 0 (1,829) I 1,829 Total Revenue to date 186,068 7t6 176~157 t74~415 (2,042) I .t99,894: ! 2t6,773 I I Downtown Joint Venture 60,000 47,500 45,000 (2,500) I 62,500 I I 60,000 Special Projects Assistant 31,700 23,775 23,775 0 I 32,700 ! 31,700 Office Expenses: I I Equipment & Supply 1,500 56 315 310 (5) I 1,500 ! 1,500 Printing & Postages 1,850 1,215 1,350 135 · I 1,850 ! 2,000 Rental 2,,400 2,400 2,400 0 I 2,4001 I 2,400 Bank Charges 150 8 110 102 ! 160 ! 150 Bookkeeping Fees 800 56 520 600 80 I 800, ! 800 Dues, Subscriptions & Fees 2,000 1,091 1,100 9 I 2,000 ! 1,000 External Auditors' Fees 4,500 4,500 4,500 0 I 4,500 ! 4,500 Insurance 6,335 3,840 4,700 860 I ' 5,120 ! 6,335 Property Appraiser's Charges 1,858 1,391 1,390 (1) I 1,858 ! 1,949 Travel & Meetings 3,000 28 3,891 3,000 (891) I 3,891 I 5,000 Sub-Total Oper. I Office Exps ¶16,693 140 90,446 88,235 (2,211) I 1t9,269 ! 117,334 ! ! Chamber & C100 Dues 775 500 776 775 (1) I 776 I 1,000 :~vwttown Map Sponsorship 17,500 14,530 14,530 0 ! 17,500 ! 17,500 Econ. Develop. Pineapple Grove 5,000 5,000 5,000 0 ! 5~000 i I 5,000 Economic Develop. WARC 5,000 5,000 I 5,000 ! 5,000 Holiday Tree Expenee 15,000 15,000 15,000 0 ! 15,0001 ! 15,000 Promotions & Grants*** 12,000 10,800 10,800 0 ! 12,000 I 10,000 Reserve Marketing: 57,750 42,750 7,507 ! 57,750 ! 60,000 Web Site Development & Exps 2,000 ! ! Travel Host Ma~azine 2,674 12,507 ! ! Film Book Advertising 2,160 I I 1f2 Xmes/FN Promo VIdso I 1,750 ! FL USA 2003 Media Placement 1,800I 9,057 ! I "How to get here" Inserts 4,224 I I First Night & P/Grove Bed Race 3,500 I I Miscellaneous 45 I ! Sub Total Market & Promo. 1t5,026 4,874 i 86~349 88~85~ 7~06 ! 'i13,926 I t13~00 I ! Reserve.Banners ' 15,000 4,000 4,000 '' 0 '! '15,000 I - :5,000 Reserve Clean & Safe 25,000 11,478 11,500 22 ! 25,000 ! 35,000 Reserve Lights 15,000 16,687 15,000 (1,687) I 20,000 ! 15,000 Reserve Sidestmets 0 I 0 I Reserve Sign S~stam 3,000 4,856 3,000 (1,856) I 5,000 ! 3,000 Sub Total Reserve Accounts ~8,000 0 37,02t 33,600 (3,621) I 6~,000 ! 56~000 I I Total ~ness to date 287,t18 6,tt4 213,816 210,690 1,774 ! 287,286 ! 288,834 · ' - ! I Tol Revenue Over/~Under) to d. (10!,053) (4,3~) (37~68) (36,t76) 1,t64 ! (e7~01) ! (72,061) Fund~ brought fwd t0/t/02 t97,47t~ t97~471 187~47t t00~070 TOtal Funda carried fwd 96.418 '~10.112 100.070 28.00) · ** Qmea'Mttct $1,500/ EPOCH $1,000/Garl~ Fist $1.000/ Beskea~ll Tnmnt ~30/Tm_?~_ -_~t $500/Clm~ da Ma~ ~ ,~ 8oul Delr~ $1,000/Film F~.t $1,800/GIo~ Award $1,000/Silter C#fe~ $500/Fed Black Admln $1.000 I