Res 62-98 RESOLUTION NO. 62-98
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH, FLORIDA, 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 Authority Taxing District of
the City of Delray Beach for the fiscal year commencing October 1, 1998,
and ending September 30, 1999. 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
$121,590,024. The operating millage rate of $1.00 per one thousand
dollars ($1,000.00) exceeds the rolled-back rate of $0.85 per one
thousand dollars ($1,000.00) by 17.65%.
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 15, 1998, and September 22, 1998.
PASSED A/gD ADOPTED in regular session on this the 22nd day of
September, 1998. ~/M~ ~~~~O R '~
~ City C~k
MEMORANDUM
TO: MAYOR AND CITY COMMISSIONERS
FROM: CITY MANAGER ~i~
SUBJECT:ACENDA ITEM/0~ ~ RECU~R MEETIN~ Or SEPTEMBER 22, 1998
RESOLUTION NO. 62-98 /MIL~GE LE~ ON ALm PROPERTIES IN
THE DDA TAXING DISTRICT)
DATE: SEPTEMBER 18, 1998
Resolution No. 62-98 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 1999. This millage
exceeds the 0.85 rolled back rate calculated under the TRIM law by
17.65%.
A copy of the DDA's Certification of Taxable Value is attached,
along with a copy of the DDA budget for FY 1999.
Recommend approval of Resolution No. 62-98.
ref:agmemo21
3
CERTIFICATION OF TAXABLE VALUE
SECTION I 95
-] Year
PALM BEACH County TO DELRAY BEACH - D.D.,~.
(Name of Tax'nO Auth~ity)
(1) Current Year Taxable Value of Real Property for Operating Purposes $. 121,590,024
(2) Current Year Taxable Value of Personal Property for Operating Purposes $. 0
(3) Current Year Taxable Value of Centrally Assessed Property for Operating Purposes $. 0
(4) Current Year Gross Taxable Value for Operating Purposes (1) + (2) + (3) $ 121,590,024
1,427,166
(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) $ 120,162.858
(7) Prior Year Final Gross Taxable Value $ 102,420,602
(From Prior Year Applicable Form DR-403 Series)
! do hereby certify the values shown herein to be correct to the best of my knowledgezaffE'b-~ief. Witness m)~hand and official
signature at %TEST PALM BEACH ,Florida, thisthe 1 st__(~_da/yof ('3,g1¥ J/I _ ,1998 .
=============================================================================================: i : i:.: ::i:i ::i::::~:
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 $ ],. 0000 per $1,000
(9) Prior Year Ad Valorem Proceeds (7) x (8) $ 10 2.4 2 l
(10) Current Year Rolled-Back Rate (9) + (6) $ 0. 8524 per $1,000
'""-- (11) Current Year Proposed Operating Millage Rate $11. ocInci per $1,000
(12) Check one (1)TYPE of Taxing Authority:
[----q County ~] Municipality r--'--]lndependent {~---}Dependent ~ Municipal ,Service ~-----'~ Multi-County
' ' Special District ' ' Special District ' ' Taxing Unit
(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 OTHER VOTED MILLAGE $ -0- per $1,000
"' L DEPENDENT SPECIAL DISTRICTS SKIP lines (16) through (22)
(16) Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENT Special Districts $ n/
~ & MSTU's levying a millage. (The sum of Line (9) from each District's Form DR-420)
(17) Total PriorYear Proceeds: (9) + (16) $ n/a
(18) The Current Year Aggregate Rolled-back Rate: (17) + (6) $ n/a per $1,000
(19) Current Year Aggregate Rolled-back Taxes: (4) x (18) $ n/a
(20) Enter Total of all non-voted Ad Valorem Taxes proposed to be levied by the Principal $ n/a
Taxing Authority, all Dependent Districts, & MSTU's if any. Line (11) x Line (4)
(21) Current Year Proposed. Aggregate Millage Rate: (20) + (4) $ n/a per $1,000
(22) Current Year Proposed Rate as a PERCENT CHANGE of Rolled-back Rate: n/'a %
[(Line 21 + Line 18) - 1.00] x 100
Date, Time and Place of the first Public Budget Hearing: September 15, 1998 at. 7: 00 p.m, ar. Ctl:~r l-]all, Cit~,
Commission Chambers, 100 N.W. First Avenue, Delray Beach, Florida 33444.
I do'hereby ce. rtify 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
sigr;latu~reAt ~elray Beach , Florida, this the day of Jul~f , 19 98 .
/1 []_~\ ' ~ David T. Harden
~.~'.zY /.kO~-~Y--~a- nager 100 N.W. First Ave., Delra¥ Beach, FL 33444
· t~'~atufe and Title of Chief Administrative Officer Addreel of Physical Locatio~
100 N.W. First Avenue Joseph M. Safford, Finance Director
MaJlln. g Addm# { Name of Contact Pemon
Delray Beach',i FL' 33444 561-243-7116 561-243-7166
City State Zip Phone Number Fax Number
SEE INSTRUCTIONS ON REVERSE SIDE