Res 74-97 RESOLUTION NO. 74-97
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, 1997,
and ending September 30, 1998. 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
$102,656,563. The operating millage rate of $1.00 per one thousand
dollars ($1,000.00) exceeds the rolled-back rate of $0.98 per one
thousand dollars ($1,000.00) by 1.90%.
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, 1997, and September 23, 1997.
PASSED AND ADOPTED in regular session on this the 23rd day of
September, 1997. ~A~
ATTEST: ~~~-
City Clerk
[lTV I]F I]ELRI:IV BEI:I[H
DELRAY BEACH
NI-/l~eri~aCity
1993
September 29, 1997
Ms. Marjorie Ferret
Executive Director
Downtown Development Authority
64 S.E. 5th Avenue
Delray Beach, FL 33483
Re: Resolution No. 74-97 (DDA Millaqe Levy)
Dear Marjorie:
Attached for your file is an executed copy of Resolution No.
74-97 levying a tax of 1.00 mill on all properties within the
Downtown Development Authority Taxing District of the City of
Delray Beach for FY 1998.
Resolution No. 74-97 was passed and adopted by the City
Commission in regular session on September 23, 1997.
If you have any questions, please call me at 243-7050.
Sincerely,
Alison MacGregor Harty
City Clerk
Attachment
cc: File
THE EFFORT ALWAYS MATTERS
MEMORANDUM
TO: MAYOR AND CITY COMMISSIONERS
FROM: ~TY MANAGER
SUBJECT: AGENDA ITEM #/D~ - REGULAR MEETING OF SEPTEMBER 23, 1997
RESOLUTION NO. 74-97 (MILLAGE LEVY ON ALL PROPERTIES IN
THE DDA TAXING DISTRICT)
DATE: SEPTEMBER 19, 1997
Resolution No. 74-97 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 1998. This millage
exceeds the 0.98 rolled back rate calculated under the TRIM law by
1.90%.
Per TRIM requirements, tax levies for dependent special taxing
districts such as the DDA must be separately discussed and adopted
at the public hearing.
Recommend approval of Resolution No. 74-97.
ref:agmemol7
CERTIFICATION OF TAXABLE VALUE
DR.-42~
.:--:" SECTION I 96
~ Year
PALM ]3]~ACH County To DF:.LRAY EF..AC]-] - D.D.A.
tN~ o! T~udr~g AuthoHI,/)
(1} Current Year Taxable Value of Real Property for Operating Purposes $ 99,014,924
(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
99,014,924
(4) Current Year Gross Taxable Value for Operating Purposes (1) + (2). (3) $.
1,032,997
(5) Current Year Net New Taxable Value (New Construction + Additions + Rehabilitative $.
Improvements Increasing Assessed Value By At Least 100% + Annexations - Deletions)
({3) Current Year Adjusted Taxable Value (4) - (5) $ 9'/,981,927 '
(7') Prior Year Final Gross Taxable Value $ 96,540,497
(From Prior Year Applicable Form DR-403 Series)
I do hereby certify the values shown herein to be correct to the best of my knowledge anS..be{tel. Witness tr]~ hand and official
TAXING AUTHORITY: Il this portion of the Iorm is not completed in FULL your Authority will be denied TRIM certificatio.
and possibly lose its millage levy privilege lot Ihe lax year. I! any line is inapplicable, enter N/A or -0-.
SECTION !1
(8) Prior Year Operating Millage Levy $ ~ ~' ~' per $1,000
(9) Prior Year Ad Valorem Proceeds (7) x (O) $.
(10) Current Year Rolled-Back Rate (9) + (6) $ .~ ~',~~].~" per $1,000
(11) Current Year Proposed Operating Millage Rate $ ~ ~ 0~¢.~'~ per $1,000
(12) Check one (1) TYPE of Taxing Authority:
[--'"']Courtly {---'--lMunicip&lity r-~,ndepe,,dent r~'~'Oepe.dent r'---IMunicip.., Sewice ~-'--'~ Multi--County
Special Oist[ict ' ' 'Speci&l District ' 'T~xiflg Unit ' '
(13) IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE.
(14) Current Year Millage Levy for VOTED DEBT SERVICE $. '-O -- per $1,000
(15) Current Year OTHER VOTED MILLAGE $. ~6 - per $1,000
[ DEPENDENT SPECIAL DISTRICTS SKIP Dines (16) through (22)
(16) Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENT Special Districts $
& MSTU's levying a millage. (The sum of Line (9) from each District's Form DR-420)
I
(17) Tolal Prior Year Proceeds: (9) + (16) $..
(18) The Current Year Aggregate Rolled-back Rate: (17) + (6) $. I',,l~'~ per $1,000
(19) Current Year Aggregate Rolled-back Taxes: (4) x (18} $.
[20) Enter Total of all non-voted Ad Valorem Taxes proposed to be levied by the Principal $
Taxing Authority, all Dependent Districts, & MSTU's if any. Line (11) x Line (4)
(21) Current Year Proposed Aggregate Millage Rate: (20) + (4) $.~ ~ d}. per $1,000
(22) Current Year Proposed Rate as a PERCENT CHANGE of Rolled-back Rate:
[(Line 21 + Line 18) - 1.00] x 100
Date, Time and Place of the first Public Budget Hearing:.
! do hereby certify the mi,ages and rates shown herein to be correct to the best of my knowledge and belief, FURTHER,
I certify that all mi,ages comply with the provisions of Section 200.071 or 200.081, F.S. WITNESS my hand and official
signature at , Florida, this the day of ,19 . .
-' I~'t' v
· l~ne. tdle ~ TIlk o! Chief Admlnl~&tlve Olll~et .~,dd~'lll of Ph~'elc. aJ Locallo~
City State ZIp ~o~e Numbe¢ Fatx Numbe¢
SEE INSTRUCTIONS ON REVERSE SIDE