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Res 87A-96 RESOLUTION NO. 87A-96 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, 1996, and ending September 30, 1997. 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 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 $99,014,924. The operating millage rate of $1.00 per one thousand dollars ($1,000.00) exceeds the rolled-back rate of $0.84 per one thousand dollars ($1,000.00) by 19.05%. 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 200.65(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 200.65(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 3, 1996, September 17, 1996 and December 10, 1996. PASSED AND ADOPTED in regular session on this 10th day of December, 1996. ATTEST: Cit~ Clerk ~ ~ -2- Res. No. 87A-96 CITY OF DELRAY BEACH, FLORIDA - CITY COMMISSION REGULAR MEETING - DECEMBER 10, 1996 - 6:00 P.M. PUBLIC HEARINGS - 7:00 P.M. COMMISSION CHAMBERS AGENDA ADDENDUM THE AGENDA IS AMENDED AS FOLLOWS: ADD ITEM 9.J. TO THE REGULAR AGENDA (1) LEASE/PURCHASE AWARD TO PMI IMAGING SYSTEMS: Consider a lease/purchase award to PMI Imaging Systems through GSA pricing for a Canon NP-980 microfilm reader/printer, in the amount of $15,912, with financing to be provided by Barnett Bank, from Lease Principal and Lease Interest (Account Nos. 001-7111-519-71.50 and 72.50). ADD ITEM 10 A.1 TO THE PUBLIC HEARING AGENDA (2) RESOLUTION NO. 87A-96 (DDA TAX LEVY): A resolution levying the tax within the Downtown Development Authority Taxing District for FY 1996/97. MEMORANDUM TO: MAYOR AND CITY COMMISSIONERS FROM: CITY MANAGER SUBJECT: AGENDA ITEM # /0.~'/' - MEETING OF DECEMBER 10, 1996 RESOLUTION NO. 87A-96 (DDA TAX LEVY) DATE: DECEMBER 10, 1996 Resolution No. 87A-96 levies the tax within the Downtown Development Authority Taxing District for FY 1996/97 and should be adopted prior to Resolution No. 88-96 making appropriations of sums of money for all necessary expenditures of the City for the period October 1, 1996 to September 30, 1997. Recommend approval of Resolution No. 87A-96. -i I BUDGET SUMMARY CITY OF DELRAY BEACH, FLORIDA FISCAL YEAR 1996-t997 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF DELRAY BEACH ARE 8.8°/° MORE THAN LAST YEARS TOTAL OPERATING EXPENDITURES. DOW.TOW. S.EC A, GENERAL DEVELOPMENT ENTERPRISE REVENUE FUND FUND FUNDS FUNDS TOTAL CAsH BALANCES BROUGHT FORWARD 60,830 40,000 2,323,000 93,770 2,517,600 E~FIMATED REVENUES: TAXES ~=~ r,,,, s,,ooo AD VALOREM TAXES s.gs 17,395,220 - 17,395,220 AD VALOREM TAXES o.~o 2,252,620 2,252,620 AD VALOREM-DELINQUENT 111,340 111,340 AD VALOREM-DDA ~.oo 94,070 94,070 Sales & Use Taxes 1,525,600 1,525,600 Franchise Taxes 2,927,000 2,927,000 Utility Taxes 5,010,000 5,010,000 Licenses & Permits 1,804,020 1,804,020 Intergovernmental 4,869,510 49,390 1,633,030 6,551,930 Charges for Services 3,414,950 ~, 104,880 28,519,830 Fines & Forfeitures 475,700 475,700 Miscellaneous Revenues 2,885,750 4,330 3,673,450 23,000 6,586,530 Other .Financing Sources 2,219,280 412,560 775,990 3,407,830 TOTAL REVENUES AND OTHER FINANCING SOURCES 44,890,990 98,400 29,240,280 2,432,020 76,661,690 TOTAL ESTIMATED REVENUES , AND BALANCES 44,951,820 138,400 31,563,280 2,525,790 79,179,290 EXPENDITURES/EXPENSES: General Government Services 5,119,87~) 5,119,870 Public Safety 24,935,040 24,935,040 Physical Environment 293,360 19,787,240 20,080,600 Transportation 1,272,230 , 1,272,230 Economic Environment 698,510 90,200 1,778,710 2,567,420 Human Servi(;es 170,030 170,030 Culture & Recreation 6,118,950 2,714,350 370,380 9,203,680 Debt Service 2,878,450 4,932,350 298,040 8,108,840 Other Financing Uses 3,388,610 3,497,900 6,886,510 TOTAL EXPENDITURES/EXPENSES 44,875,050 90,200 30,931,840 2,447,130' 78,344,220 Reserves 76,770 48,200 631,440 78,660 835,070 'roI'AL EXPENDi'rURES AND RESERVES44,951,820 138,400 31,563,280 2,525,790 79,179,290 THE TENTATIVE, ADOPTED AND/OR FINAL BUDGETSARE ON FILE IN THE OFFICE OF THE ABOVE MEN- TIONED TAXING AUTHORITY AS A PUBLIC RECORD. PUBLISH: DECEMBER 6, 1996 THE NEWS AD//717847 NOTICE OF PROPOSED TAX INCREASE THE PREVIOUS NOTICE PLACED BY THE CITY OF DELRAY BEACH HAS BEEN DETERMINED BY THE DEPARTMENT OF .REVENUE TO BE IN VIOLATION OF THE LAW, NECESSITAT- ING THIS SECOND NOTICE. The City of.Delray Beach has tentatively adopted a measure to increase its property tax levy. Last year's property tax levy: A. Initially proposed tax levy $17,722,073 B. Less tax reductions due to Value Adjustment Board and other assessment changes. $51,888 C. Actual property tax levy $17,542,736 This year's proposed tax levy $18,541,496 All concerned citizens are invited to attend a public hearing on the tax increase to be held on Tuesday, December 10, 1996, 7:00 p.m., at City Hall, 100 NW 1st Avenue, Delray Beach, Florida. A FINAL DECISION on the prOposed tax increase and the bud- get will be made at this hearing. Publish: December 6, 1996 The News Ad #717848