Res 98-92 RESOLUTION NO. 98-92
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH, FLORIDA, TO TENTATIVELY LEVY A TAX ON
ALL PROPERTIES WITHIN. THE CITY OF DELRAY BEACH,
FLORIDA, FOR MAINTENANCE AND OPERATION, AND TO
TENTATIVELY 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, FLO~DA, AS FOLLOWS:
Section 1. That there shall be and hereby is appropriated
for the General Fund operations of the City revenue derived from the
tax of $6.3~0 per one thousand dollars ($1,000.00) of assessed
valuation which is hereby tentatively levied on all taxable property
within the City of Delray Beach for the fiscal year commencing October
1, 1992, and terminating September 30, 1993, the assessed valuation on
all taxable property for operating purposes within the City of Delray
Beach being $2,506,918,853 for operating and for 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 tentative operating
millage rate of $6.3300 per one thousand dollars ($1,000.00) is less
than roll back rate of $6.3590 per one thousand dollars ($1,000.00) by
$0.02900 per one thousand dollars ($1,000.00) which is 0.4561% of the
rolled back rate.
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
$2,250,295 and that there is hereby appropriated for the payment
thereof, all revenues derived from the tentative tax levy of $0.9500
per one thousand dollars ($1,000.00) of assessed valuation, which is
hereby levied for that purpose for the fiscal year commencing October
1, 1992, and terminating September 30, 1993, upon the taxable property
of the City of Delray Beach, the assessed valuation being
$2,506,918,853.
Section 3. That the above tentative millage rates are
adopted subject to adjustment in accordance with Section 200.065(5) of
the Florida Statutes which provides that each affected taxing
authority 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 roll to be extended.
Section 4. That a public hearing was held on the proposed
budget on September 8, 1992.
PASSED AND ADOPTED in regular session on this the 8th day of
September, 1992.
ATTEST:
~ity C~rk '
TO: MAYOR AND CITY COMMISSIONERS ~
FROM: CITY I~NAGER~/
SUBJECT: AGENDA ITEM ~ IO6 - MEETING OF SEPTEMBER 8. 1992'
RESOLUTION NO. 98-92
DATE: September 4, 1992
This is a resolution tentatively levying a ta~ on all properties
within the City of Delray Beach for maintenance and operation; and
levying a tax for the payment of principal and interest on bonded
indebtedness.
Recommend approval of Resolution No. 98-92.
RESOLUTION NO. 98-92
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH, FLORIDA, TO TENTATIVELY LEVY A TAX ON
ALL PROPERTIES WITHIN THE CITY OF DELRAY BEACH,
FLORIDA, FOR MAINTENANCE AND OPERATION, AND TO
TENTATIVELY 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 there shall be and hereby is appropriated
for the General Fund operations of the City revenue derived from the
tax of $6.3300 per one thousand dollars ($1,000.00) of assessed
valuation which is hereby tentatively levied on all taxable property
thin the City of Delray Beach for the fiscal year commencing October
1992, and terminating September 30, 1993, the assessed valuation on
all taxable property for operating purposes within the City of Delray
Beach being $2,506,918,853 for operating and for 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 tentative ~n~
millage rate of~j3300 per one thousand dollars ($1,000.00)
~roll ba~o~-f $6.3590 per one thousand dollars ($1,000.00) by
$0.02900 per one'thousand dollars ($1,000.00) which is 0.4561% of the
rolled back rate.
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
$2,250,295 and that there is hereby appropriated for the payment
thereof, all revenues derived from the tentative tax levy of $0.9500
per one thousand dollars ($1,000.00) of assessed valuation, which is
hereby levied for that purpose for the fiscal year commencing October
1, 1992, and terminating September 30, 1993, upon the taxable property
of the City of Delray Beach, the assessed valuation being
$2,506,918,853.
Section 3. That the above tentative millage rates are
adopted subject to adjustment in accordance with Section 200.065(5) of
the Florida Statutes which provides that each affected taxing
authority 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 roll to be extended.
Section 4. That a public hearing was held on the proposed
budget on September 8, 1992.
PASSED AND ADOPTED in regular session on this the 8th day of
September, 1992.
MAYOR
ATTEST:
City Clerk
RESOLUTION ~0. ~
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH, FLORIDA, TO TENTATIVELY LE~ A T~ ON
~L PROPERTIES WITHIN THE CITY OF DEL~Y BEACH,
FLORIDA, FOR ~INTEN~CE AND OPE~TION, AND TO
TENTATI~LY LE~ A TAX FOR THE PAY~NT OF PRINCIP~
AND INTE~ST ON BO~ED INDEBTEDNESS, AND TO ~LOCATE
AND ~PROPRIATE SAID COLLECTIONS T~RE~DER.
NOW, THE~FO~, BE IT RESOLED BY THE CITY COMMISSION OF THE
CI~ OF DEL~Y BEACH, FLORIDA, AS FOL~WS:
Section l. That there shall be and hereby is appropriated for
~._C~ral Fund operations of the City revenue derived from the tax of
~/~ ~er one thousand ($1,000) dollars of assessed valuation which is
he~ tentatively levied on all taxable property within the C~ty of
Delray Beach for the fiscal ~ear commencing October l, 199~ and
terminating Septe~er 30, 199~ the assessed valuation on all taxable
property for operating purposes within the City of Delray Beach being
--$2,$3~,134,35~for operating and for maintenance expenses of the ~neral
Fund, and also in addition, all revenues derived by said City during
said fiscal year from all other sources other than the tax levy for
current bond service and ~at part of collection of delinquent taxes
levied ~or bond service. The tentative operatin~ millage rate of
~per one thousand ($l,000) dollars does~ee~ ~11 back of
$~.. '~z one ~l~ousand ($1,000) by ~--.~P-per ona tho~and ($1,000~
dolI~r, which £s &weT44~ of the rolled back ~ ....
Section 2. That the amount of money necessary to be rais~ for
interest~'-and bond redemption which constitutes
obligation bonded.indebtedness of the City of Delrav .......... Beach is
and that there is hereby appropriated for ~ pa~t theft_f,' all
revenues derived from the tentative tax levy of~.95~ per one thousand
($1,000) dollars of assessed valuation, which is hereb~ levied for that
purpose for the fiscal year commencing October 1, 199~and terminating
September 30, 19~ upon the taxable p_r~. o~ the City of Delray
being .... 1 ........
Beach, the assessed valuation ' - ''' ~
Section 3. That the above tentative millage rates are adopted
subject to adjustment in accordance with Section 200.065(5) of the
Florida Statutes which provides that each affected taxing authority may
adjust its adopted millage rate if the taxable value within the
200.065(1) is at variance by more than ~ percent .with the
taxable value sho~ on the roll to be extended.ODtt ~'
Section 4. That a Public Hearing was held on the proposed
Budget on September
PASSED AND ADOPTED in regular session on this the ~th day of
Septe~er, 199~.
ATTEST~
City C~erk ' ;