Res 92-90 RESOLUTION NO. 92-90
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH, FLORIDA, TO LEVY A TAX ON ALL PROPERTIES
WITHIN THE CITY OF DELRAY BEACH, FLORIDA, FOR MAIN-
TENANCE AND OPERATION, AND TO LEVY A TAX FOR THE
PAYMENT OF PRINCIPAL AND INTEREST ON BONDED INDEBTED-
NESS, AND TO ALLOCATE AND APPROPRIATE SAID COLLECTIONS
THEREUNDER.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF T~E
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
$6.1500 per one thousand ($1,000) dollars of assessed valuation which is
hereby levied on all taxable property within the City of Delray Beach
for the fiscal year commencing October 1, 1990, and terminating
September 30, 1991, the assessed valuation on all taxable property for
operating purposes within the City of Delray Beach being $2,388,234,311,
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 operating millage rate of $6.1500 per one thousand ($1,000) dollars
does exceed roll back of $5.3875 per one thousand ($1,000) dollars by
$0.7625 per one thousand ($1,000) dollars which is a percent change of
14.1531% of the rolled back rate.
Section 2. That 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
$2,272,112, and that there is hereby appropriated for the payment
thereof, all revenues derived from the tax levy of $1.0000 per one
thousand ($1,000) dollars of assessed valuation, which is hereby levied
for that purpose for the fiscal year commencing October 1, 1990, and
terminating September 30, 1991, upon the taxable property of the City of
Delray Beach, the assessed valuation being $2,388,234,311.
Section 3. That the above 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 subsection (1) is at variance
from the taxable value shown on the roll to be extended.
Section 4. That a Public Hearing was held on the Tax Levy and
Budget on September 11, 1990 and September 25, 1990.
PASSED AND ADOPTED in regular session on this the 25th day of
September, 1990.
ATTEST:
City C~lerk /
RESOLUTION NO. 92-90
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH,
FLORIDA, TO LEVY A TAX ON ALL PROPERTIES WITHIN THE CITY OF
DELRAY BEACH, FLORIDA, FOR MAINTENANCE AND OPERATION, AND TO LEVY
A TAX FOR THE PAYMENT OF PRINCIPAL AND INTEREST ON BONDED IN-
DEBTEDNESS, AND TO ALLOCATE AND APPROPRIATE SAID COLLECTIONS
THEREUNDER.
The above ordinance is published by caption only as required by
State Law. The proposed ordinance may be inspected at the Office
of the City Clerk at the City Hall, 100 N.W. 1st Avenue, Delray
Beach, Florida, from 8:00 A.M. to 5:00 P.M., Monday through
Friday, except holidays. The City Commission will meet in the
Commission Chambers at the City Hall on the 2~th day of
September, 1990, at 7:00 P.M. (or at any continuation of such
meeting which is set by the Commission), at which time the
ordinance will be read by title only and all persons interested
will be given an opportunity to be heard. Please be advised that
if a person or persons decides to appeal any decision made by the
City Commission with respect to any matter considered at this
meeting or hearing, such persons will need a record of these
proceedings, and for this purpose such
persons may need to ensure that a verbatim record of the
proceedings is made, which record includes the testimony and
evidence upon which the appeal is to be based. The City does not
provide or prepare such record. Pursuant to F.S. 286.0105.
PUBLISH: Delray Beach News CITY OF DELRAY BEACH
September 22, 1990 Alison MacGregor Harry
City Clerk