Res 84-83 RESOLUTION NO. 84-83
A RESOLUTION OF THE CITY COUNCIL 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 INDEBTEDNESS, AND TO ALLOCATE AND
APPROPRIATE SAID COLLECTIONS THEREUNDER.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL 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
4.7510 mills per one ($1.00) dollar of assessed valuation which is hereby
levied on all taxable property within the City of Delray Beach for the
fiscal year commencing October 1, 1983, and terminating September 30,
1984, the assessed valuation on all taxable property for operating pur-
poses within the City of Delray Beach being $1,400,619,135, 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 serivce. The operating
millage rate of 4.7510 mills does not exceed roll back of 4.8056.
Section 2. That the amount of money necessary to be raised for
interest charges and bond redemption which constitutes a general obli-
gation bonded indebtedness of the City of Delray Beach is $720,170, and
that there is hereby appropriated for the payment thereof, all revenues
derived from the tax levy of .54t2 mills per one ($1.00) dollar of as-
sessed valuation, which is hereby levied for that purpose for the fiscal
year commencing October 1, 1983, and terminating September 30, 1984, upon
the taxable property of the City of Delray Beach, the assessed valuation
being $1,400,619,135.
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. The adjustment shall be
such that the taxes computed by applying the adopted rate against the
certified taxable value are equal to the taxes computed by applying the
adjusted adopted rate to the taxable value on the roll to be extended.
Section 4. That this resolution was considered and public hear-
ings held and the text of the resolution was read in full on September 12,
1983, and September 27, 1983.
Section 5. That this resolution shall take effect as of October
1, 1983.
PASSED AND ADOPTED in regular session on this the 27th day of
September, 1983.
ATTEST:
Asst. City Clerk