Res 73-02RESOLUTION NO. 73-02
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF DRI.RAY BEACH, TO TENTATIVELY LEVY A TAX ON
.A ! J. PROPERTIES WITHIN THE DOWNTOWN
DEVFJ.OPMENT AUTHORITY TAXING DISTRICT OF THE
CITY OF DF_J_iLAY BEACH, FLORIDA, FOR MAINTENANCE
AND OPERATION, AND TO APPROPRIATE SAID
COIJ.ECTIONS THEREUNDER.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION
OF THE CITY OF DELRAY BEACH, FLORIDA, AS FO!.I.OWS:
Section 1. That a tax of $1.00 per one thousand dollars ($1,000.00) of assessed
valuation is hereby tentatively 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,
2002, and ending September 30, 2003. 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 $189,541,990. The tentative operating millage rate of $1.00 per one thousand
dollars ($1,000.00) exceeds the rolled-back rate of $0.9804 per one thousand dollars ($1,000.00) by
2%.
Section ~ That the above tentative 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 0%) with the taxable value shown on the
assessment roll to be extended.
Section 3. That a public hearing was held on the proposed budget on September 3,
2002.
2002.
PASSED AND ADOPTED in regal!ar session on this the 3e day of September,
City Clerk
MAYOR
MEMORANDUM
TO:
FROM:
SUBJECT:
DATE:
MAYOR AND CITY COMMISSIONERS
CITY MANAGER~I
AGENDA ITEM I O 0... _ REGULAR MEETING OF SEPTEMBER 3, 2002
RESOLUTION NO. 73-02 (TENTATIVE MILLAGE LEVY IN THE DDA
TAXING DISTRICT)
AUGUST 30, 2002
Resolution No.73-02 tentatively 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 2003. TNs
tentative millage exceeds the 0.9804 rolled back rate calculated under the TRIM law by 2%.
A copy of the DDA's Certification of Taxable Value is attached, along with a copy of the DDA
budget for FY 2003.
Recommend approval of Resolution No.73-02. Final adoption of the DDA tax levy for FY 2003 is
scheduled for September 17, 2002.
Ref Agrnemo20 Res 73-02 TentaUve Mallage Levy DDA FY 2003
RESOLUTION NO. 73-02
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
DELRAY BEACH, TO TENTATIVELY LEVY A TAX ON AIJ,
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 tentauvely lemed on all taxable property within the Downtown Development Authority Taxing
Dxstrict of the City of De[ray Beach for the fiscal year commencing October 1, 2002, and ending September
30, 2003. There shall be and hereby is appropriated for the purpose of financing the operation of the
Downtown Development Authority Taxing D~smct revenue derived from said tax for operating and
maintenance expenses of the Downtown Development Authority Taxtng District, and also m ad&non, all
revenues derived by said Taxing D~strict during said fiscal year from all other sources other than the tax levy
for current bond service and that part of collecuon of dehnquent taxes lemed for bond service. The assessed
valuation on all taxable property for operaung purposes within the Downtown Development Authority
Taxing District of the C~ty of De[ray Beach is $189,541,990. The tentative operating millage rate of $1.00 per
one thousand dollars ($1,000.00) exceeds the rolled-back rate of $0.9804 per one thousand dollars ($1,000.00)
by 2%.
Section 2. That the above tentative millage rate is adopted pursuant to Florida Statutes
Sectaon 200.065(2)(e)(2), and subject to adjustment in accordance with Secuon 200.065(5) of the Florida
Statutes which promdes that each affected taxing authority, other than munic~paht~es, counties, school boards,
and water management chstncts, may adjust its adopted nullage rate if the taxable value w~thm the junsdictton
of the taxang authority as certified pursuant to Section 200.065(1) ~s at variance by more than three percent
(3%) with the taxable value shown on the assessment roll to be extended.
Section 3. That a public hearing was held on the proposed budget on September 3, 2002.
PASSED AND ADOPTED tn regular session on this the 3rd day of September, 2002.
ATTEST:
MAYOR
City Clerk
CERTIFICATE OF TAXABLE VALUE
SECTION I . 2002 Year
PALM BEACH County
(1)' Current Year Taxable Value of Real Property for Operating Purposes $
(2) Current Year Taxable Value of Personal Property for Operating Purposes $
(3) Current Year Taxable Value of Centrally Assessed for Operating Purposes $
(4) Current Year Gross Taxable Value for Operating Purposes (1) + (2) + (3) $
(5) Current Year Net New Taxable Value (New Construction + Additions + Rehabilitative $ ·
Improvements Increasing Assessed Value By At Least 100% + Annexations - Deletions)
(6) Current Year Adjusted Taxable Value (4) - (5) $
(7) Prior Year Final Gross Taxable Value (From Prior Year Applicable Form DR-403 Series) $
To Delra¥ Beach. D.D.A.
(Name of Taxing Authority)
189,541,990
0
0
'189,541,990
13,861,239
175,680,751
172,234,491
I do hereby certify the values shown herein to be correct to the best of my knowledge and belief. Witness my hand and official
signature at West Palm Beach, FI. ,th~Z~2~ ~y~(~UNE2002. .
~ignature of Property Appraiser
TAXING AUTHORITY: If this portion of the form is not completed in FULL your Authority will be denied TRIM certification
and possibly lose its millage levy privilege for the tax year. If any line is inapphcable, enter N/A or -0-.
SECTION II
(8) Prior Year Operating Millage Levy
(9) Prior Year Ad Valorem Proceeds (7) x (8)
(10) Current YearRolled-Back Rate (9) / (6)
(11) Current Year Proposed Operating Millage Rate
DR-420
R 01/95
Per $1,000
$ 1.0000
$ 1_72=2_34
$ 0. 9804
Per $1.000
$ 1.0000 Per $1.000
!12) Check one (1) TYPE of Taxing Authority
I ! I County ~ Municipality ~ Independent
{ Special District
Dependent [---'] Municipal Service
District Taxing Unit
Multi-County
Water Management District
(13) IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE.
(14) Current Year Millage Levy for VOTED DEBT SERVICE
(15) Current Year OTHER VOTED MILLAGE $
I DEPENDENT SPECIAL DISTRICTS SKIP lines (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)
(17) Total PriorYear Proceeds: (9) + (16) $
(18) The Current Year Aggregate Rolled-back Rate: (17)/(6) $
(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) $
(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: September 3, 2002, 7:00 p,m,, City
Delray BEach ~ity Hall, 100 N.W. ¥ir~t Avenue; ~lrny B~n~, F!or~d=_
I do hereby certify the millages and rates shown herein to be correct to the best of my knowledge and belief FURTHER,
I certify that all millages comply with the provisions of Section 200.071 or 200.081, F.S. WITNESS my hand and official
signature at f Delr~y ~each , Florida, this the 23rd dayof July
. / L ~/ t David T. Harden
~-~< ~ ~/~CL~----~ity Manager Same
Signatbre and title of Chief Administrative Officer Address of Physical Location
-0- Per $1,000
-0- Per $1,000
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n/a
q/a
n/a
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Per $1,000
n./a Per $1,000
n/a '/.
C0mmi~ion
, 2002 .
100 ~.W, First Avenue
MailingAddress
Nameof~ontactPerson
Delray Beach, FL'. 33444
City State
561-24~-7116
Zip Phone Number
SEE INSTRUCTIONS ON REVERSE SIDE
561-243-7166
Fax Number