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HomeMy WebLinkAbout2001 09 10 Public Hearing A Resolution 2001-38 Tentative Millage FY 2001-2002FIRST ITEM OF THE EVENING COMMISSION AGENDA ITEM A September 1 ~, 2~~1 Meeting PUBLICLYANNOUNCE THE REQUEST CONSENT INFORMATIONAL PUBLIC HEARING XX REGULAR MGR ~ /DEPT. -~~~' /, Authnri Kati nn REQUEST: The City Manager is requesting the City Commission hold a Public Hearing relative to the approval of Resolution No. 2001-38 ,which establishes the Tentative Millage for Fiscal Year 2001-2002 for the City of Winter Springs at 3.94 which is 17.51% above the rolled-back rate of 3.3528. PURPOSE: The purpose of this agenda item is to have the Commission approve the first reading of Resolution No. 2001-38, otherwise known as the Tentative Millage for Fiscal Year 2001-2002. CONSIDERATIONS: Resolution No. 2001-38 -Tentative Millage • Millage Increase. The current Millage for FY 2000-2001 is 3.5400. The Tentative Millage for FY 2001-2002 is set at 3.9400. The Rolled-Back rate is 3.3528. The Tentative Millage rate is 17.51% above the Rolled- Back rate. • The increase in the Tentative Millage rate to 3.9400 over the current rate will result in an increase in Ad Valorem Revenues to the City of $446,897. Any changes or deletions to the Tentative Budget (and the Tentative Millage) requested by the City Commission at this meeting will be reflected in the second reading (Final Millage and Budget Hearing) scheduled for September 24, 2001. The Commission can further amend the millage and the budget at the second reading. RECOMMENDATION: Tentative Millage ^ The Commission adopt Resolution No. 2001-38 establishing the Tentative Millage at 3.9400 for Fiscal Year 2001-2002. IMPLEMENTATION SCHEDULE: Upon approval and adoption of Resolution No. 2001-38 at the second reading the Millage for Fiscal Year 2001 - 2002 would be implemented and become effective on October 1, 2001. ATTACHMENTS: ^ Resolution No. 2001-38 COMMISSION ACTION: RESOLUTION NO. 2001-38 A RESOLUTION OF THE CITY OF WINTER SPRINGS, FLORIDA, ADOPTING THE TENTATIVE MILEAGE RATE FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2001 AND ENDING ON SEPTEMBER 30, 2002; ANNOUNCING THE PERCENTAGE BY WHICH THE RECOMPUTED PROPOSED MILEAGE RATE EXCEEDS THE ROLLED-BACK RATE; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEAL OF PRIOR INCONSISTENT RESOLUTIONS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of Winter Springs has held a public hearing on the tentative millage rate pursuant to Florida Statute 200.065, Subparagraph (c); and WHEREAS, the City Commission of Winter Springs desires to adopt the tentative millage rate and publicly announce their percentage change by which the recomputed proposed millage rate exceeds the rolled-back rate. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, AS FOLLOWS: Section 1. The City Commission adopts its tentative millage rate of 3.9400 mills for the fiscal year commencing October 1, 2001 and ending September 31, 2002. Section 2. The tentative millage rate of 3.9400 mills is more than the computed rolled-back rate of 3.3528 by 17.51 %. Section 3. Within fifteen (15) days of the date of this Resolution, the City Clerk shall advertise in a newspaper of general circulation its intent to finally adopt a millage rate and budget and shall hold a public hearing to finalize the budget and adopt a millage rate not less than two (2) days or more than five (5) days after the date of the advertisement is first published. Section 4. Repeal of Prior Inconsistent Resolutions. All prior resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of the conflict. Section 5. Severability. If any section, subsection, sentence, clause, phrase, word or portion of this resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. Section 6. Effective Date. This Resolution shall become effective immediately upon adoption by the City Commission of the City of Winter Springs, Florida. ADOPTED by the City Commission of the City of Winter Springs, Florida, in a regularly scheduled Public Hearing assemb his 1 Gth da;~ of September 2001. ~--~ Paul Partyka;~~ ATTEST: ~~~ Andrea Loren uaces, City Clerk