HomeMy WebLinkAbout2010 09 27 Public Hearing 500 Resolution 2010-50 Final Operating Millage Rate and Final Voted Debt Service Millage Rate for FY 2010-2011 FIRST ITEM OF THE EVENING
COMMISSION AGENDA
CONSENT
INFORMATIONAL
ITEM 500 PUBLIC HEARING XX
REGULAR
\, September 27, 2010 MGR /DEPT. G63
Meeting Authorization
PUBLICLY ANNOUNCE THE REQUEST
REQUEST: The City Manager is requesting that the City Commission hold a Public Hearing
relative to the approval of Resolution No. 2010 -50, which establishes the Final Operating Millage
Rate and the Final Voted Debt Service Millage Rate for Fiscal Year 2010 -2011 for the City of
Winter Springs.
SYNOPSIS: The purpose of this agenda item is to have the Commission approve Resolution No. 2010-
50, otherwise known as the Final Millage Rates for Fiscal Year 2010 -2011.
CONSIDERATIONS:
On September 13, 2010, the Commission adopted a tentative operating millage rate of 2.4714 mills and a
tentative voted debt service millage rate of 0.1100 mills for a total tentative millage rate of 2.5814 mills.
Tonight the Commission will set the final millage rates which cannot exceed the tentative millage rates.
Since the tentative millage rate of 2.4714 is less than the rolled -back rate of 2.6404 mills the vote will
only require a simple majority.
FISCAL IMPACT:
The decision to levy an operating millage rate of 2.4714 mills as opposed to the rolled -back rate of 2.6404
mills results in reduced ad valorem General Fund revenues of approximately $288,000. The decision- to
maintain the voted debt service millage rate at 0.1100 mills required a subsidy from the General Fund to
the Central Winds Debt Service Fund in the amount of $44,000.
COMMUNICATION EFFORTS:
Upon approval and adoption of Resolution No. 2010 -50, the millage rates for fiscal year 2010 -2011 will
be communicated to the Seminole County Property Appraiser and the Seminole County Tax Collector as
the millage rate to be levied by the City of Winter Springs for the 2010 tax year (Fiscal Year 2010- 2011).
092710_COMM Public_Hearing_500_Final_ Millage.docx
RECOMMENDATION:
It is recommended that the Commission adopt Resolution No. 2010 -50 establishing the final operating
millage rate at whatever rate the Commission deems necessary for fiscal year 2010 -2011, the final voted
debt service millage rate at 0.1100 mills for fiscal year 2010 -2011 and publicly announce the percentage
by which the final operating millage rate is less than the rolled -back rate.
A `sample' motion follows which includes the necessary elements for statutory compliance:
I make the motion that the City of Winter Springs adopt Resolution No. 2010 -50 establishing the final
operating millage rate at 2.4714 mills, establishing the voted debt service rate at 0.1100 mills and
publicly announce that the final operating millage rate is 6.40% less than the computed rolled -back rate
of 2.6404 mills.
ATTACHMENTS:
Resolution No. 2010 -50
092710 _COMM_Public_Hearing_500_Final_ Millage.docx
RESOLUTION NO. 2010-50
A RESOLUTION OF THE CITY OF WINTER SPRINGS,
FLORIDA, ADOPTING THE FINAL OPERATING MILLAGE
RATE AND THE FINAL VOTED DEBT SERVICE MILLAGE
RATE FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL
YEAR COMMENCING ON OCTOBER 1, 2010 AND ENDING ON
SEPTEMBER 30, 2011; ANNOUNCING THE PERCENTAGE BY
WHICH THE FINAL OPERATING MILLAGE RATE IS LESS
THAN 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 of Seminole County,
Florida, on September 27, 2010, adopted Fiscal Year 2010 -2011 Final Millage Rates
following a public hearing as required by Florida Statute 200.065;
WHEREAS, the City Commission of Winter Springs of Seminole County,
Florida, held a public hearing as required by Florida Statute 200.065;
WHEREAS, the gross taxable value for operating purposes not exempt from
taxation within Seminole County has been certified by the Seminole County Property
Appraiser to the City of Winter Springs as $1,694,161,348;
WHEREAS, the City Commission of Winter Springs desires to adopt the final
operating millage rate and publicly announce the percent, if any, by which the final
operating millage rate is more than or less than the rolled -back rate, and adopt the final
voted debt service rate; and
WHEREAS, the City Commission of Winter Springs deems that this Resolution
is in the best interest of the public health, safety, and welfare of the citizens of Winter
Springs.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION
OF THE CITY OF WINTER SPRINGS, SEMINOLE COUNTY, FLORIDA, AS
FOLLOWS:
Section 1. Incorporation of Recitals. The foregoing recitals are deemed true and
correct and are hereby fully incorporated by this reference.
Section 2. The City Commission adopts its final operating millage rate of 2.4714
mills and its final voted debt service millage rate of 0.1100 mills for the fiscal year
commencing October 1, 2010 and ending September 30, 2011.
City of Winter Springs, Florida
Resolution 2010 -50
Page 1 of 2
Section 3. The final operating millage rate of 2.4714 mills is 6.40% less than the
computed rolled -back rate of 2.6404 mills.
Section 4. Within three (3) days of the date of this Resolution, the Finance Director
shall forward the Resolution adopting the final millage rates to the Seminole County
Property Appraiser and the Seminole County Tax Collector.
Section 5. Within thirty (30) days of the date of this Resolution, the Finance Director
shall certify compliance with Chapter 200, Florida Statutes by causing the Certification
of Compliance, along with all necessary documentation, to be sent to the Property Tax
Administration of the Department of Revenue.
Section 6. 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 7. 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 8. Effective Date. This Resolution shall become effective immediately upon
adoption by the City Commission of the City of Winter Springs, Florida.
RESOLVED by the City Commission of the City of Winter Springs, Florida, in a public
hearing assembled on this 27 day of September 2010.
John F. Bush, Mayor
ATTEST:
Andrea Lorenzo - Luaces, City Clerk
Approved as to legal form and sufficiency for
The City of Winter Springs only:
Anthony A. Garganese, City Attorney
City of Winter Springs, Florida
Resolution 2010 -50
Page 2 of 2
RESOLUTION NO. 2010-50
A RESOLUTION OF THE CITY OF WINTER SPRINGS,
FLORIDA, ADOPTING THE FINAL OPERATING MILLAGE
RATE AND THE FINAL VOTED DEBT SERVICE MILLAGE
RATE FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL
YEAR COMMENCING ON OCTOBER 1, 2010 AND ENDING ON
SEPTEMBER 30, 2011; ANNOUNCING THE PERCENTAGE BY
WHICH THE FINAL OPERATING MILLAGE RATE IS LESS
THAN 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 of Seminole County,
Florida, on September 27, 2010, adopted Fiscal Year 2010 -2011 Final Millage Rates
following a public hearing as required by Florida Statute 200.065;
WHEREAS, the City Commission of Winter Springs of Seminole County,
Florida, held a public hearing as required by Florida Statute 200.065;
WHEREAS, the gross taxable value for operating purposes not exempt from
taxation within Seminole County has been certified by the Seminole County Property
Appraiser to the City of Winter Springs as $1,694,161,348;
WHEREAS, the City Commission of Winter Springs desires to adopt the final
operating millage rate and publicly announce the percent, if any, by which the final
operating millage rate is more than or less than the rolled -back rate, and adopt the final
voted debt service rate; and
WHEREAS, the City Commission of Winter Springs deems that this Resolution
is in the best interest of the public health, safety, and welfare of the citizens of Winter
Springs.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION
OF THE CITY OF WINTER SPRINGS, SEMINOLE COUNTY, FLORIDA, AS
FOLLOWS:
Section 1. Incorporation of Recitals. The foregoing recitals are deemed true and
correct and are hereby fully incorporated by this reference.
Section 2. The City Commission adopts its final operating millage rate of 2.4714
mills and its final voted debt service millage rate of 0.1100 mills for the fiscal year
commencing October 1, 2010 and ending September 30, 2011.
City of Winter Springs, Florida
Resolution 2010 -50
Page 1 of 2
Section 3. The final operating millage rate of 2.4714 mills is 6.40% less than the
computed rolled -back rate of 2.6404 mills.
Section 4. Within three (3) days of the date of this Resolution, the Finance Director
shall forward the Resolution adopting the final millage rates to the Seminole County
Property Appraiser and the Seminole County Tax Collector.
Section 5. Within thirty (30) days of the date of this Resolution, the Finance Director
shall certify compliance with Chapter 200, Florida Statutes by causing the Certification
of Compliance, along with all necessary documentation, to be sent to the Property Tax
Administration of the Department of Revenue.
Section 6. 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 7. 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 8. Effective Date. This Resolution shall become effective immediately upon
adoption by the City Commission of the City of Winter Springs, Florida.
RESOLVED by the City Commission of the City of Winter Springs, Florida, in a public
hearing assembled on this 27 day of September 2010.
J n F. Bush, Mayor
ATT RS :
r
A drel enzo- Luaces, City Clerk
Approved as to legal form and sufficiency for
The i f Winter Springs only:
Anthony A. Garganese, City Attorney
City of Winter Springs, Florida
Resolution 2010 -50
Page 2 of 2