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HomeMy WebLinkAbout2012 09 10 Public Hearing 500 Resolution 2012-28 Tentative Millege COMMISSION AGENDA     Informational Consent ITEM500 Public Hearings X Regular       September 10, 2012KSSB Regular MeetingCity ManagerDepartment         REQUEST: The City Manager is requesting that the City Commission hold a Public Hearing relative to the approval of Resolution No. 2012-28, which establishes the Tentative Operating Millage Rate for Fiscal Year 2012-2013 for the City of Winter Springs at 2.4300 mills which is 2.25% less than the rolled-back rate of 2.4859 mills and the Tentative Voted Debt Service Millage Rate for Fiscal Year 2012-2013 for the City of Winter Springs at 0.1100 mills.   SYNOPSIS: The purpose of this agenda item is to have the Commission approve Resolution No. 2012- 28, otherwise known as the Tentative Millage Rates for Fiscal Year 2012-2013 and related advertising. CONSIDERATIONS: On July 23, 2012, the Commission established the 2012-2013 proposed operating  millage rate (millage cap) at 2.4300 mills and the proposed voted debt service millage rate at 0.1100 mills.  The proposed operating millage rate of 2.4300 as submitted on the DR-420 is 2.25% less than the rolled-back rate of 2.4859 mills.  Resolution No. 2012-28 will establish the 2012-2013 tentative millage rates.  It is recommended that the tentative millage rates not vary from the proposed millage rates that were previously established.  The operating millage for the current fiscal year 2011-2012 is 2.4500 mills.  The  voted debt service millage for the current fiscal year 2011-2012 is 0.1100 mills.  The FY 2012-2013 Proposed Budget as transmitted by the City Manager on June 29,  2012 incorporated an operating millage rate of 2.4300 mills and a voted debt service rate of 0.1100 mills. Public Hearings 500 PAGE 1 OF 2 - September 10, 2012 Any subsequent revisions by the City Commission to the tentative millage rates and/or the tentative budget will be reflected in the Final Millage and Final Budget Hearings scheduled the tentative millage rates that are for September 24, 2012 at 5:15 p.m.  However, established tonight can not be exceeded at the final hearing.  As such, it is recommended that the Commission set the tentative operating millage rate equivalent to the proposed operating millage cap of 2.4300 mills.  The Commission may reduce the operating millage rate at the final hearing. FISCAL IMPACT: The decision to levy an operating millage rate of 2.4300 mills as opposed to the rolled-back rate of 2.4859 mills results in reduced ad valorem General Fund revenues of approximately $85,000.  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 $27,000, which would have been larger had the Central Winds General Obligation Bond not been refinanced in 2012. COMMUNICATION EFFORTS: This Agenda Item has been electronically forwarded to the Mayor and City Commission, City Manager, City Attorney/Staff, and is available on the City’s Website, LaserFiche, and the City’s Server. Additionally, portions of this Agenda Item are typed verbatim on the respective Meeting Agenda which has also been electronically forwarded to the individuals noted above, and which is also available on the City’s Website, LaserFiche, and the City’s Server; has been sent to applicable City Staff, Media/Press Representatives who have requested Agendas/Agenda Item information, Homeowner’s Associations/Representatives on file with the City, and all individuals who have requested such information. This information has also been posted outside City Hall, posted inside City Hall with additional copies available for the General Public, and posted at five (5) different locations around the City. Furthermore, this information is also available to any individual requestors. City Staff is always willing to discuss this Agenda Item or any Agenda Item with any interested individuals.   Upon approval and adoption of Resolution No. 2012-28, the appropriate advertising will run in the Orlando Sentinel on September 20, 2012 which will reflect the tentative millage rates for Fiscal Year 2012-2013 and announce the final Public Hearing on September 24, 2012 at 5:15 pm. RECOMMENDATION: Recommend that the Commission adopt Resolution No. 2012-28 establishing the  tentative operating millage rate at 2.4300 mills and tentative voted debt service millage rate at 0.1100 mills for fiscal year 2012-2013. Recommend that the Commission adopt Resolution No. 2012-28 authorizing the City  to advertise the City’s intent to hold public hearings to adopt final millage rates and final budget in a newspaper of general circulation in compliance with Florida Statute 200.065. ATTACHMENTS: Resolution No. 2012-28 Public Hearings 500 PAGE 2 OF 2 - September 10, 2012 RESOLUTION NO. 2012-28 A RESOLUTION OF THE CITY COMMISSION OF WINTER SPRINGS, FLORIDA, ADOPTING THE TENTATIVE OPERATING MILLAGE RATE FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2012 AND ENDING ON SEPTEMBER 30, 2013; ANNOUNCING THE PERCENTAGE BY WHICH THE TENTATIVE OPERATING MILLAGE RATE IS LESS THAN THE ROLLED-BACK RATE; PROVIDING FOR REPEAL OF PRIOR INCONSISTENT RESOLUTIONS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS , the City Commission of the City of Winter Springs has held a public hearing on the tentative millage rate pursuant to Florida Statute 200.065, Subparagraph (c); WHEREAS , the City Commission of Winter Springs desires to adopt the tentative operating millage rate and publicly announce the percentage change by which the tentative proposed operating millage rate is less than the rolled-back rate, and adopt the tentative voted debt service rate; and WHEREAS , the City Commission of the City 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 tentative operating millage rate of 2.4300 mills and its tentative voted debt service millage rate of 0.1100 mills for the fiscal year commencing October 1, 2012 and ending September 30, 2013. Section 3. The tentative operating millage rate of 2.4300 mills is less than the computed rolled-back rate of 2.4859 by 2.25%. Section 4. 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 the millage rates and budget and shall hold a public hearing to adopt the millage rates and finalize the budget not less than two (2) days or more than five (5) days after the date the advertisement is first published. City of Winter Springs, Florida Resolution 2012-28 Page 1 of 2 Section 5.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 6.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 7.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 regular th meeting assembled on this 10 day of September, 2012. ________________________________ Charles Lacey , 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 2012-28 Page 2 of 2 RESOLUTION NO. 2012-28 A RESOLUTION OF THE CITY COMMISSION OF WINTER SPRINGS, FLORIDA, ADOPTING THE TENTATIVE OPERATING MILLAGE RATE FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2012 AND ENDING ON SEPTEMBER 30, 2013; ANNOUNCING THE PERCENTAGE BY WHICH THE TENTATIVE OPERATING MILLAGE RATE IS LESS THAN THE ROLLED-BACK RATE; PROVIDING FOR REPEAL OF PRIOR INCONSISTENT RESOLUTIONS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Winter Springs has held a public hearing on the tentative millage rate pursuant to Florida Statute 200.065, Subparagraph(c); WHEREAS, the City Commission of Winter Springs desires to adopt the tentative operating millage rate and publicly announce the percentage change by which the tentative proposed operating millage rate is less than the rolled-back rate, and adopt the tentative voted debt service rate; and WHEREAS, the City Commission of the City 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 tentative operating millage rate of 2.4300 mills and its tentative voted debt service millage rate of 0.1100 mills for the fiscal year commencing October 1, 2012 and ending September 30, 2013. Section 3. The tentative operating millage rate of 2.4300 mills is less than the computed rolled-back rate of 2.4859 by 2.25%. Section 4. 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 the millage rates and budget and shall hold a public hearing to adopt the millage rates and finalize the budget not less than two (2) days or more than five (5) days after the date the advertisement is first published. City of Winter Springs, Florida Resolution 2012-28 Page 1 of 2 Section 5. 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 6. 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 7. 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 regular meeting assembled on this 10th day of September, 2012. ar,•sacey, ATT : re, And 4 Lore -Luaces, City Clerk Approved as to legal form and sufficiency for The City inter Springs only: '� G Anthony A. Garganese, City Attorney City of Winter Springs,Florida Resolution 2012-28 Page 2 of 2