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HomeMy WebLinkAbout2012 09 24 Public Hearing 500 Resolution 2012-31 Final Millage 2013COMMISSION AGENDA ITEM 500 September 24, 2012 Regular Meeting REQUEST: Informational Consent Public Hearings X Regular KS City Manager HE Department The City Manager is requesting that the City Commission hold a Public Hearing relative to the approval of Resolution No. 2012 -31, which establishes the Final Operating Millage Rate and the Final Voted Debt Service Millage Rate for Fiscal Year 2012 -2013 for the City of Winter Springs. SYNOPSIS: The purpose of this agenda item is to have the Commission consider approval of Resolution No. 2012 -31, otherwise known as the Final Millage Rates for Fiscal Year 2012 -2013. CONSIDERATIONS: On September 10, 2012, the Commission adopted a tentative operating millage rate of 2.4300 mills and a tentative voted debt service millage rate of 0.1100 mills for a total tentative millage rate of 2.5400 mills. Tonight the Commission will set the final millage rates which cannot exceed the tentative millage rates. The vote to adopt a tentative operating millage rate of 2.4300 will only require a simple majority as it is less than the majority vote maximum millage rate as calculated on the Maximum Millage Levy Calculation Preliminary Disclosure Form (DR- 420MM -P). 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 requires a subsidy from the General Fund to the Central Winds Debt Service Fund in the Public Hearings 500 PAGE 1 OF 2 - September 24, 2012 amount of $27,000. 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 -31, the millage rates for fiscal year 2012 -2013 will be communicated to the Seminole County Property Appraiser and the Seminole County Tax Collector as the millage rates to be levied by the City of Winter Springs for the 2012 tax year (Fiscal Year 2012 - 2013). RECOMMENDATION: It is recommended that the Commission adopt Resolution No. 2012 -31 establishing the final operating millage rate at whatever rate the Commission deems necessary for fiscal year 2012 -2013 (not to exceed 2.4300 mills), the final voted debt service millage rate at 0.1100 mills for fiscal year 2012 -2013 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. 2012 -31 establishing the final operating millage rate at 2.4300 mills, establishing the voted debt service millage rate at 0.1100 mills and publicly announce that the final operating millage rate is 2.25% less than the computed rolled -back rate of 2.4859 mills. ATTACHMENTS: Resolution No. 2012 -31 Public Hearings 500 PAGE 2 OF 2 - September 24, 2012 RESOLUTION NO. 2012 -31 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, 2012 AND ENDING ON SEPTEMBER 30, 2013; 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 24, 2012, adopted Fiscal Year 2012 -2013 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 $1,575,505,268; 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 tale and correct and are hereby fully incorporated by this reference. Section 2. The City Commission adopts its final operating millage rate of 2.4300 mills and its final voted debt service millage rate of 0.1100 mills for the fiscal year commencing October 1, 2012 and ending September 30, 2013. City of Winter Springs, Florida Resolution 2012 -31 Page 1 of 2 Section 3. The final operating millage rate of 2.4300 mills is 2.25% less than the computed rolled -back rate of 2.4859 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 24th 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 -31 Page 2 of 2