HomeMy WebLinkAbout2021 09 13 Public Hearing 400 - Tentative Millage Rate for Fiscal Year 2021-2022 and Related Advertising • PUBLIC HEARINGS AGENDA ITEM 400
,n m=ared CITY COMMISSION AGENDA I SEPTEMBER 13, 2021 REGULAR MEETING
1454
TITLE
Tentative Millage Rate for Fiscal Year 2021-2022 and Related Advertising
SUMMARY
The City Manager is requesting that the City Commission hold a Public
Hearing relative to the approval of Resolution 2021-12, which establishes the
Tentative Operating Millage Rate for Fiscal Year 2021-2022 for the City of
Winter Springs. The proposed operating millage rate established by the
Commission on July 12, 2021 (millage cap) was set at 2.4100 mills as
submitted on the DR- 420. The proposed operating millage rate is 4.21% more
than the rolled-back rate of 2.3127 mills. It is recommended that the tentative
operating millage rate not vary from the proposed operating millage rate of
2.4100 mills. The decision to levy an operating millage rate of 2.4100 mills as
opposed to the rolled-back rate of 2.3127 mills will result in additional ad
valorem General Fund revenue of$369,257 (net of statutory discount).
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 for September 27, 2021 at 6:30 P.M.
However, the tentative operating millage rate that is established cannot be
exceeded at the final hearing. As such, it is recommended that the City
Commission set the tentative operating millage rate equivalent to the
proposed operating millage cap of 2.4100 mills. The City Commission may
reduce the operating millage rate at the final hearing.
RECOMMENDATION
Staff recommends the City Commission dopt Resolution 2021-12, which
establishes the Tentative Operating Millage Rate for Fiscal Year 2021-2022 for
the City of Winter Springs at 2.4100 mills which is 4.21% more than the rolled-
back rate of 2.3127 mills and authorize the City to advertise in a newspaper of
general circulation the City's intent to hold public hearings to adopt final
millage rate and final budget in compliance with Florida Statute 200.065.
129
A ' sample' motion which includes the necessary elements for statutory
compliance is as follows:
1 move to approve Resolution 2021-12 establishing the tentative Fiscal Year 2021-
2022 operating millage rate for the City of Winter Springs at 2.4100 mills and
publicly announce that the tentative operating millage rate of 2.4100 mills is
4.21% greater than the computed rolled-back rate of 2.3127 mills and
authorizing advertisement of the City's intent to hold public hearings to adopt the
final millage rate and budget.
130
RESOLUTION 2021-12
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 1,2021 AND ENDING ON SEPTEMBER
309 2022; ANNOUNCING THE PERCENTAGE BY WHICH THE
TENTATIVE OPERATING MILLAGE RATE IS MORE 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 apublic hearing
on the tentative millage rates 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 more than the rolled-back rate;
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; and
WHEREAS, the gross taxable value for operating purposes not exempt from taxation
within Winter Springs has been certified by the Seminole County Property Appraiser to the City
of Winter Springs on line 4 of the DR420 as $2,867,838,505.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF WINTER SPRINGS,SEMINOLE COUNTY, FLORIDA, AS FOLLOWS:
Section 1. Recitals. The foregoing recitals are deemed true and correct and are
hereby fully incorporated by this reference.
Section 2. Tentative Millage. The City Commission adopts its tentative operating
millage rate of 2.4100 for the fiscal year commencing October 1,2021 and ending September 30,
2022.
Section 3. Rolled-back Rate. The tentative operating millage rate of 2.4100 mills
is more than the computed rolled-back rate of 2.3127 by 4.21%.
Section 4. Advertisement. Within fifteen (15) days of the date of this Resolution, the
Finance Department 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 2021-12
Page 1 of
131
Section 5. Repeal of Prior Inconsistent Resolutions. All prior resolutions or parts
of resolutions in conflict herewith are hereby repealed to the extent ofthe 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 onthis 13thday of September,2021.
Kevin McCann,Mayor
ATTEST:
Christian Gowan, 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 2021-12
Page 2of2
132