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HomeMy WebLinkAbout2021 09 27 Public Hearing 400 - Final Millage Rate for Fiscal Year 2021-2022 • PUBLIC HEARINGS AGENDA ITEM 400 ,n m=ared CITY COMMISSION AGENDA I SEPTEMBER 27, 2021 REGULAR MEETING 1959 TITLE Final Millage Rate for Fiscal Year 2021-2022 SUMMARY On September 13, 2021 the City Commission adopted a tentative operating millage rate of 2.4100 mills. Tonight the Commission will set the final operating millage rate which cannot exceed the tentative operating millage rate. 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). RECOMMENDATION Staff recommends the City Commission adopt Resolution 2021-14, establishing the Final 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. A ' sample' motion which includes the necessary elements for statutory compliance is as follows: 1 move to approve Resolution 2021-14 establishing the Final Fiscal Year 2021-2022 operating millage rate for the City of Winter Springs at 2.4100 mills and publicly announce that the final operating millage rate of 2.4100 mills is 4.21%greater than the computed rolled-back rate of 2.3127 mills. 232 RESOLUTION 2021-14 A RESOLUTION OF THE CITY COMMISSION OF WINTER SPRINGS, FLORIDA, ADOPTING THE F I N A L OPERATING MILLAGE RATE FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2021 AND ENDING ON SEPTEMBER 30, 2022; ANNOUNCING THE PERCENTAGE BY WHICH THE FINAL OPERATING MILLAGE RATE IS MORE 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, 2021, adopted Fiscal Year 2021-2022 Final Millage Rate 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 on line 4 of the DR420 as $2,867,838,505; 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 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. Final Millage. The City Commission adopts its final operating millage rate of 2.4100 mills for the fiscal year commencing October 1,2021 and ending September 30,2022. Section 3. Rolled-back Rate. The final operating millage rate of 2.4100 mills is 4.21% more than the computed rolled-back rate of 2.3127 mills. City of Winter Springs, Florida Resolution 2021-14 Page 1 of 233 Section 4. Submissions. Within three (3) days of the date of this Resolution, the Finance Director shall forward the Resolution adopting the final millage rate to the Seminole County Property Appraiser and the Seminole County Tax Collector. Section 5. Certification of Compliance. 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 onthis 27thday 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 2021-14 Page2of2 234