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HomeMy WebLinkAbout2020 09 28 Public Hearing 400 - Final Millage Rate for Fiscal Year 2020-2021 • PUBLIC HEARINGS AGENDA ITEM 400 ,n m=ared CITY COMMISSION AGENDA I SEPTEMBER 28, 2020 REGULAR MEETING 1959 TITLE Final Millage Rate for Fiscal Year 2020-2021 SUMMARY On September 14, 2020, the Commission adopted a tentative operating millage rate of 2.4100 mills.Tonight the Commission will set the final millage rate which cannot exceed the tentative millage rate. The decision to levy an operating millage rate of 2.4100 mills as opposed to the rolled-back rate of 2.3124 mills results in additional ad valorem General Fund revenues of approximately $254,643 (net of statutory discount) RECOMMENDATION Staff recommends the City Commission adopt Resolution 2020-16 establishing the final operating millage rate at whatever rate the Commission deems appropriate for fiscal year 2020-2021 (not to exceed 2.4100 mills) and publicly announce the percentage by which the final operating millage rate is more than the rolled-back rate. A'sample' motion which includes the necessary elements for statutory compliance follows: 1 move to approve Resolution 2020-16 establishing the final Fiscal Year 2020-2021 operating millage rate for the City of Winter Springs at 2.4100 mills and publicly announce that the final operating millage rate is 4.22%more than the computed rolled-back rate of 2.3124 mills. 191 RESOLUTION 2020-16 A RESOLUTION OF THE CITY OF WINTER SPRINGS, FLORIDA, ADOPTING THE FINAL OPERATING MILLAGE RATE FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2020 AND ENDING ON SEPTEMBER 30, 2021; 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 28, 2020, adopted Fiscal Year 2020-2021 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 $2,717,747,990; 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. The City Commission adopts its final operating millage rate of 2.4100 mills for the fiscal year commencing October 1, 2020 and ending September 30, 2021. Section 3. The final operating millage rate of 2.4100 mills is 4.22% more than the computed rolled-back rate of 2.3124 mills. City of Winter Springs, Florida Resolution 2020-16 Page 1 of 2 192 Section 4. 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. 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 28th day of September 2020. Charles Lacey, 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 2020-16 Page 2 of 2 193