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HomeMy WebLinkAboutResolution 2001-38 Millage Rate RESOLUTION NO. 2001-38 A RESOLUTION OF THE CITY OF WINTER SPRINGS, FLORIDA, ADOPTING THE TENTATIVE MILLAGE RATE FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2001 AND ENDING ON SEPTEMBER 30, 2002; ANNOUNCING THE PERCENTAGE BY WHICH THE RECOMPUTED PROPOSED MILLAGE RATE EXCEEDS 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 has held a public hearing on the tentative millage rate pursuant to Florida Statute 200.065, Subparagraph (c); and WHEREAS, the City Commission of Winter Springs desires to adopt the tentative millage rate and publicly announce their percentage change by which the recomputed proposed millage rate exceeds the rolled-back rate. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, AS FOLLOWS: Section 1. The City Commission adopts its tentative millage rate of 3.9400 mills for the fiscal year commencing October 1,2001 and ending September 31, 2002. Section 2. The tentative millage rate of 3.9400 mills is more than the computed rolled-back rate of 3.3528 by 17.51%. Section 3. 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 a millage rate and budget and shall hold a public hearing to finalize the budget and adopt a millage rate not less than two (2) days or more than five (5) days after the date of the advertisement is first published. Section 4. 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 All prior resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of the conflict.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 5. 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 6. Effective Date. This Resolution shall become effective immediately upon adoption by the City Commission of the City of Winter Springs, Florida. ADOPTED by the City Commission of the City of Winter Sprin.gs, Florida, in a regularly scheduled Public Hearing assemb this 10th day of September 2001. PAUL PARTYKA, MAYOR ATTEST: ANDREA LORENZO-LUACES CITY CLERK NOTICE OF PROPOSED TAX INCREASE The City of Winter Springs. has tentatively adopted a measure to increase its property tax levy. Last year's property tax levy: A. Initially proposed tax levy ......... .$3,780,643 B. Less tax reductions due to Value Adjustment Board and other assessment charges ................ .$9,161 C. Actual property tax levy ........... .$3,771,482 This year's proposed tax levy ....... .$4,656,660 All concerned citizens are invited to attend a public hearing on the tax increase to be held on .. Monday, September 24, 2001 6:30 RM. at Commission Chambers Winter Springs City Hall 1126 East State Road 434 Winter Springs, Florida 32708 A FINAL DECISION on the proposed tax increase and the budget will be made at this hearing. BUDGET SUMMARY CITY OF WINTER SPRINGS FISCAL YEAR 2001-2002 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF WINTER SPRINGS ARE 26.6% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES