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HomeMy WebLinkAboutResolution 2003-32 Millage Rate RESOLUTION NUMBER 2003-32 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, FLORIDA, ESTABLISHING THE ROLLED-BACK RATE; COMPUTING A PROPOSED MILLAGE RATE; AND SETTING THE DATE, TIME AND PLACE OF A PUBLIC HEARING TO CONSIDER THE TENTATIVE MILLAGE RATE AND TENTATIVE BUDGET FOR FISCAL YEAR 2003-2004; PROVIDING FOR THE REPEAL OF PRIOR INCONSISTENT RESOLUTIONS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Florida Statute 200.065 (2) (a) 1. expressly provides that municipalities shall compute a proposed Millage rate; and WHEREAS, Florida Statute 200.065 (4) (b) requires that within 35 days of certification of value, each taxing authority shall advise the property appraiser of its proposed Millage rate, of its rolled-back rate, and of the date, time, and place at which a public hearing will be held to consider the proposed Millage rate and the tentative budget; and WHEREAS, Florida Statute 200.065 (4) (c) further requires that within 80 days of certification of value, but not earlier than 65 days after certification, the governing body of each taxing authority shall hold a public hearing on the tentative budget and tentative Millage rate. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, SEMINOLE COUNTY, FLORIDA, AS FOLLOWS: Section 1. Proposed Millal!e Rate. The proposed Millage rate cap for the City of Winter Springs, Florida for the Fiscal Year 2003-2004 is set at 4.4196 Mills and the computed aggregate rolled-back rate is 3.9362 Mills. In addition, the proposed Millage rate for the City of Winter Springs for voted debt service is 0.2500 Mills. Section 2. Public Hearinl!. A public hearing shall be held in the City Commission Chambers located at City Hall, 1126 East State Road 434, Winter Springs, Florida, on September 8,2003 at 6:30 P.M., or soon thereafter, to consider the adoption of the proposed millage rate and the tentative budget for Fiscal Year 2003-2004. Section 3. Repeal of Prior Inconsistent Resolutions. All prior inconsisten resolutions adopted by the City Commission are hereby repealed. Section 4. Effective Date. This Resolution shall take effect immediately upon its adoption. DONE AND ADOPTED in regular session of the City Commission of the City of Winter Springs, Florida this 28th day of July 2003. CITY OF WINTER SPRINGS John F. Bush, Mayor ATTEST: Andrea Lorenzo-Luaces City Clerk Resolution 2003-32 City of Winter Springs Page 2 of2