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Home My WebLink About2007 09 10 Public Hearing 500 Resolution 2007-40 Tentative Operating Millage Rate FIRST ITEM OF THE EVENING COMMISSION AGENDA ITEM 500 CONSENT INFORMATIONAL PUBLIC HEARING XX REGULAR September 10, 2007 Meeting MGR ~ /DEPT. @ Authorization PUBLICLY ANNOUNCE THE REQUEST REQUEST: The City Manager is requesting that the City Commission hold a Public Hearing relative to the approval of Resolution No. 2007-40, which establishes the Tentative Operating Millage Rate for Fiscal Year 2007-2008 for the City of Winter Springs at 4.2919 mills which is 9.20% above the rolled-back rate of 3.9303 mills and the Tentative Voted Debt Service Millage Rate for Fiscal Year 2007-2008 for the City of Winter Springs at 0.1022 mills. PURPOSE: The purpose of this agenda item is to have the Commission approve Resolution No. 2007-40, otherwise known as the Tentative Millage Rates for Fiscal Year 2007-2008. CONSIDERATIONS: · On July 23, 2007, the Commission established the 2007-2008 proposed operating millage rate (millage cap) at 4.2919 mills and the proposed voted debt service millage rate at 0.1022 mills. The proposed operating millage rate of 4.2919 as submitted on the DR420 is 9.20% above the rolled-back rate. Resolution No. 2007-40 will establish the 2007-2008 tentative millage rates. It is recommended that the tentative millage rates not vary from the proposed millage rates that were previously established. · The operating millage for the current fiscal year 2006-2007 is 4.2919 mills. The voted debt service millage for the current fiscal year 2006-2007 is 0.1100 mills. · The Preliminary Budget as recommended by the City Manager for FY 2007-2008 reflected an operating millage rate of 4.1652 mills. · The rolled-back rate for fiscal year 2007-2008 is 3.9303 mills. The following chart reflects the operating millage options along with the requisite vote. 091007_ COMM _ Public _ HearinL 500 _Tentative _ Millage. doc o Operating Millage Rate Ran e 3.5766 or less 3.5767 - 3.9303 3.9304 - 4.2919 4.2920 or reater Re uired Vote Ma'orit Two-thirds Unanimous Referendum Not an option - exceeds milla e ca of 4.2919 . 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 24, 2007 at 5: 15 p.m. The tentative millage rates that are established tonight can not be exceeded at the final hearing. As such, it is recommended that the Commission set the tentative operating millage rate equivalent to the proposed operating millage cap of 4.2919 mills. The Commission may reduce the operating millage rate at the final hearing. . RECOMMENDATION: · Recommend that the Commission adopt Resolution No. 2007-40 establishing the tentative operating millage rate at 4.2919 mills for fiscal year 2007-2008 and the tentative voted debt service millage rate at 0.1022 mills for fiscal year 2007-2008. · Recommend that the Commission adopt Resolution No. 2007-40 authorizing the City to advertise the City's intent to hold public hearings to adopt final millage rates and final budget in a newspaper of general circulation in compliance with Florida Statute 200.065. IMPLEMENTATION SCHEDULE: Upon approval and adoption of Resolution No. 2007-40, the appropriate tax notice will be advertised in the Orlando Sentinel on September 20, 2007 reflecting the tentative levy for Fiscal Year 2007-2008 and announcing the final Public Hearing on September 24,2007 at 5:15 p.m. ATTACHMENTS: Resolution No. 2007-40 COMMISSION ACTION: 091007_ COMM _ Public _ Hearing_ 500_ Tentative _ Millage. doc RESOLUTIQN NO. 2007-40 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, 2007 AND ENDING ON SEPTEMBER 30, 2008; ANNOUNCING THE PERCENTAGE BY WHICH THE TENTATIVE OPERATING MILLAGE RATE EXCEEDS 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 a public hearing on the tentative millage rate 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 exceeds the rolled-back rate, and adopt the tentative voted debt service rate; and 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. 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 tentative operating millage rate of 4.2919 mills and its tentative voted debt service millage rate of 0.1022 mills for the fiscal year commencing October 1,2007 and ending September 30,2008. Section 3. The tentative operating millage rate of 4.2919 mills is more than the computed rolled-back rate of3.9303 by 9.20%. Section 4. 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 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 2007-41 Page 1 of 2 Section 5. 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 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. RESOL VED by the City Commission of the City of Winter Springs, Florida, in a regular meeting assembled on this loth day of September, 2007. John F. Bush, Mayor ATTEST: Andrea Lorenzo-Luaces, 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 2007-41 Page 2 of 2 RESOLUTION NO. 2007-40 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, 2007 AND ENDING ON SEPTEMBER 30,2008; ANNOUNCING THE PERCENTAGE BY WHICH THE TENTATIVE OPERATING MILLAGE RATE EXCEEDS 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 a public hearing on the tentative millage rate 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 exceeds the rolled-back rate, and adopt the tentative voted debt service rate; and 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. 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 tentative operating millage rate of 4.2919 mills and its tentative voted debt service millage rate of 0.1022 mills for the fiscal year commencing October 1,2007 and ending September 30,2008. Section 3. The tentative operating millage rate of 4.2919 mills is more than the computed rolled-back rate of3.9303 by 9.20%. Section 4. 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 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 2007-40 Page 1 of 2 Section 5. 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 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. Approved as to legal form and sufficiency for The Ci of Winter Springs only: Anthony A. Garganese, City Attorney City of Winter Springs, Florida Resolution 2007-40 Page 2 of 2 RESOLUTION NO. 2007-43 A RESOLUTION OF THE CITY OF 'WINTER SPRINGS, FLORIDA, ADOPTING THE FINAL OPERATING MILLAGE RATE AND THE FINAL VOTED DEBT SERVICE MILLAGE RATE FOR THE CITY OF WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2007 AND ENDING ON SEPTEMBER 30, 2008; ANNOUNCING THE PERCENTAGE BY WHICH THE FINAL OPERATING MILLAGE RATE IS LESS 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 24, 2007, adopted Fiscal Year 2007-2008 Final Millage Rates 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 200.0065; 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 as $2,221,298,940; 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 adopt the final voted debt service 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 3.2496 mills and its final voted debt service millage rate of 0.1022 mills for the fiscal year commencing October 1, 2007 and ending September 30,2008. City of Winter Springs, Florida Resolution 2007-43 Page 1 of 2 Section 3. The final operating millage rate of 3.2496 mills is 17.32% less than the computed rolled-back rate of 3 .9303 mills. 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 24th day of September, 2007. ')~ A orenzo-Luaces, City Clerk legal form and sufficiency for ter Springs only: nthony A. Garganese, City Attorney City of Winter Springs, Florida Resolution 2007-43 Page 2 of 2 '