HomeMy WebLinkAbout2010 09 13 Public Hearing 500 Resolution 2010-45 Establishes The Tentative Operating Millage Rate For Fiscal Year 2010-2011 FIRST ITEM OF THE EVENING
COMMISSION AGENDA
CONSENT
ITEM 500 INFORMATIONAL
PUBLIC HEARING XX
REGULAR
September 13, 2010 �, MGR //DEPT.
Meeting 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. 2010 -45, which establishes the Tentative
Operating Millage Rate for Fiscal Year 2010 -2011 for the City of Winter Springs at 2.4714
mills which is 6.40% less than the rolled -back rate of 2.6404 mills and the Tentative Voted
Debt Service Millage Rate for Fiscal Year 2010 -2011 for the City of Winter Springs at
0.1100 mills.
SYNOPSIS: The purpose of this agenda item is to have the Commission approve Resolution
No. 2010 -45, otherwise known as the Tentative Millage Rates for Fiscal Year 2010 -2011.
CONSIDERATIONS:
• On July 26, 2010, the Commission established the 2010 -2011 proposed operating millage
rate (millage cap) at 2.4714 mills and the proposed voted debt service millage rate at 0.1100
mills. The proposed operating millage rate of 2.4714 as submitted on the DR -420 is 6.40%
less than the rolled -back rate of 2.6404 mills. Resolution No. 2010 -45 will establish the
2010 -2011 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 2009 -2010 is 2.4714 mills. The voted debt
service millage for the current fiscal year 2009 -2010 is 0.1100 mills.
• The FY 2010 -2011 Proposed Budget also reflected an operating millage rate of 2.4714 mills
and a voted debt service rate of 0.1100 mills.
• 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 27, 2010 at 5:15 p.m. However, 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
091310_COMM_ Public _Hearing_500_Tentative_Millage
operating millage cap of 2.4714 mills. The Commission may reduce the operating millage
rate at the final hearing.
FISCAL IMPACT:
The decision to levy an operating millage rate of 2.4714 mills as opposed to the rolled -back rate
of 2.6404 mills results in reduced ad valorem General Fund revenues of approximately $288,000.
The decision to maintain the voted debt service millage rate at 0.1100 mills required a subsidy
from the General Fund to the Central Winds Debt Service Fund in the amount of $44,000.
COMMUNICATION EFFORTS:
Upon approval and adoption of Resolution No. 2010 -45, the appropriate advertising will run in
the Orlando Sentinel on September 23, 2010 which will reflect the tentative millage rates for
Fiscal Year 2010 -2011 and announce the final Public Hearing on September 27, 2010 at 5:15
p.m.
ATTACHMENTS:
Resolution No. 2010 -45
RECOMMENDATION:
• Recommend that the Commission adopt Resolution No. 2010 -45 establishing the tentative
operating millage rate at 2.4714 mills and tentative voted debt service millage rate at 0.1100
mills for fiscal year 2010 -2011.
• Recommend that the Commission adopt Resolution No. 2010 -45 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.
091310_COMM_ Public _Hearing_500_Tentative_Millage
RESOLUTION NO. 2010-45
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, 2010 AND ENDING ON SEPTEMBER 30, 2011;
ANNOUNCING THE PERCENTAGE BY WHICH THE
TENTATIVE OPERATING MILLAGE RATE IS LESS THAN
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 is less than 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 2.4714 mills
and its tentative voted debt service millage rate of 0.1100 mills for the fiscal year commencing
October 1, 2010 and ending September 30, 2011.
Section 3. The tentative operating millage rate of 2.4714 mills is less than the computed
rolled -back rate of 2.6404 by 6.40 %.
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 2010 -45
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.
RESOLVED by the City Commission of the City of Winter Springs, Florida, in a regular
meeting assembled on this 13 day of September, 2010.
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 2010 -45
Page 2 of 2
RESOLUTION NO. 2010-45
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, 2010 AND ENDING ON SEPTEMBER 30, 2011;
ANNOUNCING THE PERCENTAGE BY WHICH THE
TENTATIVE OPERATING MILLAGE RATE IS LESS THAN
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 is less than 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 2.4714 mills
and its tentative voted debt service millage rate of 0.1100 mills for the fiscal year commencing
October 1, 2010 and ending September 30, 2011.
Section 3. The tentative operating millage rate of 2.4714 mills is less than the computed
rolled -back rate of 2.6404 by 6.40 %.
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 2010 -45
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.
RESOLVED by the City Commission of the City of Winter Springs, Florida, in a regular
meeting assembled on this 13 day of September, 2010.
Joh i f . Bush, Mayor
ATT ST:,
i jI
Al "eg orenzo- Luaces, City Clerk
Approved as to legal form and sufficiency for
The ' inter Springs only:
Anthony A. Garganese, City Attorney
City of Winter Springs, Florida
Resolution 2010 -45
Page 2 of 2