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RESOLUTION NO. 26-16 <br /> A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF <br /> TEQUESTA, FLORIDA, ADOPTING THE FINAL MILLAGE RATE FOR <br /> LEVYING OF AD VALOREM TAXES FOR THE VILLAGE OF <br /> TEQUESTA, PALM BEACH COUNTY, FLORIDA FOR FISCAL YEAR <br /> COMMENCING ON OCTOBER 1, 2016 AND ENDING ON SEPTEMBER <br /> 30, 2017; PROVIDING FOR SEVERABILITY; PROVIDING AN <br /> EFFECTIVE DATE; AND FOR OTHER PURPOSES. <br /> WHEREAS, the Village of Tequesta, Palm Beach County, Florida, on September 15, <br /> 2016, adopted Fiscal Year Final Millage Rates following a public hearing as required by Florida <br /> Statute 200.065; and <br /> WHEREAS, the Village of Tequesta of Palm Beach County, Florida held a public hearing <br /> as required by Florida Statute 200.065; and <br /> WHEREAS, the gross taxable value for operating purposes not exempt from t´┐Żation <br /> within Palm Beach County has been certified by the County Property Appraiser to the Village of <br /> Tequesta as $1,003,561,205; and <br /> WHEREAS, pursuant to the provisions of Chapter 200, Florida Statutes, the Village of <br /> Tequesta has the power to levy ad valorem taxes against real property and tangible personal <br /> property in accordance with state law. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE OF TEQUESTA, PALM <br /> BEACH COUNTY, FLORIDA, THAT: <br /> Section 1 The operating millage rate for the fiscal year beginning October l, 2016 and <br /> ending September 30, 2017 is 6.292 mills which is above the rolled-back rate of 5.8549 by 7.47%. <br /> Section 2 This Resolution shall take effect immediately upon its adoption by the <br /> Village Council. <br />