HomeMy WebLinkAboutResolution_38-02/03_07/10/2003RESOLUTION NO. 38-02/03
A RESOLUTION OF THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY,
FLORIDA, SETTING THE PROPOSED AD VALOREM
MILEAGE RATE FOR THE VILLAGE OF TEQUESTA FOR
FISCAL YEAR 2003/2004 AT A RATE OF 6.4980 MILS PER
$1000.00 OF ASSESSED VALUE, AND THE COMPUTED
ROLLED-BACK RATE OF 6.0666 MILS PER $1000.00 OF
ASSESSED VALUE.
NOW, THEREFORE, be it resolved by the Village Council of the Village of
Tequesta, Palm Beach County, Florida:
Section I: The proposed millage rate of 6.4980 mils per $1000.00 of assessed
value, necessary to fund the tentative budgets for the Fiscal Year of 2003/2004 is
hereby set.
Section II: The proposed millage rate of 6.4980 mils per $1000 of assessed value
~! for the Fiscal Year of 2003/2004 is 7.111% greater than the rolled-back millage rate
of 6.0666 mils per $1000.00 of assessed value.
The foregoing Resolution was offered by Vice Mayor von Frank who moved its
adoption. The motion was seconded by Council Member Genco_, and upon being
put to vote, the vote was as follows:
FOR ADOPTION
Mayor Resnik
Vice Mayor von Frank
Council Member Genco
Council Member Capretta
Council Member Watkins
AGAINST ADOPTION
The Mayor thereupon declared the Resolution duly passed and adopted this 10~' day
of July, 2003.
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~.,~ ~-~.
Mayor Edward D. Resnik
ATTEST
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Village Cl rk Mary Miles
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CERTIFICATE OF TAXABLE VALUE
SECTION 1 2003 Year
PALM BEACH COUNTY To: TEQUESTA
(1) Current Year Taxable Value of Real Property for Operating Purposes $ 576,386,400
(2) Current Year Taxable Value of Personal Propety for Operating Purposes $ 19,397,451
Curtent Year Taxable Value of Centrally Assessed for Operating Purposes $ 285,425
(4) Current Year Gross taxable Value for Operating Purposes (1 + (2) + (3) $ 596,069,276
(5) Curtent Year Net New Taxable Value (New Construction + Additions + Rehabilitative $ 15,767,559
Improvements Increasing Assed Value By At Least 100% + Annexations -Deletions)
(6) Current Year Adjusted Taxable Value (4) - (5) $ 580,301,717
m Prior Year Final Gross Taxable Value (From Prior Year Applicable form DR-403 Series) $ 523,061,602
SECTION II
(8) Prior Year Operating Millage Levy 6.7305
(9) Prior Year Ad Valorem Proceeds m X (8) $ 3,520,466
(10) Curtent Year Rolled-Back Rate (9) / ((6) 6.0666
(11) Curtent Year Proposed Operating Millage Rate 6.4980
(12) Check one (1) TYPE of Taxing Authority
- Municipality
(13) IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE
(14) Current Year illage Levy for VOTED DEBT SERVICE $ -
(15) Current Year OTHER VOTED MILEAGE $ -
DEPENDENTSPECIAL DISTRICTS SKIP lines (16) through (22)
(16) Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENT Special Districts $ -
8 MSTU's levying a millage. (The sum of Line (9) from each District's Form DR-420)
(17) Total Prior Year Proceeds: (9) + (16) $ 3,520,466
(18) The Curtent Year Aggregate Rolled-back Rate: (17) / (6) 6.0666
(19) Curtent Year Aggregate Rolled-back Taxes (4) X (18) ' 6,1
(20) Enter Total of all non-voted Ad Valorem Taxes proposed to be levied by the Principal
Taxing Authority, all Dependent Districts, & MSTU's if any. Line (11) X Llne (4) $ 3,873,258
(21) Current Year Proposed Aggregate Millage Rate: (20) / (4) 6.4980
(22) Current Year Proposed Rate as a PERCENT CHANGE OF Rolled-back Rate:
<(Line 21 /Line 18) - 1.00> X 100 7.111
Date, Time and Place of the first Public Budget Hearing: