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HomeMy WebLinkAboutResolution_45-19_9/19/2019RESOLUTION NO. 45-19 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, ADOPTING THE FINAL MILLAGE RATE FOR THE LEVYING OF AD VALOREM TAXES FOR THE VILLAGE OF TEQUESTA FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2019 AND ENDING ON SEPTEMBER 30, 2020; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the Village Council of the Village of Tequesta has determined the sum of $21,736,400.00 will be required to operate the Village during the next fiscal year; and WHEREAS, the Real Estate and Personal Property Tax Roll for the current calendar year as accepted evidences a total nonexempt valuation of $1,173,392,973.00; and WHEREAS, pursuant to the provisions of Chapter 200, Florida Statutes, the Village of Tequesta has the power to levy ad valorem taxes against real property and tangible personal property in accordance with state law; and NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, THAT: Section 1: The Village Council of the Village of Tequesta does hereby adopt its final millage rate of 6.6290 mills to be levied for the general fund upon all real and tangible personal property located with the boundaries of the above named taxing authority. Section 2: The final levy of 6.6290 mills represents a 10.15% increase over the rolled -back rate of 6.0179 mills. Section 3: This final millage rate of 6.6290 mills is levied to fund expenses for the fiscal year commencing October 1, 2019 and ending September 30, 2020. Section 4: This Resolution shall take effect immediately upon its adoption by the Village Council. RESOLUTION 45-19 Motion Second Date C��'II�E:IP0we Council Member Vince Arena Council Member Kyle Stone VOTE FOR ADOPTION AGAINST ADOPTION ABSENT Mayor Abigail Brennan Vice -Mayor Kristi Johnson Council Member Vince Arena Council Member Laurie Brandon Council Member Kyle Stone ✓❑ ❑ ❑ a ❑ ❑ ✓❑ ❑ ❑ The Mayor thereupon declared the Resolution duly passed and adopted. MAYOR OF TEQUESTA ATTEST: Brennizin r? SEAL `. INCORPORATED_: dl,� �iU(0LU_Aaq_1.. Lori McWilliams, MMC Village Clerk