HomeMy WebLinkAboutDocumentation_Regular_Tab 11KL_7/23/1998 11!!E'l
Memorandum
To: Village Council
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From: Thomas G. Bradford, Village Manager //y4
Date: July 16, 1998
Subject: Adoption of the Proposed FY 1999 Millage Rate,
Computed Rolled-Back Millage Rate and Date, Time, and
Place of the First and Final Budget Hearings; Agenda
Items
All of the above-referenced items need to be adopted at your
meeting on July 23, 1998, so that the same can be provided to the
applicable County authorities so that this information can be
included on the Notice of Proposed Property Taxes provided to
each property owner in August. The proposed millage rate is
6 .7967, a 2 . 5% millage rate increase over the current millage
rate of 6 . 6310 . This rate is provided pursuant to the Village
Council discussions at your Budget Workshop Meeting on July 14th.
You may reduce the proposed millage rate at your first and final
budget hearings in September, should you so choose.
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The computed, rolled-back millage rate is -6 44-0-0-.
The first public hearing is scheduled for Thursday, September 10,
1998 at 7 : 00 P.M. The second and final public hearing is
scheduled for Tuesday, September 22, 1998 at 7 : 00 P.M. The first
and final public hearings cannot conflict with the public
hearings scheduled by the Palm Beach County School Board and the
Palm Beach County Commission. This is the explanation for the
final public hearing being held on a Tuesday. Please mark your
calendars for these dates and times .
It is recommended that the Village Council adopt all of the
above-referenced items at your meeting on July 23 , 1998 .
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TGB/ecr
council\071698-3.sam
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