HomeMy WebLinkAboutDocumentation_Regular_Tab 10E_7/20/2000 - C( / E
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4oif• COUN�� MEMORANDUM
TO: Village Council
FROM: Joann Manganiello, Acting Village Manager
DATE: July 13, 2000
SUBJECT: Adoption of the Proposed FY 2001 Millage Rate, Computed Roll-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 20, 2000, 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 6.8651, a 2% millage rate increase over the current
millage rate of 6.7305. This rate is provided pursuant to the Village Council
discussions at your Budget Workshop Meeting on July I I th. You may reduce
the proposed millage rate at your first and final budget hearings in
September, should you so choose.
The computed, rolled-back millage rate is 6.5431.
The first public hearing is scheduled for Thursday, September 14, 2000, at
7:00 p.m. The second and final public hearing is scheduled for Thursday,
September 28, 2000, 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. 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 20, 2000.
JM/kv
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