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HomeMy WebLinkAboutDocumentation_Regular_Tab 04A_06/21/2004 � . � INTEROFFICE MEMORANDUM TO: VILLAGE MANAGER FROM: R. GARLO, ASSISATNT MANAGER ,�� SUBJECT: PROPOSED MILLAGE RATE DATE: 7/1G/04 CC. VII,LAGE MAYOR AND COUNCII. At your request, I've prepared the following correspondence for the Mayor and Council. At this time, the proposed fiscal 2004/2005 budget is substantially complete on a staff level. Based on my individual conversations with council members and staff, I am proposing �at the millage rate remain unchanged at 6.A-980. As you are aware, the rate can be adjusted at your discretion during the budget process. See attachments: f MEMORANDUM DATE: 7/1G/2004 TO: MAYOR AND COUNCIL t FROM: MARY MILES, VILLAGE CLERK I RE: PRELIMINARY MILLAGE RATE On July 1 of each year, the Palm Beach County Pxoperty Appraiser cert�fies the tagable value within the jurisdiction of the tasing authoritp to the taging authority (Village of Tequesta). Within 35 days of certification of value, the Village of Tequesta shall advise the Property Appxaiser of the prior year's millage rate, the current year's r s millage rate, the current yeax's rolled-back rate, as well as the date, tyme and meeting place of the Tentative Budget Hearing. We are currendy seeking the preliminary proposed millage rate to foxwaxd to the Property Appraiser. The Council will set a tentative millage rate on September 2 and approve a final millage rate on September 16. This preliminary proposed millage rate is changeable; however, an increase hereafter would require noticing each individual property owner bp mail. MM � �' RESOLUTION NO. 54-02/03 �; ;; �; �. ;; A RESOLUTION OF THE VILLAGE COUNCIL OF THE '� VII.,LAGE OF TEQUESTA, PALM BEACH C4UNTY, FLORIDA, SETTING THE PROPOSED AD VALOREM MB.LAGE RATE FOR THE VILLAGE OF TEQUESTA FOR '` FISCAL YEAR 2004/2005 AT A RATE OF 6.4980 MILS PER $1000.00 OF ASSESSED VALUE, AND THE COMPUTED " ROLLED-BACK RATE 4F 6.03Q8 MILS PER $1000.00 4F ASSE5SED VALUE. i �� NOW, THEREFORE, be it resolved by the Village Council of the Village of i� Tequesta, Palm Beach County, Florida: :; ;i i; 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 2004/2005 is ; � hereby set. ;� !` Section II: The proposed millage rate of 6.4980 mils per $1000 of assessed value � for the Fiscal Year of 2004J2005 is 7.748% greater than the rolled-back millage rate ' of 6.0308 mils per $1000.00 of assessed value. ' The foregoing Resolution was offered by , who moved its adoption. The motion was seconded by , and upon being put to vote, the vote was as follows: FOR ADOPTION AGAINST ADOPTION :' The Mayor thereupon declared the Resolution duly passed and adopted this 21�` day i' of July, 2004. ;�; Mayor Pat Watkins ;; ATTEST :� ;� :� Village Clerk Mary Miles � ;; ,� �;