HomeMy WebLinkAboutDocumentation_Special Meeting_Tab 2_09/20/2018 RESOLUTION NO. 35-18
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, ADOPTING THE FINAL MILLAGE RATE FOR
THE LEVY.ni TG OF AD VALORENI TAXES FOR THE VILLAGE OF
TEQUESTA FOR THE FISCAL�.'EAR COIVIlVIENCING ON OCTOBER 1,
. 2018 AND ENDING ON SEPTEMBER 30, 2019; PROVIDING AN
EFFECTTVE DATE; AND FOR OTHER PURPOSES.
WHEREAS, the Village Council of the Village of Tequesta. has determined the sum of
$2�,9�?',�iS0.00,ug11��require�tc�p�rat:,the�'i1�ag�durir�g the n��f s:,a�;y ear�, a�tf�
WHEREAS, the Real Estate and Personal Property Tax Roll for the current calenda.r
year as accepted evidences a tota.l nonexempt valuation of$1,123,534,054.00; 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
properry in accordance with state law; and
NOW, THEREFORE,BE IT RESOLVED BY THE VILLAGE OF TEQUESTA,PALM
BEACH COUNTY,FLORIDA, TIiAT:
Section 1: The Village Council of the Village of Tequesta does hereby adopt its fmal
millage rate of 6.2920 mills to be levied for the genera.l fund upon all real and tangible personal
property located with the boundaries of the above named t�ing authoriiy.
Seetion Z: The final levy of 6.2920 mills represents a 5.42,% increase over the rolled-
back rate of 5.9687 mi11s.
Section 3: This final mitlage rate of 6.2920 mills is levied to fund expenses for the
fiscal year commencing October 1, 2018 and ending September 30,2019.
Section 4: T'his Reso�ution shall ta.ke effect immediately upon its adoption by the
�Iillage Council.