HomeMy WebLinkAboutR-15-26 Adopting the Millage RateRESOLUTION NO. R-15-26
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER
COUNTY, FLORIDA, ADOPTING A MILLAGE RATE OF 3.8556 MILLS
FOR THE CALENDAR YEAR 2015 AND ALLOCATING SAME TO THE
FISCAL YEAR BEGINNING OCTOBER 1, 2015 AND ENDING
SEPTEMBER 30, 2016; PROVIDING FOR CONFLICTS; AND PROVIDING
FOR AN EFFECTIVE DATE.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN,
INDIAN RIVER COUNTY, FLORIDA, that:
Section 1. MILLAGE RATE LEVY. There is hereby Levied an Ad Valorem Tax of
THREE POINT EIGHT FIVE FIVE SIX (3.8556) MILLS against all real and tangible personal property
for the calendar year (January 1, 2015 through December 31, 2015) and the resulting tax revenue is
hereby appropriated for the General Operating Fund of the City of Sebastian for the fiscal year beginning
October, 1, 2015 and ending September 30, 2016.
Section 2. ROLLED -BACK RATE. The tax rate established in Section 1. is 6.24% higher
than the computed "rolled -back" tax rate of 3.6290 mills.
Section 3. CONFLICT. All resolutions or parts of resolutions in conflict herewith are hereby
repealed.
Section 4. EFFECTIVE DATE. This resolution shall take effect immediately upon its
adoption.
The foregoing Resolution wasmovecjfor adoption by Councilmember The motion was
seconded by Councilmember ni& and, upon being put int a vote, the vote was as
follows:
Mayor Richard Gillmor
Vice -Mayor Jerome Adams
Councilmember Andrea B. Coy
Councilmember Bob McPartlan
Councilmember Jim Hill
The Mayor thereupon declared this Resolution duly passed
ATTESIT�.
Sally A. Maio, MC City Clerk
adopted this 23d day of September 2015.
CITY BAST AN, LORIDA
By
ichard Gillmor, Mayor
Approved as to form and legality for the
reliance by the City of Sebastian only:
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Robert Ginsburg, City Attorney