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HomeMy WebLinkAboutR-16-23 Proposed Millage for 2016RESOLUTION NO. R-16-23 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A TENTATIVE MILLAGE OF 3.8556 MILLS FOR THE CALENDAR YEAR 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 proposed to levy 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, 2016 through December 31, 2016) and the resulting tax revenue is to be appropriated for the General Operating Fund of the City of Sebastian for the fiscal year beginning October, 1, 2016 and ending September 30, 2017. Section 2. ROLLED -BACK RATE. The tax rate established in Section 1. is 5.06% higher than the computed "rolled -back" tax rate of 3.6700 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 was moved for adoption by Councilmember Coy . The motion was seconded by Councilmember McPartlan and, upon being put into a vote, the vote was as follows: Mayor Bob McPartlan Vice -Mayor Jerome Adams Councilmember Andrea B. Coy Councilmember Richard Gillmor Councilmember Jim Hill aye nay The Mayor thereupon declared this Resolution duly passed and adopted this 19`h day of September 2016. ATTEST: W eanette Williams, City Clerk CITY OF SEBASTIAN, FL RIDA By: Bob McPartlan, Mayor Approved as to form and legality for the reliance by the City of Sebastian only: Robert Ginsburg, City Attorney