HomeMy WebLinkAboutR-16-27 Adopted Millage Rate of 3.8000RESOLUTION NO. R-16-27
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER
COUNTY, FLORIDA, ADOPTING A MILLAGE RATE OF 3.8000 MILLS
FOR THE CALENDAR YEAR 2016 AND ALLOCATING SAME TO THE
FISCAL YEAR BEGINNING OCTOBER 1, 2016 AND ENDING
SEPTEMBER 30,2017; 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 (3.8000) 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 hereby 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 3.54% 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repealed.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 mrpartlan• The motion was
seconded by Councilmember Adams and, upon being put into a vote, the vote was as
follows:
Mayor Bob McPartlan aye
Vice -Mayor Jerome Adams aye
Councilmember Andrea B. Coy aye
Councilmember Richard Gillmor absent
Councilmember Jim Hill nay
The Mayor thereupon declared this Resolution duly passed and adopted this 280' day of September 2016.
ATTEST:
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vette �Uilliams, City Clerk
CITY OF S ^ BASTIAN
By:
Bob MCPart an, Mayor
Approved as to form and legality for the
reliance by the City of Sebastian only:
Robert Ginsburg, CityAttorney