HomeMy WebLinkAboutR-17-30 Adopted FY17/18 Millage RateRESOLUTION NO. R-17-30
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER
COUNTY, FLORIDA, ADOPTING A MILLAGE RATE OF 3.4000 MILLS
FOR THE CALENDAR YEAR 2017 AND ALLOCATING SAME TO THE
FISCAL YEAR BEGINNING 01 OCTOBER 2017 AND ENDING 30
SEPTEMBER 2018; 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 FOUR ZERO ZERO ZERO (3.4000) MILLS against all real and tangible personal
property for the calendar year (01 January 2017 through 31 December 2017) and the resulting tax
revenue is hereby appropriated for the General Operating Fund of the City of Sebastian for the fiscal year
beginning 01 October 2017 and ending 30 September 2018.
Section 2. ROLLED -BACK RATE. The tax rate established in Section 1. is 2.69% lower
than the computed "rolled -back" tax rate of 3.4939 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repealed.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 Hill The motion
was seconded by Councilmember Dodd and, upon being put into a vote, the vote was as
follows:
Mayor Bob McPartlan MVP
Vice -Mayor Andrea B. Coy nay
Councilmember Jim Hill aye
Councilmember Linda Kinchen aye
Councilmember Ed Dodd ave
The Mayor thereupon declared this Resolution duly passed and adopted this 27h day of September 2017.
ATTEST:
I—
W4,"L YI/f
J(6fiette-Williamsr City Clerk
CITY OF S7EBBASTIAN,�ORIDA
By:
Bob McPartlan, Mayor
Approved as to form and legality for the
reliance by the City of Sebastian only:
G, - /i i
Cynthia V. Hall, Interim City Attorney