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HomeMy WebLinkAboutR-19-26 FY19/20 Adopted Millage RateRESOLUTION NO. R-19-26 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A MILLAGE RATE OF 2.9399 MILLS FOR THE CALENDAR YEAR 2019 AND ALLOCATING SAME TO THE FISCAL YEAR BEGINNING OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020; PROVIDING FOR CONFLICTS; PROVIDING FOR SCRIVENER'S ERRORS; 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 TWO POINT NINE THREE NINE NINE (2.9399) MILLS against all real and tangible personal property for the calendar year (January 1, 2019 through December 31, 2019) 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, 2019 and ending September 30, 2020. Section 2. ROLLED -BACK RATE. The tax rate established in Section 1. is equal to the computed "rolled -back" tax rate of 2.9399 mills. Section 3. CONFLICT. All resolutions or parts of resolutions in conflict herewith are hereby repealed. Section 4. SCRIVENER'S ERRORS. Sections of this resolution may be renumbered or re - lettered and corrections of typographical errors which do not affect the intent may be authorized by the City Manager, or the City Manager's designee, without need of further action of City Council by filing a corrected copy of same with the City Clerk. Section 4. EFFECTIVE DATE. This resolution shall take effect immediately upon its adoption. The foregoing Resolution was moved for adoption by Councilmember Iovino The motion was seconded by Councilmember x; ^then and, upon being put into a vote, the vote was as follows: Mayor Jim Hill ave Vice -Mayor Linda Kinchen aye Councihnember Bob McPartlan aye Councilmember Ed Dodd aye Councilmember Albert Iovino aye The Mayor thereupon declared this Resolution duly passed and adopted this 25'b day of September 2019. ATTEST: W. Clerk YtQ anette Williams, Cityy Clerk CITY OF SEBAST N, FLORIDA By 17 ill, Mayor Approved as to form and legality for the reliance by the City of Sebastian only: J s Stok Attorney