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HomeMy WebLinkAboutR-21-17 Tentative MillageRESOLUTION NO. R-21-17 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A TENTATIVE MILLAGE OF 3.0043 MILLS FOR THE CALENDAR YEAR 2021; PROVIDING FOR CONFLICT; 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 proposed to levy an Ad Valorem Tax of THREE POINT ZERO, ZERO, FOUR, THREE (3.0043) MILLS against all real and tangible personal property for the calendar year (January 1, 2021 through December 31, 2021) 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, 2021 and ending September 30, 2022. Section 2. ROLLED -BACK RATE. The tax rate established in Section I is the computed `rolled -back" tax rate of 3.0043 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 5. EFFECTIVE DATE. This resolution shall take effect immediately upon its adoption. The foregoing Resolution was moved for adoption by Councilmember McPartlan . The motion was seconded by Councilmember Bunn and, upon being put into a vote, the vote was as follows: Mayor Ed Dodd aye Vice -Mayor Jim Hill aye Councilmember Bob McPartlan aye Councilmember Christopher Nunn aye Councilmember Fred Jones ave The Mayor thereupon declared this Resolution duly passed and adopted this 13a' day of September 2021. CITY OF SEBASTIAN, FLORIDA _ Ed Do R Mayor _ ATTEST: e Approved as to form and legality for the o-MA reancebytheC, eba list only: anette Williams, City Clerk - Ma yAn my ma SEBASTIAN HOME OF PELICAN ISLAND CITY COUNCIL AGENDA TRANSMITTAL FORM COUNCIL MEETING DATE: September 13, 2021 AGENDA ITEM TITLE: Resolution to Adopt a Tentative Millage of 3.0043 for CalendarYear 2021. RECOMMENDATION: Move to Consider Resolution R-21-17 Adopting a Tentative Millage of 3.0043, which is the computed "Rolled -Back Rate". In accordance with Florida Statute 200.065 (7)(a.)(1.), the City Council is required to tentatively adopt a millage rate for calendar year 2021 and budget year beginning October 1, 2021 and ending September 30, 2022 at the first public hearing in which the budget is presented. In July, the City Council approved a Proposed Millage of 3.1514 for purposes of the Trim Notices. Since then, Staff was able to adjust the preliminary budget to be in balance using the rolled -back rate of 3.0043. The City Council was briefed on the updated Budget and Capital Improvement Program with a power point at the September 8" meeting. Staff will be presenting a power point at this meeting for the benefit of the public. The required public hearing and adoption of the final millage and budget is scheduled for a special City Council meeting on September 29, 2021. ATTACHMENTS: Resolution R-21-17 IF AGENDA ITEM REOUIRES EXPENDITURE OF FUNDS: Total Cost: N/A Fund to Be Utilized for Appropriation: N/A Administrative Services Department e City Attorney Review: il/f'v Procurement Division Review, if pplica e: ff1 City Manager torization: Date: 9 ef'.ri U