HomeMy WebLinkAboutR-23-22 Tentative MillageRESOLUTION NO. R-23-22
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER
COUNTY, FLORIDA, ADOPTING A TENTATIVE MILLAGE OF
3.1955 MILLS FOR THE CALENDAR YEAR 2023; 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 ONE, NINE, FIVE, FIVE (3.1955) MILLS against all real and
tangible personal property for the calendar year (January 1, 2023 through December 31, 2023)
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, 2023 and ending September 30, 2024.
Section 2. ROLLED -BACK RATE. The tax rate established in Section 1 is
21.62% higher than the computed "rolled -back" tax rate of 2.6275 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are hereby repealed.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 Nunn and, upon being put into a vote,
the vote was as follows:
Mayor Fred Jones
aye
Vice -Mayor Christopher Nunn
aye
Councilmember Ed Dodd
aye
Councilmember Bob McPartlan
aye
Councilmember Kelly Dixon
aye
The Mayor thereupon declared this Resolution duly passed and adopted this 18a day_ --of .
September 2023. - _ ---
ATTEST:
Jeanette Williams, City Clerk
CITY OF SEBASTIAN, FLORIDA
Fred Jones, Mayor _
Approved as to form and legality for the
reliance b the City o Sebastian only:
L!epaler Cockcroft, City Attorney
ant
SEBAST� M
HOME OF PELICAN ISLAND
CITY COUNCIL AGENDA TRANSMITTAL
COUNCIL MEETING DATE: September 18, 2023
AGENDA ITEM TITLE: Resolution R-23-22 Adopting a Tentative Millage of 3.1955 for
Calendar Year 2023.
RECOMMENDATION: Move to Consider Resolution R-23-22 Adopting a Tentative
Millage of 3.1955, which is 21.62% above the computed
"Rolled -Back Rate".
BACKGROUND:
In accordance with Florida Statute 200.065 (7)(a.)(1.), the City Council is required to tentatively adopt a
millage rate for calendar year 2023 and budget year beginning October 1, 2023 and ending September 30,
2024 at the first public hearing in which the budget is presented. In July, the City Council approved a
proposed millage rate of 3.1955 for purposes of the TRIM notices. At the meeting of August 23, 2023, the
recommended budget was presented and the City Council decided that the employee wages should be
reconsidered for adjustment. Therefore, the proposed budget for FY 2023/2024 has been adjusted for
wage increases, along with several other adjustments not previously anticipated.
Staff is recommending adoption of a tentative millage rate of 3.1955 and 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 the regular City Council meeting on September 27, 2023.
The recommended Budget and Capital Improvements Program (as adjusted) is on the City
Website.
1!M_III KTOI lu DKI11,E
(1) Resolution R-23-22
(2) Power Point Presentation by Ken Killgore, Administrative Services Director/CFO
IF AGENDA ITEM REOUIRES EXPENDITURE OF FUNDS:
Total Cost: N/A
Fund to Be Utilized for Appropriation: N/A
Administrative Services Dep rt nt Review:
City Attorney Revie /
Procurement Divis 2eview, ijapplicable:
City Manager Authorization:
Date: