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HomeMy WebLinkAboutR-04-34RESOLUTION NO. R-04-34 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A MILLAGE RATE OF 4.5904 MILLS FOR THE CALENDAR YEAR 2004 AND ALLOCATING SAME TO THE FISCAL YEAR BEGINNING OCTOBER 1, 2004 AND ENDING SEPTEMBER 30, 2005; 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 FOUR POINT FIVE NINE ZERO FOUR (4.5904) MILLS against all real and tangible personal property for the calendar year (January 1, 2004 through December 31, 2004) 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, 2004 and ending September 30, 2005. Section 2. ROLLED-BACK RATE. The tax rate established in Section 1. is 13.16% higher than the computed "rolled-back" tax rate of 4.0565 mills. Section 3. CONFLICT. All resolutions or parts of resolutions in conflict herewith are hereby repealed. Section 4. EFFECTIVE DATE. immediately upon its adoption. This resolution shall take effect The foregoing Resolution was moved for adoption by Councilmember The motion was seconded by Councilmember into a vote, the vote was as follows: Mayor Nathan McCollum Vice-Mayor Joe Barczyk Councilmember Raymond Coniglio Councilmember Mike Heptinstall Councilmember Lisanne Monier Heptinstall Monier and, upon being put aye aye absent aye aye The Mayor thereupon declared this Resolution duly passed and adopted this 21st day of September 2004. '~/NSa~a~n McCollum, Mayor ATTEST: Approved as to form and legality for the reliance by the City of Sebastian only: Rich Stringer, City Attom y~ CERTIFICATION OF TAXABLE VALUE SECTION I 2004 Year indian River County To: DR-420 CITY OF SEBASTIAN (Name of Taxing Authority) Current Year Taxable Value of Real Prooert)/for Ooerating Purposes $ 802,074,405 I1 Current Year Taxable Value of Persona~ Properiy for Operating Purposes $ 44,120,673 2 Current Year Taxable Value of Centrally Assessed Property for Operating Purposes $ 896,256 3 Current Year Gross Taxabte Value for Operating Purposes (1) + (2) + (3) = (4) $ 847,091,334 4 Current Year Net New Taxable Value (New Construction + Additions + Rehabilitative $ 49,499,394 5 Improvements Increasing Assessed Value At Least 100% + Annexations - Deletions) Current Year Ad)usted Taxable Value f4) - rE) = (6) $ 797,591,940 6 Pdor Year FINAL Gross Taxable Value $ 704,823,724 From Prior Year Application Form DR-403 Series) I I t c~o hereby certify the values shown herein to be correct to the best of my knowledge and belief, Witness my hand and official signature at Vero Beach , Florida, This 25th day of fMonth, and Year) June ,2004 Signature of Prdperty Appraiser TAXING AUTHORITY; If this portion of the form is not completed in FULL your Authority wlJJ be denied TRIM certification and possibly lose its millage levy privilege for the tax year. If any line is inapplicable, enter N/A or -0-. SECTION II 8 Prior Year Operatin~o Milla!~e Lev~ $ I 4. 5904 3er $1,000 ~ 9 Prior Year Ad Valorem Proceeds (7) x (8) $ I 3r 235r 423 1( Current Year Rolled-Back Rate (9) / (6) $ 4. 0565 ~er $1,000 10 11 ;Current Year Proposed Operating Millage Rate $ 4. ,~ 9 iQ 4 )er $1,000 11 12 Check TYPE of Taxing Autbority: . County Dependent District Municipal Service Taxing Unit 12 X Municipality __ Independent Special District __ Multi-County __ Water Management District 13 IF DEPENDENT SPECIAL DISTR CT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE. 13 14 Current Year Millage Levy for VOTED DEBT SERVICE I $ 0 per $1,000 14 15 Current Year Millage Levy for OTHER VOTED MILLAGEI $ 0 per $1,000 15 I DEPENDENT SPECIAL DISTRICTS SKIP lines (16) through (22t 16 Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENT Specia~ Districts $ 16 & MSTU's levying a millage. (The sum of Line (9) from each District's Form DR-420) 0 17 Total PriOr Year Proceeds: (9) + (16) $ 3,23 5,4 23 17 18 The Current Year Aggregate Rolled-back Rate (17) / (6) $ 4.05 65 )er $1,000 18 19 Current Year Aggregate Rolled-back Taxes: (4) x (18) $ 3, ~, ~ t~ 19 20 Enter Total of all nomvoted Ad Valorem Taxes proposed to be levied by the Principal $ 3,8 8 8 t 4 8 8 20 Taxing Authority, all Dependent Districts, & MSTU's if any, Line (11) x Line (4) 21 Current Year Proposed A~re~ate Millage Rate: (20) / (4) $ 4.5 9 0 4 3er $1,000 21 22 Current Year Proposed Rate as a PERCENT CHANGE of Rolled-back Rate: 13.16 :22 [(Line 21 / Line 18) - 1.00] x 100 I % signature[at.. S,¢]~¢"~ Florida this the 28th Signature an'b"~-itle dP~hief Administrative Officer 1225 Hain Street Date, Time and Place of the First Public Budget Hearing: Thursday, September 9, 2 004, 6: 00 P.M. City Council Chambersr Sebastian City Hall, 1225 Main Street, Sebastian, FL 32951 I do hereby certify the mJllages and rates shown herein to be correct to the best of my knowledge a~d belief, FURTHER, I certify that all miitages coroply with the provisions of Section 200.071 or 200.081, F.S. WITNESS my hand and official day of tUonth, and Year) 3uly, 2 0 0 4 1225 Main Street, Sebastian,FL 329.~ Address of Physical Location Shai Franc£s Mailing Address Name of Contact Person Set~astian, FL 32958 (772) 388-8205 City State Zip Phone # Fax # See Instructions on Reverse Side