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HomeMy WebLinkAboutR-05-32 RESOLUTION NO. R-05-32 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A PROPOSED MILLAGE RATE OF 3.9325 MILLS FOR THE CALENDAR YEAR 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 proposed to levy an Ad Valorem Tax of THREE POINT NINE THREE TWO FIVE (3.9325) MILLS against all real and tangible personal property for the calendar year (January I, 2005 through December 31, 2005) 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, I, 2005 and ending September 30,2006. Section 2. ROLLED-BACK RATE. The tax rate established in Section 1. is 6.3% higher than the computed "rolled-back" tax rate of 3.6996 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 Ell rkeen . The motion was seconded by Councilmember Coy and, upon being put into a vote, the vote was as follows: Mayor Nathan McCollum Vice-Mayor Brian Burkeen Councilmember Lisanne Monier Councilmember Andrea Coy Councilmember Sal Neglia aye aye nay aye aye The Mayor thereupon declared this Resolution duly passed and adopted this 8th day of September 2005. CITY OF SEBASTIAN, FLORIDA By: /~~ Nathan McCollum, Mayor ATTEST: SallyA. Approved as to form and legality for the reliance by the City of Sebastian only: ;( ~ S\- Rich Stringer, City All HOME Of l'EI.ICAN ISl.ANtl CERTIFICATION OF TAXABLE VALUE DR-420 R.01/95 SECTION I 2005 Year Indian River County To: CITY OF SEBASTIAN (Name ofTaxing Authority) 1 Current Year Taxable Value of Real Pre e for 0 eratin Pur ases 2 Current Year Taxable Value of Personal Pre e for 0 eratin Pu ases 3 Current Year Taxable Value of Centra II Assessed Pre e for 0 eratin Pu ases 4 Current Year Gross Taxable Value for 0 eratin Pu ases 1 + 2 + 3 - 4 5 Current Year Net New Taxable Value (New Construction + Additions + Rehabilitative Improvements Increasing Assessed Value At Least 100% + Annexations - Deletions) 6 Current Year AdOusted Taxable Value 4 - 5 ; 6 7 Prior Year FINAL Gross Taxable Value (From Prior Year Application Form DR-403 Series) I do. hereby certify the values shown herein to be correct to the best of my knowledge and belief. Witness my hand and official signature at Vere Beach , Florida, This 28th day of (Month, and Year) June, 2005 ~~ Signature of Property Appraiser TAXING AUTHORITY: If this portion of the form is not completed in FULL your Authority will 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 $ $ $ $ $ 1,077,763,151 46,874,290 926,798 1,125,564,239 69,6~,841 1 2 3 4 5 $ $ 1,055,908,398 850,999,257 6 7 8 Prior Year Oneratinn Millane Levv $ 4.5904 I Der $1,0008 9 Prior Year Ad Valorem Proceeds 171 x 18l $ 3,906,4U 9 10 Current Year Rolled-Back Rate 19\ / 16\ $ 3.6996 I per $1,000 10 11 Current Year Proposed Operating Millage Rate $ 4.5904 per$1,000 11 12 Check TYPE of Taxing Authority: County Dependent District Municipal Service Taxing Unit 12 Municipality Independent Special District Multi-County Water Management District 13 IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE. 13 14 Current Year Millaoe Lew for VOTED DEBT SERVICE $ 0 ner $1,000 14 15 Current Year Millaoe Levv for OTHER VOTED MILLAGE $ 0 oer $1 ,000 15 IDEPENDENT SPECIAL DISTRICTS SKIP lines (16) through (22) 16 Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENTSpecial Districts $ 16 & MSTU's levying a millageo (The sum of Line (9) from each District's Form DR420) () 17 Total Prior Year Proceeds: Ig\ + 116\ .. $ 3,906,427 17 18 The Current Year Aooreoate Rolled-back Rate (17) I (6\ $ 3.6996 Per $1 ,000 18 19 Current Year Aooreoate Rolled-back Taxes: 14\ x 118\ $ 4,164,137 19 20 Enter Total of all non-voted Ad Valorem Taxes proposed to be levied by the Principal $ 20 Taxing Authority, all Dependent Districts, & MSTU's ifanyo Line (11) x Line (4) 5,166,790 21 Current Year Proposed Aaareaate Millaae Rate: 120\/14l $ 4.5904 I oer $1 ,000 21 22 Current Year Proposed Rate as a PERCENT CHANGE of Rolled-back Rate: 24.08 22 [(Line 21/ Line 18) -1.00J x 100 . . . .. % Date, Time and Place of the First Public Budget Hearing: Thursdav. ~pternhf>r 8. 2005. 6:00 P.M.. City COlmci 1 Chambers, Sebastian City Hall, 1225 Main Street, Sebastian, Florida 32958 I do hereby certify the millages and rates shown herein to be correct to the best of my knowledge and belief, FURTHER, I t.ify th.ay..1I ~iIIages comply with the provisions of Section 200.071 or 200.081, F.S. WITNESS my hand and official si aturt ty; ri+-y n-F ~p~c::+-i;=an Florida, this the ?7+-l1Iay of (Month, andYear)~Jl]ly. 2005 ~ J .-;.. ,r. t i 0 I .0"0' 1225 Main St. Sebastian. FL 32958 Title of Chief Administrative Officer Address of Physical Location i225~in St, Shai Francis, CPA Mailing Address Name of Contact Person - Sebastian, FL 32958 772-388-8205 City State Zip Phone # See Instructions on Reverse Side 772-388-8249 Fax #