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HomeMy WebLinkAboutR-23-24 Millage RateRESOLUTION NO. R-23-24 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, ADOPTING A FINAL 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 All resolutions or parts of resolutions in conflict herewith are hereby repealed.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 Dixon . The motion was seconded by Councilmember McPartlan and, upon being put into a vote, the vote was as follows: Mayor Fred Jones Vice -Mayor Christopher Nunn Councilmember Ed Dodd Councilmember Bob McPartlan Councilmember Kelly Dixon ave aye aye aye aye The Mayor thereupon declared this Resolution duly passed and adopted this 27`h day of September 2023. _ —= CITY OF SEBASTIAN, FLORIDA 1,"-` Fred Jones, Mayor ATTEST: Approved as to form and legality for the �� reliance by the City of Sebastian only: anette Williams, City Clerk nnifer Cockcroft, City Attorney mo, SE��T�N HOME OF PELICAN ISLAND CITY COUNCIL AGENDA TRANSMITTAL FORM COUNCIL MEETING DATE: September 27, 2023 AGENDA ITEM TITLE: Resolution R-23-24 Adopting a Final Millage of 3.1955 for Calendar Year 2023. RECOMMENDATION: Approval of Resolution R-23-24 Adopting a Final 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 final public hearing in which the budget is presented. In July, the City Council approved a Proposed Millage of 3.1955 for purposes of the Trim Notices. At the meeting of August 23, 2023, the Recommended Budget was presented and then on September 18, 2023 the City Council adopted the Tentative Millage of 3.1955. Staff is recommending adoption of a Final Millage of 3.1955 and will be presenting a brief 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. ATTACHMENTS: Resolution R-23-24 Recommended Budget and Capital Improvements Program is on the City Website. IF AGENDA ITEM REOUIRES EXPENDITURE OF FUNDS: Total Cost: N/A Fund to Be Utilized for Appropriation: N/A Administrative Services Departm nt Review: City Attorney Review: 1/ /I Procurement Division Revi,if applicable: /✓//4 City Manager Authorization: e . Date: 9 2ll1d-13 `��