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R07-105 1 2 3 4 5 6 7 8 9 10 11 12 13 14 RESOLUTION R07- '05" A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, ADOPTING A FINAL MILLAGE RATE OF 6.4553 MILLS FOR THE CITY'S GENERAL OPERATING FUNDS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2007, AND ENDING SEPTEMBER 30,2008; PROVIDING THAT THE FINAL MILLAGE RATE OF 6.4553 MILLS IS 7.00% PERCENT BELOW THE COMPUTED ROLLED-BACK RATE; PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE. WHEREAS, a Final Budget has been reviewed and considered by the City 15 Commission of the City of Boynton Beach, Florida, for the ensuing year, with detailed 16 information, including revenues to be derived from sources other than ad valorem levy, and 17 the City Manager has made recommendations as to the amount necessary to be appropriated 18 for the ensuing year; and 19 WHEREAS, the City Commission has given notice of and has conducted the public 20 hearings required by law and has considered the recommendations of staff and comments of 21 the public, the suggested budget, and the proposed millage necessary to be levied to carry on 22 the government of the city for the ensuing year 23 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF 24 THE CITY OF BOYNTON BEACH, FLORIDA: 25 Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 26 being true and correct and are hereby made a specific part of this Resolution upon adoption 27 hereof. 28 Section 2. The City of Boynton Beach, Florida hereby adopts the final millage 29 rate of 6.4553. The final millage rate is 7.00% below the computed rolled-back rate and is 30 the maximum millage rate allowed by a majority vote of the governing body. The City's C:\Documents and Settings\ferraral\Local Settings\Temporary Internet Files\OLKI F\Reso - Final Budget Hearing - Millage (2).docl II debt service millage is .0250. 2 Section 3. If any clause, section or other part of this Resolution shall be held by 3 any court of competent jurisdiction to be unconstitutional or invalid, such unconstitutional 4 or invalid part shall be considered as eliminated and shall in no way affect the validity of the 5 remaining portions of this Resolution. 6 Section 4. All resolutions or parts of resolutions in conflict herewith are hereby 7 repealed to the extent of such conflict. 8 Section 5. This Resolution shall become effective immediately upon passage. 9 PASSED AND ADOPTED this ~ day of September, 2007. 10 CITY OF BOYNTON BEACH, FLORIDA 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 ~- ATTEST: ~<'- ~-~ ~If). /-/ ---€ C:\Documents and Settings\ferraral\Local Settings\Temporary Internet Files\OLKIF\Reso - Final Budget Hearing - Millage (2).doc2