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O85-47Om)Tm t,,'O. 85--"/'7' AN ORDINANCE OF THE CITY C/)UNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, STATING THE ~EEGATE M/T.T.A3C~E RATE ~O BE LEVIED ~C~LINST PROPERTY OWNERS WITHIN THE CITY FOR THE 1985-1986 FISCAL YEAR; PROVIDING THAT THE CITY MANAC?~R SHAT.T. HAVE ~tE AUII~ORITY TO AD- JUST THE ~{EGATE MILLAGE RATE UPON RECEIPT OF THE FINAL TAX ROLL; PROVIDING FOR AN EFFECTIVE DATE AND FOR ~ PURPOSES. WHEREAS, the City Charter of the City of Boynton Beach, Florida, and ~e Laws of Florida require an appropriation ordinance be passed by the City Duncil of said municipality each year adopting the budget; and WHEREAS, Florida Statutes 200.065(2)(d) requires that prior to the mdoption of the final budget that an ordinance stating the aggregate millage rate proposed by the municipality be passed; and WHEREAS, said ordinance must also state the per cent of increase in property taxes adopted by the governing body; and WHEREAS, said aggregate millage rate must be adopted separately and before the budget of the community; and WHEREAS, the City of Boynton Beach, Florida, has followed the proce- dures as outlined in Florida Statutes 200.065; and WHEREAS, Florida Statutes 200.065(5) provides for a ministerial adjust- ment of the aggregate millage rate after receipt of the final tax roll. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA: Section 1. That the Proposed Tentative Aggregate ~lillage Rate for the 1985/86 Fiscal Year shall be 7~.~1'9~ (7.1306)for the General Fund and .0665 for the Publicity Fund), plus .9145 for Voted Debt Service for a total Proposed Tentative Millage Levy of 8.1116 for the 1985/86 Fiscal Year. Section 2. That said Millage Rate exceeds the computed rolled back rate by 16.46 per cent. Section 3. Tb~t upon receipt of the final tax roll if said roll indi- cates that the certified taxable value within the district bas decreased from the original tax roll presented to the City by the Property Appraiser's Office, that the City Manager shall within three (3) days make the ministerial adjust- ment to the aggregate millage rate to assure that the same amount, of taxes shall be collected by the City. Said adjustment shall be reported to the Property Appraiser within three (3) days of receipt of the final tax roll. Section 4. That this Ordinance shall become effective immediately upon its second reading and final passage. Page 1 of 2 FIRST READING this 5th day of September, 1985. SE00ND AND FINAL READING this 24th day of September, 1985. CITY OF BO~N BFACH, FLORIDA Mayor'~ - Vice Mayor ~ Council ~her Council Member AfTEST: City (Corp. Seal ) Page 2 of 2