R03-1577.5000 Base Rate
RES OLUTION R03-/.~-- 7
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA, ADOPTING A
PROPOSED MILLAGE RATE OF 7.5000 FOR THE CITY'S
GENERAL OPERATING FUND FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2003 AND ENDING
SEPTEMBER 30, 2004; ANNOUNCING THE PERCENT, IF
ANY, THE PROPOSED MILLAGE RATE EXCEED THE
ROLLED-BACK RATE; ANNOUNCING THE DATE TIME
AND PLACE OF THE SECOND AND FINAL PUBLIC
HEARING ON THE BUDGET AND MILLAGE RATE;
PROVIDING FOR SEVERABILITY, CONFLICTS AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, a tentative budget has been prepared estimating expenses and revenues of th
City of Boynton Beach, Florida, for the ensuing year, with detailed information, including revenue
to be derived from sources other than ad valorem levy, and the administrative staff of the City ha
made recommendations as to the amount necessary to be appropriated for the ensuing year; and
WHEREAS, the City Commission has met and considered the recommendations, th.
suggested tentative budget, and the proposed millage necessary to be levied to carry on th,
government of the City for the ensuing year;
WHEREAS, the City of Boynton Beach, Florida, has followed the procedures as outline4
in Florida Statutes Section 200.065; and
WHEREAS, Florida Statutes Section 200.065(5) provides for a ministerial adjustment c
the aggregate millage rate after receipt of the final tax roll.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF TH]
CITY OF BOYNTON BEACH, FLORIDA THAT:
Section 1. The proposed Millage Rate for the 2003-2004 Fiscal Year shall be
__ (for the General Fund), plus 0.3804 for Voted Debt Service for a total Proposed Tentative
Millage Levy of 7.8804 for the 2003-2004 Fiscal Year.
Section 2. A copy of the tentative budget shall be published in one issue of a
newspaper published in Palm Beach County, Florida, and at the same time the public will be
notified of a public hearing to be held on the 16th day of September, 2003, at 6:00
S:~CA\RESO~BudgetL2003-04 Budget\7.5000 Base Rate\7.5000 Base Rate Proposed Millage.doc
7.5000 Base Rate
P.M. for the purpose of hearing objections or criticisms of the tentative budget and millage. This
meeting is for the purpose of setting a final tax levy and final budget.
Section 3. The proposed millage rate is 7.34% above the computed rolled back
rate.
Section 4. If any clause, section, or other part of this Resolution shall be held by any
~'ourt of competent jurisdiction to be unconstitutional or invalid, such unconstitutional or invalid
art shall be considered as eliminated and shall in no way affect the validity of the other
~rovisions of this Resolution.
Section 5. This Resolution shall become effective immediately upon passage.
PASSED AND ADOPTED this 4 day of September, 2003.
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Commissioner ~,' "~ ~:::-:~z-_~-~.__3:~ ::.~ ........ '
Commissioner
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