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R04-141 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 RESOLUTION R04- [ q I A RESOLUTION 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, 2004 AND ENDING SEPTEMBER 30, 2005 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 the City of Boynton Beach, Florida, for the ensuing year, with detailed information, including revenues to be derived from sources other than ad valorem levy, and the administrative staff of the City has 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, the suggested tentative budget, and the proposed millage necessary to be levied to carry on the government of the City for the ensuing year; WHEREAS, the City of Boynton Beach, Florida, has followed the procedures as outlined in Florida Statutes Section 200.065; and WHEREAS, Florida Statutes Section 200.065(5) provides for a ministerial adjustment of the aggregate millage rate after receipt of the final tax roll. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA THAT: Section 1. The proposed Millage Rate for the 2004-2005 Fiscal Year shall be .5000 (for the General Fund), plus 0.1800 for Voted Debt Service for a total Proposed Tentative ~illage Levy of 7.6800 for the 2004-2005 Fiscal Year. \CA\RESO\Budget\2004-05 Budget\Proposed millage- Sept 2004.doc 4 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 21st day of September, 2004, at 6:30 P.M. for the purpose of heating 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 10.84% above the computed rolled back 7 rate. Section 4. If any clause, section, or other part of this Resolution shall be held by any 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 !Court of competent jurisdiction to be unconstitutional or invalid, such unconstitutional or invalid Part shall be considered as eliminated and shall in no way affect the validity of the other ~prows~ons of this Resolution. ' ~ Section 5. This Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this ~ day of September, 2004. \TTEST: CITY OF BOYNTON BEACH, FLORIDA '~Y°r 7 2,/ ~ comm~s'ioner ~ ;' o& teS millage - Sept 2004.doc