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R06-155 1 RESOLUTION R06- (55" 2 3 A RESOLUTION OF THE CITY OF BOYNTON BEACH, 4 FLORIDA, ADOPTING A FINAL MILLAGE RATE OF 5 7.1 MILLS FOR THE CITY'S GENERAL OPERATING 6 FUNDS FOR THE FISCAL YEAR BEGINNING 7 OCTOBER 1, 2006, AND ENDING SEPTEMBER 30, 2007; 8 PROVIDING THAT THE FINAL MILLAGE RATE OF 9 7.1 MILLS IS 21.05% PERCENT ABOVE THE 10 COMPUTED ROLLED-BACK RATE; PROVIDING FOR 11 SEVERABILITY, CONFLICTS AND AN EFFECTIVE 12 DATE. 13 14 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. That the final millage rate necessary to be levied against ad valorem 29 valuation of property subject to taxation in the City of Boynton Beach, Florida, to produce a 30 sufficient sum which together with departmental and other revenues will be sufficient to pay S:\CA\RESO\Budget\2006-07 Budget\Final Millage 2006.docl for appropriations made in the budget for the Fiscal Year beginning October 1, 2006, and 2 ending September 30, 2007, is hereby set at 7.1000 mills plus 0.0400 for Voted Debt Service 3 for a total Final Millage rate of7.1400. 4 Section 3. The Final Millage rate of 7.1 mills is 21.05% above the computed 5 rolled-back rate. 6 Section 4. If any clause, section or other part of this Resolution shall be held by 7 any court of competent jurisdiction to be unconstitutional or invalid, such unconstitutional 8 or invalid part shall be considered as eliminated and shall in no way affect the validity of the 9 remaining portions of this Resolution. 10 Section 5. All resolutions or parts of resolutions in conflict herewith are hereby 11 repealed to the extent of such conflict. 12 Section 6. This Resolution shall become effective immediately upon passage. 13 FIRST READING, this 13- day of September, 2006. 14 CITY OF BOYNTON BEACH, FLORIDA 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 ATTEST: .~ S:\CA\RESO\Budget\2006-07 BudgetIFinal Millage 2006.doc2