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R08-103 . . I I 2 RESOLUTION R08- /0'.3 3 4 A RESOLUTION OF THE CITY OF BOYNTON BEACH, 5 FLORIDA ADOPTING A PROPOSED MILLAGE RATE 6 FOR THE CITY'S GENERAL OPERATING FUND FOR 7 THE FISCAL YEAR BEGINNING OCTOBER 1, 2008 8 AND ENDING SEPTEMBER 30, 2009 ANNOUNCING 9 THE PERCENT, IF ANY, THE PROPOSED MILLAGE 10 RATE EXCEEDS THE ROLLED-BACK RATE; II ANNOUNCING THE DATE, TIME AND PLACE OF THE 12 SECOND AND FINAL PUBLIC HEARING ON THE 13 BUDGET AND MILLAGE RATE; PROVIDING FOR 14 SEVERABILITY, CONFLICTS AND PROVIDING AN 15 EFFECTIVE DATE. 16 17 WHEREAS, a tentative budget has been prepared estimating expenses and revenues 18 of the City of Boynton Beach, Florida, for the ensuing year, with detailed information, 19 including revenues to be derived from sources other than ad valorem levy, and the 20 administrative staff of the City has made recommendations as to the amount necessary to be 21 appropriated for the ensuing year; and 22 WHEREAS, the City Commission has met and considered the recommendations, 23 the suggested tentative budget, and the proposed millage necessary to be levied to carry on 24 the government of the City for the ensuing year; 25 WHEREAS, the City of Boynton Beach, Florida, has followed the procedures as 26 outlined in Florida Statutes Section 200.065; and 27 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF 28 THE CITY OF BOYNTON BEACH, FLORIDA THAT: 29 Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 30 being true and correct and are hereby made a specific part of this Resolution upon adoption 3 ] hereo f. S ICAIRLSO\Budget\2008-09 Budget-Proposed millage- Sept 2008 doc . . I I Section 2. The proposed Millage Rate for the 2008-2009 Fiscal Year shall be 2 6.4553 (for the General Fund), plus 0.0250 for Voted Debt Service for a total Proposed 3 Tentative Millage Levy of 6.4803 for the 2007-2008 Fiscal Year. 4 Section 3. A copy of the tentative budget shall be published in one issue of a 5 newspaper published in Palm Beach County, Florida, and at the same time the public will be 6 notified of a public hearing to be held on the 18th day of September, 2008, at 6:30 P.M. for 7 the purpose of hearing objections or criticisms of the tentative budget and millage. This 8 meeting is for the purpose of setting a final tax levy and final budget. 9 Section 4. The proposed millage rate is 7.75% below the computed rolled back ]0 rate adjusted for the impact of Amendment 1 and is the maximum millage rate allowed by a 11 majority vote of the governing body. 12 Section 5. If any clause, section, or other part of this Resolution shall be held by 13 any Court of competent jurisdiction to be unconstitutional or invalid, such unconstitutional or 14 invalid part shall be considered as eliminated and shall in no way affect the validity of the 15 other provisions of this Resolution. 16 Section 6. This Resolution shall become effective immediately upon passage. S ICA\RESU\Budget\200S-09 Budget-Proposed millage- Sept 200S doe . . I ] PASSED AND ADOPTED this q +h day of September, 2008. 2 3 CITY OF BOYNTON BEACH, FLORIDA 4 5 6 7 8 9 ]0 I I 12 13 14 15 16 17 18 19 20 21 -- 22 ,~ .;...J 24 ATTEST: 25 . 26 27 28 29 30 3 I 32 33 34 S\CA\RESO\Budget\200S-09 Budget-Proposed millage- Sept 200S doc