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O78-35 ORDINANCE NO. 78-~' AN ORDINANCE OF THE CITY OF BOYNTON BEi~CI{, FLORIDA, FIXING,A TAX ~i~tLLAGE RA.TE AS CEI{~FtED ©RIDA, AND ~ TA~S FOR T~ use A~ T~ ~NICIPAL GO~RN~ OF SAID k TAX ~ FOR ~E EXPE~SE, I~EREST AND SI~ING F~ F~ ~E WHERE~AS, the Property Appr~i'ser of Palm Beach County, Florida, has certified to the City of Boynton Beach, Florida, that the millage levy on 1978 taxable value necessary to raise revenue equivslent to 1977 ad valorem proceeds is 6.071 per $1,000.00; and WI4EREAS, Florida, deems it necessary and essential operation of the municipal government and municipal services for the safety, the inha'bitants of said City that s the City Council of the City of Boynton Beach, for the ~fficient daily for providing proper health and general welfare of millage rate as certified by said County Property Appraiser's certified millage be le~isd. NOW, THEREFORE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA: Section 1: That there is hereby levied and there shall be collected for the use and support of the Municipal government of the City of Boynton Beach, Florida, and to provide for the Interest and Sinking Fund requirements for the fiscal year beginning October 1. 1978, and ending September 30, 1979, upon all property, real, limits of said City being so levied and apportioned set forth: personal, and mixed, within the corporate subject to taxation as follows, said tax to the specific purposes herein Page 1 of 2 Pages DISBURSEMEI~TS OF AD VALO~EM TAX LEVY FOR 1978-1979 Requirements: Mills: General Fund 5.997 Publicity & Advertising Fund .074 Total: 6.071 Interest & Sinking Fund .020 Gross Taxable Value: $375,146,081 $ 375,146,081 $ 375,146,081 $ 375,146,081 95% Yield: $2,152,430 $26,560 $2,178,990 $7,030 Section 2: Ail money collected under this Ordinance for the specific items herein named be and the same are hereby appror priated and set apart for the specific purposes indicated in each item. All receipts for the City not specifically apportioned by this Ordinance are hereby made payable to the General Fund of the City. Section 3: This Ordinance is an ordinance fixing the tax rate and making a tax levy for the General Expense and Interest and Sinking Fund requirements upon the indebtedness of the City of Boynton Beach, Florida, for the fiscal year beginning October 1, 1978 and ending September 30, 1979. Section 4: This Ordinance shall become effective in the manner and in the time provided by law. First reading this iSth day of A~gust, 1978. Second regding this ~Z~day of September, 1978. CITY OF BOYNTON BEACH Coun~c zlmsn C itl; Clerk Page 2 of 2 Pages