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O76-36ORDINANCE NO. 76-36 AN ORDINANCE .OF THE CITY OF BOYNTON BEACH, FLORIDA, FIXING A TAX MILLAGE RATE AS CERTI- FIED BY TILE TAX ASSESSOR OF PALM BEACH COUNTY, FLORIDA, AND LEVYING TAXES FOR THE USE AND SUPPORT OF THE MD~ICIPAL GOVERNMENT OF SAID MUNICIPALITY BY~kAI<ING A TAX LEVY FOR THE GENERAL EXPENSE, INTEREST AND SINKIb~ FUND REQUIR~IENTS AND PUBLICITY AND ADVERTIS- ING FUND OF THE CITY OF B©-~I~T0~BEACH,FLORIDA, FOR THE FISCAL yEAR BEGiNNIN~ OCTOBER 1, 1976 AND ENDING SEPT~V~ER 30, 1977, AND APPORTION- ING EACH LEVY FOR A SPECIFIC PURPOSE. WHEREAS, the Tax Assessor of Palm Beach County,Florida, has certified to the City of Boyntcn Beach,Florida, that the millage levy on 1976 t~xable value necessary to raise revenue equivalent to 1975 ad valorem proceeds is 7.580 per $1,000.00; and WHEREAS, Florida, deems daily operation the City Council of the City of Boynton Beach, it necessary and essential for the efficient of the municipal government and for providing proper municipal .services for the safety, health and general welfare of the inhabitants of said City that a millage rate as certified by said County Tax Assessor's certified millage be levied. NOW, THEREFORE, BE IT ORDAINED BY THE CITY CODiNCIL OF THE CITY OF BOY/{TON BEACH., FLORIDA: Section be collected for the use and of the City of Boynton Beach, Interest and Sinking Fund requirements 1: That there is hereby levied and there support of the Municipal government Florida, and to provide for the for the fiscal year beginn~ing October 1, 1976, and ending September 30, 1977, upon all property, real, personal, and mixed, within the corporate limits of said City subject to taxa%i.on as follows, said tax being so levied and apportioned to the specific purposes herein set forth: Page 1 of 2 Pages DISBURSEMENTS OF AD VALOR~ TAX LEVY FOR 1976 - 1977 Requmrements: Mills: General Fund 7.466 Publicity & Advertising Fund .114 Total 7.580 £nterest & Sinking Fund Section the specific items Gross Taxable value: $256,044,436. p~iated and set apart for the specific 95% Yield: $1,817,688. 256,044,436. 256,044,436. $ 27,750. $1,845,438. .050 256,044,436. $ 12,170. 2: Ail money collected under this Ordinance heremn named be and the same are hereby appro- purposes indicated in each item. Ail receipts for the City not specifically apportioned by this Ordinance are hereby made payable to the General Fund of the City. Section 3: tax tale and making a tax Interest and Sinking Fund the City of Boynton Beach, October 1, 1976 and ending Sepmember 30, This Ordinance is an ordinance fixing the levy for the General Expense and requirements upon the indebtedness of Florida, for the fiscal year beginning 1977. Section 4: This Ordinance shall become effective in the manner and in the time provided by law. First reading this 3rd day of August, 1976. Second reading this ?~ day of September, 1976. ATTEST: City Clerk CI5 OF BOYI~TON BEACH, FLORIDA BY: Council Member ~ ~.~cil ~'emb e r ~Council Member Page 2 of 2 Pages