88-17 v RESOLUTION NO. 88-17
A RESOLUTION ADOPTING AN OPERATING BUDGET FOR THE
CITY OF ATLANTIC BEACH, FLORIDA, FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 1988, AND ENDING SEPTEMBER 30,
1989, PROVIDING AN EFFECTIVE DATE
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF ATLANTIC BEACH,
FLORIDA:
Section 1. That the attached budget, incorporated and adopted
herein and made a part hereof as Exhibit A, be and it is hereby adopted
and approved by the City Commission of the City of Atlantic Beach,
Florida, as the budget for the City of Atlantic Beach for the fiscal year
1988-89.
Section 2. That an ad valorem tax of $1.5564 per thousand dollar
valuation on all real property be levied within the corporate limits of
said City, provided however, that said tax shall not be levied upon
property in the City of Atlantic Beach claimed and allowed as homestead
under the general laws of the State of Florida. The millage approved
herein is the rolled-back rate.
Section 3. That a tax of $. 1364 per thousand dollar valuation be
levied on all real and personal property within the corporate limits of
the City of Atlantic Beach including homesteads, and the funds raised
therefrom used to pay interest and principal on general obligation bonds
maturing during the fiscal year, such levy to be collected in cash and
kept in separate accounts for the purposes designed in the bond inden-
ture.
Section 4. This Resolution is proposed, considered and adopted
under the provisions of Chapter 166 and 200.065 Florida Statutes.
* * * * * * * * * * * * *
Adopted by the City Commission Sept r •88
,-/<4 ,�� 1
William . Howell, Mayor, Presiding Officer
Appas to form and correctness:
//.
aude L. Mullis, City Attorney
ATTEST:
Adelaide R. Tucker, City Clerk