Exh 6CAGCNDt1 ITIrN1 #GC
S1;PTEM6ER 2G, 200
CITY OF ATLANTIC BEACH, FLORIDA
CITY COMMISSION MEETING
STAFF REPORT
AGENDA ITEM: Public Hearings on adopting the Millage Rate and adopting
Ordinance #20-OS-72 establishing the Operating Budget for fiscal
year 2005/2006.
SUBMITTED BY: Nelson Van Liere, Finance Director
DATE: September 16, 2005
BACKGROUND: In order to adopt a millage rate and operating budget, the City
Commission must adhere,to a strict process per state law. Please find attached an outline
for the public hearings to be held on September 16°i, 2005 in the Commission Chambers
• ~ at 7:1 Spm as was announced at the September 12~', 2005 City Commission meeting and
• as advertised in the newspaper on Saturday September 24`x, 2005. The format is the same
as last year and is to be read into the record as presented in order to assure compliance
with the TRIM laws (s.200.065, F.S.}.
Prior to this hearing, the City Manager presented a Proposed Operating Budget and held
four workshops to review and make adjustments with the City Commission's guidance.
The Proposed Operating Budget as amended is funded using the millage rate of 2.9974
mills. This represents a 12.60% increase over the rolled back-rate of 2.6620 mills.
• On September 12, 2005, the City Commission approved the recommended tentative
millage rate of 2.9974 mills and the Operating Budget Ordinance 20-OS-72 with total
expenditures of $23,772,994.
RECOMMENDATION:
• l.) Hold two public hearings as described in the attached outline to approve
both the Resolution OS-09 for the Millage Rate of 2.9974 mills and the
Operating Budget Ordinance #20-OS-72 with total expenditures of
• $23,772,994 in that order by separate vote.
ATTACHMENTS: Agenda for Public Hearings
• Resolution #OS-09
Ordinance # 20-OS-72
Budget Summary of all Funds
REVIEWED BY CITY MANAGE
AGIrNDt1 ITI;NI #(C
SEP7'IrMB1;R 2G, 200
ADOPTION OF MILEAGE AND OPERATING BUDGET FOR FISCAL YEAR
2005/2006
First item to be considered;
Adoption of a Millage Rate
State the following:
The Tentative Millage Rate is 2.9974
The Roll-Back Rate is 2.6620
The Tentative Millage is 12.60% higher than the Roll-Back Rate
The purpose for the increase in ad valorem tax revenue is to maintain
adequate funding for the existing level of service at anticipated increased
COSt.
Motion to adopt a Millage Rate for operating purposes of 2.9974
Open Public Hearing
Close Public Hearing and Vote
Second item to be considered:
The Ordinance #20-OS-72 establishing the Operating Budget for fiscal year
2005/2006 of $23,772,994.
Motion to adopt Ordinance #20-OS-72 establishing the Operating Budget for fiscal
year 2005/2006.
Open a Public Hearing
Close Public I-Iearing and Vote
• AGENDA ITEM #GC
SEPTEMBER 26, 2005
RESOLUTION NO.OS-09
A RESOLUTION OF THE CITY OF ATLANTIC BEACH,
FLORIDA LEVYING THE AD VALOREM PROPERTY
TAX MILEAGE RATE FOR MUNICIPAL PURPOSES ON
' ' ALL TAXABLE PROPERTY WITHIN TI-IE CITY FOR THE
.. FISCAL YEAR BEGINNING OCTOBER 1, 2005 AND
ENDING SEPTEMBER 30, 2006; STATING THE
' ' PERCENTAGE BY WHICH THE MILEAGE TO BE
LEVIED EXCEEDS THE ROLLED-BACK RATE; AND,
PROVIDING AN EFFECTIVE DATE.
• . WHEREAS, Florida law requires the City Commission of the City of Atlantic Beach,
Florida, to pass a resolution levying the millage rate for ad valorem property taxes for municipal
purposes on all taxable property within the city limits of the City of Atlantic Beach, Florida, for
the fiscal year beginning October 1, 2005 and ending September 30, 2006; and
• WHEREAS, Florida law requires said resolution to state the millage rate to be levied,
and also, to state the percentage by which the millage rate to be levied exceeds the rolled-back
rate as computed pursuant to Florida law; and
• ~ WHEREAS, the City Commission of the City of Atlantic Beach, Florida, has duly
considered the budgetary requirements of the City; has adopted a tentative budget for the fiscal
year beginning October 1,2005 and ending September 30, 2006, based on a millage rate of
• ~ 2.9974 mills on the taxable property within the City; and has acted in accordance with the terms,
• provisions, and procedures contained in section 200.065, Florida Statutes;
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Atlantic Beach, Florida, that
. l . The ad valorem property tax millage rate for municipal purposes to be levied on
the taxable properly within the city limits of the City of Atlantic Beach, Florida, during the fiscal
• ~ year beginning Octoberl, 2005 and ending September 30, 2006, is hereby set at the rate of
• 2.9974 mills.
2. The percentage by which this millage rate to be levied exceeds the rolled-back
rate of 2.6620 is 12.60.
3. This resolution shall take effect immediately upon its passage and adoption by the
City Commission of the City of Atlantic Beach, Florida.
ADOPTED at a public hearing by the City Commission of the Ciry of Atlantic Beach,
Florida on the 26`t' day of September 2005.
AGENDA ITEM #6C
SEPTEMBER 2<, ?005
John S. Meserve
Mayor !Presiding Officer
Approved as to form and correctness:
Alan C. Jensen, Esquire
City Attorney
ATTEST:
Donna L. Busscy
City Clcrk