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HomeMy WebLinkAboutResolution No. 2017-16 RESOLUTION NO.2017-16 A RESOLUTION OF THE CITY OF CAPE CANAVERAL, BREVARD COUNTY, FLORIDA; ADOPTING A TENTATIVE MILLAGE RATE FOR THE LEVY OF AD VALOREM TAXES FOR FISCAL YEAR 2017/2018 ON ALL TAXABLE PROPERTY LOCATED WITHIN THE CITY OF CAPE CANAVERAL, BREVARD COUNTY, FLORIDA; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City wishes to impose Ad Valorem Taxes based upon an approved millage rate; and WHEREAS, Florida Statute 200.065 expressly provides no millage shall be levied until a resolution or ordinance has been approved by the governing board of the taxing authority and upon preparation of a tentative budget,but prior to adoption thereof,each taxing authority shall compute a proposed millage rate necessary to fund the tentative budget other than the portion of the budget to be funded from sources other than Ad Valorem Taxes. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Cape Canaveral, Brevard County, Florida, as follows: Section 1. The total millage for all City operating purposes is 4.0190 mills on the dollar of taxable value for the 2017/2018 Fiscal Year for the City of Cape Canaveral, Florida. This millage represents a rate higher than the previous year's rate. Section 2. The City of Cape Canaveral, Brevard County, Florida, hereby adopts and imposes a tentative millage rate of 3.9555 mills for General Government Millage. This proposed Ad Valorem Tax shall be levied upon the 2017 Tax Assessment Roll for Ad Valorem Tax on all taxable property located within the City of Cape Canaveral and is to be used for the City's Fiscal Year beginning October 1, 2017 and ending September 30, 2018. City of Cape Canaveral,Florida Resolution No.2017-16 Page 1 of 2 Section 3. The City of Cape Canaveral, Brevard County, Florida, hereby adopts and imposes a tentative millage rate of 0.0635 mills for the Library Dependent Special District, as approved in the 1985 referendum election. This proposed Ad Valorem Tax shall be levied upon the 2017 Tax Assessment Roll for Ad Valorem Tax on all taxable property located within the City of Cape Canaveral and is to be used for the City's Fiscal Year beginning October 1, 2017 and ending September 30, 2018. Section 4. This Resolution shall become effective immediately upon its adoption. ADOPTED BY the City Council of the City of Cape Canaveral,Brevard County, Florida, this 5th day of September, 2017. Bob Hoog, Mayor ATTEST: Name For Against Mia Goforth, CMC Mike Brown Second City Clerk Bob Hoog x Brendan McMillin x Rocky Randels Motion Betty Walsh Absent Approved as to Form: Anthony A. Garganese, City Attorney City of Cape Canaveral,Florida Resolution No.2017-16 Page 2 of 2