R-0995-99 Resolution No. 995-99
A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES VILLAGE,
FLORIDA,TENTATIVELY ADOPTING THE PROPOSED LEVY OF AD VALOREM TAX
RATES FOR GENERAL OPERATING AND VOTER-APPROVED DEBT SERVICE
OBLIGATIONS FOR MIAMI SHORES VILLAGE FOR FISCAL YEAR 1999-2000;
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS,the value of real and personal property not exempt from taxation within the Village has been
certified by the Miami-Dade County Property Appraiser, reflecting a current year adjusted taxable value of
$383,570,603;and,
WHEREAS,the Village Council of Miami Shores Village,Florida,has prepared proposed operating budgets
for the various funds of the Village for FY 1999-2000;
WHEREAS, the Administration has calculated the value of each mill for operating and debt service
requirements for the year.
WHEREAS, the Village Council has held the first of two mandatory public hearings to gather public
comment on the operations of the Village for the upcoming fiscal year;and,
NOW, THEREFORE, BE IT DULY RESOLVED BY THE VILLAGE COUNCIL OF MIAMI
SHORES VILLAGE,FLORIDA:
Section 1: That the Village Council tentative adopts the FY 1999-2000 Operating millage rate for
Miami Shores Village, Florida is 8.3627 mills, representing an amount equal to the
rolled-back rate.
Section 2: That the Village Council tentatively adopts the FY 1999-2000 Debt Service millage rate
for Miami Shores Village,Florida, is 0.6065 mills,the first year of the voter-approved
debt service levy.
Section 3: That this resolution shall take effect immediately upon its adoption.
PASSED and ADOPTED following an open public hearing this 9'day of September, 1999.
Mark S. Ulmer,Mayor
Attest:
Barbara A.Fugazzi,C
Village Clerk
Approved as to form:
Richard Sarafan, Esq.
Village Attorney