R-1051-02 0
RESOLUTION NO. 1051-02
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL,MIAMI SHORES
VILLAGE,FLORIDA ESTABLISHING TENTATIVE AD VALOREM TAX LEVIES FOR
GENERAL OPERATING AND VOTER-APPROVED DEBT SERVICE PURPOSES FOR
THE FISCAL YEAR BEGINNING OCTOBER 1,2002;PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS,The Miami Shores Village Council has reviewed the estimated revenues and
projected expenditure requirements for the fiscal year beginning October 1, 2002; and
WHEREAS, the Village Council on Tuesday, September 3, 2002, held the first of two
public hearings prescribed by Florida State Statute 200.065; and
WHEREAS, the Village Council has tentatively set the ad valorem millage rates for
FY2002-2003 at 7.7500 and 0.5151 mills for operating and debt service purposes respectively,
NOW,THEREFORE, BE IT RESOLVED BY THE MIAMI SHORES VILLAGE COUNCIL, that:
Section 1. The following operating budgets are hereby tentatively approved for
FY2002-2003 with all sums to be appropriated following the second
public hearing.
Expense
Revenues Appropriation
Funds &Reserves &Reserves
General Fund $9,633,774 $9,633,774
Debt Service Fund 249,313 249,313
Special Revenue Funds 2,325,001 2,325,001
Capital Projects Funds 1,405,487 1,405,487
Enterprise Funds 2,482,974 2,482,974
Internal Service Funds 1,470,011 1,470,011
Total All Funds: $17,566,561 $17,566,561
Section 2. The Village Council will conduct the final public hearing on the Proposed
Budget and corresponding ad valorem tax levies for operating and debt service at 7:00 PM on
Tuesday, September 17, 2002 in the Miami Shores Village Council Chambers, 10050 N.E. 2nd
Avenue, Miami Shores.
Section 3. This Resolution shall take effect immediately up i adoption.
PASSED AND ADOPTED THIS 3rd day of September, 2002. f
ATTEST:
Davis, Mayor
4u&a -
Barbara A. Fugazzi, C14C `
Village Clerk
APPROVED AS TO FORM:
4
Richard Sarafan
Village Attorney