R-1068-03 RESOLUTION NO. 1068-03
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 1,2003;
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, The Miami-Dade County Properly Appraiser has determined that the value of
real and personal property not exempt from taxation for Miami Shores Village has been certified
at$532,350,000; and
WHEREAS, the Miami Shores Village Council has applied the certified property values to
the operating budget for the fiscal year beginning October 1, 2003; and
WHEREAS, the first of two public hearings on the property tax levies and corresponding
budgets were held on Thursday, September 4, 2003,
NOW, THEREFORE, BE IT RESOLVED BY THE MIAMI SHORES VILLAGE COUNCIL that:
Section 1. The Village Council hereby tentatively sets the final Operating Ad
Valorem tax levy for FY 2003-2004 at 7.7500 mills, which is 11.108%
greater than the rolled-back millage rate of 6.9752 mills.
Section 2. The Village Council hereby tentatively sets the final Debt Service Ad
Valorem tax levy for FY 2003-2004 at 0.5151 mills.
Section 3. The Village Council will adopt the final millage rates following the second
of two, mandatory public hearings, the second of which is scheduled for
7:00 PM on Tuesday, September 16, 2003 to discuss the proposed
operating and debt service budgets, in compliance with Florida Statute
200.065.
Section 4. This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED this 4t'day of September, 2003
ATTEST:
i CMC Herta Holly, Vice Mayor
Barbara A. Estep, CMC
Village Clerk
PROVED AS TO FORM:
Richard Sarafan
Village Attorney