R-1071-03 (2) RESOLUTION NO. 1071-03
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL,MIAMI SHORES
VILLAGE,FLORIDA ESTABLISHING FINAL 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 Property 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 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 sets the final Debt Service Ad Valorem tax
levy for FY 2003-2004 at 0.5151 mills.
Section 3. This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED this 16th day of September, 2003
ATTEST:
Ar. 4y, Mayor
Barbara A. Estep, CMC
Village Clerk
PJ�ROVED AS TO FORM:
Richard Sarafan
Village Attorney