R-1104-05 RESOLUTION NO. 1104-05
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 1,2005;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
$711,552,042; and
WHEREAS, the Miami Shores Village Council has applied the certified property values to the
operating budget for the fiscal year beginning October 1, 2005; and
WHEREAS, tax levies are required and applied to the value of one mill and incorporated into the
FY 2005-2006 Proposed Operating and Debt Service Budgets; and
WHEREAS, the first of two public hearings on the property tax levies and corresponding budgets
was held on Thursday, September 8, 2005,
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
2005-2006 at 8.2500 mills, which is 19.408% greater than the rolled-back
millage rate of 6.9091 mills.
Section 2. The Village Council hereby sets the final Debt Service Ad Valorem tax levy for
FY 2005-2006 at 0.9296 mills(0.3637 plus 0.5659 for the Aquatic Center
and Charter School General Obligation Bonds respectively).
Section 3. This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED this 22nd day of September, 2005.
ATTEST:
AAV �� CrnC I Davis, Mayor
Barbara A. Estep, CMC
Village Clerk
APPROVED AS TO FORM:
Richard Sarafan
Village Attorney