R-1118-06 r
RESOLUTION NO. 11,118-06
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 1,2006;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
$827,131,579; and
WHEREAS, the Miami Shores Village Council has applied the certified property values to the
operating budget for the fiscal year beginning October 1, 2006; and
WHEREAS, the first of two public hearings on the property tax levies and corresponding budgets
was held on Tuesday, September 5, 2006,
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
2006-2007 at 8.2500 mills, which is 17.304% greater than the rolled-back
millage rate of 7.0330 mills.
Section 2. The Village Council hereby sets the final Debt Service Ad Valorem tax levy for
FY 2006-2007 at 0.8559 mills(0.3780 plus 0.4779) 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 19th day of September, 2006.
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ATTEST:
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Barbara A. Estep, MMC avis, Mayor
Village Clerk
APPROVED AS TO FORM:
__VRichard Sarafan
Village Attorney