R-1130-07 RESOLUTION NO. 1130-07
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, SETTING
TENTATIVE OPERATING AND DEBT SERVICE AD VALOREM MILLAGE
LEVIES FOR FISCAL YEAR 2007/2008 BEGINNING OCTOBER 1, 2007 AND
ENDING SEPTEMBER 30, 2008; SETTING THE TIME, DATE AND PLACE
FOR THE TWO PUBLIC HEARINGS FOR THE FISCAL YEAR 2007-2008
OPERATING BUDGETS AND PROPOSED AD VALOREM MILLAGE LEVIES.
WHEREAS, the Miami Shores Village Council is required to comply with all of the
regulatory provisions identified in Section 200.065, Florida State Statutes, which delineate the
presentation of proposed budgets and ad valorem tax levies; and,
WHEREAS, the Village Council, having received and reviewed the Proposed FY2007-2008
Budgets, held a Council workshop on Tuesday,July 24, and Wednesday, July 25, 2007,
NOW,THEREFORE, BE IT RESOLVED by the Miami Shores Village Council that:
Section 1. A tentative ad valorem tax levy for Miami Shores Village of 7.14 mills
is hereby adopted as the Village's proposed operating ad valorem tax
levy for the fiscal year beginning October 1, 2007.
Section 2. A tentative total debt service ad valorem levy for Miami Shores Village of
0.6764 mills be and the same is hereby adopted for the Village's voter-
approved debt service levies. The individual debt service levies required
to fund FY'08 obligations are 0.2153 mills for the aquatic center and
0.4611 mills for charter school general obligation bonds for the fiscal
year beginning October 1, 2007.
Section 3. The Miami Shores Village Council will conduct the two mandatory public
hearings in compliance with Section 200.065, Florida State Statutes, on
the Proposed FY2007-2008 Operating Budgets, and correspondingly
setting millage rates for the new year, with the first public hearing on
Tuesday, September 4, 2007 at 7:00 PM and the second and final public
hearing on Tuesday, September 18, 2007 at 7:00 PM, in the Council
Chambers of Miami Shores Village Hall, 10050 N.E. 2nd Avenue, Miami
Shores, Florida.
BY A VOTE OF 5 - 0 ,THE RESOLUTION WAS PASSED AND ADOPTED by the
Miami Shores Village Council on July 25, 2007.
ATTEST:
A, 4a & Herta Holly, Mayor
Barbara A. Estep, MMC
Village Clerk
APPROVED AS TO FORM:
Richard Sarafan 18E
Village Attorney