R-1133-07 RESOLUTION NO. 3 i�7
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 1,2007;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
$956,944,167; and
WHEREAS, the Miami Shores Village Council has applied the certified property values to the
operating budget for the fiscal year beginning October 1, 2007; and
WHEREAS, the first of two public hearings on the property tax levies and corresponding budgets
was held on Tuesday, September 4, 2007; and
WHEREAS, the FY2007-08 millage rate will be equal to the current year rolled-back rate as
reported on the DR-420,
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
2007-2008 at 7.1400 mills, which represents the current year rolled-back rate.
Section 2. The Village Council hereby sets the final Debt Service Ad Valorem tax levy for
FY 2007-2008 at 0.6764 mills(0.2153 plus 0.4611)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 by a unanimous vote of the Village Council, this 18th day of September,
2007.
ATTEST:
Herta Holly, Mayor
Barbara A. Estep, MMC
Village Clerk
APPROVED AS TO FORM:
n
Richard Sarafan
Village Attorney