R-1147-08 RESOLUTION 1147-08
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES VILLAGE,
FLORIDA, ESTABLISHING TENTATIVE AD VALOREM TAX LEVIES FOR THE GENERAL
FUND AND OTHER FUNDS OF THE VILLAGE FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2008, 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
$918,133,834; and,
WHEREAS,the Miami Shores Village Council has applied the certified property values to the
General Fund and other Funds of the Village for the fiscal year beginning October 1, 2008; and,
WHEREAS,tax levies are required and applied to the value of one mill and incorporated into
the FY 2008-2009 Proposed Budgets;and,
WHEREAS,the first of two public hearings on the property tax levies and corresponding
budgets was held on Tuesday, September 2, 2008.
NOW,THEREFORE, BE IT RESOLVED BY THE MIAMI SHORES VILLAGE COUNCIL that:
Section 1. The Village Council hereby tentatively sets the final Operating Ad Valorem tax levy
for FY 2008-2009 at 7.6351 mills which represents an increase of 2.979% above the
roll-back rate.
Section 2. The Village Council hereby tentatively sets the final Debt Service Ad Valorem tax
levy for FY 2008-2009 at 0.6578 (0.2402 plus 0.4176)for the Aquatic Center and
Charter School General Obligation Bonds respectively.
Section 3. The Village Council will adopt the final millage rates following the second of two,
mandatory public hearings, the second of which is scheduled for 7:00 PM on
Tuesday, September 16, 2008 to discuss the proposed budgets in compliance with
Florida State Statute 200.065.
Section 4. This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED at a Public Hearing this 2"d day of September,2008.
ATTEST:
��L ___
/MC Herta Holly, Mayor
Barbara A. Estep, MM i"
Village Clerk
APPROVED AS TO FORM:
Vichard Sarafan
Village Attorney