R-1151-08 RESOLUTION NO. 1151-08
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL,
MIAMI SHORES, FLORIDA, ESTABLISHING FINAL 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 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 of 7.4142.
Section 2. The Village Council hereby 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. This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED by a unanimous vote of the Village Council at a Public
Hearing this 16th day of September,2008.
ATTEST:
&" /h I►i I' Herta Holly, Mayor
Barbara A. Estep, MMC
3111
Village Clerk
APPROVED AS TO FORM:
Richard Sarafan
Village Attorney