R-1185-10 RESOLUTION NO. 1185-10
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES VILLAGE,
FLORIDA, ESTABLISHING FINAL AD VALOREM TAX LEVIES FOR THE GENERAL
FUND AND OTHER FUNDS OF THE VILLAGE FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2010, 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$721,173,823;
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, 2010; and
WHEREAS,tax levies are required and applied to the value of one mil and incorporated into the
FY2010-2011 Proposed Budgets; and,
WHEREAS,the first of two public hearings on the property tax levies and corresponding budgets
was held on Wednesday,September 8,2010.
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 FY2010-2011 at
8.0000 mils which represents a decrease of 7.62%from the roll-back rate.
Section 2. The Village Council hereby sets the final Debt Service Ad Valorem tax levy for FY2010-2011
at 0.7762(0.3096 and 0.4666 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 at a Public Hearing this 21' day of September,2010.
ATTEST:
4��w It;/ /J/�G Davis, Mayor
Barbara A. Estep, MMC
Village Clerk
Richard Sarafan
Village Attorney