Resolution 1603-17w 'S
RESOLUTION NO. 1603 -17
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, SETTING
TENTATIVE OPERATING AND DEBT SERVICE AD VALOREM MILLAGE
LEVIES FOR FISCAL YEAR 2017 -2018, BEGINNING OCTOBER 1, 2017,
AND ENDING SEPTEMBER 30,2018; SETTING THE TIME, DATE AND
PLACE FOR THE TWO PUBLIC HEARINGS FOR THE FISCAL YEAR 2017-
2018 OPERATING AND CAPITAL BUDGETS AND PROPOSED AD
VALOREM MILLAGE RATES.
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 levels; and,
WHEREAS, the Village Council, having received and reviewed the Proposed FY2017 -2018
Budgets, held a Council Workshop on Tuesday, July 111h,2017;
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 7.9 mills is hereby
adopted as the Village's proposed operating ad valorem tax levy for the fiscal year beginning
October 1, 2017.
Section 2. A tentative total debt service ad valorem levy for Miami Shores Village of 0.4491
mills is hereby adopted for the Village's voter - approved debt service levies. The individual debt
service levies required to fund Fiscal Year 2017 obligations are 0.1769 mills for the aquatic center
and 0.2722 mills for the charter school general obligation bonds for the fiscal year beginning
October 1, 2017.
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 FY2017-
2018 Operating Budgets and Capital Budgets, and correspondingly setting millage rates for the
new year, with the first public hearing on Tuesday, September 12, 2017 at 6:00 PM and the
second and final public hearing on Tuesday, September 26, 2017 at 6:00 PM in the Council
Chambers of Miami Shores Village Hall, 10050 N.E. 2nd Avenue, Miami Shores, Florida.
THIS RESOLUTION WAS PASSED AND ADOPTED by the Miami Shores Villa e Council on Tuesday,
July 18, 207.
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ATTEST:
M
AP4,QV` D AS TO FORM:.
- r
Richard Sarafan
Village Attorney
am Glinn, Mayor