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R-2018-11I RESOLUTION NO. 2018 -11 2 3 4 A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES VILLAGE, 5 FLORIDA, SETTING TENTATIVE OPERATING AND DEBT SERVICE AD 6 VALOREM MILLAGE LEVIES FOR FISCAL YEAR 2018 -2019, BEGINNING 7 OCTOBER 1, 2018, AND ENDING SEPTEMBER 30,2019; SETTING THE TIME, 8 DATE AND PLACE FOR THE TWO PUBLIC HEARINGS FOR THE FISCAL 9 YEAR 2018 -2019 OPERATING AND CAPITAL BUDGETS AND PROPOSED AD 10 VALOREM MILLAGE RATES. 11 12 WHEREAS, the Miami Shores Village Council is required to comply with all of the 13 regulatory provisions identified in Section 200.065, Florida State Statutes, which delineate the 14 presentation of proposed budgets and ad valorem tax levels; and 15 16 WHEREAS, the Village Council, having received and reviewed the Proposed FY2018- 17 2019 Budgets, held a Council Workshop on Tuesday, July 101h, 2018; 18 19 NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF MIAMI 20 SHORES, FLORIDA, THAT: 21 22 Section 1. A tentative ad valorem tax levy for Miami Shores Village of 7.9 mills is 23 hereby adopted as the Village's proposed operating ad valorem tax levy for the fiscal year 24 beginning October 1, 2018. 25 26 Section 2. A tentative total debt service ad valorem levy for Miami Shores Village of 27 0.4192 mills is hereby adopted for the Village's voter - approved debt service levies. The individual 28 debt service levies required to fund Fiscal Year 2018 obligations are 0.1648 mills for the aquatic 29 center and 0.2544 mills for the Charter School general obligation bonds for the fiscal year 30 beginning October 1, 2018. 31 32 Section 3. The Miami Shores Village Council will conduct the two mandatory public 33 hearings in compliance with Section 200.065, Florida State Statutes, on the Proposed FY2018- 34 2019 Operating Budgets and Capital Budgets, and correspondingly setting millage rates for the 35 new year, with the first public hearing on Tuesday, September 4, 2018 at 6:00 PM and the second 36 and final public hearing on Tuesday, September 18, 2018 at 6:00 PM in the Council Chambers of 37 Miami Shores Village Hall, 10050 N.E. 2nd Avenue, Miami Shores, Florida. 38 39 Section 4. This Resolution shall become effective immediately upon its adoption. 40 41 PASSED AND ADOPTED this 17TH day of July 2018. 42 43 ATTEST 44 45 46 Mac dam Glinn, Mayor 47 Ysab11y_ - 9 iiut -Z Pic 48 Village C e FINAL VOTES AT ADOPTION 49 50 APPROVED AS "TO FORM: Council Member Steven zelkowitz Absent Council Member Jonathan Meltz yes 51 52 Council Member Alice Burch yes 53 Vice -Mayor Sean Brady yes 54 Richard Sarafan Mayor MacAdamClinn Yes 55 Village Attorney