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09-17-1996 Final Budget Hearing MeetingMIAMI SHORES VILLAGE FINAL BUDGET HEARING TUESDAY, SEPTEMBER 17, 1996 The second and final budget hearing was held in the Council Chambers of Village Hall on Tuesday, September 17, 1996, commencing at 7:30 P.M. with the following members present: PRESENT: Mayor Imburgia Cesar Sastre Michael Boyle William Heffernan Mary Ross Agosta ALSO PRESENT: Michael R. Couz7o, Jr. Barbara A. Fugazzi Mark S. Ulmer PRESENTATION AND DISCUSSION OF FISCAL YEAR 1997 GENERAL FUND AND CAPITAL PROJECTS FUND BUDGETS. Mayor Imburgia stated that in accordance with Florida Statute 200.065 (2)(e)1, the first substantive issue discussed shall be the percentage increase in millage over the rolled -back rate necessary to fund the FY 1996-97 budget. For fiscal year 1996-97, Miami Shores Village is considering to levy a millage rate of 8.74 which is 4.43% increase over the roll -back rate of 8.369. The Council has tentatively adopted a General Fund Budget of $8,310,633 and a Capital Project Fund Budget of $603,158. Mayor Imburgia entertained discussion from the Council and from the public regarding the tentative millage rate and proposed General Fund Budget and Capital Project Fund Budget. Mrs. Ross Agosta recommended and subsequently moved to transfer $500.00 from the Contingency Fund to fund the Dade Partners Program for the Miami Shores Elementary School. Mr. Heffernan seconded the motion and the vote was unanimous in favor. There were no further Council comments nor public comment in reference to the proposed millage rate or budgets. A RESOLUTION ADOPTING THE FINAL MILLAGE RATE FOR 1996 TAX LEVY OF MIAMI SHORES VILLAGE. The Clerk read the caption of the Resolution. Mr. Sastre moved to adopt the Resolution adopting the final millage rate for the 1996 tax levy. Mr. Heffernan seconded the motion and the vote was unanimous in favor. AN ORDINANCE ADOPTING THE MIAMI SHORES VILLAGE ANNUAL BUDGETS FOR FISCAL YEAR BEGINNING OCTOBER 1, 1996, ADOPTED ON AN EMERGENCY BASIS. The Clerk read the caption of the Ordinance. Mr. Sastre moved to adopt the Ordinance. Mrs. Ross Agosta seconded the motion and the vote was unanimous in favor. ADJOURNMENT The second and final budget hearing was adjourned at 7:45 P.M Barbara A. Fugazzi, Vil Louis S. Imburgia, Jr., May