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09-09-1999 Budget Hearing Meeting• • • MIAMI SHORES VILLAGE BUDGET HEARING - FISCAL YEAR 1999-2000 THURSDAY, SEPTEMBER 9, 1999 VILLAGE HALL The Miami Shores Village Council held its first Public Hearing on the Fiscal Year 1999-2000 Budget on Thursday, September 9, 1999 in the Council Chambers of the Village Hall. The Hearing was called to order at 6:35 PM with the following members present: PRESENT: ALSO PRESENT: AB SENT: Mayor Ulmer Bob Blum Al Davis Steve Loffredo Tom Benton, Village Manager Barbara A. Fugazzi, Village Clerk Mark A. Malatak, Finance Director Richard Sarafan, Village Attorney Mary Ross Agosta 1) PRESENTATION OF TENTATIVE BUDGET. Mr. Benton briefly outlined the information contained within the transmittal letter, including the proposed millage rates for the FY1999-2000 operating budgets and debt service. Mr. Benton indicated that the operating millage rate represents the rolled -back rate of 8.3627 and that the garbage fees were not raised for the 7th consecutive year. Mayor Ulmer asked that the budget "process" be reviewed. Mr. Malatak explained the budget process began with the workshop held in July and will be completed at the second public hearing which will take place on September 21, 1999 at 6:30 PM, with the new year starting October 1. 2) DISCUSSION OF PROPOSED MILLAGE RATES (8.3627 + 0.6065) FOR OPERATING BUDGET AND DEBT SERVICE RESPECTIVELY. The Council did not have any questions with respect to the millage rates. 3) DISCUSSION OF PROPOSED FY1999-2000 OPERATING & CAPITAL BUDGETS. The Council did not have any questions regarding the proposed budgets. Jr' 410 4) A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES VILLAGE, FLORIDA, TENTATIVELY ADOPTING THE PROPOSED LEVY OF AD VALOREM TAX RATES FOR GENERAL OPERATING AND VOTER -APPROVED DEBT SERVICE OBLIGATIONS FOR MIAMI SHORES VILLAGE FOR FISCAL YEAR 1999-2000; PROVIDING FOR AN EFFECTIVE DATE. • The Clerk read the caption of the Resolution. Mr. Loffredo moved to tentatively approve the millage rates for general operating and for the voter -approved debt service. Mr. Davis seconded the motion. Mayor Ulmer invited public comment. There was no one present who wished to speak. Mr. Loffredo thanked the staff for their work in accomplishing the task of lowing the millage rate. Mr. Loffredo reminded the public that due to the debt service associated with the new aquatic center, residents would pay a slightly higher combined tax to the Village. The vote was taken and was unanimous in favor. 5) A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES VILLAGE, FLORIDA ESTABLISHING TENTATIVE OPERATING AND DEBT SERVICE AD VALOREM MILLAGE LEVIES FOR FISCAL YEAR 1999-2000; SETTING THE TIME, DATE AND PLACE OF THE RESPECTIVE PUBLIC HEARINGS ON THE PROPOSED FY 1999-2000 BUDGETS AND TENTATIVE MILLAGE RATES. The Clerk read the caption of the Resolution. Mr. Davis moved to tentatively approve the proposed FY1999-2000 Budgets and millage rates. Mr. Loffredo seconded the motion. Mayor Ulmer invited public comment, hearing none, he called for the vote which was unanimous in favor. The Clerk advised that the second and final public hearing seeking comments on the proposed ad valorem tax levies for operating and debt service, as well as the adoption of operating and capital budgets will be held on Tuesday, September 21, 1999 at 6:30 PM. 6) ADJOURNMENT. The first Public Hearing on the Fiscal Year 1999-2000 Budget was adjourned at 6:50 PM. Mark S. Ulmer, Mayor Barbara A. Fugazzi, CMC Village Clerk • Page 2