09-17-2002 Budget Hearing Meeting•
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MIAMI SHORES VILLAGE
BUDGET HEARING — FISCAL YEAR 2002-2003
The Miami Shores Village Council held the second and final public hearing on the Fiscal Year 2002-2003
Budget on Tuesday, September 17, 2002 at the Village Hall. The meeting was called to order at 7:00 Pm
with the following members present:
PRESENT:
Mayor Davis
Greg Ullman
Bob Blum
Prospero Herrera
ALSO PRESENT: Tom Benton, Village Manager
Barbara Fugazzi, Village Clerk
Richard Sarafan, Village Attorney
ABSENT: Mark Ulmer
Ms. Fugaz7i indicated that the meeting represented the second the final public hearing on the Fiscal Year
2002-2003 Budget and tax levies. She further stated that the advertisements noticed in the Miami Herald
were in compliance with the Truth-in-millage regulations.
Mr. Benton presented information regarding the tax levies of 7.7500, representing a 5.108% increase over
the rolled back rate of 7.3733 mills for general operating purposes. A mill rate of 0.5151, the same as last
year, is levied for the voter approved, debt -service tax. The Village's Fiscal Year 2002-2003 Operating
Budget total is $17,566,561.
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES VILLAGE,
FLORIDA ESTABLISHING FINAL AD VALOREM TAX LEVIES FOR GENERAL OPERATING
AND VOTER -APPROVED DEBT SERVICE PURPOSES FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2002; PROVIDING FOR AN EFFECTIVE DATE.
The Clerk read the caption of the Resolution. Mr. Blum moved to adopt the tax levies of 75.7500 and
0.5151 for general operating and debt service purposes respectively. Mr. Herrera seconded the motion.
Mayor Davis opened the floor for the Public Hearing. As no one present wished to comment on the
proposed tax levies, Mayor Davis closed the Public Hearing and called for a vote. The resulting vote was
unanimous in favor of the motion.
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES VILLAGE,
FLORIDA ADOPTING THE FISCAL YEAR 2002-2003 OPERATING AND DEBT SERVICE
BUDGETS; AND PROVIDING FOR AN EFFECTIVE DATE.
The Clerk read the caption of the Resolution. Mr. Blum moved to adopt the Fiscal Year 2002-2003
Operating and Debt -Service Budgets as presented. Mr. Herrera seconded the motion. Mayor Davis
opened the floor for the Public Hearing. As no one in the audience wished to comment on the proposed
budgets, Mayor Davis closed the Public Hearing and called for a vote. The resulting vote was unanimous
in favor of the motion.
S The second and final public hearing on the FY 2002-2003 Budgets and tax levies was adjourned at 7:07
PM.
de
Barbara A. Fugazzi, CMC
Village Clerk