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09-16-2003 Budget Workshop Meeting• • • MIAMI SHORES VILLAGE BUDGET HEARING — FISCAL YEAR 2003-2004 The Miami Shores Village Council held their second and fmal Public Hearing on the proposed Fiscal Year 2003-2004 Operating Budget on Tuesday, September 16, 2003. The Meeting was held in the Council Chambers of Village Hall and was called to order at 7:00 PM with the following Members present: PRESENT: Mayor Jim McCoy Herta Holly Al Davis Ed Quinton Greg Ullman ALSO PRESENT: Tom Benton, Village Manager Barbara Estep, Village Clerk Richard Sarafan, Village Attorney Mark Malatak, Finance Director 1) PRESENTATION AND DISCUSSION OF THE PROPOSED BUDGET AND PROPOSED MILLAGE RATE (7.7500 AND 0.5151) FOR OPERATING AND DEBT SERVICE RESPECTIVELY. Mr. Benton provided a brief synopsis of the proposed budget of $17,711,558 for all funds, the millage rates (7.7500 and 0.5151 for the operating budget and debt service respectively); the assessed property values and the sanitation fees. Mayor McCoy opened the floor for the Public Hearing. Resident Tom Knight, asked how the proposed budget figures compare to the current years budget. Mark Malatak, Finance Director, provided Mr. Knight with the applicable figures. As no one else present wished to comment on the proposed budget, Mayor McCoy closed the Public Hearing. 2) 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, 2003; PROVIDING FOR AN EFFECTIVE DATE. Ms. Estep read the proposed Resolution. Ms. Holly moved to adopt the Resolution as presented. Mr. Davis seconded the motion and the vote was unanimous in favor. 3) A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES VILLAGE, FLORIDA, ADOPTING THE FISCAL YEAR 2003-2004 OPERATING AND DEBT SERVICE BUDGETS AND PROVIDING FOR AN EFFECTIVE DATE. Ms. Estep read the proposed Resolution. Mr. Davis moved to adopt the proposed Resolution. Ms. Holly seconded the motion and the vote was unanimous in favor. • • • 4) ADJOURNMENT The September 16, 2003 Budget Hearing was adjourned at 7:06 PM. Barbara A. Estep, CMC Village Clerk Jim McCoy, Mayor