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09-19-2006 Budget Hearing Meeting• • • MIAMI SHORES VILLAGE BUDGET HEARING — FISCAL YEAR 2006-2007 The Miami Shores Village Council held their second and final Public Hearing on the proposed Fiscal Year 2006-2007 Operating Budget on Tuesday, September 19, 2006. 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 Al Davis J.C. Rodriguez Herta Holly Steve Loffredo Jim McCoy 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 (8.2500 AND 0.3780 plus 0.4779) FOR OPERATING AND DEBT SERVICE RESPECTIVELY. Mr. Benton made introductory comments regarding the budget and the budget process, including some of the budget highlights. 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, 2006; PROVIDING FOR AN EFFECTIVE DATE. Mrs. Estep read the proposed Resolution into the record. Mr. Loffredo moved to adopt the Resolution as presented. Mrs. Holly seconded the motion. Mayor Davis opened the floor for the Public Hearing. As no one present wished to offer comment relating to the tax levies, Mayor Davis closed the Public Hearing and called the vote, which was unanimous in favor of the motion. 3) A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES VILLAGE, FLORIDA, ADOPTING THE FISCAL YEAR 2006-2007 OPERATING AND DEBT SERVICE BUDGETS AND PROVIDING FOR AN EFFECTIVE DATE. Mrs. Estep read the proposed Resolution. Mr. Rodriguez moved to adopt the Resolution as presented. Mrs. Holly seconded the motion. Mayor Davis opened the Public Hearing. No one present wished to speak in regard to the fiscal year 06/07 budgets. Mayor Davis subsequently closed the Public Hearing and called for the vote which was unanimous in favor of the motion. 4) ADJOURNMENT The September 19, 2006 Budget Hearing was adjourned at 7:10 PM. Barbara A. Estep, MMC Village Clerk Al Davis, Mayor