19-3123 Adopting Tentative Millage Rate for FY 2019-2020

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RESOLUTION 19-3123 A RESOLUTION OF THE CITY OF CASSELBERRY, FLORIDA, ADOPTING THE TENTATIVE MILLAGE RATE FOR THE CITY OF CASSELBERRY FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020; ANNOUNCING THE ROLLED -BACK MILLAGE RATE, THE PERCENTAGE BY WHICH THE TENTATIVE MILLAGE EXCEEDS THE ROLLED -BACK RATE AND THE TENTATIVE MILLAGE RATE TO BE LEVIED; PROVIDING FOR CONFLICTS, SEVERABILITY AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Casselberry must provide public notice of and hold a public hearing on the tentative ad valorem millage rate pursuant to Florida Truth in Millage (TRIM) statute F.S. 200.065; and WHEREAS, the public notice for the public hearing for the tentative millage rate was provided to all taxpayers of the City of Casselberry by the Seminole County Property Appraiser in the (TRIM) notice, which was mailed to taxpayers in August 2019; and WHEREAS, the City Commission of the City of Casselberry desires to adopt the tentative millage rate and publicly announce the percentage change by which the tentative millage rate is above the rolled -back rate; and WHEREAS, the City Commission of the City of Casselberry deems that this Resolution is in the best interest of the public health, safety, welfare and well-being of the citizens of Casselberry. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF CASSELBERRRY, FLORIDA AS FOLLOWS: SECTION I. Rolled -Back Rate. The City Commission announces that the computed rolled -back rate is 2.8624 mills as certified by the Seminole County Property Appraiser. SECTION II. Percentage Increase. The City Commission announces that the percentage increase over the rolled -back rate set forth in Section I immediately above is a 6.62 percent increase; SECTION III. Tentative Millage Rate. The City Commission adopts its tentative millage rate of 3.0519 for the fiscal year commencing October 1, 2019 and ending September 30, 2020. SECTION IV. Public Notice. Within fifteen (15) days of the date of this Resolution, the City Clerk shall publish a Notice of Proposed Tax Increase in a newspaper of general circulation, indicating the tentatively adopted millage rate and proposed tax levy. This advertisement will also indicate the date/time/place that a final decision will be made on the proposed tax increase. This public hearing will not occur less than two (2) days or more than five (5) days after the date the advertisement is first published.