10-2179 Adoption of Final Millage Rate for Fiscal Year 2010-2011

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RESOLUTION 10-2179 WHEREAS, the City Commission of the City of Casselberry held an initial public hearing as required by Florida Statute 200.065 on the tentative millage rate on September 13, 2010; and WHEREAS, the City Commission of the City of Casselberry has determined that a tax rate of 5.45 mills should be levied on all taxable real and personal property in the City of Casselberry, Florida for fiscal year 2010/201 l; and WHEREAS, the gross taxable value for operating purposes not exempt from taxation within the City of Casselberry has been shown by the Seminole County Property Appraiser to be $1,147,833,852; and WHEREAS, the City Commission of the City of Casselberry desires to adopt the final operating millage rate and publicly announce the percentage change by which the final proposed operating millage rate does not exceed 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. Final Millage Rate. The City Commission adopts its final operating millage rate of 5.4500 for the fiscal year commencing October 1, 2010 and ending September 30, 2011. SECTION II. Rolled-Back Rate. The final operating millage of 5.4500 set forth in Section I immediately above is a 11.44 percent decrease from the computed rolled-back rate of 6.1539 as certified by the Seminole County Property Appraiser. SECTION III. Notification to Seminole County. Within three (3) days of the date of this Resolution, the City Clerk shall forward the Resolution adopting the final millage rate to the Seminole County Property Appraiser and the Seminole County Tax Collector.