10-2168 Adopting Tentative Operating Mileage Rate for FY 10-11

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RESOLUTION 10-2168 "A RESOLUTION OF THE CITY OF CASSELBERRY, FLORIDA, ADOPTING THE TENTATIVE OPERATING MILLAGE RATE FOR THE CITY OF CASSELBERRY FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2010 AND ENDING SEPTEMBER 30, 2011; ANNOUNCING THE PERCENTAGE BY WHICH THE TENTATIVE OPERATING MILLAGE DOES NOT EXCEED THE ROLLED -BACK RATE; 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 property tax millage rate pursuant to Florida 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 their "TRIM" notice which was mailed out in August 2010; and WHEREAS, the City Commission of the City of Casselberry desires to adopt the tentative operating millage rate and publicly announce the percentage change by which the tentative 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. Tentative Millage Rate. The City Commission adopts its tentative 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 tentative 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. Public Notice. Within fifteen (15) days of the date of this Resolution, the City Clerk shall advertise in a newspaper of general circulation the City's intent to finally adopt the millage rate and shall hold a public hearing to adopt the millage rate not less than two (2) days or more than five (5) days after the date the advertisement is first published. SECTION IV. Conflicts. All Resolutions or parts of Resolutions in conflict with any of the provisions of this Resolution are hereby repealed.