06-1711 Adoption of Final Millage Rate

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RESOLUTION 06-1711 "A RESOLUTION OF THE CITY OF CASSELBERRY, FLORIDA, ADOPTING THE FINAL OPERATING MILLAGE RATE OF 5.00 MILLS FOR THE CITY OF CASSELBERRY FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1, 2006 AND ENDING ON SEPTEMBER 30, 2007; ANNOUNCING THE PERCENT AGE BY WHICH THE TENTATIVE OPERATING MILLAGE RATE EXCEEDS THE ROLLED-BACK RATE; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE." WHEREAS, the City Commission of the City of Cassel berry, on September 25,2006, will approved Fiscal Year 2006-2007 Final Millage Rate following a public hearing as required by Florida Statute 200.065; and WHEREAS, the City Commission of the City of Cassel berry, will hold a public hearing as required by Florida Statute 200.065; and WHEREAS, the gross taxable value for operating purposes not exempt from taxation within Seminole County has been certified by the Seminole County Property Appraiser to the City of Casselberry as $1,408,530,440; and WHEREAS, the City Commission of the City of Casselberry desires to adopt the final operating millage rate and publicly announce their percentage change by which the final operating millage rate exceeds the rolled-back rate; and WHEREAS, the City Commission of the City of Casselberry deems that this Resolution is in the best interest ofthe public health, safety, and welfare of the citizens of Casselberry. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF CASSELBERRY, FLORIDA, AS FOLLOWS: SECTION I. Final Millal!:e Rate. The City Commission adopts its final operating millage rate of 5.00 mills for the fiscal year commencing October I, 2006 and ending September 30, 2007. SECTION II. Rolled-Back Rate. The final operating millage rate of 5.00 mills is a 24.05 percent increase from the computed rolled-back rate of 4.037 mills 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. SECTION IV. Notification to the State of Florida. Within thirty (30) days of the date of this Resolution, the City Clerk shall certifY compliance with Chapter 200, Florida Statutes by causing the Certification of Compliance, along with all necessary documentation, to be sent to the Property Tax Administration of the Department of Revenue.