Item Coversheet

CITY OF RIVIERA BEACH CITY COUNCIL
AGENDA ITEM SUMMARY

Meeting Date: 9/19/2018 
Agenda Category:ORDINANCE ON SECOND READING

Subject: Setting the millage rate at 8.4520 mills  for Fiscal Year 2018-2019.

Recommendation/Motion: Approve on Second Reading a millage rate of 8.4520 mills for fiscal year 2018-2019

Originating Dept FINANCE  Costs  
User Dept.ALL Funding Source
AdvertisedYes Budget Account Number
DateAUGUST   
PaperTRIM NOTICE TO ALL PROPERTY OWNERS ADVERSTISED PUBLIC HEARING TO START AT 6:00 P.M.    
Affected PartiesNotified   

Background/Summary: 

During City Council workshop discussions and deliberations the City Council conceptually agreed that levying a millage rate of 8.4520 mills for fiscal year 2018-2019 would be sufficient to run the General Fund Operations of the City.  The proposed millage rate is 3.74% higher than the rolled back rate of 8.1475.    The rolled back rate is the rate that would generate the same amount of property tax revenues as the current year. 

When levying a millage, taxing authorities must follow Chapter 200, Florida Statutes, which governs TRIM.  The Truth in Millage (TRIM) process informs taxpayers and the public about the legislative process which determines local ad valorem taxes.  Florida state laws provide for public input and for governing board of taxing authorities to state specific reason for proposed changes in taxes and the budget. 

Ordinance was approved on the First Reading September 6, 2018




 
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III. Review Comments

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B. Purchasing/Intergovernmental Relations/Grants Comments:
 
C. Department Director Review:
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ATTACHMENTS:
File NameDescriptionUpload DateType
FY_2019_-_ORDINANCE_MILLAGE_RATE_09_06_2018.docxMILLAGE ORDINANCE8/27/2018Ordinance
DR_420_CERTIFICATION_OF_TAXABLE_VALUE_(SIGNED_BY_CITY_MANAGER)_2018_07_20.pdfDR 420 FORMS8/27/2018Backup Material
REVIEWERS:
DepartmentReviewerActionDate
Financesherman, randyApproved9/11/2018 - 8:21 AM
PurchasingAnswererApproved9/11/2018 - 8:22 AM
Financesherman, randyApproved9/11/2018 - 11:36 AM
AttorneyBusby, Lina Approved9/11/2018 - 3:08 PM
City ClerkRobinson, ClaudeneApproved9/11/2018 - 3:28 PM
City ManagerAnswererApproved9/12/2018 - 3:23 PM