Item Coversheet

CITY OF RIVIERA BEACH CITY COUNCIL
AGENDA ITEM SUMMARY

Meeting Date: 9/9/2019 
Agenda Category:ORDINANCE ON FIRST READING
Subject: 

Ordinance on First Reading Setting Millage Rate

Recommendation/Motion: Approve on first reading a millage rate of 8.4520 mills for fiscal year 2019-2020
Originating Dept FINANCE  Costs  
User Dept.FINANCE Funding Source
AdvertisedNo Budget Account Number
Date   
Paper   
Affected PartiesNot Required   
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 2019-2020 would be sufficient to run the General Fund Operations of the City.  The proposed millage rate is 4.75% higher than the rolled back rate of 8.0689. 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.

 
Fiscal Years
Capital Expenditures
Operating Costs
External Revenues
Program Income (city)
In-kind Match (city) 
Net Fiscal Impact
NO. Additional FTE Positions
(cumulative)

III. Review Comments

A. Finance Department Comments:
 
B. Purchasing/Intergovernmental Relations/Grants Comments:
 
C. Department Director Review:
Contract Start Date 
Contract End Date
Renewal Start Date
Renewal End Date
Number of 12 month terms this renewal
Dollar Amount
Contractor Company Name
Contractor Contact
Contractor Address
Contractor Phone Number
Contractor Email
Type of Contract
Describe
ATTACHMENTS:
File NameDescriptionUpload DateType
Memo_re_Millage_Rate.pdfADOPTION OF MILLAGE MEMO9/6/2019Cover Memo
ORDINANCE_SETTING_MILLAGE_RATE_FOR_FY_2020.docxOrdinance setting Millage Rate8/28/2019Ordinance
DR-420_(1).pdfDR-4209/6/2019Backup Material
REVIEWERS:
DepartmentReviewerActionDate
Financesherman, randyApproved8/27/2019 - 8:32 AM
PurchasingAnswererApproved8/27/2019 - 9:18 AM
Financesherman, randyApproved8/28/2019 - 9:57 AM
AttorneyWynn, DawnApproved8/28/2019 - 12:02 PM
City ClerkRobinson, ClaudeneApproved8/28/2019 - 12:23 PM
City ManagerJacobs, DeirdreApproved9/6/2019 - 5:49 PM