Item Coversheet

CITY OF RIVIERA BEACH CITY COUNCIL
AGENDA ITEM SUMMARY

Meeting Date: 9/16/2020 
Agenda Category:ORDINANCE ON SECOND READING
Subject: Ordinance setting the Maximum Millage Rate for FY 2020/2021
Recommendation/Motion: 

Approve Ordinance on Second Reading a millage rate of 8.4520 for the FY 2020/2021

Originating Dept FINANCE  Costs  
User Dept. 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 2020-2021 would be sufficient to run the General Fund operations of the City.  The proposed millage rate is 6.22% higher than the rolled back rate of 7.9567. 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 the Truth in Millage Process (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
FN-AGENDA_ITEM_TRANSMITTAL_MEMO_TENTATIVE_BUDGET_-_Final.pdfCover Memo9/3/2020Cover Memo
1_-_ORDINANCE_MILLAGE_RATE_FOR_2020_2021(1).docx1 - ORDINANCE_MILLAGE RATE FOR 2020_2021(1)9/1/2020Ordinance
DR-420.pdfDR-420 8/21/2020Backup Material
PBC_2020_PRELIM_TAXABLE_VALUE.pdfPBC 2020 PRELIM TAXABLE VALUE8/21/2020Backup Material
REVIEWERS:
DepartmentReviewerActionDate
Financesherman, randyApproved9/9/2020 - 8:37 AM
PurchasingPemsel, AltheaApproved9/9/2020 - 9:29 AM
Financesherman, randyApproved9/10/2020 - 7:37 AM
AttorneyWynn, DawnApproved9/10/2020 - 3:57 PM
City ClerkRobinson, ClaudeneApproved9/10/2020 - 4:07 PM
City ManagerJacobs, DeirdreApproved9/10/2020 - 11:00 PM