Resolution - Setting Tentative Operating Ad Valorem Tax Rate and Debt Service Tax Rate

CITY OF DANIA BEACH

Agenda Request Item

Type of Request: Adopt Resolution

(Adopt Resolution, Adopt Ordinance (1st Reading) Adopt Ordinance (2nd Reading)

Award Bid /RFP, Presentation, Public Hearing)

Continued from:

Requested Action        (Identify appropriate Action or Motion)

     Adopt Resolution

Description of Action

Maintains City’s annual Operating Ad Valorem Millage rate at 5.9998 mils and also establishes annual voter-approved Debt Service Millage rate for the fiscal year beginning October 1, 2013 at .2690 mils.  The Resolution calls for the City’s 1^st Public Hearing on the Ad Valorem rates and the Manager’s Recommended Budget to be held on Thursday September 12, 2013 at 6:00 p.m. at Dania Beach City Hall.

Purchasing Requests ONLY
Dept:	Acct #:	Amt:
Fund:  (Select from: General, Water, Sewer, Stormwater, Grants, Capital)

Fiscal Impact/Cost Summary

     Provides annual operating funding for City General operations including Police, Fire/Rescue, Recreation and administration.  Also provides annual funding for payment of voter-approved General Obligation Bond debt repayment.

Exhibits Attached

     Memo, Resolution, State Ad Valorem Tax Form, State Debt Service Tax Form