HomeMy WebLinkAboutcover pageMAR-15-2004 10 : 12
P . 02/02 vi
E BLIC HEARING ITEM
DISCUSSION OF PROPOSED MILLAGE RATE AND BUDGET
FOR THE DOWNTOWN DEVELOPIVIENT AUTHORITY
PERCENTAGE INCREASE IN MILLAGE OVER ROLLED BACK RATE.
RESPONSE: NINE AND 77/100 PERCENT (9.77%)
SPECIFIC PURPOSE FOR WHICH AD VALOREM TAX REVENUES ARE
BEING INCREASED.
RESPONSE:
EEENAE: DOWNTOWN ECONOMIC DEVELOPMENT PROGRAMS
COST
S 313,792.08
100
CITY COMMISSION LISTENS AND RESPONDS TO CITIZENS COMMENTS
REGARDING THE PROPOSED MILLAGE INCREASE AND EXPLAINS THE
REASONS FOR THE INCREASE OVER THE ROLLED BACK RATE.
ACTIONS BY THE CITY COMMISSION:
1 AMEND THE BUDGET, IF NECESSARY.
2. RECOMPUTE THE PROPOSED MILLAGE RATE, IF NECESSARY.
3. PUBLICLY ANNOUNCE THE PERCENT BY WHICH THE
RECOMPUTED PROPOSED MILLAGE RATE EXCEEDS THE
ROLLED BACK RATE.
4. ADOPT THE FINAL MILLAGE RATE.
3. ADOPT THE FINAL BUDGET.
Reviewed and approved
Alonso Menendez
Chief of Staff
TOTAL. P.02