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Resolution 2011. 25
A RESOLUTION OF THE CITY OF FORT WALTON BEACH,
FLORIDA, ADOPTING THE TENTATIVE MILLAGE RATE FOR
THE FISCAL YEAR BEGINNING OCTOBER 1, 2011 AND ENDING
SEPTEMBER 30, 2012; AND PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON
BEACH, FLORIDA, THAT:
L Purpose
The City of Fort Walton Beach held a public budget meeting on August 16, 2011 to
discuss the FY 2011 - 12 budget. The City held a public budget hearing on September 6, 2011 as
required by Florida Statutes section 200.065. The Okaloosa County Property Appraiser has
certified that the gross taxable value for operating purposes not exempt from taxation within the
City of Fort Walton Beach is $ 1, 148, 835, 675.
2. Millage Rate
The City hereby tentatively sets the FY 2011 - 12 operating millage rate at 4.5383 mills,
which is 4.38% less than the rolled -back rate of 4.7463 mills. There is no voted debt service
millage.
3. Effective Date
This resolution shall take effect immediately upon approval by the City Council.
Adopted Mike Anderson, Mayor
Attest: Approved for form and legal sufficiency:
Y.f 4- r
Helen Spencer, dty Clerk ay erd Dykes Cy ttorney