Fort Walton Beach Council agenda — 09-20-06 ‎(special, budget)‎ — reading text

j';:N,( TRIM certification and TAXING AUTHORITY: If this portion of the form is not completed in FULL your Authority will be denied for the tax If line is inapplicable, enter N/ A or -0-. possiblylose its millage levy privilege year. any SECTION II Prior Year Operating Millage Levy 4. 9700 per $ 1, 000 8) 5, 465, 329 9) Prior Year Ad Valorem Proceeds ( 7) x ( 8) 4. 0746 per $ 1, 000 10) Current Year Rolled- Back Rate ( 9) divided by ( 6) 4. 9700 per $ 1 , 000 11) Current Year Proposed Operating Millage Rate 12) Check TYPE of Taxing Authority: J County c= L:= J Oependent District L:= J Municipal Service Taxing Unit District Municipality L:=Independent. L:= J Special Dlstnct J Multi- County J Water Management c::: 13) IF DEPENDENT SPECIAL DISTRICT OR MSTU IS MARKED, PLEASE SEE REVERSE SIDE. 14) Current Year Millage Levy for VOTED DEBT SERVICE $ per $ 1, 000 15) Current Year Millage Levy for OTHER VOTED MILLAGE $ per $ 1, 000 DEPENDENT SPECIAL DISTRICTS SKIP Iiries( 16) through (22f 16) Enter Total Prior Year Ad Valorem Proceeds of ALL DEPENDENT Special Districts and MSTU' s levying a The sum of Line ( 9) from each District' s Form DR- 420) millage. ( 5, 465, 329 17) Total Prior Year Proceeds: ( 9) + ( 16) 4. 0746 per $ 1, 000 18) The Current Year Aggregate Rolled- back Rate: ( 17) divided by ( 6) 19) Current Year Aggregate Rolled- back Taxes: ( 4) x ( 18) 5. 556. 976 6, 778, 130 20) Enter Total of all non- voted Ad Valorem Taxes proposed to be levied by the Principal 1 11) x Line ( 4) Taxing Authority, all Dependent Districts, and MSTU' s if any. Line ( 4. 9700 per $ 1, 000 21) Current Year Proposed Aggregate Millage Rate: ( 20) divided by ( 4) 22) Current Year Rate as a PERCENT CHANGE of Rolled- back Rate: Proposed 21. 98 0/ 0 Line 21 divided by Line 18) - 1. 00J x 100 Wednesday, September 6, 2006 at 5: 30pm Date, Time and Place of the first Public Budget Hearing: City Council Chambers, 107 Miracle Strip Parkway, Fort Walton Beach, FL 32548 and rates shown herein to be correct to the best of my knowledge and belief. FURTHER, I certify that I do hereby certify the mill ages all millages with the provisions of Section 200. 071 or 200. 081, F. S. WITNESS my hand and official signature at comily Fort Wa ton Beach ~. , Florida, this the 2nd day of t , AIICJII~ 20-116- Joyce Shanahan FWB. FL 32548 Cit Mana er 107 Miracle Strip Parkway. of Chief Administrative Officer and Title Address of Physical Location ig atu P Box 4009 Charlotte Dunworth Name of Contact Person 850) 833- 9521 850) 833- 9640 Beach, FL 32549 Phone # Fax # City State Zip See Instructions on Reverse Side  FINAL MILLAGE Script for Public Hearing on Final Millage Mayor: State the following: Resolution 06- 23 will adopt the final millage rate for the City of Fort Walton Beach, Florida for the Fiscal Year October 1, 2006 through September 30, 2007; and provides for an effective date. The Final Millage Rate for FY 2006- 2007 is 4. 6458 mills, which is 14. 02% above the rollback rate of 4. 0746 mills. The rollback rate is the millage rate that will provide the same Ad Valorem tax revenue as was levied during the prior year. The 14. 02% increase is the percentage increase in property taxes. The purpose for setting the millage rate at 4. 6458 mills is to fund expenses of the General Fund for the fiscal year beginning October 1, 2006 and ending September 30, 2007. Mayor: Open the Public Hearinq and ask for comments on the final millage rate. Mayor: Close the Public Hearinq. Mayor: Ask for a Motion and Second to set the final millage rate for the City of Fort Walton Beach at 4. 6458 for the Fiscal Year beginning October 1, 2006 and ending September 30, 2007. Use specific language above for motion.) Mayor: Ask for Council Discussion. Mayor: Ask for a Vote. Mayor: Upon passage of the motion, the Mayor shall announce: The Final Millage Rate for the City of Fort Walton Beach is 4. 6458 mills for the fiscal year beginning October 1, 2006 and ending September 30, 2007 and is 14. 02% above the rollback rate of 4. 0746 mills. The 14.02% increase is the percentage increase in property taxes. The purpose for setting the millage rate at 4. 6458 mills is to fund expenses of the General Fund for the fiscal year beginning October 1, 2006 and ending September 30, 2007.  CITY COUNCIL SPECIAL MEETING September 20, 2006 Public Hearing Consideration of Ordinance 1711 adopting the budget for the City of Fort Walton Beach for FY 2006/ 07 Second Reading) ( City Manager) PH - 2 Agenda Item Number:  CITY OF FORT WALTON BEACH Memorandum TO: Joyce Shanahan, City Manager FROM: Charlotte Dunworth, Financial Analyst ~ RE: Budget Adoption for FY 2006- 07 DATE: September 15, 2006 Backaround In compliance with City Charter Section 17, the City Manager is to prepare and submit to Council the annual budget identifying expenditures and revenues in sufficient amounts to cover all appropriations. Discussion The City Manager' s proposed FY 2006- 07 budget, prepared at a millage rate of 4. 6458, was presented to Council at budget workshops during the week of August 14, 2006. Council consensus at the workshops was to maintain the millage rate at 4. 9700 mills. During the September 6, 2006 budget hearing, Council voted to reduce the millage rate to 4. 6458 and continue the curbside residential recycling program. The final budget totals $ 37,696, 428 [ line 31 of ordinance] at a millage rate of 4. 6458 [ line 22 of ordinance] and including curbside residential recycling. The following changes have been made to the budget