Fort Walton Beach Council agenda — 09-19-2007 special agenda — reading text

',~ L~,' 1. From: Toni L Craig [ toni@tlcpa. gccoxmail.com] Sent: Thursday, September 13, 2007 12: 07 PM To: Charlotte Dunworth Subject: RE: Millage Resolution Charlotte Yes, that is great- the resolution is approved for form and legal sufficiency. You are doing a great job! Toni L. Craig Attorney at Law Fla Bar No 115444 Original Message----- From: Charlotte Dunworth [ mailto: cdunworth@fwb. org] Sent: Thursday, September 13, 2007 11: 44 AM To: toni@tlcpa. gccoxmail.com Subject: RE: Millage Resolution Please see attached. I believe the additional language in Section 2 is what you requested. Original Message----- From: Toni L Craig [ mailto: toni@tlcpa. gccoxmail.com] Sent: Thursday, September 13, 2007 11: 33 AM To: Charlotte Dunworth Subject: RE: Millage Resolution Charlotte I think it would be beneficial to add one more sentence in section 1 or 2 that this rate is consistent with the Legislative requirements passed in the last session. Do you have a reference for that percentage decrease requirement? Toni L. Craig Attorney at Law Fla Bar No 115444 Original Message----- From: Charlotte Dunworth [ mailto: cdunworth@fwb. org] Sent: Thursday, September 13, 2007 11: 21 AM To: toni@tlcpa. gccoxmaiJ.com Cc: Joyce Shanahan; Carole Jones Subject: Millage Resolution Toni, Please review the attached resolution setting the final millage rate for legal sufficiency. I will be forwarding the amended budget ordinance to you on Monday when I have updated the carryover numbers. Thanks! Charlotte 9/ 13/ 2007  Certification of Taxable Value FOR OOR I,ISE ONLY DR- 420 Year: 2007 '. City: R. 06/07 TA: County: OKAI"OOSA Levy: Principal 'Authority: Taxing Authority; CITY QF FT WALTON BEACH 1) Current Year Taxable Value of Real Property for Operating Purposes 1, 342,()04j067: ( 1) 2) Current Year Taxable Value of Personal Property for Operating Purposes 1.43,~ 5.9, 400. ( 2) 3) Current Year Taxable Value of Centrally Assessed Property for Operating Purposes 0. ( 3) 4) Current Year Gross Taxable Value for Operating Purposes ( 1) + ( 2) + ( 3) = ( 4) 1,485, 863, 467 . ( 4) 5) Current Year Net New Taxable Value New Construction + Additions + Rehabilitative Improvements Increasing Assessed Value By At Least 100% + Annexations + Tolal Tangible Personal Property Taxable Value In Excess of 115% of the Previous Year's Total Tangible Personal Property Taxable Value- 41, 743, 210. 5) 6) Current Year Adjusted Taxable Value ( 4) - ( 5) $ 1, 444, 120.,257 6) 7) Prior Year FINAL Gross Taxable Value ( From Prior Year Applicable Form DR-403 Series) $ 1, 355,358, 652 7). B) Enter number.?f Tax Inqrement Value Worksheets ( DR-420TIF) atta~ hed ( If none, enter 0) 2 I do hereby certify'~ e values ~howo herein to be corr~ ct.to the best of my knowledge and beih~( Witness my hand and official signature at FT WALTON BEACH , Florida, this the . ~ day of JUNE, 2007 iNG AUTHORITY: o1.theform is.llotcompleted in fULL your S.ECTION \I ' .: TA)( porti.~n 11thi!' Authority .ril be de. . d TRIM certific~tion and possibly lose its.!JI.illage Ievy' privilege for the tax year. If any line is inapplicable. enter NfA or -0". . , " 9) . f'riorYear Operating Millage Le;vy $. ..... '. 4.~ gA 58. . per$ 1. 000 ( 9) 10) Prior Year Ad Valorem Proceeds ( 7) x (9) $ 6 ,: 296- 7 ,. 2 5 . ( 10) 11) Amount, ifany. paid or applied"jn prior year as a consequence of an obligation measured by a dedicated increment value: Sum of either line ( 3) c or ( 4) a for all DR-420TIF forms $ ( 964 , 37,9 . 11) 12) Adjusted Prior Year Ad Valorem Proceeds ( 10) - ( 11) $ ') , 11? , 1 b h , ( 12) 13) Dedicated Increment Value, if any: Sum of either-line ( 3) b or (4) e for all DR- 420TIF' forms $ 237 , 594 , 807 ( 13) 14) Adjusted Current Year Taxable Value ( 6) - ( 13) $ 1', 2.0 6 , 525 . 45.0 ( 14) 15) Current Year Rolled- Back Rate' ( 12) divided by ( 14) $ 4,. 4196 per$ 1. 000 ( 15) C. 16)' Current Year Proposed Operating Millage Rate $ 4. 6458 per$ 1. 000 ( 16) 17) Check TYPE of Principal Authority ( check one) Dcounty o Independent ~ p. Dist. XIMunicipality' DWater' Man. District 18) Check Applicable Taxi - ng Authority ( check one) ua Principal Authority, Doep. Spec. DMsru Dist. 19) Is millage levied in UIb. lil! JJ1;:1. IiIi~ sm; I~ mote than one county? (check one) IIf; urll' I . JJIIR' ii:'=J ~"..."" T .~~.. ~ ~ DYes rJ ' Hf DNo