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Fort Walton Beach Resolution — 2019-12--Final Millage Rate FY 19-20 — reading text

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RESOLUTION 2019- 12 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA, ADOPTING THE MILLAGE RATE FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020; AND PROVIDING AN EFFECTIVE DATE Section 1. Purpose The City of Fort Walton Beach held public budget meetings on July 16, 2019 and August 26, 2019 to discuss the proposed FY 2019- 20 budget. The City held a public budget hearing on September 4, 2019, as required by Section 200.065 of the Florida Statutes. 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, 449, 583, 519. Section 2. Millage Rate The City hereby sets the FY 2019- 20 operating millage rate at 5. 6395 mills, which is equal to the rolled-back rate of 5. 6395 mills. There is no voted debt service millage. Section 3. Effective Date This resolution shall become effective on and after October 1, 2019. Adopted: $ l. e,, b g o G' Richard A. Rynearso ayor Attest: Approved for form, legal s S A J Kim . Barnes, City Clerk d Dykes, Jr., ' oa __ wAiroti ayw o v ; r%' q M4.. F oaioa

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