Fort Walton Beach Council agenda — 08-11-08 special agenda - budget — reading text

CITY OF FORT WALTON BEACH City Council Special Meeting Agenda August 11, 2008 - 5: 30P.M. City Council Chambers 107 Miracle Strip Parkway, SE Fort Walton Beach, FL 32548 CALL TO ORDER PLEDGE OF ALLEGIANCE ( Mayor) SPECIAL MEETING AGENDA i. Consideration of setting the tentative ad valorem millage rate for FY 2008 -09, and confirming the dates and times of the public hearings for the adoption of the FY 2008 -09 Budget. ( Finance Director) ( See Backup). ADJOURN Any person who decides to appeal any decision made with respect to any matter at this meeting will need a record of the proceedings, and for such purpose may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. (FS286.0105). The City of Fort Walton Beach adheres to the American with Disabilities Act and will make reasonable modifications for access to this meeting upon request. Please call City Clerk Helen Spencer at 850 -833 -9509 to make a request. For Hearing Impaired dial the City Hall TDD # 850 -833- 9925 or 1- 800 -955 -8771 ( TDD) or 1- 800 -955 -8770 ( Voice). Requests must be received at least 48 hours in advance of the meeting in order to allow the City time to provide requested service.  DR -420 FOR DOR USE ONLY R. 06108 City: I TA: CERTIFICATION OF TAXABLE VALUE Rule 12DER08 -18 Florida Administrative Code J % Levy: DEPART; ENT Effective 06/ 08 OF R E V E vU Year County 2008 OKALOOSA Principal Authority Taxing Authority fir- l Of— 69T W& 7-AV 3,eWW CITY OF FORT WALTON BEACH SECTION I: COMPLETED BY PROPERTY APPRAISER 1. Current year taxable value of real property for operating purposes $ 1, 248, 651, 409 ( 1) 2. Current year taxable value of personal property for operating purposes $ 134, 543, 900 ( 2) 3. Current year taxable value of centrally assessed property for operating purposes $ 0( 3) 4. Current year gross taxable value for operating purposes ( Line 1 plus Line 2 plus Line 3) $ 1, 383, 195,309 ( 4) Current year net new taxable value ( Add new construction, additions, rehabilitative improvements 5, increasing assessed value by at least 100 %, annexations, and tangible personal property value in $ 39, 915, 019 ( 5) excess of 115% of the previous year's value. Subtract deletions.) 6. Current year adjusted taxable value ( Line 4 minus Line 5) $ 1, 343, 280, 290 ( 6) 7. Prior year FINAL gross taxable value ( From prior year applicable Form DR -403 series) $ 1, 471, 906, 886 ( 7) Enter number of tax increment value worksheets (DR- 420TIF) attached ( If none, enter 0) 2( 8) 8. Does the taxing authority levy a voted debt service millage or a millage voted for 2 years or less 9. under s. 9( b), Article VII, State Constitution? ( If yes, complete and attach form DR- 420 VMA, Voted Yes No 0 ( 9) Millage Addendum .) Information for maximum millage calculation: Current year gross taxable value for operating $ 1, 499, 247, 020 ( 10) 10. purposes without the impact of Amendment 1. Property Appraiser Certification w I certify the taxable values shown above are correct to the best of my knowledge. w Date z 0 co 9. 2008 PETE SMTIH, OKALOOSA COUNTY PROPERTYAPPRAISER SECTION II: COMPLETED BY TAXING AUTHORITY If this portion of the form is not completed in FULL your authority will be denied TRIM certification and possibly lose its millage levy privilege for the tax year. If any line is inapplicable, enter N/ A or -0 -. J per $ 1, 000 11) 11. Prior year operating millage levy 12. Prior year ad valorem proceeds ( Line 7 multiplied by Line 11) qqe 12) Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a 13. dedicated increment value ( Sum of either Line 6c or Line 7a for all DR- 420TIF forms) qq / /_ J 13) 14. Adjusted prior year ad valorem proceeds ( Line 12 minus Line 13) 192 14) 2 j % / 15) 15. Dedicated increment value, if any ( Sum of either line 6b or Line 7e for all DR- 420TIF forms) f% 16) 16. Adjusted current year taxable value ( Line 6 minus Line 15) t 3 J / 17. Current year rolled -back rate ( Line 14 divided by Line 16, multiplied by 1, 000) Q per $ 1, 000 17) WIV I nww v11 rnvL.  DR -420 R. 06108 Pane 2 SECTION II: COMPLETED BY TAXING AUTHORITY - CONTINUED FROM PAGE 1 18. Current year proposed operating millage rate per $ 1, 000 ( 18) l U Total taxes to be levied at proposed millage rate Line 18 19 multiplied by Line 4, divided by 1, 000 A 191( 19 D j 20. Check TYPE of principal authority (check one) County Independent Special District 20) municipality water Management District 21. Check applicable taxing authority ( check one) Dependent Special District Principal Authority