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Resolution 2008-40
A RESOLUTION OF THE CITY OF FORT WALTON BEACH,
FLORIDA, ADOPTING THE TENTATIVE MILLAGE RATE FOR
THE FISCAL YEAR BEGINNING OCTOBER 1, 2008 AND ENDING
SEPTEMBER 30, 2009; AND SETTING AN EFFECTIVE DATE.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF FORT WALTON BEACH, FLORIDA, THAT:
1. Purpose
The City of Fort Walton Beach held public budget meetings on August 18-20,
2008 to discuss the FY 2008-09 budget. The City then held a public budget hearing on
September 15, 2008 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
$1,383,195,309.
2. Millage Rate
The City hereby tentatively sets the FY 2008-2009 operating millage rate at
4.3361 mills, which is 7.51% less than the roll-back rate of 4.6883 mills. There is no
voted debt service millage.
3. Effective Date
This resolution shall take effect immediately upon approval by the City Council.
gail LS 002 Nectes ude
Mike Anderson, Mayor
Approved for form and legal sufficiency:
So Rag
Helen Spence? City Clerk | Toni L. Craig, City Attorney /"\