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RESOLUTION 2021- 19
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH,
FLORIDA, ADOPTING THE MILLAGE RATE FOR THE FISCAL YEAR BEGINNING
2021 AND ENDING SEPTEMBER 30, 2022; AND PROVIDING AN
OCTOBER 1,
EFFECTIVE DATE.
WHEREAS, Chapter 200 of the Florida Statutes provides the procedure for adoption of
ad valorem taxes and millage rates; and
WHEREAS, the City of Fort Walton Beach held a Budget Policy Meeting on June 29,
2021 and a Budget Workshop on August 3, 2021 to discuss the proposed FY 2021- 22 budget; and
WHEREAS, the City held a public budget hearing on September 8, 2021, as required by
Section 200. 065 of the Florida Statutes; and
WHEREAS, 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
97%, from the 2020 final gross taxable property
1, 637, 147, 629, an increase of$ 92, 165, 687, or 5.
value of$ 1, 544,981, 942; and
WHEREAS, on September 8, 2021 the City Council tentatively adopted the operating
millage rate of 5. 3293 mills with no debt service millage; and
WHEREAS, Section 200.065, Florida Statutes, requires that at the conclusion of the
second public hearing on September 27, 2021 to discuss the City' s proposed millage rate and
budget, the City Council adopt the final ad valorem millage rate for operating purposes and set any
debt service millage rate by adoption of a resolution that includes the percentage increase or
decrease over the" rolled-back" rate.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF FORT WALTON BEACH, FLORIDA:
Section 1. Final Millage Rate
The City Council hereby sets the final operating millage rate for the City of Fort Walton
is 4. 82% more than the rolled-back rate of 5. 0844
Beach for FY 2021- 22 at 5. 3293 mills,
which
mills. There is no voted debt service millage.
Section 2. Effective Date
This resolution shall become effective on and after October 1, 2021.
Adopted:
FOA W4L . ichard A. Rynearson, Mayor
04 '
N‘ ,
roved for form, legal sufficiency
Attest: r
srr Or/
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Ha a Sykes, Jr., Ci •' ttorne/
m M. Barnes, City Clerk FLoatol ,.