2016-42 Tentative Millage RateRESOLUTION 2016 -42
( i A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
NORTH PALM BEACH, FLORIDA, ADOPTING A TENTATIVE MILLAGE
RATE OF 7.3300 MILS FOR FISCAL YEAR 2016 -2017; ESTABLISHING A
DATE, TIME AND PLACE FOR THE FIRST HEARING ON THE
TENTATIVE BUDGET AND PROPOSED MILLAGE RATE; AUTHORIZING
THE VILLAGE MANAGER TO SUBMIT THE REQUIRED FORMS TO THE
PALM BEACH COUNTY PROPERTY APPRAISER; AND PROVIDING FOR
AN EFFECTIVE DATE.
WHEREAS, pursuant to Section 200.065(2)(b), Florida Statutes, the Village Council is required
to advise the Palm Beach County Property Appraiser of its proposed millage rate, of its rolled
back rate, and the date, time, and place of the first public hearing to consider the proposed
millage rate and tentative budget.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE
OF NORTH PALM BEACH, FLORIDA as follows:
Section 1. The Village Council hereby adopts a tentative millage rate of 7.3300 for General
Operating Budget purposes and a tentative millage rate of 0.0000 for Debt Service, for a total
combined millage rate of 7.3300 mils for Fiscal Year 2016 -2017. The tentative millage rate is
6.89% above the rolled back rate of 6.8572 mils.
Section 2. The Village Council hereby establishes Thursday, September 8, 2016 at 7:30 p.m.
as the date and time of the first hearing on the tentative budget and proposed millage rate. The
public hearing shall be held at Village Hall, 501 U.S. Highway One, North Palm Beach, Florida, 33408.
Section 3. The Village Manager is hereby authorized and directed to submit forms DR -420
(Certification of Taxable Value) and DR -420 MM -P (Municipality Maximum Millage Levy Calculation)
to the Palm Beach County Property Appraiser's Office.
Section 4. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 28TH DAY OF J1
(V 11agd'Seal)
ATTEST:
VILLAGE CLERK