1991-33 Sets Millage Rate at 4.26t RESOLUTION NO. 33-91
A RESOLUTION OF THB VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM
BEACH, FLORIDA, LEVYING A TAX ON REAL AND PERSONAL PROPERTY LOCATED
WITHIN THE CORPORATE LIMITS OF THE VILLAGE OF NORTH PALM BEACH ON
JANUARY 1, 1991, FIXING THE TOTAL VALUATION THEREON AND THE TAX
MILEAGE RATE THEREON FOR SAID TAX YEAR; AND REPEALING ALL
RESOLUTIONS IN CONFLICT WITH THIS RESOLUTION.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF
NORTH PALM BEACH, FLORIDA:
Section 1: That for the tax year ending December 31,
1991, the valuation of all real and personal property within the
village of North Palm Beach, excluding property owned by the
Village of North Palm Beach, Palm Beach County, State of Florida,
and those properties exempted by State, County or Village laws and
ordinances, is hereby determined to be, and is, fixed as follows:
Current Year Taxable Value - Real Property: $657,663,518
Current Year Taxable Value - Personal Property: $ 30,248,609
' Current Year Gross Taxable Property: ffi687,912,127
Section 2: For the tax year ending December 31, 1991, a
tax of 4.26 mills on $1,000.00 shall be, and is hereby, levied, and
shall be collected on all real and personal property within the
Village of North Palm Beach, excluding property owned by the
Village of North Palm Beach and those properties exempted by State,
County or Village laws and ordinances or the Constitution of
Florida, for the purpose of raising funds for the improvement and
government of the Village, and for the payment of its obligations
and expenses and for the purpose of carrying out the purposes and
duties granted and imposed by its Charter; which is a tax of 4.26
mills that shall be, and is hereby, levied, and shall be collected
on all real and personal property as set forth in Section 1 above,
less homestead, widows, disability and other lawful exemptions for
the purpose of raising funds for the payment of the Village of
North Palm Beach General Fund Appropriations, which include the
debt retirement.
Section 3: A Statement of Calculations for the tax
levy of 4.26 mills for the fiscal year ending September 30, 1992,
is set forth in Exhibit "A", which is attached hereto and by
reference made a part hereof.
Section 4: The levied millage of 4.26 mills exceeds the
rolled-back rate of 4.098 mills by four percent (4.0$), which
equals a three and six tenths percent (3.6$) increase in property
taxes adopted by the Village of North Palm Beach hereunder.
Section 5: All ordinances or resolutions or parts of
' ordinances or resolutions in conflict with the provisions of this
Resolution are hereby repealed.
Section 6: This Resolution shall take effect
immediately upon passage.
PASSED AND ADOPTED THIS 26th DAY OF, SEPTEMBER
1991.
(Village seal)
ATTEST:
~ 1 lage Clerk
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