R2024-57 Tentative Millage Rate FY 2025; Establishing First HearingRESOLUTION 2024-57
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
NORTH PALM BEACH, FLORIDA, ADOPTING A TENTATIVE MILLAGE
RATE OF 7.4900 MILS FOR FISCAL YEAR 2025; 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, 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 7.4900 for General
Operating Budget purposes and a tentative millage rate of 0.0000 for Debt Service, for a total
combined millage rate of 7.4900 mils for Fiscal Year 2025. The tentative millage rate is 16.19%
above the rolled back rate of 6.4464 mils.
Section 2. The Village Council hereby establishes Thursday, September 12, 2024 at 6:00 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.
PA OPTED THIS 18TH DAY OF JULY, 2024.
FLORII
IPA .
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MAYOR
ATT
VILLAGE CLERK