Ordinance 1972-024 Budget Ordinance FY 1972-73ORDINANCE N0. 24-72
AN ORDINANCE 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 FOR THE YEAR ENDING DECEMBER
' 31, 1972, FIXING THE TOTAL VALUATION THEREON AND THE TAX MILEAGE RATE
THEREON FOR SAID YEAR; ADOPTING A FISCAL BUDGET FOR THE FISCAL YEAR
NOVEMBF,R 1, 1972 TO OCTOBER 31, 1973, BOTH INCLUSIVE, FOR THE GENERAL
GOVERNMENT AND DEBT SERVICE OF THE VILLAGE OF NORTH PALM BEACH AND FOR THE
PARTICULAR USE OF THE NORTH PALM BEACH COUNTRY CLUB; APPROPRIATING FUNDS
FOR EXPENDITURES AND REPEALING ALL ORDINANCES IN CONFLICT WITH THIS
ORDINANCE.
BE IT ORDAINED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH,
FLORIDA:
Section 1. That for the year ending December 31, 1972 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:
NET ASSESSED VALUATION - REAL PROPERTY $ 96,794,122
NET ASSESSED VALUATION AS EQUALIZED -
PF,RSONAL PROPERTY 6,385,735
TOTAL ASSESSED VALUATION AS EQUALIZED -
REAL PROPERTY AND PERSONAL PROPERTY 103,179,857
Section 2. For the year ending December 31, 1972 a tax of 7.7
mills on the dollar shall be and is hereby levied, and shall be collected
on all real and personal property within the Village of North Palm Beach
not specifically designated as homestead property or owned by the
' Municipality and/or expressly exempted by the laws and 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 7.7 mills that
shall be and is hereby levied and shall be collected on all real and
personal property as set forth in above Section 1, less homestead,
widows', disability and other exemptions, for the purpose of raising
funds for the payment of the General Government Fund, Debt Service
Fund and North Palm Beach Country Club Fund purposes for the Village
of North Palm Beach, and is set forth hereafter in budget form.
Section 3. That for the fiscal year ending October 31, 1973,
revenues for the General Government Fund and Debt Service Fund of the
Village are anticipated as set forth on Exhibit A attached hereto
entitled "The Village of North Palm Beach, Florida, General Fund, State-
ment of Estimated Revenue 1972-73" and by reference made a part hereof.
Section 4. That for the fiscal year ending October 31, 1973
the expenditures for the General Government Fund and Debt Service Fund
are hereby appropriated as set forth on Exhibit B attached hereto as
Village of North Palm Beach Budget for the Fiscal Year 1972-73 consisting
of Pages through both inclusive, which Exhibit is by reference
made a part of this Ordinance.
Section 5. That for the fiscal year ending October 31, 1973,
revenues for the North Palm Beach Country Club are anticipated as set
forth on Exhibit C attached hereto entitled "The Village of North Palm
Reach, Florida Country Club, Statement of Estimated Revenue 1972-73"
and by reference made a part hereof.
Section 6. That for the fiscal year ending October 31, 1973
the expenditures for the North Palm Beach Country Club are hereby
appropriated as set forth on Exhibit D attached hereto as Village
of North Palm Beach Country Club Budget for the Fiscal Year 1972-73
consisting of Pages through both inclusive, which Exhibit is
by reference made a part of this Ordinance.
Section 7. A certified copy of this Ordinance shall be delivered
by the Village Clerk to the Tax Assessor, and the Tax Assessor shall
then proceed to assess and extend the taxes on the tax assessment roll
according to and in the proportion to the valuation entered therein;
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when this has been done, the Tax Assessor shall deliver the roll or a
copy thereof to the Tax Collector and the latter shall, beginning
November 1, 1972, proceed in the manner provided by law to collect and
receive said taxes.
Section 8. A statement of calculations for the tax levy of mills
for the fiscal year ending October 31, 1973 is set forth on Exhibit E
which is attached hereto and by reference made a part hereof.
Section 9. All ordinances or parts of ordinances in conflict
with the provisions of this ordinance are hereby repealed.
PLACED ON FIRST READING THIS 14 DAY OF SEPTEMBER, 1972.
PLACED ON PUBLIC HEARING THIS S DAY OF OCTOBER, 1972.
PLACED ON SECOND, FINAL READING AND PASSED THIS 12 DAY OF OCTOBER,
1972.
/s/ H, Mallory Privett, Jr,
MAYOR
' ATTEST:
/s/ Dolores R. Walker
Village Clerk
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