HomeMy WebLinkAboutOrdinance 1978-023 Millage Rate & Adopting Budget FY 1978-79ORDINANCE NO. 23-78
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
ON JANUARY 1, 1978; FIXING THE TOTAL VALUATION THEREON AND
THE TAX MILLAGE RATE THEREON FOR SAID TAX YEAR; ADOPTING
BUDGETS FOR THE FISCAL YEAR OCTOBER 1, 1978 TO SEPTEMBER 30,
1979, BOT}I INCLUSIVE, FOR THE VILLAGE OF NORTH PALM BEACH
GENERAL FUND, INCLUDING DEBT RETIREMENT AND FOR THE NORTH PALM
BEACH COUNTRY CLUB REVENUE FUND; 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 tax year ending December 31,
1978 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:
Total Real Property Valuation $ 214,653.017
Total Personal Property Valuation 22,549.676
Total Valuation $ 237,202.693
Deductions:
Exemptions 38,913.463
Gross Taxable Valuation - $ 180,363.270
Real Property
Gross Taxable Valuation - 17,925.960
Personal Property
Total Gross Taxable Valuation $ 198,289.230
Section 2. For the tax year ending December 31, 1978
a tax of 5.731 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 purpose and
duties granted and imposed by its charter: which is a tax of
5.731 mills that shall be and is hereby levied and shall be
collected on all real and personal property as set forth in a-
bove Section 1, less homestead, widows', disability and other
exemptions for the purpose of raising funds for the payment of
the Village of North Palm Beach General Fund Appropriations,
which include Debt Retirement, and is set forth hereafter in
budget form.
Section 3. That for the fiscal year ending September
30, 1978, revenues for the General Fund of the Village are
anticipated as set forth on Schedule 1 attached hereto entitled
"Village of North Palm Beach, Florida, 1978-79 Annual Budget,
Summary of Revenues and Appropriations/Expenditures", and by
reference made a part hereof.
Section 4. That for the fiscal year ending September
30, 1978 the appropriations for the General Fund are hereby set
forth on Schedule 1 attached hereto as "Village of North Palm
Beach, 1978-79 Annual Budget, Summary of Revenues and
Appropriations/Expenditures", and by reference made a part hereof.
Section 5. That for the fiscal year ending September
30, 1978 income and expense for the North Palm Beach Country
Club Revenue Fund is anticipated as set forth on Schedule 2
attached hereto entitled "North Palm Beach Country Club,
Comparative Statement of Operations, for the Fiscal Years ended
September 30, 1978-79" and by reference made a part hereof.
Section 6. A statement of calculations for the tax
levy of 5.731 mills for the fiscal year ending September 30,
1979 is set forth on Schedule 3 which is attached hereto and
by reference made a part hereof.
Section 7. All ordinances or parts of ordinances in
conflict with the provisions of this ordinance are hereby
repealed.
PLACED ON FIRST READING THIS 14TH DAY OF SEPTEMBER, 1978.
PLACED ON PUBLIC HEARING THIS 14TH DAY OF SEPTEMBER, 1978.
PLACED ON SECOND, FINAL READING AND PASSED THIS 28TH DAY OF
SEPTEMBER, 1978.
(Village Seal)
ATTEST:
/s/ Dolores R. Walker
Village Clerk
1
/s/ Al Moore
MAYOR
by reference made a part hereof.
Section 7. All ordinances or parts of ordinances in
conflict with the provisions of this ordinance are hereby
repealed.
PLACED ON FIRST READING THIS 14TH DAY OF SEPTEMBER, 1978.
PLACED ON PUBLIC HEARING THIS 14TH DAY OF SEPTEMBER, 1978.
PLACED ON SECOND, FINAL READING AND PASSED THIS 28TH DAY OF
SEPTEMBER, 1978.
(Village Seal)
ATTEST:
/s/ Dolores R. Walker
Village Clerk
1
/s/ Al Moore
MAYOR
VILLAGE OF NORTH PALM BEACH
1978-79 ANNUAL BUDGET
SUMMARY OF REVENUES AND APPROPRIATIONS/EXPENDITURES
SCHEDULE 1
AUDITED BUDGET ANTICIPATED BUDGET
1976-1977 1977-1978 1977-1978 1978-1979
Revenue
Taxes 1,492,592 1,584,670 1,602,672 1,603,496
Licenses and Permits 99,919 116,700 146,160 178,060
Intergovernmental Revenue 539,782 545,538 513,417 503,667
Charges for Services 58,146 71,879 68,303 107,688
Fines and Forfeitures 23,925 22,500 25,425 25,900
Miscellaneous 56,703 71,710 84,310 88,176
Non -Revenues 394,196 207,347 207,347 286,382
TOTAL:
$ 2,665,263 2,620,344 2,647,634 2,793,369
Appropriations/Expenditures
General Government 328,070 378,679 336,050 319,313
Public Safety 727,582 769,492 760,566 853,848
Public Services 875,065 933,468 927,573 960,595
Leisure Services 245,877 292,126 274,295 379,513
Debt Retirement 146,215 145,429 145,429 143,011
Reserves 3,907 46,150 6,740 68,589
Capital Improvements 222,150 64,000 64,000 68,500
$ 2,548,866 2,620,344 2,514,832 2,793,369
REV. 1 - 9/78
•
North Palm Beach Country Club
1978-79 Budget
Comparative Statement of Operations
Sales Income - Except Dues
Sports Activities
Food and Beverage
Other Income
Sch. 2
Sch. 6
Sch. 7
Less Cost of Goods Sold, Payroll
and Other Department Expenses:
Sports Activities Sch.
Food and Beverage Sch.
Net
Department Loss
Add Unapportioned Expenses:
Admin. and General
Entertainment
Utilities
R and M - Clubhouse
Grounds Maintenance
Schedule 2
Actual Budget Anticipated Budget
1976-77 1977-78 1977-78 1978-79
$212,428 237,700 227,082 $239,600
352,147 360,500 328,400 170,000
13.109 11.700 10,900. 11,700
577,684 609,900 566,382 421,300
2 346,895
6 363,193
Sch. 8
Sch. 9
Sch. 10
Sch. 11
Sch. 12
Total Unapportioned Expenses
Net Cost of Operations
Membership Dues
Sch. 16
Dues Available for Fixed Charges
Insurance
Dues Available for Debt Service
and R.O.F. Requirement
Debt Service Contribution
Transfer to R.O.F.
Sch. 14
Sch.
Sch.
Total R.O.F. and Debt Service
Undistributed Dues
13
15
710,088
(132,404)
93,964
19,224
29,274
34,175
6,417
183,054
(315,458)
385,124
69,666
17,058
52,608
54,587
54,587
$ (1,979)
366,490 363,850
340,075 354-,900
706,565 718,750
(96,665) (152,368)
103,000
14,000
31,500
38,850
9,350
99,680
13,026
31,400
36,468
8,286
196,700 188,860
(293,365) (342,228)
423,000 428,000
•
129,635 86,772
18,000 21,704
111,635
61,537
50,098
111,635
65,068
61,537
15,300
76,837
(11,769)
394,943
168,653
563;187
(141,887)
95;884
500
32,000
39,590
9,989
177,963
(319,850)
460,000
3.40,150
21,750
118,400
56,120
62,175
118,295
$ 105
J.
VILLAGE OF NORTH PALM BEACH
COMPARATIVE ANALYSIS OF TAXABLE VALUATION
FOR THE FISCAL YEARS 1977-78 & 1978-79
Total Real Property Valuation
Total Personal Property Valuation
Total Property Valuation
Deductions:
,
Inventory (75% - 90%)
Government Exemption
Widow's Exemption
Disability Exemption
Institutional Exemption
Constitutional Homestead Exemption
Senior Homestead Exemption
Total Deductions:
SCHEDULE 3
1977-78 1978-79
205,039,902 214,653,017
19,223,908 22,549,676
224,273,810 237,202,693
2,162,103
8,124,838
174,000
497,419
4,735,927
16,958,362
3,768,556
36,421,205
2,765,070
8,746,922
185,000
495,587
4,914,262
17,503,862
4,302,760
38,913,463
Taxable Valuation 187,852,605 198,289,230
Millage 6.241 5.731
Ad Valorem Tax 1,172,388 1,136,396
DISTRIBUTION OF AD VALOREM TAX
PER MILLAGE
Operating Millage 5.673 5.191
Debt Service Millage .568 .540
6.241 5.731
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