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HomeMy WebLinkAboutRes 1963-177 Ratifying and Approving of Budget for 1963-64• 1 1 • • RESOLUTION NO. 177 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, RATIFYING AND APPROVING A BUDGET FOR THE FISCAL YEAR 1963-1964; FIXING THE AMOUNT OF MONEY TO BE RAISED BY AD VALOREM TAXES; AND FIXING THE AD VALOREM TAX LEVY FOR THE CALENDAR YEAR 1963. BE IT AND IT IS HEREBY RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA: Section 1. A public hearing having been held on October 22, 1963, on the budget for the Village of North Palm Beach for the fiscal year beginning November 1, 1963, and ending on October 31, 1964, as shown on the following report by the Village Treasurer and Village Manager, such budget and report are hereby xatified and approved. a. Summary of Proposed Expenditures - 1963- 1964 General Government Village Manager's Office Village Attorney and Judge Village Clerk Finance Department Police Department Fire Department Village Engineer Building Department Parks Department Recreation Department Public Works Department Government Debt Service Recreation Facility Bonds Grand Total, Expenditures for Government and Debt Service ***xxxxxxx Village Manager's Recommendation $ 135,631 24,785 11,075 1,700 13,624 34,105 9,255 3,800 17,541 - 0 - 32,855 91.565 $ 375,936 88.608 $ 464,544 • • • • RESOLUTION NO. 177 b. Detail of Anticipated Revenue - 1963-1964 Sources of Revenue Revenue 1963-1964 (Anticipated) Real Estate Taxes Net ad valorem taxes after reserves for discount and uncollectibility: General Government $181,036 Debt Service 88.608 Total License and Permit Fees Building Permits $ 28,000 Occupational Licenses 33,000 Boat Area Fees 3,000 Examination Fees 400 Dog Licenses 600 Total Fines. Forfeitures, Penalties Franchise Revenue Florida Power & Light Southern Bell Tel & Tel Atlantic Fuel Revenue from Other Sources $269,644 65,000 1,000 1,000 $ 25,200 1,000 2.500 Road & Bridge Fund 2,600 Cigarette Tax 40,000 Rent, Village Hall 930 Recreation Fees 3,500 Miscellaneous Income 53,170 Service charges, Fees Total 28,700 100,200 Grand Total - Revenues for General Government and Debt Service $ 464,544 c. Villaae of North Palm Beach Tax Roll - 1963 Complete Roll as Equalized $ 40,818,868 Homestead Disability & Widows Exempt Property $ 5, 862,500 12,000 2. 013,860 Total Credits 7,895,360 Net Taxable Roll as Equalized $ 32,923,508 * * * * * * * -2- RESOLUTION NO. 177 d. Calculation for Tax Levu - 1963. To be raised by ad valorem taxes: General Government Debt Service Add, for Reserves: 4% Discount 5% Uncollectibility $181,03.6 88,608 $ 11,852 14,815 $ 269,644 26,667 $ 269,311 Proceeds of 6.0665 mills for general government on above net tax roll . $199,730 Proceeds of 2.9335 mills for debt service on above net tax roll 96,581 Proceeds of total of 9 mills on above net tax roll • $ 296,311 Section 2. The Council, having considered said budget and having considered the tax assessment roll for 1963, as heretofore .equalized, hereby :. fixes and determines the sum of $181,036 as the amount to be raised by ad valorem taxes for the calendar year 1963 for General Government, and the sum of $88,608 as the amount to be raised by ad valorem taxes for the calendar year 1963 for Debt Service, and such sums are hereby appropriated for such purposes, and a millage of 6.0665 on each dollar of assessed valuation of taxable property on said 1963 equalized roll is hereby levied for such General Government appropria- tion,and a millage of 2.9335 on each dollar of assessed valuation of taxable property on said 1963 equalized tax roll is hereby levied for such Debt Service appropriation, or a total millage, for all purposes, of 9 mills. Section 3. A certified copy of this Resolution shall be delivered by the Village Clerk to the Village Tax Assessor, together with the tax assessment roll and a certified copy of the Resolution approving the latter, and the tax assessor shall then proceed to assess and extend the taxes on the tax assessment roll according to and in the proportion to the valuations entered therein; when this has been done, the Tax Assessor shall deliver the roll to the Village Clerk who shall certify and deliver the same, or a copy thereof, to the Village Tax Collector and the latter shall, beginning November 1, 1963, proceed in the manner provided by law to collect and receive said taxes. \ LA$j ` .,PASSED AND ADOPTED this e244 day of October, 1963. „for 1 ATTEST e 41/4 (SEAL) 764,134,,,a4