2024-14 Ad Valorem Tax Millage Rate FY 2024-2025ORDINANCE NO. 2024-14
AN ORDINANCE OF THE VILLAGE COUNCIL OF THE VILLAGE OF
NORTH PALM BEACH, FLORIDA, ESTABLISHING AND ADOPTING THE
FINAL LEVY OF AD VALOREM TAXES FOR THE FISCAL YEAR
COMMENCING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025;
PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Village Council and Village Administration of the Village of North Palm Beach,
having reviewed the budget for the fiscal year commencing October 1, 2024 and ending September
30, 2025 ("Fiscal Year 2025"), have established a millage rate to finance said budget and to meet
the needs and requirements of the Village and its residents.
NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE VILLAGE
OF NORTH PALM BEACH, FLORIDA as follows:
Section 1. The Village Council hereby establishes and adopts an ad valorem tax operating
millage rate of 7.4000 mils for Fiscal Year 2025 and an ad valorem debt service millage rate of
0.000 mils for a total ad valorem tax millage rate of 7.4000 mils or $7.40 per one thousand dollars
of taxable assessed property value. This millage rate is 14.79% above the rolled back rate of
6.4464 mils.
Section 2. All ordinances or parts of ordinances and resolutions or parts of resolutions in
conflict herewith are hereby repealed to the extent of such conflict.
Section 3. This Ordinance shall be effective immediately upon adoption and implemented as
of October 1, 2024.
PLACED ON FIRST READING THIS 12TH DAY OF SEPTEMBER, 2024.
PLACED ON SECOND, FINAL READING AND PASSED THIS 26TH DAY OF SEPTEMBER, 2024.
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FLORIDA
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VILLAGE CLERK
APPROVED AS TO FORM AND
LEGAL SUFFICIENCY:
VILLAGE ATTORNEY
MAYOR