2016-08 Ad Valorem Tax Millage Rate OrdinanceORDINANCE NO. 2016-08
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, 2016 AND ENDING SEPTEMBER 30, 2017;
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, 2016 and ending
September 30, 2017 ( "Fiscal Year 2016/2017'), have established a millage rate to finance said
budget and 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 7.3300 mils for Fiscal Year 2016/2017 and an ad valorem debt service millage
rate of 0.000 mils for a total ad valorem tax millage rate of 7.3300 mils or $7.33 per one
thousand dollars of taxable assessed property value. This millage rate is 6.89% more than the
rolled back rate of 6.8572 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conflict herewith are hereby repealed to the extent of such conflict.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, 2016.
PLACED ON FIRST READING THIS 8TH DAY OF SEPTEMBER, 2016.
PLACED ON SECOND, FINAL READING AND PASS
(Vi lame Seal) '
ATTEST:
VILLAGV CLERK
APPROVED AS TO FORM AND
{ LEGAL SUFFICIENCY:
VILLAGE ATTORNEY