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1990-26 Sets Millage Rate at 4.2 RESOLUTION NO. 26-90 A ABSOLUTION OF THE VILLAGE COUNCIL 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, 1990, FIXING THfi TOTAL VALUATION THEREON AND THE TAX MILEAGE ' RATE THEREON FOR SAID TAX YEAR; AND REPEALING ALL RESOLUTIONS IN CONFLICT WITH THIS RESOLUTION. NOW, THEREFORE, SE IT RESOLVED SY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA: Section 1: That for the tax year ending December 31, 1990, 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 ie, fixed as follows: Current Year Taxable Value - Real Property: X643,922,525 Current Year Taxable Value - Personal Property: ;29,647,858__ ' current Year Gross Taxable Property: X673,570,383 Section 2: For the tax year ending December 31, 1990, a tax of 4.20 mills on $1,000.00 shall be, and is hereby, levied, and shall be collected on all real and personal property within the Village of North Palm Beach, excluding property owned by the Village of North Palm Beach and those properties exempted by State, county or Village laws and ordinances or the Constitution of Florida, for the purpose of raising funds for the improvement and government of the Village, and for the payment of its obligations and expenses and for the purpose of carrying out the purposes and duties granted and imposed by ite Charter; which is a tax of 4.20 mills that shall be, and is hereby, levied, and shall be collected on all real and personal property as set forth in Section i above, ' less homestead, widows, disability and other lawful exemptions for the purpose of raising funds for the payment of the Village of North Palm Beach General Fund Appropriations, which include the debt retirement. section 3: A Statement of Calculations for the tax levy of 4.20 mills for the fiscal year ending September 30, 1991, is set forth in Exhibit "A", which is attached hereto and by reference made a part hereof. Section 4: The levied millage of 4.20 mills is less than 1 rolled-back rate of 4.479 mills by six and twenty-three hundredths percent (6.23%), which equals a five and thirty-three hundredths percent (5.33$) decrease in property taxes adopted by the Village of North Palm Beach hereunder. Section 5: All ordinances or resolutions or parts of ordinances or resolutions in conflict with the provisions of this Resolution are hereby repealed. section 6: This Resolution shall take effect 1 immediately upon passage. PASSED AND ADOPTED THIS 27th.. DAY OF $eotemher , 1990. (Village Seal) v ~~~~~~'~~ ~'~. MAYOR ATTEST: -2- v 1 M O ~ C Lr II M II p r ~ eM {O II M II • II II W W r r r '- t0 II If+ II N y } + } 1 II 1 II ~~o~ z A .. W W Qi a ~ > o~ 1 P: W o O a m z 0 W F a a In ao M ~ o II o n p) N N W tD N II d' II i to W M 00 II ICJ II p d' I I 11 rn N ti O ~ t/ II O N a' [ W o0 II r T tD V1 00 t0 II ^ II M T M 01 N II C' N N M II t0 t0 t0 II Vi W M b4 II O> •- O t0 O II t~• II p p) p1 W N IA II C II rn O N ~ II N 11 1 V~ 11 11 O M N •1' N d0 II pp eN 00 M M M II 01 - M t0 O 00 00 II ^ II . N f0 O' O N II M N t0 M 11 co c0 to 11 Fn v, .n v, II m W a ~. ~a C7 ~ a ~ ~ a ~ H w w w a E a a z O ~y~~ ., m w O ~ ° ~ ~ ~ x a c 3 m a w