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1996-060 Sets Millage Rate at 5.0600RESOLUTION NO. 60-96 A RESOLUTION 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, 1996, FIXING THE TOTAL VALUATION THEREON AND THE TAX MILEAGE RATE THEREON FOR SAID TAX YEAR; AND REPEALING ALL RESOLUTIONS IN CONFLICT WITH THIS RESOLUTION. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA: Section 1. That for the tax year ending December 31, 1996, the valuation of all real and personal property within the Village of North Palm Beach, excluding properly 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: Current Year Taxable Value -Real Property: $702,394,282 Current Year Taxable Value -Personal Property: $ 31,145,006 Current Year Gross Taxable Property: $733,539,288 Section 2. For the tax year ending December 31, 1996, a tax of 5.0600 mills on each $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 its Charter; which is a tax of 5.0600 mills that shall be, and is hereby, levied, and shall be collected on all real and personal property as set forth in Section 1 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 5.0600 mills for the fiscal year ending September 30, 1997, is set forth in Exhibit "A", which is attached hereto and by reference made a part hereof. Section 4. The levied millage of 5.0600 mills is less than the rolled-back rate of 5.0628 mills by .05%, which equals a .32% 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 immediately upon passage. PASSED AND ADOPTED THIS 25TH DAY OF SEPTEMBER , 1996. ~ ~,. D . ayor • ATTEST: i age er i . X W ±--~ e o o a o. N N p IN0 0~1 a O P O r Q O r L C ~ 7 M Oni N W N O N ~ ,O N en ~ .--~ ~ m h 0~0 h W r M h b b M ~ o ~ O Z ~ ~(,~ II II W ~ U ~ ~ \° ~o ~; Q m ~y ~c r o m ~` ~ ''" m I"" N LL' a n ~ ~.' .. . e P4 ..:. h ' ~ ri O v? ' d II ry ry ai u ~ ~ G' ~ ~ ~D ~ O ~ 1 t ~ ~ ~ ~ ~ J W O , Q ~ ago ~ II ~ ~ a ~ a a~ ~ ~ ~ a ~ ~ " } ; NN tx ~ w v h i ZWQ ~ ~ ~ ~ ~ a ~ ~ ~ LL~ ~ ~-m _ o M m rn O W ~ _ ~ ~ Q Q (9: ;.J W g J W J pp w ;^ w'. H m ~ ~; g > ~ ~ ~¢ w z ~' > gm -= o ai 3 w j., O a y ~ ~ ~. N c~ m ,a w