title
RESOLUTION TO ESTABLISH A PROPOSED MILLAGE RATE (B)
A Resolution of the City Commission of the City of Gainesville, Florida; relating to the levy of general municipal purpose ad valorem taxes for the 2007-2008 fiscal year; establishing a proposed millage rate; establishing a public hearing; providing for notice to the Alachua County Property Appraiser; and providing an immediate effective date.
explanation
Section 200.065 of the Florida Statutes requires the City Commission to advise the Property Appraiser of its rolled-back millage rate, its proposed millage rate, and of the time, date, and place at which a public hearing will be held to consider the proposed millage rate and the proposed tentative budget.
fiscal
The estimated ad-valorem tax revenues for FY 2007-2008 will be determined by the millage rate adopted.
recommendation
The City Commission approve the millage rate for the FY 2007-2008 Budget and adopt the proposed resolution.