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 2005-2006 fiscal year; establishing a proposed millage rate; establishing a public hearing; providing for notice to the Alachua County Property Appraiser; 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 as presented in the FY 2006 Proposed Financial and Operating Plan - Budget by Funds is based on the current millage rate of 4.9416 mills and not on the rolled-back millage rate of 4.4877 mills.
recommendation
The City Commission adopt the proposed resolution.