title
ESTABLISH A PROPOSED MILLAGE RATE FOR FISCAL YEAR 2015-2016 (B)
Resolution No. 150066
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 2015-2016 fiscal year beginning October 1, 2015 and ending September 30, 2016; establishing a proposed millage rate; setting 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 2015-2016 will be determined by the proposed millage rate adopted.
recommendation
The City Commission adopt the proposed resolution.