0718 Millage Rate FY 1998-99Section 1:
ORDINANCE NO. 718
AN ORDINANCE LEVYING A MILLAGE RATE WHICH RATE IS SET ON ALL
REAL AND PERSONAL PROPERTY; PROVIDING THAT 4.9399 PER
THOUSAND DOLLAR VALUATION SHALL NOT BE LEVIED ON HOMESTEAD
PROPERTY; THAT 4.9399 PER THOUSAND DOLLAR VALUATION SHALL BE
USED FOR GENERAL CITY PURPOSES; THAT SAID MILLAGE RATE IS
3.94% MORE THAN THE ROLL -BACK RATE COMPUTED IN ACCORDANCE
WITH F.S. 200.065 (1); PROVIDING AN EFFECTIVE DATE.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF OKEECHOBEE, FLORIDA AS FOLLOWS:
The City Council of the City of Okeechobee, Florida hereby levies a tax of
4.9399 per thousand dollar valuation on all real and personal property
within the corporate limits of said City, provided however, that 4.9399
shall not be levied upon property in the City of Okeechobee claimed and
allowed as homestead in the general laws of the State of Florida.
Section 2: That as designated in Section 1, hereof, 4.9399 per thousand dollar
valuation shall be used for general City purposes in carrying on and
conducting the government of said City.
Section 3: The millage rate adopted is 3.94% over the roll -back rate as computed in
accordance with Florida Statutes Section 200.065 (1).
Section 4: That this ordinance was proposed, considered and adopted under the
provisions of Florida Statutes Chapter 166 and Section 200.065.
Section 5: This ordinance shall take effect October 1, 1998.
intr odjced for first reading and public hearing on the 10th day of
TTEST:
BONNIE THOMAS, CMC
CITY CLERK
ember, 1998.
cr
AMES E. IURK
MAYOR
Adopted after second reading and second public hearing on the 22nd day of
Septeryibe J998.
BONNIE THOMAS, CMC
CITY CLERK
APPROVED FOR LEGAL S FFICIENCY:
JOHN R. COOK, CITY ATTORNEY
JAMES E. IQRK
MAYOR