1073 Millage Rate FY 2011/2012•
ORDINANCE NO. 1073
AN ORDINANCE LEVYING A MILLAGE RATE WHICH RATE IS SET ON
ALL REAL AND PERSONAL PROPERTY; PROVIDING THAT 7.7432 PER
THOUSAND DOLLAR VALUATION SHALL NOT BE LEVIED ON
HOMESTEAD PROPERTY; THAT 7.7432 PER THOUSAND DOLLAR
VALUATION SHALL BE USED FOR GENERAL CITY PURPOSES; THAT
SAID MILLAGE RATE IS 2.03 PERCENT (2.03 %) LESS THAN THE ROLL-
BACK RATE COMPUTED IN ACCORDANCE WITH F.S. 200.065 (1);
PROVIDING AN EFFECTIVE DATE.
NOW, THEREFORE, be it ordained before the City Council for the City of Okeechobee,
Florida; presented at a duly advertised public meeting; and passed by majority vote
of the City Council; and properly executed by the Mayor or designee, as Chief
Presiding Officer for the City:
Section 1: The City Council of the City of Okeechobee. Florida hereby levies a
tax of 7.7432 per thousand dollar valuation on all real and personal
property within the corporate limits of said City, provided however,
that 7.7432 shall not be levied upon property in the City of
Okeechobee claimed and allowed as homestead on the general laws
of the State of Florida.
Section 2:
That as designated in Section 1, hereof, 7.7432 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 2.03 percent less than 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 Statues Chapter 166 and Section 200.065.
Section 5: This ordinance shall take effect October 1, 2011.
INTRODUCED for first reading and public hearing on the 6th day of September, 2011.
Lane G miotea, CM , City Clerk
PASSED AND ADOPTED after second reading and second
of September, 2011.
Lane Garniotea,•CMC, City Clerk
R`EVVIE�IVED FOR LE L ';UFFICIENCY:
•
John R. Cook, City Attorney
Jam - E. Kirk, Mayor
ublic hearing on the 20th day
Ordinance No. 1073 Page 1
James E. Kirk, Mayor