0386 (Budget)ORDINANCE NO. 386
AN ORDINANCE ADOPTING THE BUDGET OF THE CITY OF OKEE-
CHOBEE, FLORIDA FOR THE FISCAL YEAR BEGINNING OCTOBER
1, 1976 AND ENDING SEPTEMBER 30TH 1977 AND AUTHORIZING
THAT THE AD VALOREM TAX REVENUES OF THE SAID BUDGET BE
MET BY TAX LEVY.
BE IT ORDAINED BY THE CITY COUNCIL AND THE MAYOR OF THE CITY OF
OKEECHOBEE, FLORIDA:
SECTION 1: AUTHORITY: This Ordinance is adopted pursuant
to the provisions of Section 166.041 (3) (b) Florida Statutes.
SECTION 2: ADOPTION OF BUDGET:
(a) That the Annual General Fund Budget, both operating
and debt service was taken up and considered for final adoption
at a meeting called and noticed for such purpose, and the budget,
a copy of which is attached hereto and by this reference made a
part hereof, for the fiscal year October 1, 1976 to September 30,
1977 was agreed upon.
(b) That the Ad Valorem tax revenues portion of said budget
shall be met by tax levy as follows:
1. For General Fund operating budget a tax levy at the
rate of $4.61 per $1,000 valuation against all taxable pro-
perty in the City of Okeechobee, Florida.
2. For debt service budget a tax levy at the rate of
$1.11 per $1,000 valuation against all taxable property, in-
cluding homestead, in the City of Okeechobee, Florida.
(c) That the Tax Collector of Okeechobee County, Florida be
furnished a copy, of this Ordinance as certification of tax millage
for collection for the tax year 1976.
(d) That this Ordinance was proposed, considered and adopted
under the provisions of Section 166.041 (3) (b) Florida Statutes,
and was enacted by no less than a two - thirds vote of the City
Council and takes effect immediately.
DONE AND RESOLVED and made effective this 28th day of September,
1976, at a special meeting of the City Council, City of Okeechobee,
Florida.
ATTEST:
PRESIDENT CITY COUNCIL
CITY CLERK
APPROVED BY ME THIS 28th DAY OF September, 1976.
iLti
MAYOR