1128 Millage Rate FY 2015-16ORDINANCE NO. 1128
AN ORDINANCE LEVYING A MILLAGE RATE WHICH RATE IS SET ON
ALL REAL AND PERSONAL PROPERTY; PROVIDING THAT 7.9932 PER
THOUSAND DOLLAR VALUATION SHALL NOT BE LEVIED ON
HOMESTEAD PROPERTY; THAT 7.9932 VALUATION SHALL BE USED
FOR GENERAL CITY PURPOSES; THAT SAID MILLAGE RATE IS 4.65
PERCENT (4.65 %) MORE THAN THE ROLL -BACK RATE COMPUTED IN
ACCORDANCE WITH FLORIDA STATUTE 200.065 (1); PROVIDING FOR
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 7.9932 per thousand dollar valuation on all real and personal
property within the corporate limits of said City, provided however,
that 7.9932 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, 7.9932 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 4.65 percent more 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, 2015.
INTRODUCED for first reading and public hearing on the 14th day of Septembej, 2015.
ATTEST:
owling R. Watford, Jr., Mayor Pro - Tempore
Lane Gam City lerk
PASSED AND ADOPTED after second reading an econd public hearing on e 28th day
of September, 2015.
Tote
ATT -ST:
Lane amiotea, CMC, City Clerk
CMC, Clerk ED FOR L - L S FFICIENCY:
John R. Cook, City Attorney
owling R. Watford, Jr., .yo ro-Tempore
Ordinance No. 1128 Page 1 of 1