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1266, Millage Rate FY 2022-23ORDINANCE NO. 1266 AN ORDINANCE OF THE CITY COUNCIL OF THE: CITY OF OKEECHOBEE, FLORIDA; LEVYING THE AD VALOREM PROPERTY TAX MILLAGE RATE FOR MUNICIPAL PURPOSES ON ALL TAXABLE PROPERTY WITHIN THE CITY IN ACCORDANCE WITH THE PROVISIONS OF STATE LAW FOR THE FISCAL YEAR BEGINNING OCTOBER 1, :2022 AND ENDING SEPTEMBER 30, 2023; PROVIDING THAT 6.8987 PER THOUSAND DOLLAR VALUATION SHALL NOT BE LEVIED ON HOMESTEAD PROPERTY; THAT 6.8987 VALUATION SHALL BE USED FOR GENERAL CITY PURPOSES; THAT SAID MILLAGE RATE IS ZERO PERCENT (0.00%) MORE THAN THE ROLL -BACK RATE OF 6.8987 COMPUTED IN ACCORDANCE WITH FLORIDA STATUTE 200.065(1); PROVIDING FOR CONFLICT; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Section 200.001(8)(f), Florida Statutes provides that "voted millage" or "voted levies" means ad valorem taxes in excess of maximum millage amounts authorized by law approved for periods not longer than two (2) years by vote of the electors pursuant to Section 9(b), Article VII of the State Constitution or ad valorem taxes levied for purposes provided in Section 12, Article VII of the State Constitution; and WHEREAS, Section 200.001(2)(a), Florida Statutes provides that "general municipal millage" shall be that non -voted millage rate set by the governing body; and WHEREAS, Section 200.065, Florida Statutes governs the adoption and levying of millage rates and provides that the City Council of the City of Okeechobee shall comply with the controlling provisions of Florida law in adoption of any millage rates, including municipal debt service millage, voted millage and voted levies; and WHEREAS, Section 200.065, Florida Statutes provides that the City Council as the governing body of the City of Okeechobee and as its taxing authority must adopt a resolution or ordinance in order to levy any millage in the manner specifically provided by general law or special act; and WHEREAS, October 1, 2022 is the commencement of the Fiscal Year for the City of Okeechobee, which shall end on September 30, 2:023; and WHEREAS, the City of Okeechobee, Florida, held public hearings as required by Section 200.065, Florida Statutes, on September 6, 2022, and September 26, 2022; and WHEREAS, the City of Okeechobee, Florida has complied with all other requirements of law. NOW, THEREFORE, be it ordained by the City Council of 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 ad valorem property tax operating millage rate for municipal purposes is hereby levied on the taxable property within the corporate boundaries of the City of Okeechobee for Fiscal Year beginning October 1, 2022 and ending September 30, 2023. Ordinance No. 1266 Page 1 of 2 The City Council of the City of Okeechobee, Florida, hereby levies a tax of 6.8987 per thousand -dollar valuation on all real and tangible personal property within the corporate boundaries of the City of Okeechobee, provided however, that 6.8987 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: The millage rate adopted is the same as the roll -back rate of 6.8987 as computed in accordance with Florida Statutes Section 200.065(1). Section 3: That this Ordinance was proposed, considered, and adopted under the provisions of Florida Statutes Chapter 166 and Section 200.065, in conformance with applicable law and the State Constitution. Section 4: The Finance Director shall furnish a certified copy of this Ordinance upon second reading and final adoption to the Okeechobee County Property Appraiser, the Okeechobee County Tax Collector, and the Florida Department of Revenue as required by law. Section 5: All ordinances or parts of ordinances in conflict herewith are hereby repealed. Section 6: The provisions within this Ordinance shall take effect October 1, 2022. INTRODUCED for First Reading and Public Hearing on the 6t" day of September 2022. Dowling R. Watford, Jr., Mayor ATTEST: Lane Gamiotea, CIVIC, City Clerk PASSED AND ADOPTED after Second Reading and Final Public Hearing on the 26t" day of September 2022. Do ling R. Watford, Jr., Mayor ATTEST: Lane damiotea, CMC, `City Clerk REVIEWE FOR L SUFFICIENCY: John J. Fumero, City Attorney Ordinance No. 1266 Page 2 of 2