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07/07/1992 - Specialcovy\m o rv ..1 i? •1• iI .?l .1 i i i l-i Y AGENDA City Commission Special Meeting Tuesday - July 7, 1992 - 5:00 P.M. 1. Call to Order . ( 4 2. Adopt a tentative millage rate of " 5.1158 mills for FY92-93 and set Public Hearings on the Buget' for 913192 & 9117192 to be held no " earlier than 6,00 p.m. : . 3. Adjourn • _ ,.;'. ', ins' t f 4 Clear?vsater City Commission Agenda Cover Memorandum hen) # rl Nfecting Ditto: 717!92 SUBJECT: Ad Valorem Tax Millage Rate for Fiscal Year 1992193 RECOMMENDATION/MOTION: Adopt a tentative millage rate of 5.1158 mills for fiscal year 1992/93 and set Public Hearings on the Budget for September 3, 1992 and September 17, 1992 to be held no earlier than 6:00 PM X and that the appropriate officials be authorized to execute same. BACKGROUND: In accordance with the TRIM Bill process, it is necessary for the City Commission to adopt a tentative millage rate prior to finalizing and adopting the Budget. Tile tentative millage rate will be included in the TRIM notices sent to taxpayers by the County Property Appraiser in early August and can not be increased without special mailing; however, the millage rate may be decreased prior to the :adoption of the final budget following Public Hearings in September. The City Manager's Recommended millage rate of 5.1158 mills which is the same as the current year rate of 5.1158 mills. If the recommended 5.1158 mills rate is approved, all advertising requirements will indicate no tax increase for fiscal year 1992193. .f r Reviewed by: Legal N/A Budget Purchasing IA Risk Mgmt. NIA Cis NIA ACM Other NIA Submitted lay: City Manager Originating Dept: DOAS 1? User Dept: Advertised: D:ite: Paper: ? Not Required Arfected Parties ? Notified ? Not Required Costs: NIA Total Current FY Funding Source; ? Capita! Imp. ? operating ? Other Appropriation Code: Corttmi.5sion Action: i Approved ? Approved w/conditions ? Denied ? Continued to: Attadjownts: ? Not,c ?i F t I