4262-86
F'Vji',•F r s'1
HILLACH ORDINANCE
ORDINANCE No. 4262--86
AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA,
DECLARING THE MILLAGE RATE TO BE LEVIED FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1986, AND ENDING SEPTEMBER
30, '1987, FOR OPERATION PURPOSES INCLUDING PENSIONS AND
DEBT SERVICE, ROAD AND DRAINAGE CAPITAL IMPROVEMENTS,
LIBRARY SYSTEMS IMPROVEMENTS, AND A RESERVE FOR SELF
INSURANCE; PROVIDING AN EFFECTIVE DATE OF THIS
ORDINANCE:.
WHEREAS, the estimated revenues to be received by the City for
the fiscal year beginning. October 1, 1986, and ending September 30, 1987,
from ad valorem taxes is $14,383,935; and
WHEREAS, based upon the taxable value provided by the Pinellas
County Property Appraiser, 4.4558 mills are necessary to generate
$14,383,935;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION
OF THE CITY OF CLEARWATER, FLORIDA:
Section 1. It is hereby determined that a tax of 4.4558 mills
against the nonexempt real-&personal property within the City is necessary
to raise the sums to be appropriated for operation purposes, including
pensions and debt service, road and drainage capital improvement projects,
library system improvements, and a reserve for self insurance, for the
fiscal year beginning October 1, 1986.
Section 2. The levy of 4.4558 mills constitutes a 6.7% increase
over the rolled back rate.
Section 3. This ordinance shall take effect October 1, 1986.
PASSED ON FIRST READING September 4, 1986
PASSED ON SECOND AND FINAL
READING
Attest:.'
e
C i C I •e'r !c
or?d.`.4262--86
Approved as to form & correctness:
City Attorney
9/18/86
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September 18, 1986