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HomeMy WebLinkAbout2024-27 Final Millage Rate FY 2024/2025•'i '1 1 !' i i ! . :''i 1 i •' WHEREAS, the City of Ocoee, Florida, has received the report of the Orange County Property Appraiser stating the amount of assessed values which he has certified to the Florida Department of Revenue for non-exempt real and tangible personal property within the City for the year 2024; and WHEREAS, in order to provide the revenue necessary for the operation of the City for its Fiscal Year beginning October 1, 2024, and ending September 30, 2025, the City Commission of the City of Ocoee has determined the rate of ad valorem tax levy that must be assessed for the tax year 2024; and WHEREAS, pursuant to Section 200.065(5), Florida Statutes, the City Commission intends that the millage when applied to the extended tax roll will generate the same tax revenue as when applied to the Certification of Taxable Value prepared by the Orange County Property Appraiser on June 28, 2024; and WHEREAS, the provisions of Chapter 200 of the Florida Statutes prescribing the method of fixing millage have been complied with. SECTION 1. Authority. The City Commission of the City of Ocoee has the authority to adopt this Ordinance pursuant to Article VIII of the Constitution of the State of Florida and Chapters 166 and 200, Florida Statutes. SECTION 2. Millage Lew. The City Commission of the City of Ocoee hereby adopts, establishes and levies a millage rate for ad valorem taxation of real and business personal property within the City of Ocoee, Florida, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, at the rate of 4.950 per $1,000.00 of assessed valuation. SECTION 3. Percentage Increase, Over Rolled -Back Rate. The millage rate, as herein levied, exceeds the rolled -back rate of 4.743 as computed pursuant to Section 200.065, Florida Statutes, providing for 4.36 % increase in millage rate over the rolled -back rate. SECTION 4. Millage AdiuMLstment. The City Commission hereby authorizes the City Manager to administratively provide the Property Appraiser with the millage adjustment, pursuant to his report of the aggregate change in the assessment roll as provided for by Section 200.065(5), Florida Statutes. SECTION 5. Collection of Taxes. The tax shall be collected by the Orange County Tax Collector, subject to discounts prescribed by law, and distributed to the City in accordance with Florida law. SECTION 6. Severabiliy. If any section, subsection, sentence, clause, phrase or portion of this Ordinance is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. N SECTION 7. Effective Date. This Ordinance shall become effective ten (10) days after its passage and adoption. PASSED AND RE -ADOPTED this _Ll*day of December, 2024, at pm. . I I elanie Sibbitjt,City Clerk F' C KtO7C > Bya. Richard Gello_r, City Attorney F411-92 WINVA 01 P'.sty John?pr�aybi­—­ ADVERTISED I L 2024 AND APPROVED BY THE OCOEE CITY COMMISSION AT A MEETING HELD ON '01JLmV-�(,V �\ 2024 I wramej i1 !, ! �11KII 01 M !. i. I WI AD VALOREM TAXES FOR THE CITY OF OCOEE FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEM 1 30, 2025; PROVIDING FOR MILLAGE • 'ii PROVIDING ! '' COLLECTION OF PROVIDING !R 4.36% INCRE ASE IN MILLAGE RATE OVER ROLLED-BACKTHE !FOR SEVERABILITY; PROVIDING . WHEREAS, the City of Ocoee, Florida, has received the report of the Orange County Property Appraiser stating the amount of assessed values which he has certified to the Florida Department of Revenue for non-exempt real and tangible personal property within the City for the year 2024; and WHEREAS, in order to provide the revenue necessary for the operation of the City for its Fiscal Year beginning October 1, 2024, and ending September 30, 2025, the City Commission of the City of Ocoee has determined the rate of ad valorem tax levy that must be assessed for the tax year 2024; and WHEREAS, pursuant to Section 200.065(5), Florida Statutes, the City Commission intends that the millage when applied to the extended tax roll will generate the same tax revenue as when applied to the Certification of Taxable Value prepared by the Orange County Property Appraiser on June 28, 2024; and WHEREAS, the provisions of Chapter 200 of the Florida Statutes prescribing the method of fixing millage have been complied with. ! r t ! uli ► r�r-YD17i�•lY:l(�1�1Y►'LKI71��1f.Yy[!l►(!]�IYiI SECTION 1. Authority. The City Commission of the City of Ocoee has the authority to adopt this Ordinance pursuant to Article VIII of the Constitution of the State of Florida and Chapters 166 and 200, Florida Statutes. SECTION 2. MillagLLevy. The City Commission of the City of Ocoee hereby adopts, establishes and levies a millage rate for ad valorem taxation of real and business personal property within the City of Ocoee, Florida, for the fiscal year beginning October 1, 2024, and ending September 30, 2025, at the rate of 4.950 per $1,000.00 of assessed valuation. SECTION 3. Percentage Increase, Over Rolled -Back Rate. The millage rate, as herein levied, exceeds the rolled -back rate of 4.743 as computed pursuant to Section 200.065, Florida Statutes, providing for 4.36 % increase in millage rate over the rolled -back rate. SECTION 4. Millage Adjustment. The City Commission hereby authorizes the City Manager to administratively provide the Property Appraiser with the millage adjustment, pursuant to his report of the aggregate change in the assessment roll as provided for by Section 200.065(5), Florida Statutes. SECTION 5. Collection of Taxes. The tax shall be collected by the Orange County Tax Collector, subject to discounts prescribed by law, and distributed to the City in accordance with Florida law. SECTION 6. Severabifi!y. If any section, subsection, sentence, clause, phrase or portion of this Ordinance is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. 2 SECTION 7. Effective Date. This Ordinance shall become effective ten (10) days after its passage and adoption. PASSED AND ADOPTED this fl j2L day of September, 2024, at -kLQ3— pm. Attest: ZV.ela.ic )ibbitt, City Clerk ADVERTISED 2024 AN:V, FOR4SE AND RELIANCE ONLY BY APPROVED BY THE OCOEE CITY THE CITY OF OCOEE, APPROVED COMMISSION AT A MEETING AS TO FORM AND LEGALITY, THIS HELD ON %�*LtLW 19 2024 18th DAY OF SEPTEMBER, 2024. UNDER AGENDA ITEM NO. IF . FISHBACKIDOMINICK By: Hillary 04fith foi''ichard Gellar City Attorney