File #: 24-1121    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/7/2024 In control: City Commission
On agenda: 9/16/2024 Final action: 9/16/2024
Title: RESOLUTION NO. 174-24: DOWNTOWN DEVELOPMENT AUTHORITY FINAL MILLAGE RATE
Sponsors: Finance Department
Attachments: 1. Agenda Cover Report, 2. Resolution 174.24 DDA Proposed Millage FY 2025-9.16.2024_Revised, 3. DBDDA 2024_25 Draft Budget for CC Budget Hearing 9.03.pdf, 4. DDA DR420_2024_1412, 5. DDA FY24-25 Millage and Budget Memo for CC 9.03.24, 6. FY24-25 PROPOSED BUDGET FOR HEARING 9.3.pdf, 7. Simple Legal Review Approval Final Budget Resolution 174-24 DDA

TO:                                          Mayor and Commissioners

FROM:                     Laura Simon, Executive Director, Downtown Development Authority

THROUGH:                     Terrence R. Moore, ICMA-CM

DATE:                     September 16, 2024

 

Title

RESOLUTION NO. 174-24: DOWNTOWN DEVELOPMENT AUTHORITY FINAL MILLAGE RATE

 

Body

Recommended Action:

Recommendation

Motion to adopt Resolution No. 174-24 - Certifying to the Property Appraiser and the Tax Collector of Palm Beach County, the final rates of millage to be levied by the Downtown Development Authority for the fiscal year beginning October 1, 2024.

 

Body

Background:

This is the second of two required public hearings for the adoption of the final rates of millage to be levied by the Downtown Development Authority for the fiscal year beginning October 1, 2024. Final Resolution No.174-24 is required to be adopted before the adoption of the City of Delray Beach Final Budget Resolution No.175-24.

 

Downtown Development Authority

 

Operating Millage       1.0000 mill

Debt Service Millage  0.0000 mill

 

Total Millage              1.0000 mill

 

 

City Attorney Review:

Approved as to form and legal sufficiency.

 

Timing of Request:

This is the second of two required public hearings. The first public hearing was held on September 3, 2024.