File #: 24-1118    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/7/2024 In control: City Commission
On agenda: 9/3/2024 Final action: 9/3/2024
Title: RESOLUTION NO. 174-24: DOWNTOWN DEVELOPMENT AUTHORITY PROPOSED MILLAGE RATE
Sponsors: Finance Department
Attachments: 1. Agenda Cover Report, 2. Resolution 174.24 DDA Proposed Millage FY 2025-9.3.24_Revised rev. kwb, 3. DDA FY24-25 Millage and Budget Memo for CC 9.03.24, 4. DBDDA 2024_25 Draft Budget for CC Budget Hearing 9.03.pdf, 5. DDA DR420_2024_1412, 6. Simple Legal Review Approval 174-24

TO:                                          Mayor and Commissioners

FROM:                     Laura Simon, Executive Director, Downtown Development Authority

THROUGH:                     Terrence R. Moore, ICMA-CM

DATE:                     September 3, 2024

 

Title

RESOLUTION NO. 174-24: DOWNTOWN DEVELOPMENT AUTHORITY PROPOSED 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 proposed rates of millage to be levied by the Downtown Development Authority for the fiscal year beginning October 1, 2024.

 

Body

Background:

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

 

 

Downtown Development Authority

 

Operating Millage               1.0000 mill

Debt Service Millage          0.0000 mill

Total Millage                      1.0000 mill

 

Timing of Request:

This is the first of two required public hearings. The second public hearing will be held on September 16, 2024.