File #: 18-523    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/7/2018 In control: City Commission
On agenda: 9/25/2018 Final action: 9/25/2018
Title: RESOLUTION NO. 107-18 FINAL MILLAGE LEVY FOR THE DOWNTOWN DEVELOPMENT AUTHORITY (DDA)
Sponsors: City Manager Department
Attachments: 1. Agenda Cover Report, 2. Res 107-18 Tax Levy DDA FY 2019, 3. DDA Budget

TO:                                          Mayor and Commissioners

FROM:                     India Adams, Assistant City Manager

THROUGH:                     Mark R. Lauzier, City Manager

DATE:                     September 25, 2018

 

Title

RESOLUTION NO. 107-18 FINAL MILLAGE LEVY FOR THE DOWNTOWN  DEVELOPMENT AUTHORITY (DDA)

 

Body

Recommended Action:

Recommendation

Motion to approve Resolution No. 107-18 Final Millage Levy for the DDA.

 

Body

Background:

The item before the City of Delray Beach (City) City Commission is Resolution No. 107-18 which levies a tax on all properties within the Downtown Development Authority (DDA) Taxing District of the City. The proposed DDA millage rate for FY 2019 is 1.0000.

 

The DDA proposed millage rate of 1.0000 is no increase from FY 2018, but is more than the rolled back rate (0.9285) by 7.70%. The assessed valuation on all taxable property for operating purposes within the DDA Taxing District of the City is $1,094,040,883.

 

Timing of Request:

This is the final adoption of the millage levy for the DDA.

 

Attachments:

Resolution No. 107-18

DDA Budget