TO: Mayor and Commissioners
FROM: Laura Simon, Executive Director, Downtown Development Authority
THROUGH: Neal de Jesus, Interim City Manager
DATE: September 5, 2019
Title
RESOLUTION NO. 154-19: TENTATIVE MILLAGE LEVY/DDA
Body
Recommended Action:
Recommendation
Motion to approve Resolution No. 154-19 Tentative DDA Millage Rate for FY 2020.
Body
Background:
Resolution No. 154-19 tentatively levies a tax in the amount of 1.0000 mil on all properties within the
Downtown Development Authority Taxing District (DDA) of the City of Delray Beach for FY 2020.
The proposed millage rate of 1.0000 for the DDA is the same as FY 2019 and is greater than the
rolled back rate (0.9491) by 5.36%. The assessed valuation on all taxable property for operating
purposes within the Downtown Development Authority Taxing District of the City of Delray Beach is
$1,158,537,691.
A copy of the DDA budget for 2020 is attached.
Final adoption of the DDA tax levy for FY 2019 is scheduled for September 17, 2019.
Timing of Request:
Final adoption will be September 17, 2019.