Item Coversheet

Resolutions - R7  I




COMMISSION MEMORANDUM

TO:Honorable Mayor and Members of the City Commission 
FROM:Alina T. Hudak, City Manager 
DATE:September  13, 2023
 

5:02 p.m. First Reading Public Hearing

SUBJECT:

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE TENTATIVE AD VALOREM MILLAGE RATE OF 0.8468 MILLS FOR FISCAL YEAR 2024 FOR THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT, WHICH IS ELEVEN AND THREE TENTHS PERCENT (11.3%) MORE THAN THE "ROLLED-BACK" RATE OF 0.7610 MILLS, SUBJECT TO A SECOND PUBLIC HEARING SCHEDULED ON WEDNESDAY, SEPTEMBER 27, 2023, AT 5:02 P.M.


RECOMMENDATION

See attached Memorandum.

SUPPORTING SURVEY DATA

N/A

FINANCIAL INFORMATION

See attached Memorandum.

Applicable Area

Citywide
Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14? Does this item utilize G.O. Bond Funds?
Yes No 

Strategic Connection

Organizational Innovation - Ensure strong fiscal stewardship.
Legislative Tracking
Office of Management and Budget

ATTACHMENTS:
Description
Memo - FY2024 Normandy Shores Tent Millage Rate
Resolution