2024-R-25 - Final Debt Service Millage Rate RESOLUTION 2024-R-25
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLORIDA, ADOPTING FINAL VOTED
DEBT SERVICE MILLAGE RATES FOR THE CITY FOR
FISCAL YEAR 2024-2025; PROVIDING FOR
CONFLICTING PROVISIONS, SEVERABILITY AND
APPLICABILITY; PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS, the Florida Statutes, including Section 200.065, provide that the City
Council shall adopt a tentative millage rate prior to the adoption of a tentative budget; and,
WHEREAS,the Volusia County Property Appraiser has certified the gross taxable`value
of property within the City of Edgewater as$1,980,687,502; and
WHEREAS, October 1, 2024 is the commencement of the fiscal year for the City Qf-
Edgewater;and
WHEREAS,on September 9,2024 a public hearing was held on the tentative voted debt
service millage rate of$0.0200 mills for fiscal year 2024-2025 and all persons desiring to voice
objection or make comment upon said millage rate were given an opportunity to do so; and
WHEREAS, on September 23, 2024, a public hearing was held on the final voted debt
service millage rate for fiscal year 2024-2025 and all persons desiring to voice objections or to
make comment upon said millage were given an opportunity to do so.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF EDGEWATER,FLORIDA:
Section 1: That the City Council of the City of Edgewater, Florida, deems it
necessary to levy and does hereby levy a tax of $0.0200 mills upon all real and personal
property, railroads, telegraph and telephone lines within the City of Edgewater for Voted Debt
Service.
Resolution#2024-R-25
Section 2: The Voted Debt Service levy of$0.0200 mills based on the sale of the
Limited General Obligation Note Payable in 2005.
Section 3. This Resolution shall become effective immediately upon passage and
adoption.
PASSED AND DULY ADOPTED this 23" day of September, 2024.
Diezel Depew, Mayor
TTES2F-
Bonnie Zlotnik, &Mb,City Clerk
REVIEWED AND APPROVED; vt
Aaron R. Wol eJCY
Attorney
2
Resolution 42024-R-25