2025-R-18 - Tentative Voted Debt Service Millage Rates FY 2025-2026RESOLUTION 2025-R-18
A RESOLUTION OF THE CITY COUNCIL OF EDGEWATER,
FLORIDA, ADOPTING TENTATIVE VOTED DEBT SERVICE
MILLAGE RATES FOR THE CITY FOR FISCAL YEAR 2025-2026;
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 $2,222,709,693; and
WHEREAS, October 1, 2025 is the commencement of the fiscal year for the City of
Edgewater; and
WHEREAS, on September 8, 2025, a public hearing was held on the tentative voted debt
service millage rate of $0.0100 mills for fiscal year 2025-2026 and all pet -sons desiring to voice
objection or make comment upon said millage rate were given an opportunity to do so; and
WHEREAS, on September 22, 2025, a public hearing will be held on the Final voted
debt service millage rate for fiscal year 2025-2026 and all persons desiring to voice objections or
to make cornment upon said millage were given an opportunity to do so.
Section 1: That the City Council of the City of Edgewater, Florida, deems it
necessary to levy and does hereby levy a tax of $0.0100 mills upon all real and personal property
within the City of Edgewater for Voted Debt Service.
Section 2: The Voted Debt Service levy of $0.0100 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 c J day of e Olf m be Y' , 2025.
Diezel Depew, Mayor
Resolution #2025-R-18
Morlique To spin, Interim CiClerk
REVIEWED AND APPROVED:
Aaron R. Wol"-c, Attorney
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Resolution #2025-R-18