2025-R-23 - Final Voted Debt Service Millage Rate - FY 2025-2026RESOLUTION 2025-R-23
A RESOLUTION OF THE CITY COUNCIL OF
EDGEWATER, FLOIUDA, ADOPTING FINAL 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 $0.1129 mills for fiscal year 2025-2026 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 22, 2025, a public hearing was held on the final voted debt
service millage rate for fiscal year 2025-2026 and all persons desiring to voice objections or to
make comment upon said millage were given an opportunity to do so.
OF THE CITY OF EDGEWATER, FLORIDA:
Section 1: That the City Council of the City of Edgewater, Florida, deerns it
necessary to levy and does hereby levy a tax of $0.1129 mills upon all real and personal property
within the City of Edgewater for GO for Parks Voted Debt Service.
Resolution #2025-R-23
Section 2: The Voted Debt Service levy of $0.1129 mills based on the sale of the
General Obligation Note Payable in 2017.
Section 3. This Resolution shall become effective immediately upon passage
and adoption.
PASSED AND DULY ADOPTED this 22nd dal
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. . . ... . . .
ATTERT:
4%I, iir1 LA
Mon clue ToulAn, Interim City Crk
REVIEWED AND APPROVED:
Aaron R. Wolfe,kityAttorney
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Resolution #2025-R-23