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5. AD VALOREM FUNDS <br />A. AD VALOREM MILLAGE AND AD VALOREM BUDGET <br />GENERAL FUND <br />Chairman Wheeler read into the record the proposed millage of 3.0526, which is 5.00% <br />below rollback, and the proposed budget of $83,520,452. <br />Chairman Wheeler opened the floor to public comments. There were no speakers and the <br />Chairman closed the public comment period. <br />There were no changes proposed. <br />ON MOTION by Commissioner O'Bryan, SECONDED by <br />Commissioner Davis, the Board unanimously approved the <br />millage rate of 3.0526, and approved Resolution No. <br />2007-094 establishing the tax millage rate to be levied upon <br />all real and personal taxable property in Indian River <br />County, Florida, for fiscal year 2007-2008 for the General <br />Fund. <br />ON MOTION by Commissioner O'Bryan, SECONDED by <br />Commissioner Davis, the Board unanimously approved the <br />dollar amount of $83,520,452, and approved Resolution <br />No. 2007-095 amending the County Budget Officer's <br />estimates of receipts other than taxes and of balances to be <br />SEPTEMBER 12, 2007 3 <br />