9/14/1988 - Laserfiche WebLink

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GENERAL FUND Director Baird announced that the General Fund contingencies balance now has been reduced to $767,000 from $800,000. There being no others who wished to be heard, the Chairman closed the public hearing for the General Fund. Chairman Scurlock announced that there is no need -to recalculate any millage because that will remain the same. Attorney Vitunac advised that the law requires that the millage rate resolution be read in its entirety, and that it is not necessary to read the resolution adopting the final budget for the various funds. However, it is necessary to have a Motion to adopt each resolution. Attorney Vitunac thereupon read aloud in its entirety proposed Resolution 88-58 establishing the millage rate for the General Fund at 4.9673 which is 5.40 over rollback. ON MOTION by Commissioner Eggert, SECONDED by Commissioner Wheeler, the Board unanimously adopted Resolution 88-58, establishing a millage rate of 4.9673 (5.4% over rollback) for the General Fund for fiscal year 1988-89. RESOLUTION NO. 88- 58 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, ESTABLISHING THE TAX MILLAGE RATE TO BE LEVIED UPON ALL REAL AND PERSONAL TAXABLE PROPERTY IN INDIAN RIVER COUNTY, FLORIDA, FOR FISCAL YEAR 1988-89 FOR THE GENERAL FUND. WHEREAS, the Budget Officer of Indian River County prepared and presented to the County Commission a tentative budget for the General Fund of Indian River County, Florida, for the fiscal year commencing on the first day of October, 1988, and ending on the 30th day of September, 1989, addressing each of the funds therein as provided by law, including all estimated receipts, taxes to be levied, and balances expected to be brought forward, and all estimated expenditures, reserves, and balances to be carried over at the end of the year; and 1 1 fir: S E P 14 1988