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r sEp 15 1992 <br />BOOK 87 PAGE 599 <br />GENERAL OBLIGATION LIBRARY BONDS <br />1992/93 <br />GENERAL OBLIGATION LIBRARY BONDS <br />I. Amount of millage reflected on TRIM notices is 3042 . <br />2. This is the same as our proposed millage. <br />3. Rolled -back millage does not apply to voter approved debt. <br />- If it did, this would be a 5.749*1 decrease <br />4. Proposed budget $1,669,017 - a $569835 decrease oven last years. <br />County Administrator Jim Chandler announced that the proposed <br />budget for the General Obligation Library Bonds is $1,669,017. The <br />proposed millage rate is .3042. Voted debt is not subject to <br />rolled -back millage rates. <br />OMB Director Baird noted that the Library Bond is the only <br />general obligation debt and that it will be retired in FY 1993-94 <br />(July 1, 1994). <br />The Vice Chairman opened the public hearing on the General <br />Obligation Library Bonds and asked if anyone wished to be heard. <br />There being none, she closed the public hearing. <br />ON MOTION by Commissioner Scurlock, SECONDED by <br />Commissioner Bird, the Board unanimously (4-0, <br />Chairman Eggert being absent) adopted Resolution 92- <br />168, establishing a tax millage rate for the Library <br />Bonds of .3042 for fiscal year 1992-93. <br />23 <br />