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9/8/1993
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9/8/1993
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7/23/2015 12:03:55 PM
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Meetings
Meeting Type
Special Call Meeting
Document Type
Minutes
Meeting Date
09/08/1993
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Administrator Chandler stated that overall the total budget <br />proposed for next fiscal year is $141,830,475 which is a decrease <br />of $998;136, or a little under one percent decrease. Most of that <br />decrease is related to capital funding and capital projects, not <br />operating expenses. The budgets funded by property taxes will be <br />considered first on the agenda. Administrator Chandler reported <br />that the total aggregate millage rate for all those budgets is <br />7.1140, an increase of .4370 or 6.54 percent. <br />Administrator Chandler explained that Truth In Millage <br />requires a presentation of millage in rates and percents. <br />Ad Valorem Taxing Districts <br />General Fund <br />M.S.T.U. <br />Emergency Services District <br />Ad Valorem Tax Voted <br />Library Bond Issue <br />Aggregate Millage <br />INDIAN RIVER 00UNTY . <br />TAXING DISTRICT SUNR IARY <br />1992/93 <br />Millaee <br />4.2094 <br />1.4455 <br />2.2851 <br />0.3042 <br />6.9568 <br />PROPOSED <br />1993/94 <br />Rolled Back Millaae <br />4.0428 <br />1.3975 <br />2.2155 <br />0.2922(l) <br />6.6770 <br />There have been increased assessed values on some individually <br />owned properties, and although the county -wide increase in the tax <br />roll, excluding new construction, is 4.12 percent, Administrator <br />Chandler recognized that in some instances individual assessed <br />valuations vary considerably from that overall average. He pointed <br />out that the Board of County Commissioners has control over <br />expenditure levels within the budgets under consideration, but has - <br />no control over individual property assessment on individual pieces <br />of property. <br />Administrator Chandler reported that the Solid Waste Disposal <br />District and Utilities Department budgets are not funded by <br />property taxes and there is no proposed increase in those rates. <br />The Golf Course operation is funded totally by the fees of the <br />players at the golf course and there are no property taxes <br />involved. There is a slight increase in golf fees for the users of <br />the golf course. <br />3 <br />BOOK 90 FACE 471 <br />L_ 3�p � 1993 J <br />
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