Title
RESOLUTION NO. 24R-09-186: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LAUDERHILL APPROVING THE TENTATIVE PROPERTY TAX LEVY FOR THE HABITAT SAFE NEIGHBORHOOD IMPROVEMENT DISTRICT AT THE PROPOSED MILLAGE RATE OF 2.0 MILLS FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025 ADOPTING THE PROPOSED NON-AD VALOREM SPECIAL ASSESSMENT IN THE AMOUNT OF $250.00 PER PARCEL OF LAND PER YEAR FOR THE HABITAT SAFE NEIGHBORHOOD IMPROVEMENT DISTRICT FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025; PROVIDING FOR AN EFFECTIVE DATE.
Body
Request Action:
Pass a Resolution to approve the Tentative Tax Levy for the Habitat Safe Neighborhood Improvement District Fiscal Year 2025 the proposed Millage Rate of 2.0 Mills and proposed Non-ad Valorem Special Assessment in the amount of $250.00 per parcel of land per year from the District area.
Need: (Why is there a need for this action?)
Florida Statutes, Section 163.5151 requires the City Commission of the City of Lauderhill to approve the Tentative Tax Levy for the Proposed Millage Rate of 2.0 Mills for the District for Fiscal Year 2025 prior to the final adoption by the Safe Neighborhood Improvement District Board of Directors.
Summary Explanation/ Background: (Provide a summary/background of this agenda request)
Florida Statutes, Section 163.5151 requires the Habitat Safe Neighborhood Improvement District to adopt a Resolution and Ordinance for the Tentative Tax Levy of the Millage Rate for each Fiscal Year. These taxes are included within the District Budget which is incorporated into and becomes a part of the City of Lauderhill General Budget for Fiscal Year 2025. Pursuant to the Statutory requirement, prior to the adoption of the Final Tax Levy by the District Board of Directors on September 26, 2024, the Tentative Tax Levy of the Proposed Millage Rate must be approved by the City Commission of the City of Lauderhill. This Resolution is the approval by the City Commission for the Tentative Tax Levy at the Proposed Millage Rate of 2.0 Mills as approved by the District Board of Directors prior to the adoption of the Final Ordinance by the Safe Neighborhood Improvement District Board of Directors. The proposed non-ad valorem special assessment of $250.00 per parcel and the ad valorem tax of 2.0 Mills designated within the Budget will be collected utilizing the uniform method of collection on the Annual Tax Bill. Authorization is given to the District to levy ad valorem taxes up to 2.0 mills annually and non ad-valorem special assessments to support planning & implementation of district improvements not to exceed $250 for each individual parcel of land per year. The preliminary estimated rate of assessment was passed via Resolution No. 24R-07-145 on July 9, 2024.
Attachments:
Map Area
Rate of Assessment
Certificate of Assessment
DR 420
Cost Summary/ Fiscal Impact:
Anticipate revenues to be collected in the amount of $78,570.00 from special assessments and $59,938.00 for tax levy millage for a total anticipated revenue of $138,508.00