Title
RESOLUTION NO. 25R-09-182: A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LAUDERHILL APPROVING THE TENTATIVE BUDGET AS APPROVED BY THE BOARD OF DIRECTORS FOR FISCAL YEAR 2026 FOR THE ISLES OF INVERRARY SAFE NEIGHBORHOOD IMPROVEMENT DISTRICT WHICH SHALL BE INCORPORATED INTO THE CITY OF LAUDERHILL BUDGET FOR FISCAL YEAR 2026; PROVIDING NOTICE FOR PUBLIC HEARING; AND PROVIDING FOR AN EFFECTIVE DATE.
Body
Request Action:
Pass a Resolution to approve the Tentative Budget for the Isles of Inverrary Safe Neighborhood Improvement District Fiscal Year 2026 which will be incorporated into the City of Lauderhill Fiscal Year 2026 Budget in the total amount of $93,240.00.
Need Summary Explanation/ Background:
Florida Statutes, Section 163.5151 requires the City Commission of the City of Lauderhill to approve the Tentative Budget for the District for Fiscal Year 2025 prior to the final adoption by the District Board of Directors.Florida Statutes, Section 163.5151 requires the Isles of Inverrary Safe Neighborhood Improvement District to prepare and adopt an annual budget for each Fiscal Year. This District Budget will be incorporated into and become a part of the City of Lauderhill General Budget for Fiscal Year 2026. Pursuant to the Statutory requirement, prior to the adoption of the Final Budget by the District Board of Directors on September 29, 2025, the Tentative Budget must be approved by the City Commission of the City of Lauderhill. This Resolution is the approval by the City Commission of the Tentative Budget as approved by the District Board of Directors prior to the adoption of the Final Budget. The non-ad valorem and ad valorem tax assessments designated within the Budget will be collected by the Broward County Property Appraiser’s Officer as the uniform method of collection on the Annual Tax Bill. The District provided authorization to levy 2 mills and $500 per parcel in non ad-valorem special assessments.
Cost Summary/ Fiscal Impact:
Total Tentative Budget for the Isles SND is $93,240.00.
Attachments:
Isles of Inverrary Safe Neighborhood Improvement District Tentative Budget
Budget Code Number(s): __________________________________
Procurement Information: [check all that apply]
[ ] RFP/Bid [ ] Emergency Purchase [ ] SBE
[ ] Proposal/Quote [ ] State Grant Funds [ ] Local Preference
[ ] Piggyback Contract [ ] Federal Grant Funds
[ ] Sole Source [ ] Matching Required