Title
ORDINANCE NO. 18O-11-148: AN ORDINANCE AMENDING ORDINANCE NO. 18O-09-139 TO CORRECT CLERICAL ERRORS IN THE CALCULATION OF THE AGGREGATE ROLLED BACK RATE AND THE ROLLED BACK RATE AND THE CALCULATION OF THE PERCENTAGE INCREASES OVER BOTH RATES; PROVIDING FOR RETROACTIVE APPLICATION OF THE ORIGINAL ADOPTION OF THE ORDINANCE SETTING AND ADOPTING THE 2018-2019 PROPERTY TAX LEVY FOR THE CITY OF LAUDERHILL AT THE OPERATING MILLAGE RATE OF 7.9898 PER ONE THOUSAND DOLLAR ($1,000) ASSESSMENT FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019; ADOPTING THE AGGREGATE OPERATING MILLAGE RATE OF 8.0185 PER ONE THOUSAND DOALLARS ($1,000) ASSESSMENT AS AN INCREASE IN THE AGGREGATE ROLLED BACK RATE OF 7.0868 BY 13.15%; ADOPTING THE GENERAL FUND OPERATING MILLAGE RATE OF 7.9898 AS AN INCREASE OVER THE ROLLED-BACK RATE OF 7.0600 BY 13.15%; ADOPTING THE VOTED DEBT SERVICE MILLAGE AT A RATE OF 1.9464 PER ONE THOUSAND DOLLAR ($1,000) ASSESSMENT FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019; PROVIDING FOR A RETROACTIVE EFFECTIVE DATE.
Body
Request Action:
Pass an Ordinance to correct errors in the calculation of the aggregate rolled back rate and the rolled back rate and the calculation of the precentage increases over both rates as the Department of Revenue advised the City that the rates were not calculated accurately when first submitted.
Need:
To correct the aggregage rolled back rate and rolled back rate and percentage increases over those rates.
Summary Explanation/ Background:
The Department of Revenue advised the City of Lauderhill Finance Department that the initial aggregared rolled back rates and rolled back rates and the percentages over those rates were miscalculated. This ordinance corrects the clerical errors on the record with a retroactive effective date back to when the original applicable resolution and ordinances were initially passed.
Attachments:
Ordinance No. 18O-09-139 with markup and backup
C...
Click here for full text