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HomeMy Public PortalAbout120_010_Millage rate 20140710 RESOLUTION BE IT RESOLVED BY THE MAY AND COUNCIL OF THE CITY OF TYBEE ISLAND: WHEREAS,the fiscal year for the City of Tybee Island, Georgia,begins July 1 and ends June 30; and WHEREAS, Title III of the Code of Ordinances for the City of Tybee Island and, specifically, Section 3-2-11, provides in part that the millage rate for annual ad valorem tax for all taxable real and personal property within the City shall be established by resolution of the Mayor and Council; and WHEREAS, the Mayor and Council desire to set the gross millage rate for the year beginning July 1, 2014 and ending June 30, 2015 in compliance with the laws of Georgia and ordinances of the City; and WHEREAS, the Mayor and Council also desire to adopt a net millage rate incorporating the rollback for Local Option Sales Tax proceeds as provided by law. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council, in open meeting duly assembled, resolved, that the gross millage rate for the fiscal year July 1, 2014 through June 30, 2015 be set at and that the rollback in the amount of %be applicable so that the net millage rate to be applied to taxable property shall be IT IS SO RESOLVED, this the 10th day of July 2014. CITY OF TYBEE ISLAND, GEORGIA By: Jason Buelterman, Mayor ATTEST: By: Clerk of Council