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HomeMy Public PortalAboutORD 06/05ORDINANCE NO. 06/05 AN ORDINANCE OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE GENERAL FUND FINAL MILLAGE RATE FOR THE TOWN OF GULF STREAM FOR FISCAL YEAR COMMENCING OCTOBER 1, 2006 AND ENDING ON SEPTEMBER 30, 2007. NOW THEREFORE, BE IT ORDAINED BY THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, FLORIDA THAT: SECTION 1. The Town Commission does hereby adopt its final millage rate of 3.1000 mills to be levied for the General Fund upon all real and tangible personal property located within the boundaries of the above named taxing authority. SECTION 2. The final levy of 3.1000 mills is .3930 mills greater than the roll back rate, which is 14.52% greater than the rolled rate. SECTION 3. This final millage rate of 3.1000 is for the calendar year 2006 to fund the expenses for the fiscal year commencing October 1, 2006 and ending September 30, 2007. SECTION 4. All other Ordinances of the Town of Gulf Stream, Florida or parts thereof which conflict with this or any part of this Ordinance are hereby repealed. SECTION 5. This Ordinance shall take effect immediately upon its passage. PASSED AND ADOPTED in a regular, adjourned session on first reading this 8th day of September, 2006, and for a second and final reading on this 20th day of September, 2006. MAYOR AITEST: /c- TOWN CLERK � 1 TOWN COMMISSION