CITY OF VALPARAISO & Valparaiso Cable Authority 465 Valparaiso Parkway Valparaiso, Florida 850-729-5402 SPECIAL MEETING September 23, 2024 6:00 PM AGENDA Budget Hearing 1. Resolution No. 22-09-23-24 Adopt Final Mileage 2. Ordinance No. 739 Adopt FY 2024 Budget - Final Reading 3. Fire Department Position 4. Etc. I RESOLUTION NO. 22-09-23-24 A RESOLUTION OF THE CITY OF VALPARAISO, FLORIDA ADOPTING THE FINAL LEVYING OF AD VALOREM TAXES FOR FISCAL YEAR 2025; PROVIDING FOR ANI EFFECTIVE DATE. WHEREAS, The Mayor and City Commission of the City of Valparaiso adopt the following resolution for the purpose of levying a final millage rate upon the tax assessment roll of the year 2024. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION, AS FOLLOWS: SECTION I: There is hereby levied upon the assessment roll of the year 2024, ad valorem taxes for the fiscal year beginning on the 1st day of October 2024, at the rate of 5.6504 per $1000 valuation. The final adopted millage rate is greater than the rolled-back rate of 4.8602 by 16.26%. SECTION II: This Resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED THIS 23RD DAY OF SEPTEMBER, A.D.2 2024 AT PM. Hubert B. Smith Mayor ATTEST: Tammy Johnson, CMC City Clerk E ? I E 5 3 6 5 € o 8 E - 0 a a S 00 o a 4 : s € o - 11 6 o I 0 a 90 5 5 3 6 5 9 E 8 S @ 5 3 o - - s 3 8 Y à o 9 o 6 E @ L s de 10 I o I a I E = e t E I I I n s 2 N € J ) - 0 5 5 & & 5 5 6O 7 ORDINANCE NO.739 AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF VALPARAISO, FLORIDA, FOR THE FISCAL YEAR 2025 COMMENCING 1 OCTOBER 2024; REPEALING CONFLICTING ORDINANCES; AND PROVIDING FOR. AN EFFECTIVEI DATE. WHEREAS, the City Commission and the Valparaiso Cable Authority oft the City ofValparaiso, Florida, have held public hearings on September 16, 2024, and September! 23, 2024, for the purpose ofa adopting a final budget for the fiscal year commencing 1 October 2024 and ending 30 September 2025, and, as a: result oft the input received at these public meetings, has made the final revisions thereto, and amount of $11,137,850, and WHEREAS, the appropriations and revenue estimate for the Budget for the Fiscal Year 2024/25 in the WHEREAS, the approval and adoption ofthis final budget is necessary for the health, welfare, and NOWTHEREFORE, BEITORDAINED BY' THE CITY COMMISSION OF THE CITY OF Section 1. The final budget for the fiscal year commencing 1 October 2024, which is attached hereto Section 2. During FY2025, the Budget can be amended through a resolution passed by ai majority general benefit of the citizens oft the City of Valparaiso, Florida. VALPARAISO, FLORIDA: and incorporated by reference, is hereby officially adopted. vote oft the City Commission at aj publicized meeting. Such resolution shall detail the amount oft the proposed revenue and/or expenditure, thet total of which must exceed $5,000.00, and shall: reference the particular fund to which it shall apply. The resolution shall state thej purpose ofany proposed expenditure and the: source oft the funds tol be used as payment. Such resolution shall also authorize the City Clerk to: revise the FY2025 monthly financial statements accordingly. Section 3. The appropriations set forth in said budget are. hereby approved, adopted, and authorized. Section 4. Any ordinance in conflict herewith isi repealed to the extent of such conflict. Section 5. This Ordinance shall become effective immediately upon: its passage. PASSED AND ADOPTED THIS 23RD DAYOF SEPTEMBER 2024 AT PM. Hubert B. Smith Mayor ATTEST: Tammy Johnson, CMC City Clerk