Item Coversheet
CITY OF ORLANDO
COUNCIL AGENDA ITEM



Items Types: Hearings

For Meeting of: 9/27/2021

District:3,4,5 On file (City Clerk):Yes



Subject:2nd Budget Hearing (5:01 p.m.) – Adopting Proposed Millage Rate and Tentative Budget of the Downtown South Neighborhood Improvement District (DSNID) for Fiscal Year 2021-2022
Summary:

Pursuant to Section 200.065, Florida Statutes (F.S.), the Downtown South Neighborhood Improvement District (DSNID) has prepared a tentative budget and computed a proposed millage rate of 1.0000 per $1,000 of assessed property value. The proposed millage rate of 1.0000 is 2.90% higher than the roll-back rate of 0.9718. Section 200.065, F.S., requires the City of Orlando to hold a public hearing on the proposed millage rate and tentative budget. The sequence of events during the public hearing is as follows:

     1. Discussion of the proposed millage rate of 1.0000 being higher than the roll-back
         rate of 0.9718 by 2.90%.
     2. Allow public comments and questions.
     3. Amend the tentative budget and re-compute the proposed millage rate, if necessary.
     4. By separate motion and vote, adopt the proposed millage rate.
     5. By separate motion and vote, adopt the tentative budget.

Fiscal and Efficiency Data:

No fiscal impact.

Recommended Action: 
Contact:Martin Carmody, martin.carmody@orlando.gov, (407) 246-2082


ATTACHMENTS:
File NameDescriptionType
DSNID_Budget_Resolution_2021-2022.pdfDSNID FY22 Budget Resolution Backup Material
DSNID_Schedule_A_for_FY21-22.pdfDSNID FY22 Budget Resolution Schedule ABackup Material
DSNID_Millage_Resolution_2021-2022.pdfDSNID FY22 Millage Resolution Backup Material

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