| | | | | | | |  | CITY OF ORLANDO
COUNCIL AGENDA ITEM
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Items Types: Hearings
| For Meeting of: 9/27/2021
| | District:3,4,5 | On file (City Clerk):Yes |
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| | | | | | | | | 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 |
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| ATTACHMENTS: | | File Name | Description | Type | | DSNID_Budget_Resolution_2021-2022.pdf | DSNID FY22 Budget Resolution | Backup Material | | DSNID_Schedule_A_for_FY21-22.pdf | DSNID FY22 Budget Resolution Schedule A | Backup Material | | DSNID_Millage_Resolution_2021-2022.pdf | DSNID FY22 Millage Resolution | Backup Material |
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 "Enhance the quality of life in the City by delivering public services in a knowledgeable, responsive and financially responsible manner." |
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