CCMtg06-26-8022& Inngwood Eity Ba a~an
June 26, 19E0 is
The Longwood City Cormiission met at 7:00 F. m. to discuss the impae of t
ed Truth in Mtllege Bill ox the "TRIM HILL" on the budget setti~ pmeessaPOry
Longvrood.
Presant. ikpnty Mayor IA
co®iaatoner c
Conmissioner Heppt
co®aiasioner w.uneu
Cavid Chacey, City Administrator
Ib~ald Terry, C1'I'.y Clerk
Abeent: Affi,yox Uskert
Mr. ]hvtd Chacey, City Administrator, reported that be would nave all city budgets
wed by Abndav, J e 30, 1980 an hoped to give each Co ssioner a working draft
to review on July 1, 1980. His recommended budget wilt be a o~rPxills" balanced budget.
2. Mr. Cnecey discussed the "TAIM BILL" and its impact on the To comic budget. Tne
first impact will 6 will n ceive t xtiTied t om Beminole Cowty
until ap imatelyeAUgustwl, 1980.otUpon receipt o£ tax ro1l~LOngwood must provide
PrepertypAppraiser t of information; a rolled back r e (the old certified
mSllage r te) w thSS yearswill be et 100$, a etive Millege - "TRLM BILL" includes
an 8$ c on AdDValorem Ta tl the timT end place oC a public hearing. Public
Heeringamust b no lessRlOedays and no more than 15 days following the notSCe sailed
o property owners..
3. be Legislature ha man fed that Tv. Assessors appraise real property a 100$ ~1
of value - an inereasesfromdthe present "l0-72$ valuation in Seminole Cowty. tThis
will result in a 2B$ increase in the value of the t¢x rolls Por L~vooa. _ _
4. "TRIIA BILL" reaffirms the Utiliip Taz and p rmits an {norease in fees Por
Occupstional L Mr. Cnaeey stated that a evSSed List oP Occupational License
Fees was beixigrprepered and would be s:bmitted to oamuesisn at Budget Neering.
5. The t ming r endum on acing the v of the Homestead Exemption from
$5,000.00 toh$15, 000.OOewill De Votearon by the public on Eeptember 9, 19H0. It is
petted that, this referendum will pass snd i it does, cities waul.d be required t
ecompute a millage r to to r ceive the same Tunds they would r ve before passage.
The " BA BILL" permits mun lities to operate on veabudget" sa it i
imperative th t Io~wood h ve1pas sad a ative budget~'ebeTOre September 9, 1980
or receipt of tax revenue., may be de syedent
6. A4. Chacey provided following iNOrmation Por estimated revenue Income as compered
to 19'19/80:
19'!9/1980 Taxable Value: $94,385,335.00 = $261,44'].00 Ad Valorem Tax
+ 30 percent increase by $28,315,600.00
ax Appraiser
1980/19H1 Estimated Taxable $122,'lU0, 935.00 = $261,44'1.00 @ .00213 Mills
V¢1ue
+ 8 percent authorized growth 520,915.00
1980/1981 Estimated Ad $282,362.00 _ .0023 Itills Tax ~ ~
'Valorem Taxes '~
229
The City Conmission will hold Budge
Thursday, July 10, 1980 at 3:00 p.m
Thissday, July 17, 1980 at 3:00 p.m
Suly ?.4, 1980 at 3:00 p.m
ThursdQy, July 31, 1980 at 3:00 p.m
8. IC w tad that the homestead Fsemption Tzuet Fhnd'is only Punded for
$S, OOO.OOSexemptions Lhis y thus cities will n ceive funds Csr the
edditionnl $10,000.00 if Lheaincreaee ss~ Homestead Pxemption is pnssed.
9. C,o~issioner Lormazm discussed the delay in a Codification oP the
City of Longwood Ordinances. Linda ldaztin had calledvtTe f>rm that was preparing
lo. The conanisaion aa,ionrnea at v:ao p.a.
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ATTEB'L:
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Clty Clezk