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Ordinance 06-1812 ~ ORDINANCE N~~. 06-1812 AN ORDINANCE OF THE CITY OF LONGWOOD, FLORIDA, DETERMINING T'HE AMOUNT O?? AND FIXING THE. RATE OF AD VALOREM TAXATION AND MAHING THE ANNUAL TAX LEVY FOR THE FISCAL YEAR COMMIENCING OCTOBER 1, 2006 AND ENDING SEPTEMBER 30, 2007, P?tOVIDING FUR CONFLICTS, SEVERABILITY AND EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LONGWOOD FLORIDA, AS F~~LLOWS: SECTION 1: That the amount determined by the budget as necessary to be raised by ad valorem taxation in the City of Longwood, Florida, for the operation and expenses forthe administration. of the affairs of the City is the sum of $5,109,890. SECTION 2: That the millage .for the Fiscal Year 2006/2007 is fixed at 4.99 mills which is an increase of 19.44 per cent over the current year rolled back rate of 4.1780 as computed in accordance with F.S. 200.065. SECTIONf 3: That there shall be levied and collected by the City of Longwood, Florida, for the Fiscal Year commending October 1, 2006 and ending September 30, 2007 upon all NON-:EXEMPT TAXABLE PROPEF:TY within the corporate limits of said City, a tax of 4.9!~ mills on each dollar ofnon-exempt appraised value for the purpose of realizing a sum sufficient to fund the budget. and meet and defray the necessary operating expenses of said City for the ensuing Fiscal Year. SECTION( 4: That the gross taxable value for operating purposes not exempt from taxation within the City of Longwood has been. certified by the Seminole County Property Appraiser to the City of Longwood as $1,077,922,216. SECTION? 5: That all ordinances, or parts of ordinances, in conflict herewith, be and the same are 1lereby repealed. Ordinance No. 06-1812 Page 2 SECTION 5: If any section, sentence, clause or phrase of this ordinance is held to be invalid or unconstitutional by a court of competent jurisdiction, the holding shall in no way affect the validity of the remaining portions of this ordinance. SECTIOr( 6: This Ordinance shall become effective on October 1, 2006. FIlZST RF;ADING (ADOPT TENTATIV"E): _ ~j 2Z~p SECOND READING (ADOPT FINAL): ~~.D~-err>~Jr ~~1Z.OO0o PASSED AND ADOPTED THIS /B~DAY OF `~~:.~ic-"i„2~' A.D., 2006. 1/V' ~ Ma or n fl~ngo ~ Y Attest: C Sarah VI. Mirus., CMC, City Clerk Approved as to form and legality for the use and reliance of the City of Longwood, Florida, only. llZichard S. Taylor, Jr., City' Attor-ney