Ordinance 96-1326ORDINANCE NO. 96-1326
LONGWOOD, FLORIDA, AS FOLLOWS:
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 for the
administration of the affairs of the City is the sum of $2,862,775.
SECTION 2: That the millagb for the Fiscal Year 1997 is
fixed at 5.0601 mills which =s 2.38 percent greater than the
Current year rolled -back rate.
SECTION 3. That thew shall be levied and collected by
the City of Longwood, Florida, for the Fiscal Yea= 1997 upon all
NON-EXEMPT TAXABLE PROPERTY within the corporate limits of said
City, a tax of 5.0601 mil l.s on each dollar of non-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.