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16-2097 Adopting Final Millage Rate FY 2016-2017ORDINANCE NO.16-2097 AN ORDINANCE OF THE CITY OF LONGWOOD, FLORIDA, DETERMINING THE AMOUNT OF AND FIXING THE RATE OF AD VALOREM TAXATION AND MAHING THE ANNUAL TAX LEVY FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017, PROVIDING FOR CONFLICTS, SEVERABILITY AND EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION THE CITY OF 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 $5,164,701. SECTION 2: That the millage for the Fiscal Year 2016/20174s=fixed at 5.5000 mills which is an increase of 3.71 per cent from the current year rolled"back rate 5.3030 as = computed in accordance with F.S. 200.065. _ = SECTION 3: That there shall be levied and collected by the City of -Longwood Florida, - for the Fiscal Year commencing October 1, 2016 and ending September 30, 2017 upon all NON- EXEMPT TAXABLE PROPERTY within the corporate limits of said City, a fax of 5:5000 mills 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. 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 $939,036,476. SECTION 5: That all ordinances, or parts of ordinances, in conflict herewith, and the same are hereby repealed. Ordinance No. 16-2097 Page 1 SECTION 6: 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. SECTION 7: This Ordinance shall become effective on October 1, 2016. FIRST READING (adopted tentative): this 6th day of September A.D., 2016 SECOND READING (adopted final): this 19th day of September A.D., 2016 PASSED AND ADOPTED THIS DAY19th OF September A.D., 2016 CITY COMMISSION CITY OF LONGWOOD, FLORIDA Approved as and legality for the use and reliance of the City of Longwood, Florida Only. Da angley, o Ordinance No. 16-2097 Page 2