1982.08.06_TC_Minutes_Special
. TOWN OF HIGHLAND BEACH, FLORIDA
Minutes of Meeting of Town Commission
August 6, 1982
Special Meeting
1:30 P.M.
Mayor Horton called the Special Meeting to order at 1:30 P.M. Those
in attendance were: Mayor Louis Y. Horton, Vice Mayor Mary Louise G.
Blosser and Commissioners John J. Basso and Harry Walker. Commissioner
Edward Sullivan was absent. Also in attendance were: Elaine W.
Roberts, Town Manager and Bernice Smith, Recording Secretary.
The purpose of the meeting was a proposed change in the debt
service millage rate for the 1982/83 Fiscal Year.
Mayor Horton stated that the millage rate certification had been
sent to the County Property Appraiser's Office on August 4, 1982.
The figures sent to the County showed a proposed millage of 1.2158
to cover operating expenses, and debt service of .0635 mills.
Commissioner Walker explained that the operating millage rate is
• pretty well set by the new formula, but we had to recalculate
the debt service millage rate to .6189 to allow 22 percent for
tax discounts.
MOTION was made by Commissioner walker asking that the Town Commission
approve the .6189 debt service rate, seconded by Commissioner Basso.
All voted (four) in favor of adjusting the debt service millage to
reflect the possibility of people taking discounts to 22 percent,
meaning that we would realize 972 percent of the tax dollar potential.
MOTION was made by Commissioner Basso, seconded by Mayor Horton to
adjourn the meeting at 1:40 P.M.
APPROVED:
Louis Y Horton, Mayor
ATTEST:
• ate: /~C' -- ..~ --~Y
Mary Lc~iz~~ G. Blosser, Vice Mayor
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'John ~J. Basso, Commissioner
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Harry Wal er, Commissioner