ORDINANCE NUMBER 2005-01

Whereas,  the Town of Shalimar has tentatively approved its Fiscal Year Budget for 2004-2005; and

Whereas,  the Property Appraiser for Okaloosa County, Florida, has certified 2.70 mills as an allowable millage rate for the calendar year 2005; and

Whereas, the Budget for Fiscal Year 2004-2005 can be funded with the amount of dollars the Millage Rate will raise.

NOW THEREFORE, IT IS ORDAINED:

Section I.

That the millage rate to be imposed during the calendar year 2005 for taxable non-exempt real and personal property in the Town of Shalimar , Florida , be 2.70 dollars per thousand of appraised valuation.

Section II.

That the rate of 2.70 mills is a plus (+) 3.50 % change from the rolled back rate.

Section III.

That this is a temporary ordinance and shall not be codified.

Section IV.

That the county Property Appraiser and the Tax Collector shall be notified accordingly.

ATTEST:                                                                        

___________________________                                      __________________________

Thomas A. Burns                                                    Gary Combs

Town Manager                                                        Mayor

September 14, 2004

Date of First Reading

September 23, 2004

Date of Second Reading