ORDINANCE NUMBER 2006-01

Whereas,  the Town of Shalimar has tentatively approved its Fiscal Year Budget for 2005-2006; and

Whereas,  the Property Appraiser for Okaloosa County, Florida, has certified 2.40 mills as an allowable millage rate for the calendar year 2006; and

Whereas, the Budget for Fiscal Year 2005-2006 can be funded with the revenue the proposed 2.4 millage rate will raise.

NOW THEREFORE, IT IS ORDAINED:

Section I.

That the millage rate to be imposed during the calendar year 2006 for taxable non-exempt real and personal property in the Town of Shalimar, Florida, be 2.40 dollars per thousand of appraised valuation.

Section II.

That the rate of 2.40 mills is a minus (-) 1.16 % 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 13, 2005

Date of First Reading

September 20, 2005

Date of Second Reading