§ 66-156. Levied.

(a)

That it is hereby found and determined that the ad valorem millage rate of 1.994 mills, i.e., $1.994 per $1,000.00 of assessed property value, will provide approximately the same ad valorem tax revenue for the City of Quincy as was levied during the prior year and which rate is known as the "rolled-back rate" pursuant to F.S. § 200.065(1).

(b)

That it is necessary, however, to levy a tax of 2.000 mills, i.e., $2.000 per $1,000.00 of assessed property value, upon all of the taxable property within the corporate limits of the City of Quincy, Florida, excluding exempt property, for the purposes of raising the amount of money necessary to carry on the government of said city during the fiscal year beginning October 1, 1998, and ending September 30, 1999, which said millage rate exceeds the rolled-back rate by .30 percent.

(c)

That for the purpose of raising the amount of money necessary to carry on the government of the City of Quincy, Florida, during the fiscal year beginning October 1, 1998, and ending September 30, 1999, a direct tax of 2.000 mills on the dollar, i.e., $2.000 per $1,000.00 of assessed property value, is hereby levied upon all of the taxable property within the corporate limits of the City of Quincy, excluding exempt property, as listed, described and valued on the assessment roll for the fiscal year 1998 by the proper official as provided by law and revised, equalized and corrected as provided by law.

(Ord. No. 872, §§ 1—3, 9-23-97; Ord. No. 889, §§ 1—3, 9-22-98)