§ 45. Assessments; millage; limitation.

The city commissioners shall have full power and authority to make its [their] own assessment of taxes and fix the valuation of all property within said city, real, personal and mixed, including franchise rights and the property of all railroads, telegraph, telephone and power lines, or that portion thereof within the city limits of said city, but such valuations shall in no case exceed the actual cash value of such property at the time of making said assessment. The said city commissioners shall fix the millage to be assessed against all property within said city which shall not exceed 20 mills on the dollar for general city purposes, but in addition thereto a special tax shall be levied sufficient in millage to create a sinking fund to meet all bonded indebtedness of said city with interest as the same shall mature, and that a special millage not exceeding one mill on the dollar may be levied at the discretion of the city commissioners for advertising purposes.

(Laws of Fla. ch. 13426(1927), § 21)

Editor's note— The preparation of municipal assessment rolls is governed by F.S. § 193.116.

Charter cross references— Additional authority to levy taxes, § 6(a); expenditures for advertising, § 27.