§ 8. Tax Levy; Limits.

As soon as practicable after the review and equalization of the assessment roll, the Council shall ascertain and determine the amount and fix the rate of taxation and make the annual levies for the current year which shall not exceed seventeen and one-half (17½) mills for general City purposes including, but not limited to, building purposes, water and fire protection, streets and parks, and all other lawful purposes of the City. The Council shall give notice of the intention to levy taxes by publication in some newspaper published in the City once a week for two consecutive weeks, and it shall require a three-fifths ( 3/5 ) majority of the Councilmen present to make any such levy. A failure to advertise the intention to levy taxes as aforesaid shall not, however, invalidate the said taxes as levied as aforesaid, but the said direction as to publication shall be considered and held as directory only. An additional levy for the interest on any bonds of the City outstanding and for a sinking fund to pay the principal of such bonds shall also be made. Nothing herein contained shall be construed to limit or prohibit the levy of taxes for special purposes authorized by general acts or special acts pertaining to the City of Orlando in addition to the limits set forth above.

(Laws of Fla. ch. 15394(1931), § 8; Laws of Fla. ch. 61-2598, § 1)