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AGENDA ITEM SUMMARY FORM
File ID: #7897
Date: 09/14/2020 Requesting Department: Office of
Management and Budget
Commission Meeting Date: 09/24/2020 Sponsored By:
Type:
Discussion Item
District Impacted: All
Subject: Discussion and Public Comment - City's Proposed Budget and Tentative Millage
FY '21
Purpose of Item:
To allow discussion and public comment on the Final FY 2020-21 Millage Rate, Final
Budget, and all other Budget items on the agenda.
Background of Item:
The FY 2020-21 Proposed Operating and Capital Budgets were provided to the Elected
Officials, posted on the City's website, and filed with the Office of the City Clerk on July
21, 2020. On September 10th, 2020 both the Tentative General Operating Millage rate
of 7.9900 and the Operating Budget were approved. The Final General Operating
Millage rate of 7.9900 for the City of Miami for the Fiscal Year beginning October 1,
2020 and ending September 30, 2021 is 4.15 percent higher than the State Defined
Rolled -Back Rate of 7.3608 mills.
Budget Impact Analysis
Item is an Expenditure
Item is Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
Reviewed By
Office of Management and Budget Christopher M Rose Department Head Review Completed 09/15/2020 10:24 AM
City Manager's Office Sandra Bridgeman Assistant City Manager Review Completed 09/15/2020 2:37 PM
City Manager's Office Arthur Noriega V City Manager Review Completed 09/15/2020 3:34 PM
City Commission Nicole Ewan Meeting Completed 09/24/2020 5:05 PM