HomeMy WebLinkAboutBack-Up DocumentsSECOND AND FINAL BUDGET PUBLIC HEARING ITEM
DISCUSSION OF FINAL MILLAGE RATE AND FINAL BUDGET FOR THE MIAMI DOWNTOWN
DEVELOPMENT AUTHORITY (MIAMI DDA).
PERCENTAGE INCREASE IN MILLAGE RATE OVER ROLLED BACK RATE;
RESPONSE: 1.78% INCREASE (0.4681 IS THE FINAL MILLAGE RATE, 0.4599 IS THE
ROLLBACK RATE).
CITY COMMISSION LISTENS AND RESPONDS TO CITIZENS COMMENTS REGARDING THE
FINAL MILLAGE RATE AND EXPLAINS THE REASONS FOR THE INCREASE OVER THE
ROLL BACK RATE.
ACTIONS BY THE CITY COMMISSION:
1. AMEND THE FINAL BUDGET, IF NECESSARY
2. RECOMPUTE THE FINAL MILLAGE RATE, IF NECESSARY
3. ADOPT THE FINAL MILLAGE RATE
4. ADOPT THE AMENDED FINAL BUDGET
5. CITY COMMISSION ADOPTS AS IS
Received and approved
CHRISTINA M. CRESPI
EXECUTIVE DIRECTOR
MIAMI DOWNTOWN DEVELOPMENT AUTHORITY