HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
Second Reading
W INA 1INZYNI61
Date:
Commission Meeting Date: 09/24/2020
Type: Ordinance
Subject: Adopt Millage FY'21 - City of
Miami
PURPOSE OF ITEM:
Requesting Department: Office of
Management and Budget
Sponsored By:
District Impacted: All
To establish the millage rates for the fiscal year ending September 30, 2021 (FY 2020-
21) at:
General Operating 7.6665
Debt Service 0.3235
Total Millage Rate 7.9900
BACKGROUND INFORMATION:
The City of Miami FY 2020-21 Proposed Operating Budget, as presented on July 21,
2020, contains the following recommended millage rates:
General Operating 7.6665
Debt Service 0.3235
Total Millage Rate 7.9900
On July 23, 2020, the City Commission approved the millage caps, as approved by R-
20-0221.
The FY 2020-21Tentative Millage Rate was approved on September 10, 2020.
A five- year history of millage rates shows a steady overall decline:
FY 2016-17 FY 2017-18 FY 2018-19 FY 2019-20 FY
2020-21
General Operating 7.6465
7.5665 7.6665
Debt Service 0.6435
0.4235 0.3235
Total Millage Rate 8.2900
7.9900 7.9900
7.4365 7.5865
0.5935 0.4435
8.0300 8.0300
Proposed
City of Miami File ID: 7735 (Revision: A) Printed On: 1012312020
For the City Commission's reference, every tenth mill will generate approximately
$5.386 million for the City of Miami General Fund in the next fiscal year.
Florida Statute Section 200.065 governs the setting the millage rates, adoption of
budget, and the timeframes required of each. It requires that the City of Miami advise
the Property Appraiser of its proposed millage within 35 days of the July 1st certification
of value so that the information can be included in the notice of proposed property taxes
mailed to property owners in August.
The same statute governs the timeframes for the first and second budget hearings. The
first hearing must be held between 65 and 80 days of the same July 1 certification of
value, which is no earlier than September 4 and no later than September 19. The City
must then hold a second budget hearing with enough time to provide the final budget
and millage rates to the property appraiser, tax collector, and State of Florida
Department of Revenue by October 1.
Effectively, the tentative millage adopted on July 23, 2020 represents the upper limit for
the millage rates to be considered in September. The Commission may lower the
general operating millage rate at either of the two budget hearings, but effectively
cannot raise it above what is adopted in July. State law allows for this possibility, but it
cannot be practically achieved within the timeframes provided in state law. According to
the Property Appraiser's Office, this re -noticing of millage rates has not been
accomplished even once in the history of the State of Florida.
Budget Impact Analysis
Item is Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
$412,318,000 Operating and $19,367,000 Debt
Reviewed By
Office of Management and Budget Christopher M Rose
City Manager's Office
Sandra Bridgeman
City Manager's Office
Arthur Noriega V
Legislative Division
Valentin J Alvarez
Office of the City Attorney
Barnaby L. Min
Office of the City Attorney
Victoria Mendez
City Commission
Todd B. Hannon
Legislative Division
Valentin J Alvarez
Office of the City Attorney
Barnaby L. Min
Office of the City Attorney
Victoria Mendez
City Commission
Nicole Ewan
Office of the Mayor
Mayor's Office
Office of the City Clerk
City Clerk's Office
Office of the City Clerk
City Clerk's Office
Department Head Review
Completed
08/25/2020 6:11 AM
Assistant City Manager Review
Completed
08/25/2020 7:51 PM
City Manager Review
Completed
08/26/2020 4:06 PM
Legislative Division Review
Completed
08/27/2020 3:24 PM
Deputy City Attorney Review
Completed
08/27/2020 3:34 PM
Approved Form and Correctness
Completed
08/27/2020 8:39 PM
Meeting
Completed
09/10/2020 5:05 PM
Legislative Division Review
Completed
09/14/2020 2:52 PM
Deputy Attorney Review
Completed
09/14/2020 4:25 PM
Approved Form and Correctness
Completed
09/15/2020 11:36 AM
Meeting
Completed
09/24/2020 5:05 PM
Signed by the Mayor
Completed
09/25/2020 3:03 AM
Signed and Attested by the City Clerk
Completed
09/25/2020 3:06 AM
Rendered
Completed
09/25/2020 3:06 AM
City of Miami File ID: 7735 (Revision: A) Printed On: 1012312020
City of Miami City Hall
3500 Pan American Drive
Legislation Miami, FL 33133
Ordinance www.miamigov.com
Enactment Number:13925
File Number: 7735 Final Action Date: 9/24/2020
AN ORDINANCE OF THE MIAMI CITY COMMISSION RELATED TO
TAXATION, DEFINING AND DESIGNATING THE TERRITORIAL LIMITS
FOR THE CITY OF MIAMI ("CITY"); LEVYING AN AD VALOREM TAX ON
ALL REAL AND PERSONAL PROPERTY IN THE CITY AT A TOTAL
FINAL RATE OF 7.9900 MILLS ON THE DOLLAR OF THE TAXABLE
VALUE OF SUCH PROPERTY FOR THE PURPOSES OF FUNDING THE
GENERAL OPERATING BUDGET AND PAYMENT OF DEBT SERVICE
FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2020 AND ENDING
SEPTEMBER 30, 2021; CONTAINING A SEVERABILITY CLAUSE; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, for the purpose of this Ordinance, the City of Miami ("City") is defined as all
of the territory and inhabitants within the area defined in Section 2 of the Charter of the City of
Miami, Florida, as amended ("City Charter'), titled "Corporate Limits", and more specifically
described in Exhibit "A" of the City Charter and on file in the Office of the City Clerk; and
WHEREAS, Section 200.065, Florida Statutes (2020), sets forth the method of fixing a
millage rate; and
WHEREAS, on July 1, 2020, the Miami -Dade County Property Appraiser ("PA"),
pursuant to Section 200.065(1), Florida Statutes (2020), certified to the City the preliminary
taxable value within its territorial limits at $ 63,007,642,722; and
WHEREAS, the City prepared a Proposed Budget for the fiscal year ("Fiscal Year")
beginning October 1, 2020 and ending September 30, 2021 and computed a total proposed
millage rate of 7.9900, which is necessary to fund the proposed budget other than the portion of
the budget to be funded from sources other than ad valorem taxes; and
WHEREAS, the City Commission enacted Resolution No. R-20-0221 on July 23, 2020,
wherein it directed the City Manager to submit to the PA and the Miami -Dade County Tax
Collector the total proposed millage rate of 7.99000 mills together with the required information
set forth in Section 200.65(2)(b), Florida Statutes (2020); and
WHEREAS, on September 10, 2020, the City held a public hearing as required by
Section 200.065(2)(c), Florida Statutes (2020), where the City Commission adopted a total
tentative millage rate of 7.9900 mills pursuant to the first reading of this proposed Ordinance;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Ordinance are
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. There shall be levied an ad valorem tax on all real and personal property in
the City at a total final rate of 7.9900 mills on the dollar of the taxable value of such property for
City of Miami File ID: 7735 (Revision: A) Printed On: 1012312020
the Fiscal Year commencing October 1, 2020 and ending September 30, 2021 computed as
follows for the purpose of:
7.6665 mills to fund the General Operating Budget.
0.3235 mills to provide for the payment of maturing principal, interest, charges,
and requirements related thereto of voter approved indebtedness.
Section 3. The final millage rate herein adopted for the purpose of funding the General
Operating Budget is 4.15 percent greater than the rolled -back rate of 7.3608 mills.
Section 4. If any section, part of a section, paragraph, clause, phrase, or word of this
Ordinance is declared invalid, the remaining provisions of the Ordinance shall not be affected.
Section 5. This Ordinance shall be effective as of October 1, 2020 after final reading
and adoption thereof.'
APPROVED AS TO FORM AND CORRECTNESS:
1 1
i t6ria i nd- e [y Nttor iey 8/27/2020 i ria i , ndez, Cify Attor iey 911512020
' This Ordinance shall become effective as specified herein unless vetoed by the Mayor within ten (10)
days from the date it was passed and adopted. If the Mayor vetoes this Ordinance, it shall become
effective immediately upon override of the veto by the City Commission or upon the effective date stated
herein. whichever is later.
City of Miami File ID: 7735 (Revision: A) Printed On: 1012312020