HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
Second Reading Ordinance
91 Ca 13NE'AiVA16Z1
Date: 08/01 /2022
Commission Meeting Date: 09/22/2022
Type: Ordinance
Subject: Adopt Millage FY'23 - 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, 2023 (FY 2022-
23) at:
General Operating 7.5539
Debt Service 0.3235
Total Millage Rate 7.8774
Background of Item:
The City of Miami FY 2022-23 Proposed Operating Budget, as presented on July 26, 2022,
contains the following recommended millage rates:
General Operating 7.5539
Debt Service 0.3235
Total Millage Rate 7.8774
On July 28, 2022, the City Commission approved the millage caps and set the Budget Hearing
dates, as approved by R-22-0286.
A five- year history of millage rates is shown below:
FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23
Proposed
General Operating
7.5865
7.5665
7.6665
7.6665
7.5539
Debt Service
0.4435
0.4235
0.3235
0.3235
0.3235
Total Millage Rate
8.0300
7.9900
7.9900
7.9900
7.8774
For the City Commission's reference, every tenth mill will generate approximately $6.265 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 1 st certification of value so that the information
can be included in the notice of proposed property taxes mailed to property owners in August.
Furthermore, the first hearing should be held on the proposed millage rate and tentative budget
City of Miami File ID: 12394 (Revision: A) Printed On: 101512022
within 65 — 80 days (September 3 — 18), and the final hearing within 97 — 100 days of the July
1 st Certification.
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 3 and no later than September 18. 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.
The City of Miami proposed to set the first budget hearing for September 10, 2022 and the
second budget hearing on September 22, 2022. Miami- Dade County is scheduled to present
their budget hearings on September 8, 2022 and September 20, 2022. The School Board
Budget Meeting is scheduled for September 7, 2022.
Effectively, the tentative millage adopted on July 28, 2022 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:
General Fund $473.00 Million, Debt Service (GOB) $22.67 Million
Reviewed By
Office of Management and Budget
Marie Gouin
Department Head Review
Completed
08/05/2022 2:07 PM
City Manager's Office
Larry M. Spring
Assistant City Manager Review
Completed
08/09/2022 9:11 AM
City Manager's Office
Arthur Noriega V
City Manager Review
Completed
08/09/2022 12:00 PM
Legislative Division
Marta Gomez
Legislative Division Review
Completed
08/09/2022 12:51 PM
Office of the City Attorney
Richard Appleton
ACA Review
Completed
08/29/2022 11:19 AM
Office of the City Attorney
Victoria Mendez
Approved Form and Correctness
Completed
08/29/2022 11:04 PM
City Commission
Todd B. Hannon
Meeting
Completed
09/10/2022 10:00 AM
Legislative Division
Valentin J Alvarez
Legislative Division Review
Completed
09/12/2022 2:36 PM
Office of the City Attorney
Richard Appleton
ACA Review
Completed
09/12/2022 5:56 PM
Office of the City Attorney
Victoria Mendez
Approved Form and Correctness
Completed
09/13/2022 9:48 AM
City Commission
Nicole Ewan
Meeting
Completed
09/22/2022 5:05 PM
Office of the Mayor
Mayor's Office
Signed by the Mayor
Completed
09/23/2022 2:18 PM
Office of the City Clerk
City Clerk's Office
Signed and Attested by the City Clerk
Completed
09/23/2022 2:23 PM
Office of the City Clerk
City Clerk's Office
Rendered
Completed
09/23/2022 2:23 PM
City of Miami File ID: 12394 (Revision: A) Printed On: 101512022
City of Miami City Hall
3500 Pan American Drive
Legislation Miami, FL 33133
Ordinance www.miamigov.com
Enactment Number:14108
File Number: 12394 Final Action Date: 9/22/2022
AN ORDINANCE OF THE MIAMI CITY COMMISSION RELATED TO
TAXING, 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 7.8774 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, 2022 AND ENDING
SEPTEMBER 30, 2023; 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 (2022), sets forth the method of fixing a
millage rate; and
WHEREAS, on July 1, 2022, the Miami -Dade County Property Appraiser ("PA"),
pursuant to Section 200.065(1), Florida Statutes (2022), certified to the City the preliminary
taxable value within its territorial limits, at $73,749,481,211; and
WHEREAS, the City prepared a tentative budget for the fiscal year ("Fiscal Year")
beginning October 1, 2022, and ending September 30, 2023, and computed a total proposed
millage rate of 7.8774 which is necessary to fund the tentative budget other than the portion of
the budget to be funded from sources other than ad valorem taxes; and
WHEREAS, the Miami City Commission enacted Resolution No. 22-0286, wherein it
directed the City Manager to submit to the PA and Miami -Dade County Tax Collector the total
proposed millage rate of 7.8774 mills, together with the required information set forth in Section
200.65(2)(b), Florida Statutes (2022); and
WHEREAS, Section 200.065(5)(a)(1), Florida Statutes (2022), requires that the now final
millage rate of 7.8774 mills would further require, at the time of this second budget hearing, a
two-thirds vote of the City Commission on the final determination to adopt such millage rate; and
WHEREAS, Section 200.065(2)(c), Florida Statutes (2022), requires the City
Commission to hold a public hearing on the proposed millage rate and tentative budget, which
has occurred;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
City of Miami File ID: 12394 (Revision: A) Printed On: 101512022
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 7.8774 mills on the dollar of the taxable value of such property for
the Fiscal Year commencing October 1, 2022 and ending September 30, 2023, computed as
follows for the purpose of:
7.5539 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 9.91 percent greater than the rolled -back rate of 6.8725 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, 2022, after final reading
and adoption thereof.'
APPROVED AS TO FORM AND CORRECTNESS:
1 1
i ria i "ndez, ity ttor ey 8/29/2022 i ria i ndez, ity Httor iey 9/1312022
' 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: 12394 (Revision: A) Printed On: 101512022