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HomeMy WebLinkAboutR-02-0898J-02-665 7/25/02 -' 898 RESOLUTION NO. 0 2 VBG A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED MILLAGE RATE FOR THE CITY OF MIAMI, FLORIDA, FOR FISCAL YEAR BEGINNING OCTOBER 1, 2002 AND ENDING SEPTEMBER 30, 2003; DIRECTING THE CITY MANAGER TO SUBMIT SAID PROPOSED MILLAGE RATE TO THE MIAMI-DADE COUNTY PROPERTY APPRAISER AND THE TAX COLLECTOR, TOGETHER WITH THE DATE, TIME AND PLACE OF THE PUBLIC HEARING AT WHICH THE CITY COMMISSION WILL CONSIDER THE PROPOSED MILLAGE RATE AND THE CITY'S TENTATIVE BUDGET FOR SAID FISCAL YEAR. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. A proposed millage rate for the City of Miami, Florida, for Fiscal Year beginning October 1, 2002 and ending September 30, 2003, is computed as follows: General Operating 8.895 Debt Service 1.218 Total Millage Rate 10.113 Section 2. Pursuant to Section 200.065(2)(d), Florida Statutes, the proposed general operating millage rate is 8.5 percent above the roll -back rate. Section . The City Manager is directed to submit said proposed millage rate for the City of Miami to the Property CITY NX J 111- 2 5 2002 02- 898 Appraiser and to the Tax Collector, together with the date, time and place at which the City Commission will hold a public hearing to consider the proposed millage rate and the City,s tentative budget for said fiscal year as follows: September 11, 2002 at 5:05 P.M. at the Manuel Artime Center, 900 Southwest lst Street, Miami, Florida, and September 26, 2002 at 5:05 P.M. in the Commission Chambers at Miami City Hall, 3500 Pan American Drive, Miami, Florida. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.11 PASSED AND ADOPTED this 25th day of July 2002. MANUEL A. DIAZ, OR ATTEST: PRIS4ILLA �A.�THOMPSON, CITY CLERK APPROVEl}'r-�,�A.0 FQM AND CORRECTNESS: O VILARELLO CIT ATTORNEY W6427:tr:LB:BSS 1� If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. Page 2 of 2 02-- S-98 TO CITY OF MIAMI, FLORIDA 27 INTER -OFFICE MEMORANDUM Honorable Mayor and Members of the City Commission FRO ar os . i nez City Manager RECOMMENDATION DATE: FILE: June 26, 2002 SUBJECT: Computing a Proposed Millage Rate REFERENCES: ENCLOSURES: It is respectfully recommended that the City Commission approve the attached resolution computing a proposed millage rate for the City of Miami in the Fiscal Year beginning October 1, 2002 and ending September 30, 2003, and instructing the City Manager to submit said proposed millage rate along with the date, time and place of the budget hearing to the Miami -Dade County Property Tax Appraiser and the Tax Collector. General Operating 8.995 Debt Service 1.218 Total Millage Rate 10.213 BACKGROUND According to the Sate of Florida's TRIM (Truth in Millage) law municipalities have to compute a proposed millage rate and submit said rate to the Property Appraiser and the Tax Collector together with the date, time and place of the public hearing at which the City Commission will consider said proposed millage rate and tentative budget for said fiscal year. CG/MP/md 0 898