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HomeMy WebLinkAboutR-98-0806J-98-836 8/3/98 RESOLUTION NO. 9 8 V 6 A RESOLUTION RESCINDING, IN ITS ENTIRETY, RESOLUTION NO. 98-791, ADOPTED JULY 21, 1998, AND SUBSTITUTING IN LIEU THEREOF THE HEREIN RESOLUTION; COMPUTING A PROPOSED MILLAGE RATE FOR THE CITY OF MIAMI, FLORIDA, FOR FISCAL YEAR BEGINNING OCTOBER 1, 1998 AND ENDING SEPTEMBER 30, 1999; DIRECTING THE CITY MANAGER TO SUBMIT SAID PROPOSED MILLAGE RATE TO THE 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 CITY'S TENTATIVE BUDGET FOR SAID FISCAL YEAR. WHEREAS, the State Legislature has enacted HB-4D, entitled "Truth in Millage" (Trim Bill), which requires municipalities to compute a proposed millage rate; and WHEREAS, said law stipulates that said proposed millage rate be submitted to the Property Appraiser and the Tax Collector; and WHEREAS, said rate will reflect the levy necessary to fund the City's tentative budget other than the portion of the budget to be funded from sources other than ad valorem taxes; and WHEREAS, the proposed millage rate submitted to the Property Appraiser is not binding but is necessary for the purpose of preparation of tax notices; and WHEREAS, the City Commission desires to modify the millage CITY C anwszQN ME8 nm or, AU 0 3 W8 Rezolurion No. 9 806 rate set forth in Resolution No. 98-791, adopted July 21, 1998; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. Resolution No. 98-791, adopted July 21, 1998, is hereby rescinded, in its entirety, and the herein Resolution is hereby substituted in lieu thereof. Section 2. A proposed millage rate for the City of Miami, Florida, for Fiscal Year beginning October 1, 1998 and ending September 30, 1999, is hereby computed as follows: General Operating 10.000 Debt Service 1_7900 Total Millage Rate 11.7900 Section 3. The City Manager is hereby directed to submit forthwith said proposed millage rate for the City of Miami to the Property 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 8, 1998 at 5:05 P.M. and September 22, 1998 at 5:05 P.M. in the Commission Chambers at City Hall, 3500 Pan American Drive, Dinner Key, Miami, Florida. Section 4. This Resolution shall become effective 2 - 08- 806 immediately upon its adoption and signature of the Mayor.1/ PASSED AND ADOPTED this 3rd ATTEST: TER O CITY CLERK / APPRDVED TOO�AND CORRECTNESS TTORNEY W2819:BSS day of August E CAROLLO, MAYOR 1998. '- 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. 3 - Q Q (� 98 — 8ill6 Mayor's Budget Advisory Committee July 31, 1998 The Honorable Joe Carollo Mayor, City of Miami 3500 Pan American Drive Miami, Florida 33133 Re: Special Meeting of the City Commission regarding the Millage rate Dear Mr. Mayor: At the meeting of the Budget Advisory Committee on July 31, 1998, the full committee, recommended by unanimous vote, that a special meeting of the City Commission be convened in order to set the City's preliminary millage rate at the 10 mill rate. The truth in millage rate statute requires that the preliminary millage rate be adopted on or before August 4, 1998. This recommendation was made with the understanding that upon the adoption of other enhanced revenue and/or cost cutting measures, the final , adopted millage rate,soulcLl�e lowered by the City Commission at its public hearing in September. phis=action is be recommended in order to maintain all available options of addressing tht` City BW et. R. Ra3'Goode, Chairman Budget Advisory Committee c: Members of the City Commission Donald H. Warshaw, City Manager Alejandro Vilarello, City Attorney Walter J. Foeman, City Clerk Members of the Budget Advisory Committee