HomeMy WebLinkAboutR-97-0474a
J-97-464
7/9/97
RESOLUTION NO. 9 7 - 474
A RESOLUTION COMPUTING A PROPOSED MILLAGE
RATE FOR THE CITY OF MIAMI, FLORIDA, FOR
FISCAL YEAR BEGINNING OCTOBER 1, 1997 AND
ENDING SEPTEMBER 30, 1998; 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;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
CITY COM USSION
MEETING OF
J RL 1 0 1997
Resolution No.
9'7- 474
r
Section 1. A proposed millage rate for the City of
Miami, Florida, for Fiscal Year beginning October 1, 1997 and
ending September 30, 1998, is hereby computed as follows:
General Operating 9,599.9
Debt Service 1,9200
Total Millage Rate 11 5195
Section 2. 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 11, 1997 at 5:05 P.M. and September 25, 1997 at
5:05 P.M. in the Commission Chambers at City Hall, 3500 Pan
American Drive, Dinner Key, Miami, Florida.
Section 3. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this loth day of July 1997.
r
JOE OLLO, MAYOR
E T:
ALTER J. OEMAN
CITY CLERK
- 2 - 97- 474
- - 97- 474
CITY OF MIAMI, FLORIDA
%PAC
INTER -OFFICE MEMORANDUM
,f
TO: Honorable Mayor and Members DATE: JUL _ 1997 FILE:
of the City Commission
SUBJECT: Proposed Millage Rates
for FY'98
1 �
FROM: Edward a e Z REFERENCES:
City Mana ENCLOSURES:
Recommendation:
It is recommended that the City Commission approve the Fiscal Year
1997-98 proposed millage rates for the City of Miami and establish
meeting dates and times for the first and second public hearings
on the 1997-98 Budget.
Sa . -gro_ and :
The proposed FY198 operating and Debt Service millage rates for
the City of Miami are as follows:
General Operating 9.5995
Debt Service 1.9200
Total Millage Rate
The above total rate is lower than the FY'97 rates by 0.1860
mills.
Piihl i r. ari ng Datps
Recommended Public Hearing dates for the FY'98 Budget are as
follows:
T?es .ri n _ion n a tf: Dxxy-
1st Public Hearing September 11, 1997 Thursday
2nd Public Hearing September 25, 1997 Thursday
V
a
Time
5:05 P.M.
5:05 p.m.