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HomeMy WebLinkAboutR-96-0562s J-95-655 7/17/95 RESOLUTION NO. 96 5 62 A RESOLUTION COMPUTING A PROPOSED MILLAGE RATE FOR THE CITY OF MIAMI, FLORIDA, FOR FISCAL YEAR BEGINNING OCTOBER 1, 1996 AND ENDING SEPTEMBER 30, 1997; INSTRUCTING 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 THE 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 COMMISSION MEETING OF, .1 U L 2 5 1996 Resolution No. 96- 562 Section 1. A proposed millage rate for the City of Miami, Florida, for Fiscal Year beginning October 1, 1996 and ending September 30, 1997, is hereby computed as follows: General Operating 9.5995 Debt Service 2.1060 Total Millage Rate 11.7055 Section 2. The City Manager is hereby instructed 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 12, 1995 at 5:05 P.M. and September 26, 1995 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 25th ATTEST: WALTER EMAN CITY CLERK - 2 - day of July 1996. Q, - e �f �. J,09CAROLLO, MAYOR 96- 5� BUDGETARY REVIEW AND APPROVAL: OHAR S A, ASSISTANT CITY MANAGER PREPARED AND APPROVED BY: AEL 0. DIAZ D PUTY CITY ATT RNEY APPROVED AS TO /FORM AND CORRECTNESS: W998:BSS 96- 56 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM 41 TO: Honorable Mayor and Members DATE : FILE of the City Commission 1 ` ;C__ SUBJECT: Proposed Millage Rates for FY'97 FROM: Ce s i O REFERENCES: City ger ENCLOSURES: g ..omm _nda i on : It is recommended that the City Commission approve the Fiscal Year 1996-97 proposed millage rates for the City of Miami and establish meeting dates and times for the first and second public hearings on the 1996-97 Budget. gs ckgro in The proposed FY197 operating and Debt Service millage rates for the City of Miami are as follows: General Operating 9.5995 Debt Service 2,1060 Total Millage Rate The above rates are the same as the FY'96 rates. Puhl i _ Hearing Dates Recommended Public Hearing dates for the FY'97 Budget are as follows: ])Pscri i on Date Da-Y Ti me 1st Public Hearing September 12, 1996 Thursday 5:05 p.m. 2nd Public Hearing September 26, 1996 Thursday 5:05 P.M.