HomeMy WebLinkAboutR-94-0577J-94-592
7/13/94
RESOLUTION NO. 9 A -. 577
A RESOLUTION COMPUTING A PROPOSED MILLAGE
RATE FOR THE CITY OF MIAMI, FLORIDA, FOR
FISCAL YEAR BEGINNING OCTOBER 1, 1994 AND
ENDING SEPTEMBER 30, 1995; 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 PUBLIC HEARINGS 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
All. �r 111914
Resolution No,
94- 577
Section 1. A proposed millage rate for the City of
Miami, Florida, for Fiscal Year beginning October 1, 1994 and
ending September 30, 1995 is hereby computed as follows:
General Operating
Debt Service
Total Millage Rate
9.5995
2.1060
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, times and place at which the City Commission will hold
public hearings to consider the proposed millage rate and the
City's tentative budget for said Fiscal Year, as follows:
September 8, 1994 at 5:05 P.M., and September 22, 1994 at
5:05 P.M., in the City 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 26th day of July , 1994.
STEWHEN P. CLA K, MAYOR
ATTE
MATTY HIRAI, CITY CLERK
a
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CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Honorable Mayor and Members DATE JUL 9 mn/ FILE
of the City Commission
SUBJECT : proposed Millage Rates
for FY'95
FROM: Cesar REFERENCES
City40
ENCLOSURES:
Recommendation:
It is recommended that the City Commission approve the Fiscal Year
1994-95 proposed millage rates for the City of Miami and esta!:�lish
meeting dates and times for the first and second public hearinc:,;:: on
the 1994-95 Budget.
Background:
The proposed FY195 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 11.7055
Public Hearing Dates
Recommended Public
Hearing dates
for the FY195
Budget are as
follows:
Description
Date
DY
Time
1st Public Hearing
September 8,
1994 Thursday
5:05 p.m.
2nd Public Hearing
September 22,
1994 Thursday
5:05 P.M.
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94- 577
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