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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 -2- 94— 577 t. { 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. CHO:gmb:P132 if] 94- 577 3 9��