HomeMy WebLinkAboutO-11089J-93-635
8/26/93
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ORDINANCE NO.
AN ORDINANCE DEFINING AND DESIGNATING THE
TERRITORIAL LIMITS FOR THE CITY OF MIAMI FOR
THE PURPOSE OF TAXATION; FIXING THE MILLAGE
AND LEVYING TAXES IN THE CITY OF MIAMI,
FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1993 AND ENDING SEPTEMBER 30,
1994; CONTAINING A SEVERABILITY CLAUSE.
WHEREAS, the Dade County Property appraiser estimates that
the non-exempt valuation of taxable property, both real and
personal in the City of Miami, Florida, for the fiscal year
beginning October 1, 1993 and ending September 30, 1994 is
$10,479,051,560; and
WHEREAS, at an election held September 2, 1915 the City of
Miami did annex certain territory unincorporated at the time of
such election and did annex certain other territory incorporated
at the time of such election; and
WHEREAS, from time to time other territory has been included
in the corporate limits for the City of Miami by legislative
acts;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
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Section 1. For the purpose of this Ordinance, the "City of
Miami" is defined to be, includes and designates the City of
Miami as it now exists with its extended territorial limits as
set forth in the paragraphs prefatory hereto.
Section 2. There shall be and hereby are levied upon the
non-exempt assessed value of all property, both real and
personal, in the City of Miami as described in Section 1 hereof,
taxes at the rate reflected below for the fiscal year beginning
October 1, 1993 and ending September 30, 1994 for the following
purposes:
(a) A tax of 9.5995 mills on the dollar for the General
Fund.
(b) A tax of 2.2126 mills on the dollar to provide for the
payment of maturing principal and interest, and charges
and requirements related thereto of indebtedness
incurred subsequent to the adoption of the Homestead
Exemption Amendment to the Constitution of the State of
Florida, and subject to the terms thereof.
Section 3. This proposed millage rate herein adopted is
below the "rolled back" rate by 0.5%.
Section 4. If any section, part of this section, paragraph,
clause, phrase or word of this Ordinance is declared invalid, the
remaining provisions of this Ordinance shall not be affected.
Section 4. This Ordinance shall become effective thirty (30)
days after final reading and adoption thereof.
PASSED ON FIRST READING BY TITLE ONLY this 7th day of
September , 1993.
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2
PASSED AND ADOPTED ON SECOND AND FINAL READING IN ITS ENTIRETY
this 27th
September , 199
RAW IER L.
WE
CITY CLERK
day of
BUDGETARY REVIEW:
/Al
MANOHAR S RANA, ASSISTANT CITY MANAGER
DEPARTMEN Y F MANAGEMENT AND BUDGET
PREPARED AND APPROVED BY:
Fd!MAEL 0. DIAKTORNEY
DEPUTY CITY
APPROVED AS TO FORM AND CORRECTNESS:
A. QU N J S III
CITY ATTO
UAREZ, MAYOR
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CITY OF MIAMI, FLORIDA ,`°"
42
INTER -OFFICE MEMORANDUM
TD : Honorable Mayor and Members DATE : FILE
of the City Commission AUG 2 61993
SUEUECT : Fiscal Year 1993-94
Millage Ordinance
FROM Ces io REFERENCES:
City ger
ENCLOSURES:
Recommendation:
It is respectfully recommended that the City Commission adopt the
attached ordinance establishing tentative millage rates for the
Fiscal Year ending September 30, 1994.
General Operating Budget 9.5995
Debt Service 2.2126
Total Millage 11.8�121
Backaround:
The City Commission at its July 22, 1993 Commission Meeting
adopted a Resolution establishing proposed FY194 millage rates
for the City of Miami.
The proposed FY'94 millage rates for the City of Miami (General
6perating and Debt Service) are outlined below:
General Operating
The proposed FY194 millage rate for the City of Miami is 9.5995
which is the same rate as the current fiscal year. This proposed
rate is 0.5 percent below the rolled back rate.
Debt Service
The proposed FY'94 millage rate for Debt Service for the City of
Miami is 2.2126 which is .1182 mills below the current fiscal
year.
c/� I
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