HomeMy WebLinkAboutR-93-0476J-93-524
7/12/93
RESOLUTION NO.
A RESOLUTION COMPUTING A PROPOSED MILLAGE
RATE FOR THE CITY OF MIAMI, FLORIDA, FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 1993 AND
ENDING SEPTEMBER 30, 1994; 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:
Section 1. A proposed millage rate for the City of
Miami, Florida, for the fiscal year beginning October 1, 1993 and
CITY cONI1VITSSION
MEETING OF
J U L 2 2 1993
Reaoluflon No,
93- 476
ending September 30, 1994 is hereby computed as follows:
General Operating 9.5995
Debt Service 2.2126
Total Millage Rate 11.8121
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 .7,. 1993 at 5:05 p.m. in the Commission Chambers at
City Hall, 3500 Pan American Drive, Dinner Key, Miami, Florida.
Section 3. This Reso..111tion shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 22nd
ATTE
LI-,
MATTY HIRAI
CITY CLERK
BUDGETARY REVIEW AND APPROVAL:
DEPARTMENT OF
APPROVED AS
ASSIS
CITY
FORM AND CORRECTNESS:
-2-
PREPARED AND APPROVED BY:
RA AEL 0. DIAZ
DEPUTY CITY ATTO NEY
93- 476
2
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO : Honorable Mayor and Members DATE JUL �(�� t FILE
of the City Commission a .J
SUBJECT : Proposed Millage Rates
for FY'94
FROM : REFERENCES:
Ces dio
Cit nager ENCLOSURES:
Recommendation:
It is recommended that the City Commission approve the fiscal year
1993-94 proposed millage rates for the City of Miami and establish
meeting dates and times for the first and second public hearing.
Background:
The proposed FY'94 operating and Debt Service millage rates for the
City of Miami are 9.5995 and 2.2126.
Public Hearing Dates
Recommended Public Hearing dates for the FY'94 Budget are as
follows:
Description
Date
Day Time
1st Public Hearing September 7, 1993 Friday 5:05 p.m.
2nd Public Hearing September 21, 1993 Thursday 5:05 p.m.
C� 93- 476