HomeMy WebLinkAboutR-91-0569VkK ,-- a . - . _..-----. .
J-91-628
7/25/91
RESOLUTION NO. 91 ` 569
A RESOLUTION COMPUTING A PROPOSED MILLAGE
RATE FOR THE CITY OF MIAMI, FLORIDA, FOR THE
FISCAL YEAR BEGINNING OCTOBER 11 1991 AND
ENDING SEPTEMBER 30, 1992; 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
Miami, Florida, for the fiscal year beginning October 1, 1991 andFA
'
ending September 30, 1992 is hereby computed as follows:
General Operating
Debt Service
Total Millage Rate
9.5995
2.3308
10.9303
Yii
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 followst
a
September 11, 1991 at St05 P.M. in the Commission Chambers at
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City Hall, 3500 Pan American Drive, Dinner Key, Miami, Florida. r
Section 3. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 25th day of
4ATTE •
MATT HIRAI
CITY CLERK
BUDGETARY REVIEW AND APPROVAL:
RECTOR
DEPARTMENT Oik\VUDGET
APPROVED AS TO FORM AND CORRECTNESS:
M
BSS:gmb:M2395
XAVIER L. IS
, 1991.
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-YUL.- i S -91 T HU 1 b e 0 T
DEPT. OF SUDiGET
C17Y OF MIAMI. FLOROA
INTEROFFICE MEMORANDUM
TO: Honorable Mayor and Members WrE : JUL
) 81991
of the City Commission
BMW: Proposed Millage Rates for
FY 192
FPO'*. Cesar H. Odi FERERENC!! '
city Manager
'1
INCLOSVRES
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1
ftC32xmendat i on
It:is recommended that the city commission approve the.fiscal year
1991-92 proposed-millage,rates for the City of Miami and establish
meeting dates and times for the first and second public hearing:'
$ankU round
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The proposed FY 1 92 millage rate for; the City of Miami i8 10'_ rlills�.
This proposed rate is 6.14 percent over the rolled bock rate.
Ql1i1 garvice
The roposed FY+92 millage rate for Debt'Service for the City of
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Miami is 2.3308.
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Heer�nsi
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�tl,i� natee
Recommended Public Hearing dates for the FY192 Budget are as
follows:
Net Public Hearing September 12, 1991 Thursday 505 pm
2nd Public Hearing September 26, 1991 Thursday 5:05 pm_
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