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ORDINANCE NO 0149
.
AN ORDINANCE DEFINING AND DESIGNATING THE
TERRITORIAL LIMITS OF THE CITY OF MIAMI FOR
Tilt PURPOSE OF TAXATION; 'FIXING THE WLLAGE
AND LEVYING TAXES IN THE CITY OF HIAMI,
FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 19860 AND ENDING SEPTEMBER 30,
1987; CONTAINING A SEVERADILITY CLAUSE:
WHEREAS, the City of tli ami estimates that the nonexempt valuation
of taxable property, both real and personal in the City of Miami,
Florida, for the year beginning October 1, 1986, and ending
September 80, 1987 is $9,589,897,608 and
WHEREAS, at an election held September 2, 1925, 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 the time to time other territory has been
included in the corporate limits of the City of Miami by
legislative acts;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF MIAMI,
FLORIDA:
n
Section 1. For the purpose of this ordinance the "City
i
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 nonexempt assessed value of all property, both real and
personal , i n the Ci ty of Mi ami as described in Section 1 hereof,
taxes at the rate shown below for the fiscal year beginning
October 1, 1986, and ending September 30, 1987, for the following
purposes;
(a)' A tax of 9,8400 mills on the dollar for the
General Fund.
('b) A tax of 2.4512 mills on the dollar to
provide for the payment of maturing
principal and interest, and charges and
requirements related thereto, of indebtness
incurred subsequent to the adoption of the
Homestead Exemption Amendment to the
Constitution of the State of Florida, and
subject to the terms thereof,
J-8C_'79`7
ORDINANCE NOtt
AN ORDINANCE DEFINING AND DESIGNATING THE
TERRITORIAL LIMITS OF THE CITY OF MIAMI FOR
THE PURPOSE OF TAXATION; FIXING THE MILLAGE
AND LEVYINO TAXES IN THE CITY OF h1IAMI,
FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1986, AND ENDING SEPTEMBER 30,
1987; CONTAINING A SEVERA81LITY CLAUSE:
WHEREAS, the City of t1iami estimates that the nonexempt valuation
of taxable property, both real and personal i n the Ci ty of Mi ami
Florida, for the year beginning October 1, 1986, and ending
September 30, 1987 is $9,589,897,608 and
WHEREAS, at an election held September 2, 1925, 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 the time to time other territory has been
included in the corporate limits of the City of Miami by
legislative acts;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF MIAMI,
FLORIDA:
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 nonexempt assessed value of all property, both real and
personal, in the. City of Miami as described in Section 1 hereof,
taxes at the rate shown below for the fiscalyear beginning
October 1, 1986, and ending September 30, 1987, for the following
purposes;
(a) A tax of 9,8400 mills on the dollar for the
General Fund,
(b) A tax of 2.4512 mills on the dollar to
provide for the payment of maturing
principal and interest, and charges and
requirements related thereto, of indebtness
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 mi11age rate herein adopted
by the governi ng body exceeds the "rol 1-back" rate by 1,3%. Thi a
rate is determined by calculating the percentage increase between
the FY'86 rolled back revenue and the FY'81 estimated revenue for
the City of Mi ami .
Section 4. If any section, part of section, paragraph,
clause, phrase, or word of this ordinance shall be held to be
unconstitutional or void, the remaining provisions of this
ordinance shall nevertheless, remain in full force and effect.
PASSED ON FIRST READING BY TITLE ONLY thi s l lth day of
September, 1986.
PASSED AND ADOPTED ON SECOND AND FINAL READING BY TITLE
only this 25th day of September 1986.
avier L. SuarW
MAYOR
f:
ATTEIST
MAT
CITY CLERK
BUDGETARY REVIEW:
DEPARTMENT OF
LEGAL REVIEW:
CHIEF DEPUTY CITY ATTORNEY
GET
APPROVED ,& TO FORM AND CORRECTNESS:
CIK ATTORNEY
1, Natty Hirai, Clerk of the City of Miami. F1
hereby certify that on the
A. 0. 19V(�'si full. true and correct copy of the above
Find foregoing ordinance was pasted at the South Door
of the Dude County C:iurt Hvuse at the phice provided
for notices and p► ibli uli.)ns by attaching s,iid copy to
the price provident therefor.
Wi'rNESS m,- hand andthe official seal of said .
City thislift-day of _ . D. 19S4
( :il;, C:lrrk
[�Jti
Cite' CX MIAMI. PLORIIDA
INT914Kric(E MEMORANDUM
,,—
,a. Honorable Mayor and bi ; Un7F
Members of the City CommSeptember 8th, 1586 AFL Sl`
���;,'off:
suerECT Fiscal Year 190647
Millage Ordinance
FROM;Cesar H. Odi o
`y City Manager
F'NCLbi ,uRrs
it is recommended that the City Commission adopt tentative
mi llage rates for the Fiscal Year ending September 30, 1987,
based on the attached Ordinance.
General Operating Budget 9.8400
Debt Service 2.4512
Total Millage 12.2912
The City Commission at its July 24, 1986 Commission Meeting
adopted Resolution No. 86-648 establishing proposed FY'87 millage
rates for the Ci ty of Mi ami .
The proposed FY' 87 mi 11age rates for the Ci ty of Mi ami (General
Operating and Debt Service) as compared to FY'86 rates are
outlined below:
FY'86 FY'87 DIFF. %CHANGE
General 'Operating 9.8571 9.8400 (.017)' (.17)
Debt Service 2.0520 2.4512 .3992 19
Total Millage 11.9091 12.2912 .3821 3.2
The mi 1 l age rate for the general operating budget will be lower
than'FY'86 by (.0171), as a result of cost containment efforts
initiated during FY'86 and increased revenue in licenses and
permi ts, uti 1 i ty servi ce taxes (i . e. Southern Bel 1) whi ch offset
the additional cost of government for FY'87.
The milla9 a rate for Debt Service for
FY'87 will increase as a
_ result of a decrease in' available fund balance revenue, interest
and assessment lien revenue as.well as additional requirements
for principal, interest and operating expenses.
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