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RESOLUTION NO. 8 0- 5 9 5
A RESOLUTION AUTHORIZING THE CITY MANAGER
TO ESTABLISH A PROPOSED MILLAGE RATE FOR
THE CITY OF MIAMI, FLORIDA, FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1980 AND ENDING
SEPTEMBER 30, 1981.
WHEREAS, the State Legislature has enacted a new law, HB-4D,
entitled Truth in Millage (TRIM Bill), which requires municipalities
to establish a proposed millage rate; and
WHEREAS, said law, adopted June 30, 1980, stipulates that the
proposed millage rate be submitted to the Property Appraiser; and
WHEREAS, said rate will reflect the levy necessary to realize
property tax revenues anticipated in the FY 1981 Budget; and
WHEREAS, the TRIM Bill requires that proposed tax rates be
included on tax notices; and
WHEREAS, the proposed millage rate submitted to the Property
Appraiser is not binding but is necessary for the purpose of pre-
paration of tax notices.
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The City Manager is hereby authorized to establish
a proposed millage rate of 3.956 for the City of
Miami, Florida for the Fiscal Year beginning October 1, 1980 and
ending September 30, 1981.
Section 2. The City Manager is further authorized to submit
said proposed millage rate to the Property Appraiser.
PASSED AND ADOPTED THIS 24th day of July , 1980.
A SIT:
MAURICE A. FERRE
MAURICE A. FERRE, MAYOR
PREPARED AND APPROVED BY:
LPH G. ONGIE, CITY CLER
APP I31D AS RM AND COgFffiMffE-NT INDEX.
ITEM NO. 3 5 aTY COMMISSION
G 7fF. KNOX, . , CITY ATTORNEY MEETING OF
"SUPPORTIVE JUL? 4 1980
�- DOCUMENTS MKUTIN ft 8. ° '- 5
"
FOLLOW'�"�"
Or
:itv Of MIAMI• F,ORIUA
INTER -OFFICE MEM0RAr40UM
Joseph R. Grassie July 18, 1980 riLE
City Manager
.�,.: Resolution - Authorizing the
City Manager to establish a
proposed millage rate
Manohar S. 4ur , Acting Director
Department tf sari gement and Budget
It is recommended that the City Commission
authorize the City Manager to establish and
submit to the Dade County Property Appraiser's
Office a proposed millage rate for the City
of Miami for Fiscal Year 1981.
The State Legislature enacted a new law relating to ad valorem
taxes on June 30, 1980. This new law is entitled Truth in Millage
(TRIM Bill) and contains requirements that must be met for the
development of the FY '81 Budget.
According to the TRIM Bill, the City must determine a proposed
millage rate and submit it to the Property Appraiser. This pro-
posed millage rate will reflect the levy necessary to realize property
tax revenues anticipated in the FY 1981 Budget. The rate is not bind-
ing on the City, but must be submitted to the Property Appraiser for
• the purpose of preparing tax notices.
It is suggested that the attached resolution be placed on the July 24,
1980, City Commission Agenda.
80-595