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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #14476 Date: 08/16/2023 Commission Meeting Date: 09/09/2023 Requesting Department: Office of Management and Budget Sponsored By: District Impacted: All Type: Discussion Item Subject: Discussion - Public Comment - Proposed Millage & Tentative Budget FY'24 Purpose of Item: To allow discussion and public comment on the Proposed FY 2023-24 Millage Rate, Tentative Budget, and all other Budget items on the agenda. Background of Item: The Proposed General Operating Millage rate of 7.5539 for the City of Miami for the Fiscal Year beginning October 1, 2023 and ending September 30, 2024 is 14.36 percent greater than the State Defined Rolled -Back Rate of 6.6055 mills. The FY 2023- 24 Proposed Operating and Capital Budgets were provided to the Elected Officials, posted on the City's website, and filed with the Office of the City Clerk on July 27, 2023.. Budget Impact Analysis Item is Related to Revenue Item is an Expenditure Total Fiscal Impact: Total Fiscal Impact: $ 1,638,660,000, General Account No: Various Special Revenue Account No: Various Office of Management and Budget City Manager's Office Legislative Division City Manager's Office Office of the City Attorney City Commission Marie Gouin Larry M. Spring Carolina Aguila Arthur Noriega V Carolina Aguila Maricarmen Lopez Reviewed B Department Head Review Assistant City Manager Review Legislative Division Review City Manager Review Approved Form and Correctness Meeting Completed Completed Skipped Completed Skipped Completed 08/22/2023 9:59 AM 08/24/2023 10:42 AM 08/24/2023 10:47 AM 08/24/2023 3:59 PM 08/24/2023 10:47 AM 09/09/2023 10:00 AM