HomeMy WebLinkAboutExhibit ABUDGET SUMMARY
The Downtown Development Authority of the City of Miami, Florida
Fiscal Year 2023-2024
THE FINAL OPERATING BUDGET EXPENDITURES OF
THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI
ARE 8% LESS THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES
Revenue Sources
Ad Valorem Tax Levy
Reimbursements
Reserve and Carryover
0.4681 Millage per $1000
GENERAL FUND
$ 12,970,000
875,000
Total Revenues 13,845,000
Total Revenues and Balances
3,501,000
17,346,000
Operating Expenditures
General Expenses 4,099,500
Leadership, Advocacy and Operations 1,573,000
Quality of Life & Enhanced Services 3,725,000
Arts, Culture & Entertainment 800,000
Urbanism 2,485,000
Business Development 4,015,000
Total Operating Expenditures 16,697,500
Fund Balances and Reserves 648,500
Total Expenditures, Reserves, and Balances 17,346,000
The tentative, adopted, and/or final budgets are on file in the office of the
above referenced taxing authority as a public record.
Downtown Development Authority of the City of Miami
Budget Template FY 2023-24 Proposed Budget
FY 2019-20 Actual
FY 2020-21 Actual
FY 2021-22 Actual
FY 2022-23 Adopted
FY 2022-23 Projection
FY 2023-24 Proposed
Difference
Notes
Number of Full -Time Positions
30
29
27
32
26
34
+2
5 vacant and 2 new: Urban Planning,
Chief of Economic Dev and Strategy,
Resea rch, Marketing, HR/Accounting,
Business Development (2)
Are any positions funded in other budgets?
Yes
Yes
Yes
Yes
Yes
Yes
CRA = $60,000
City of Miami = $65,000
If so, how much is in this budget?
$113,000
$118,000
$125,000
$125,000
$125,000
$125,000
0
CRA Reimbursement (salary and
benefits) = $60,000
PIO Reimbursement = $65,000 (part of
salary)
If so, how much is in the other budget?
$113,000
$118,000
$125,000
$125,000
$125,000
$125,000
0
CRA Reimbursement (salary and
benefits) = $60,000
PIO Reimbursement = $65,000 (part of
salary)
Revenues
-1 5
Ad Valorem Taxes
$9,427,283
$9,904,090
$9,970,300
$10,944,000
$10,944,000
$12,321,500
+1,377,500
Number based on 95% of preliminary
collection on $12,970,000 (millage
.4681).
Grant monies
$246,161
$389,597
$166,688
$310,000
$310,000
$310,000
0
CRA Reimbursement (Contract).
Other
$49,966
$96,621
$123,259
$4,632,000
$4,595,844
$565,000
-4,067,000
Interest Income (cannot forecast)
$65k PIO (City Agreement)
$500k DRI
Carryover Funds from Prior Years
$0
$0
$0
$2,263,000
-$210,444
$3,501,000
+1,238,000
Reserve and Carryover
Revenue Grand Total
$9,723,410
$10,390,308
$10,260,247
$18,149,000
$15,639,400
$16,697,500
-1,451,500
Expenditures
Regular Salary and Wages
$2,333,237
$2,313,542
$2,369,402
$3,150,000
$2,600,000
$2,950,000
-200,000
5 vacant and 2 new: Urban Planning,
Chief of Economic Dev and Strategy,
Resea rch, Marketing, HR/Accounting,
Business Development (2)
Increases on COL, salaries, new
positions and one time payment
supplements.
FICA Taxes
$170,245
$170,499
$172,426
$252,000
$208,000
$236,000
-16,000
Increases on COL, salaries, new
positions and one time payment
supplements.
Retirement Contributions
$157,962
$161,269
$163,422
$220,500
$182,000
$206,500
-14,000
Increases on COL, salaries, new
positions and one time payment
Life and Health Insurance
$291,411
$340,718
$344,818
$600,000
$450,000
$600,000
0
Increases on COL, salaries, new
positions and one time payment
Workers' Compensation
$21,611
$19,945
$26,768
$35,000
$25,000
$30,000
-5,000
Decrease due to less cases during the
year (1 active as of today).
Professional Services - Legal
$30,000
$25,000
$35,000
$60,000
$30,000
$60,000
0
Contract with the City of Miami.
Professional Services
$58,891
$50,045
$89,913
$100,000
$100,000
$100,000
0
IT Consultant.
Accounting and Auditing
$22,000
$23,200
$22,000
$30,000
$27,000
$35,000
+5,000
Annual Audit. ARPA Funds Audit.
Other Contractual Services
$50,952
$81,709
$95,769
$180,000
$170,000
$422,000
+242,000
Intergovernmental Advocacy, IT
relocation, Procurement Services,
Human Resources Expert Consultant
and Support.
Downtown Development Authority of the City of Miami
Budget Template FY 2023-24 Proposed Budget
FY 2019-20 Actual
FY 2020-21 Actual
FY 2021-22 Actual
FY 2022-23 Adopted
FY 2022-23 Projection
FY 2023-24 Proposed
Difference
Notes
Number of Full -Time Positions
30
29
27
32
26
34
+2
5 vacant and 2 new: Urban Planning,
Chief of Economic Dev and Strategy,
Resea rch, Marketing, HR/Accounting,
Business Development (2)
Are any positions funded in other budgets?
Yes
Yes
Yes
Yes
Yes
Yes
CRA = $60,000
City of Miami = $65,000
If so, how much is in this budget?
$113,000
$118,000
$125,000
$125,000
$125,000
$125,000
0
CRA Reimbursement (salary and
benefits) = $60,000
PIO Reimbursement = $65,000 (part of
salary)
If so, how much is in the other budget?
$113,000
$118,000
$125,000
$125,000
$125,000
$125,000
0
CRA Reimbursement (salary and
benefits) = $60,000
PIO Reimbursement = $65,000 (part of
salary)
Ambassadors' Program
CRA Team
DET Team and Supplies
DET Truck
NEAT Team
Information Centers
Program Management
Security and Sanitation Program
Pit Stop Program
$714,460
$823,491
$927,943
$980,000
$980,000
$980,000
0
Contract.
$243,298
$250,000
$138,287
$310,000
$310,000
$310,000
0
CRA contract (reimbursement).
$504,163
$408,055
$398,011
$665,000
$665,000
$965,000
+300,000
Additional costs related to work force,
supplies and sanitation. New DET truck.
Added expenses related to Pit stop
program
$21,828
$0
$25,786
$0
$0
$0
0
Included in DET Team and supplies.
$180,000
$194,917
$194,868
$195,000
$195,000
$195,000
0
Contract.
$50,000
$50,000
$50,000
$50,000
$50,000
$50,000
0
CBD and Brickell
$300
$2,902
$3,605
$0
$3,000
$5,000
+5,000
Increase in cost of the service providers
used for our grant program and
operations.
$0
$25,252
$299,359
$500,000
$315,000
$765,000
+265,000
Off Duty Agreement with City of Miami
Police officers for downtown, increased
pressure washing , quarterly clean up
events, maintenance of Dog Spot and
other initiatives to ensure downtown is
clean and safe.
$343,378
$78,914
$470,419
$876,000
$500,000
$0
-876,000
Allocation moved to DET Team line item
Travel and Per Diem
$20,446
$12,504
$32,116
$80,000
$35,000
$50,000
-30,000
In -person conferences and meetings
Communications and Related Services
$162,388
$171,782
$124,008
$370,000
$365,000
$355,000
-15,000
Banners, Advertising, Collateral
Materials, Videos, Promotional
Materials, Website.
Postage
$759
$11,438
$1,378
$8,000
$3,000
$6,000
-2,000
Postage, Couriers, etc. Annual Report
been sent via mail.
Utilities
$24,504
$22,046
$21,593
$40,000
$30,000
$40,000
0
Common areas expense, phone,
internet, etc.
Rentals and Leases
$291,175
$274,474
$323,919
$356,500
$398,400
$234,000
-122,500
Office and Storage rent. New Lease
negotiated.
Downtown Development Authority of the City of Miami
Budget Template FY 2023-24 Proposed Budget
FY 2019-20 Actual
FY 2020-21 Actual
FY 2021-22 Actual
FY 2022-23 Adopted
FY 2022-23 Projection
FY 2023-24 Proposed
Difference
Notes
Number of Full -Time Positions
30
29
27
32
26
34
+2
5 vacant and 2 new: Urban Planning,
Chief of Economic Dev and Strategy,
Research, Marketing, HR/Accounting,
Business Development (2)
Are any positions funded in other budgets?
Yes
Yes
Yes
Yes
Yes
Yes
CRA = $60,000
City of Miami = $65,000
If so, how much is in this budget?
$113,000
$118,000
$125,000
$125,000
$125,000
$125,000
0
CRA Reimbursement (salary and
benefits) = $60,000
PIO Reimbursement = $65,000 (part of
salary)
If so, how much is in the other budget?
$113,000
$118,000
$125,000
$125,000
$125,000
$125,000
0
CRA Reimbursement (salary and
benefits) = $60,000
PIO Reimbursement = $65,000 (part of
salary)
Repair and Maintenance Services
$27,859
$10,939
$16,262
$35,000
$15,000
$44,000
+9,000
Miscellaneous items needed for
operation of the office such as cleaning,
repairs and security system.
Decommission of old furniture and
purchase of new furniture as needed.
Printing and Binding
$7,803
$24,863
$12,245
$30,000
$20,000
$30,000
0
Copy Machines Usage
Advertising and Related Costs
$132,757
$196,863
$28,603
$175,000
$0
$0
-175,000
Allocation moved to Research and
Strategy line item
Office Supplies
$28,605
$16,532
$23,558
$30,000
$30,000
$40,000
+10,000
Supplies for employees and office.
Subscriptions, Memberships, and Licenses
$33,705
$21,453
$26,974
$25,000
$25,000
$30,000
+5,000
Increase in required Software &
Licenses for employees.
Capital Projects and Purchases
$969,374
$1,008,938
$248,648
$4,207,000
$3,707,000
$2,490,000
-1,717,000
Master Plan 2050, Traffic Flow Study,
Economic Development Study,
BayWalk/RiverWalk + Connections,
Circulator, Flagler Street PIO Office,
Avenue 3 activations and Public Realm
Improvements.
All Other Expenditures
$53,125
$0
$0
$0
$0
$0
0
Please see detail below:
Other Staff Benefits
$65,087
$70,330
$73,836
$112,000
$102,000
$102,000
-10,000
Cellphones reimbursement. Public
transportation cost for staff and
parking.
Consultants
$187,637
$59,352
$0
$90,000
$0
$0
-90,000
Allocation moved to Professional
Services line item.
Additional Operational Expenses
$52,504
$59,919
$41,841
$105,500
$40,000
$300,000
+194,500
Meetings, Required Ads & Filings for
Budget, current and new office
equipment.
Insurance Cost
$15,825
$21,236
$25,189
$31,500
$19,000
$27,000
-4,500
Various insurances, new contracts
negotiated.
Downtown Development Authority of the City of Miami
Budget Template FY 2023-24 Proposed Budget
FY 2019-20 Actual
FY 2020-21 Actual
FY 2021-22 Actual
FY 2022-23 Adopted
FY 2022-23 Projection
FY 2023-24 Proposed
Difference
Notes
Number of Full -Time Positions
30
29
27
32
26
34
+2
5 vacant and 2 new: Urban Planning,
Chief of Economic Dev and Strategy,
Research, Marketing, HR/Accounting,
Business Development (2)
Are any positions funded in other budgets?
Yes
Yes
Yes
Yes
Yes
Yes
CRA = $60,000
City of Miami = $65,000
If so, how much is in this budget?
$113,000
$118,000
$125,000
$125,000
$125,000
$125,000
0
CRA Reimbursement (salary and
benefits) = $60,000
PIO Reimbursement = $65,000 (part of
salary)
If so, how much is in the other budget?
$113,000
$118,000
$125,000
$125,000
$125,000
$125,000
0
CRA Reimbursement (salary and
benefits) = $60,000
PIO Reimbursement = $65,000 (part of
salary)
Professional Development
$37,851
$20,684
$36,983
$125,000
$80,000
$125,000
0
Tuition reimbursement and
professional development for staff to
remain competitive and retain talent.
Small Business Grants
$114,392
$290,056
$106,161
$525,000
$525,000
$1,075,000
+550,000
Various grant assistance programs
(Creation of a small business incentive
program, Flagler Reconstruction grant
to retain businesses, Lighting grant, and
Facade Improvement Program grant)
Targeted Programs & Activations
$224,253
$1,002,318
$455,897
$890,000
$650,000
$660,000
-230,000
Activations, Educational Initiatives, and
Homeless/outreach programs
(reduction due to contracts being re-
negotiated at better rates). Outdoor
Dining and Restaurant Grant program
ended due to permanent program
implemented by The City.
Sponsorships
$271,206
$671,928
$256,750
$300,000
$350,000
$450,000
+150,000
Legacy and Competitive Grant
programs increase to bring more
activations to Downtown.
Public Relations
$146,492
$146,424
$166,400
$185,000
$185,000
$195,000
+10,000
Public Relations Contract
Research and Strategy
$57,536
$37,311
$126,203
$175,000
$350,000
$335,000
+160,000
Contract in place for required by Board
of Directors Research Reports in Office
Market, Residential Market,
Demographics, Retail Study for CBD and
Marketing Strategy/Initiatives
Special Initiatives
$641,290
$526,115
$888,418
$1,850,000
$1,750,000
$2,050,000
+200,000
Business Development Corporate
Recruitment (increased incentives) and
partnership with the Miami Dade
College Artificial Intelligence Program.
Downtown Development Authority of the City of Miami
Budget Template FY 2023-24 Proposed Budget
FY 2019-20 Actual
FY 2020-21 Actual
FY 2021-22 Actual
FY 2022-23 Adopted
FY 2022-23 Projection
FY 2023-24 Proposed
Difference
Notes
Number of Full -Time Positions
30
29
27
32
26
34
+2
5 vacant and 2 new: Urban Planning,
Chief of Economic Dev and Strategy,
Research, Marketing, HR/Accounting,
Business Development (2)
Are any positions funded in other budgets?
Yes
Yes
Yes
Yes
Yes
Yes
CRA = $60,000
City of Miami = $65,000
If so, how much is in this budget?
$113,000
$118,000
$125,000
$125,000
$125,000
$125,000
0
CRA Reimbursement (salary and
benefits) = $60,000
PIO Reimbursement = $65,000 (part of
salary)
If so, how much is in the other budget?
$113,000
$118,000
$125,000
$125,000
$125,000
$125,000
0
CRA Reimbursement (salary and
benefits) = $60,000
PIO Reimbursement = $65,000 (part of
salary)
Permitting and Small Business Assistance
$131
$6,500
$127,396
$200,000
$150,000
$150,000
-50,000
Permitting clinic and development of
small business incentive program. The
reduction is due to the allocation of the
grants funds to the Small Business
Grants line item.
Expenditure Grand Total
$8,760,440
$9,703,463
$8,992,174
$18,149,000
$15,639,400
$16,697,500
-$1,451,500
Revenues Minus Expenditures
$962,970
$686,845
$1,268,073
so
so
so
so
RESOLUTION NO. 015/2023
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF
MIAMI, FLORIDA AUTHORIZING THE EXECUTIVE DIRECTOR
TO ESTABLISH A PROPOSED MILLAGE RATE FOR THE
DOWNTOWN DEVELOPMENT DISTRICT OF THE CITY OF
MIAMI, FLORIDA FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2023 AND ENDING SEPTEMBER 30, 2024 AT 0.4681
MILLS.
WHEREAS, Section 200.065(2)(a)1, Florida Statutes (2017) ("Statute"), requires each taxing
authority to establish a proposed millage rate; and
WHEREAS, the Statute stipulates that the proposed millage rate be submitted to the Miami -Dade
County Property Appraiser and the Tax Collector; and
WHEREAS, the proposed millage rate reflects the levy necessary to realize property tax revenues
anticipated in the Fiscal Year 2023-2024 Budget for the Downtown Development Authority of the City of
Miami ("Miami DDA"); and
WHEREAS, the Statute requires that the proposed tax rate be included on tax notices; and
WHEREAS, the proposed millage rate submitted to the Property Appraiser is not binding but
necessary for the purpose of preparation of tax notices;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals are true and correct and are adopted by reference and incorporated as
if fully set forth in this Section.
Section 2. The Miami DDA Board of Directors hereby authorizes the Executive Director to
establish a proposed millage rate for the Downtown Development District of the City of Miami, Florida
("District") for the Fiscal Year beginning October 1, 2023 and ending September 30, 2024 at 0.4681 mills.
Section 3. The Executive Director of the Miami DDA is instructed to submit said proposed
millage rate for the Downtown Development District of the City of Miami, Florida to the Miami -Dade
County Property Appraiser and Tax Collector.
Section 4. This Resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED this 7' day of July, 2023.
-d*Ii"--reoe Cot iissioner Man o ReYes, Chairman
/ f
spi, CEO & Executive Director
ATTEST:
Ivonne de la Vega
Secretary to the Board of Directors
RESOLUTION NO. 016/2023
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIAMI
DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI,
FLORIDA ("MIAMI DDA") APPROVING THE PRELIMINARY ANNUAL
BUDGET OF THE MIAMI DDA FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024; REQUESTING THAT
THE MIAMI CITY COMMISSION ESTABLISH THE MILLAGE TO SUPPORT
THE FINANCIAL REQUIREMENTS OF THE BUDGET; AUTHORIZING THE
EXECUTIVE DIRECTOR OF THE MIAMI DDA TO EXPEND FUNDS AS
PROVIDED IN THE BUDGET; DIRECTING THE EXECUTIVE DIRECTOR TO
FILE A DETAILED STATEMENT OF THE PROPOSED EXPENDITURES AND
ESTIMATED REVENUES FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
2023, AND ENDING SEPTEMBER 30, 2024, WITH THE CITY CLERK OF THE
CITY OF MIAMI ("CLERK") AFTER ADOPTION AND ESTABLISHMENT OF
THE MILLAGE BY THE MIAMI CITY COMMISSION; AND FURTHER
PROVIDING THAT A COPY OF THIS RESOLUTION BE FILED WITH THE
CLERK.
WHEREAS, the Miami Downtown Development Authority of the City of Miami, Florida
("Miami DDA") has prepared a preliminary budget for the Fiscal Year beginning October 1, 2023,
and ending September 30, 2024, ("Fiscal Year"); and
WHEREAS, the Board of Directors of the Miami DDA has reviewed said budget on the
Estimated Tax Roll provided by Miami -Dade County; and
WHEREAS, the Board of Directors of the Miami DDA finds that the proposed budget is
necessary in order to further the objectives of the Miami DDA, as authorized by the Code of the
City of Miami, Florida, as amended;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
MIAMI DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated as if fully set forth in this Section.
Section 2. The preliminary budget of the Miami Downtown Development Authority
of the City of Miami, Florida ("Miami DDA"), as submitted by the Executive Director, is made
part of this Resolution, is hereby approved, and shall be known as the "Annual Budget of the Miami
Downtown Development Authority: Fiscal Year October 1, 2023, through September 30, 2024."
Section 3. The following appropriations for the Fiscal Year beginning October 1,
2023, and ending September 30, 2024, are hereby made for the purpose of financing the operations
and other legal and proper purposes of the Miami DDA:
BUDGET SUMMARY
The Downtown Development Authority of the City of Miami, Florida
Fiscal Year 2023-2024
GENERAL FUND
Revenue Sources
Ad Valorem Tax Levy 0.4681 Miliage per $1000 $ 12,970,000
Reimbursements 875,000
Total Revenues 13,845,000
Reserve and Carryover
Total Revenues and Balances
3,501,000
17,346,000
Operating Expenditures
General Expenses 4,099,500
Leadership, Advocacy and Operations 1,573,000
Quality of Life & Enhanced Services 3,725,000
Arts, Culture & Entertainment 800,000
Urbanism 2,485,000
Business Development 4,015,000
Total Operating Expenditures 16,697,500
Fund Balances and Reserves 648,500
Total Expenditures, Reserves, and Balances 17,346,000
Section 4. The Executive Director is directed to submit a copy of this preliminary
budget as well as this Resolution to the Miami City Commission and to request the Miami City
Commission to adopt said preliminary budget and establish the millage as authorized by law to
support the financial requirements of this budget.
Section 5. The Executive Director is authorized to expend funds, including new
salary rates, as provided in said budget, after adoption and establishment of the millage by the
Miami City Commission for the Fiscal Year beginning October 1, 2023.
Section 6. The Executive Director is directed to prepare and file with the City Clerk
of the City of Miami ("Clerk") a detailed statement of the proposed expenditures and estimated
revenues for the Fiscal Year 2022-2023, which shall be titled "Annual Budget of the Miami
Downtown Development Authority: Fiscal Year October 1, 2023, through September 30, 2024."
Section 7. The Executive Director is directed to forward a copy of this Resolution
and the attachments to the Clerk after adoption of the millage by the Miami City Commission.
Section 8. This Resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED this 7th day of July, 2023.
Commissioner` Ma4iolo Reyes, Chairman
Christina Crespi, CEO & Executive irector
ATTE f:
Ivonne de la Vega
Secretary to the Board of the Direct
Reset Form
CERTIFICATION OF TAXABLE VALUE
Print Form
DR-420
R. 5/12
Rule 12D-16.002
Florida Administrative Code
Effective 11/12
Year: 2023
County: MIAMI-DADE
Principal Authority :
Downtown Dev. Authority of The City of Miami
Taxing Authority :
DADE CO DOWNTOWN DEV AUTH
SECTION I : COMPLETED BY PROPERTY APPRAISER
1.
Current year taxable value of real property for operating purposes
$ 26,278,482,933
(1)
2.
Current year taxable value of personal property for operating purposes
$ 1,361,457,175
(2)
3.
Current year taxable value of centrally assessed property for operating purposes
$ 59,861,131
(3)
4.
Current year gross taxable value for operating purposes (Line 1 plus Line 2 plus Line 3)
$ 27,699,801,239
(4)
5.
Current year net new taxable value (Add new construction, additions, rehabilitative
improvements increasing assessed value by at least 100%, annexations, and tangible
personal property value over 115% of the previous year's value. Subtract deletions.)
$ 171,237,637
(5)
6.
Current year adjusted taxable value (Line 4 minus Line 5)
$ 27,528,563,602
(6)
7.
Prior year FINAL gross taxable value from prior year applicable Form DR-403 series
$ 24,292,968,572
(7)
8
Does the taxing authority include tax increment financing areas? If yes, enter number
of worksheets (DR-420TIF) attached. If none, enter 0
❑ YES
Number
0
(8)
NO
9.
Does the taxing authority levy a voted debt service millage or a millage voted for 2
years or less under s. 9(b), Article VII, State Constitution? If yes, enter the number of
DR-420DEBT, Certification of Voted Debt Millage forms attached. If none, enter 0
YES
Number
0
(9)
✓ NO
SIGN
HERE
Property Appraiser Certification
1 certify the taxable values above are correct to the best of my knowledge.
Signature of Property Appraiser:
Electronically Certified by Property Appraiser
Date :
6/30/2023 4:32 PM
SECTION II : COMPLETED BY TAXING AUTHORITY
If this portion of the form is not completed in FULL your taxing authority will be denied TRIM certification and
possibly lose its millage levy privilege for the tax year. If any line is not applicable, enter -0-.
10.
Prior year operating millage levy (If prior year millage was adjusted then use adjusted
millage from Form DR-422)
0.4681 per $1,000
(10)
11.
Prior year ad valorem proceeds (Line 7 multiplied by Line 10, divided by 1,000)
$ 11,371,539
(11)
12
Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a
dedicated increment value (Sum of either Lines 6c or Line 7a for all DR-420T1F forms)
$ 0
(12)
13.
Adjusted prior year ad valorem proceeds (Line 11 minus Line 12)
$ 11,371,539
(13)
14.
Dedicated 1 ncrement value, if any (Sum of either Line 6b or Line 7e for all DR-420T1F forms)
$ 0
(14)
15.
Adjusted current year taxable value (Line 6 minus Line 14)
$ 27,528,563,602
(15)
16.
Current year rolled -back rate (Line 13 divided by Line 15, multiplied by 1,000)
0.4131 per $1000
(16)
17.
Current year proposed operating millage rate
0.4681 per $1000
(17)
18
Total taxes to be levied at proposed millage rate (Line 17 multiplied byLine4, divided
by 1,000)
$ 12,966,277
(18)
Continued on page 2
DR-420
R. 5/12
Page 2
19
TYPE of principal authority (check one) County
❑ Municipality
,/
❑
Independent Special District
Water Management District
(19)
20
Applicable taxing authority (check one)
/
❑
Principal Authority ❑ Dependent Special District
MSTU ❑ Water Management District Basin
(20)
21.
Is millage levied in more than one county? (check one) ❑ Yes
✓
No
(21)
DEPENDENT SPECIAL DISTRICTS AND MSTUs
STOP
STOP HERE - SIGN AND SUBMIT
22.Enter
the total adjusted prior year ad valorem proceeds of the principal authority, all
dependent special districts, and MSTUs levying a millage. (The sum of Line 13 from all DR-420
forms)
$ 11,371,539
(22)
23.
Current year aggregate rolled -back rate (Line 22 divided by Line 15, multiplied by 1,000)
0.4131 per $1,000
(23)
24.
Current year aggregate rolled -back taxes (Line 4 multiplied by Line 23, divided by 1,000)
$ 11,442,788
(24)
25.
Enter total of all operating ad valorem taxes proposed to be levied by the principal
taxing authority, all dependent districts, and MSTUs, if any. (The sum of Line 18 from all
DR-420 forms)
$ 12,966,277
(25)
26.Current
year proposed aggregate millage rate (Line 25 divided by Line 4, multiplied
by 1,000)
0.4681 per $1,000
(26)
27
Current year proposed rate as a percent change of rolled -back rate (Line 26 divided by
Line 23, minus 1, multiplied by 100)
13.31 %
(27)
First public
budget hearing
g g
Date :
9/9/2023
Time :
10:00 AM EST
Place :
City Commission Chambers at City Hall, 3500 Pan American
Drive, Dinner Key, Miami, Florida 33133 / Phone: 305-579-
1
G
N
H
E
R
E
Taxing Authority Certification
I certify the millages and rates are correct to the best of my knowledge.
The millages comply with the provisions of s. 200.065 and the provisions of
either s. 200.071 or s. 200.081, F.S.
Signature of Chief Administrative Officer :
Electronically Certified by Taxing Authority
Date :
8/1/2023 7:39 PM
Title :
CHRISTINA CRESPI, CEO/EXECUTIVE DIRECTOR
Contact Name and Contact Title :
IVONNE BERRIOS, COO/CFO
Mailing Address :
200 S. BISCAYNE BLVD, STE 2929
Physical Address :
200 S. BISCAYNE BLVD., SUITE 2929
City, State, Zip :
MIAMI, FL 33131
Phone Number :
(305)579-6675
Fax Number :
(305)371-2423
Instructions on page 3
CERTIFICATION OF TAXABLE VALUE
INSTRUCTIONS
DR-420
R. 5/12
Page 3
"Principal Authority" is a county, municipality, or independent special district (including water management districts).
"Taxing Authority" is the entity levying the millage. This includes the principal authority, any special district dependent to the
principal authority, any county municipal service taxing unit (MSTU), and water management district basins.
Each taxing authority must submit to their property appraiser a DR-420 and the following forms, as applicable:
• DR-420TIF, Tax Increment Adjustment Worksheet
• DR-420DEBT, Certification of Voted Debt Millage
• DR-420MM-P, Maximum Millage Levy Calculation - Preliminary Disclosure
Section I: Property Appraiser Section II: Taxing Authority
Use this DR-420 form for all taxing authorities except school Complete Section II. Keep one copy, return the original and
districts. Complete Section I, Lines 1 through 9, for each county, one copy to your property appraiser with the applicable
municipality, independent special district, dependent special DR-420TIF, DR-420DEBT, and DR-420MM-P within 35 days
district, MSTU, and multicounty taxing authority. Enter only of certification. Send one copy to the tax collector. "Dependent
taxable values that apply to the taxing authority indicated. Use a special district" (ss. 200.001(8)(d) and 189.403(2), F.S.)
separate form for the principal authority and each dependent means a special district that meets at least one of the
district, MSTU and water management district basin. following criteria:
Line 8 • The membership of its governing body is identical to that of
the governing body of a single county or a single
municipality.
Complete a DR-420TIF for each taxing authority making
payments to a redevelopment trust fund under Section 163.387
(2)(a), Florida Statutes or by an ordinance, resolution or • All members of its governing body are appointed by the
agreement to fund a project or to finance essential infrastructure. governing body of a single county or a single
municipality.
Check "Yes" if the taxing authority makes payments to a
redevelopment trust fund. Enter the number of DR-420TIF forms
attached for the taxing authority on Line 8. Enter 0 if none.
Line 9
Complete a DR-420DEBT for each taxing authority levying either
a voted debt service millage (s.12, Article VII, State Constitution)
or a levy voted for two years or less (s. 9(b), Article VII, State
Constitution).
Check "Yes" if the taxing authority levies either a voted debt
service millage or a levy voted for 2 years or less (s. 9(b), Article
VII, State Constitution). These levies do not include levies
approved by a voter referendum not required by the State
Constitution. Complete and attach DR-420DEBT. Do not
complete a separate DR-420 for these levies.
Send a copy to each taxing authority and keep a copy. When the
taxing authority returns the DR-420 and the accompanying forms
immediately send the original to:
Florida Department of Revenue
Property Tax Oversight - TRIM Section
P. O. Box 3000
Tallahassee, Florida 32315-3000
• During their unexpired terms, members of the special
district's governing body are subject to removal at will by
the governing body of a single county or a single
municipality.
• The district has a budget that requires approval through an
affirmative vote or can be vetoed by the governing body
of a single county or a single municipality.
"Independent special district" (ss. 200.001(8)(e) and 189.403
(3), F.S.) means a special district that is not a dependent
special district as defined above. A district that includes more
than one county is an independent special district unless the
district lies wholly within the boundaries of a single
municipality.
"Non -voted millage" is any millage not defined as a "voted
millage" in s. 200.001(8)(f), F.S.
Lines 12 and 14
Adjust the calculation of the rolled -back rate for tax increment
values and payment amounts. See the instructions for
DR-420TIF. On Lines 12 and 14, carry forward values from
the DR-420TIF forms.
Line 24
Include only those levies derived from millage rates.
All TRIM forms for taxing authorities are available on our website at
http://dor.myflorida.com/dor/property/trim
FLORIDA
Reset Form
MAXIMUM MILLAGE LEVY CALCULATION
FINAL DISCLOSURE
For municipal governments, counties, and special districts
Print Form
DR-420MM
R. 5/12
Rule 12D-16.002
Florida Administrative Code
Effective 11/12
Year : 2023
County : MIAMI-DADE
Principal Authority :
Downtown Dev. Authority of The City of Miami
Taxing Authority :
DADE CO DOWNTOWN DEV AUTH
1
Is your taxing authority a municipality or independent special district that has levied
ad valorem taxes for less than 5 years?
(1)
Yes
No
IF YES, STO p STOP HERE. SIGN AND SUBMIT. You are not subject to a millage limitation.
2.
Current year rolled -back rate from Current Year Form DR-420, Line 16
0.4131 per $1,000
(2)
3.
Prior year maximum millage rate with a majority vote from 2022, Form DR-420MM, Line 13
0.4659 per $1,000
(3)
4.
Prior year operating millage rate from Current Year Form DR-420, Line 10
0.4681 per $1,000
(4)
If Line 4 is equal to or greater than Line 3, skip to Line 11. If less, continue to Line 5.
Adjust rolled -back rate based on prior year majority -vote maximum millage rate
5.
Prior year final gross taxable value from Current Year Form DR-420, Line 7
$ 0
(5)
6
Prior year maximum ad valorem proceeds with majority vote
(Line 3 multiplied by Line 5 divided by 1,000)
$ 0
(6)
7
Amount, if any, paid or applied in prior year as a consequence of an obligation
measured by a dedicated increment value from Current Year Form DR-420 Line 12
$ 0
(7)
8.
Adjusted prior year ad valorem proceeds with majority vote (Line 6 minus Line 7)
$ 0
(8)
9.
Adjusted current year taxable value from Current Year form DR-420 Line 15
$ 0
(9)
10.
Adjusted current year rolled -back rate (Line 8 divided byline 9, multiplied by 1,000)
0.0000 per $1,000
(10)
Calculate maximum millage levy
11.
Rolled -back rate to be used for maximum millage levy calculation
(Enter Line 10 if adjusted or else enter Line 2)
0.4131 per $1,000
(11)
12.
Adjustment for change in per capita Florida personal income (See Line 12 Instructions)
1.0284
(12)
13.
Majority vote maximum millage rate allowed (Line 11 multiplied by Line 12)
0.4248 per $1,000
(13)
14.
Two-thirds vote maximum millage rate allowed (Multiply Line 13 by 1.10)
0.4673 per $1,000
(14)
15.
Current year adopted millage rate
0.0000 per $1,000
(15)
16.
Minimum vote required to levy adopted millage: (Check one)
(16)
a. Majority vote of the governing body: Check here if Line 15 is less than or equal to Line 13. The maximum millage rate is equal
to the majority vote maximum rate. Enter Line 13 on Line 17.
✓
❑ b. Two-thirds vote of governing body: Check here if Line 15 is less than or equal to Line 14, but greater than Line 13. The
maximum millage rate is equal to adopted rate. Enter Line 15 on Line 17.
❑ c. Unanimous vote of the governing body, or 3/4 vote if nine members or more: Check here if Line 15 is greater than Line 14.
The maximum millage rate is equal to the adopted rate. Enter Line 15 on Line 17.
d. Referendum: The maximum millage rate is equal to the adopted rate. Enter Line 15 on Line 17.
17.The
selection on Line 16 allows a maximum millage rate of
(Enter rate indicated by choice on Line 16).
0.4248 per $1,000
(17)
18.
Current year gross taxable value from Current Year Form DR-420, Line 4
$ 27,699,801,239
(18)
Continued on page 2
Taxing Authority :
DR 420MM
R. 5/12
Page 2
19.
Current year adopted taxes (Line 15 multiplied by Line 18, divided by 1,000).
$ 0
(19)
20.
Total taxes levied at the maximum millage rate (Line 17multiplied by Line 18, divided
by 1,000).
$ 11,766,876
(20)
DEPENDENT SPECIAL DISTRICTS AND MSTUs
STOP
STOP HERE. SIGN AND SUBMIT.
21
Enter the current year adopted taxes of all dependent special districts & MSTUs levying
a millage. (The sum of all Lines 19 from each district's Form DR-420MM)
$ 0
(21)
22.
Total current year adopted taxes (Line 19 plus Line 21).
$ 0
(22)
Total Maximum Taxes
23
Enter the taxes at the maximum millage of all dependent special districts & MSTUs
levying a millage (The sum of all Lines 20 from each district's Form DR-420MM).
$ 0
(23)
24.
Total taxes at maximum millage rate (Line 20 plus Line 23).
$ 11,766,876
(24)
Total Maximum Versus Total Taxes Levied
25
Are total current year adopted taxes on Line 22 equal to or less than total taxes at the
maximum millage rate on Line 24? (Check one)
YES
✓
NO
(25)
S
I
G
N
H
E
R
E
Taxing Authority Certification
I certify the millages and rates are correct to the best of my knowledge. The millages
comply with the provisions of s. 200.065 and the provisions of either s. 200.071 or s.
200.081, F.S.
Signature of Chief Administrative Officer :
Date :
Title :
CHRISTINA CRESPI, CEO/EXECUTIVE DIRECTOR
Contact Name and Contact Title :
IVONNE BERRIOS, COO/CFO
Mailing Address :
200 S. BISCAYNE BLVD, STE 2929
Physical Address :
200 S. BISCAYNE BLVD., SUITE 2929
City, State, Zip :
MIAMI, FL 33131
Phone Number :
(305)579-6675
Fax Number :
(305)371-2423
Complete and submit this form to the Department of Revenue with the completed
DR-487, Certification of Compliance, within 30 days of the final hearing.
Instructions on page 3
MAXIMUM MILLAGE LEVY CALCULATION
FINAL DISCLOSURE
INSTRUCTIONS
General Instructions
Each of the following taxing authorities must
complete a DR-420MM.
• County
• Municipality
• Special district dependent to a county or
municipality
• County MSTU
• Independent special district, including water
management districts
• Water management district basin
Voting requirements for millages adopted by a
two-thirds or a unanimous vote are based on the
full membership of the governing body, not on
the number of members present at the time of
the vote.
This form calculates the maximum tax levy for
2023 allowed under s. 200.065(5), F.S. Counties
and municipalities, including dependent special
districts and MSTUs, which adopt a tax levy at the
final hearing higher than allowed under s.
200.065, F.S., may be subject to the loss of their
half -cent sales tax distribution.
DR-420MM shows the maximum millages and
taxes levied based on your adoption vote. Each
taxing authority must complete, sign, and submit
this form to the Department of Revenue with
their completed DR-487, Certification of
Compliance, within 30 days of their final hearing.
Taxing authorities must also submit DR-487V,
Vote Record for Final Adoption of Millage Levy. This
form certifies to the Department of Revenue the
vote on the resolution or ordinance stating the
millage rate adopted at the final hearing.
Specific tax year references in this form are
updated each year by the Department.
Line Instructions
DR-420MM
R. 5/12
Page 3
Lines 5-10
Only taxing authorities that levied a 2022 millage rate less
than their maximum majority vote rate must complete
these lines. The adjusted rolled -back rate on Line 10 is the
rate that would have been levied if the maximum vote rate
for 2022 had been adopted. If these lines are completed,
enter the adjusted rate on Line 11.
Line 12
This line is entered by the Department of Revenue. The
same adjustment factor is used statewide by all taxing
authorities. It is based on the change in per capita Florida
personal income (s. 200.001(8)(i), F.S.), which Florida Law
requires the Office of Economic and Demographic
Research to report each year.
Lines 13 and 14
Millage rates are the maximum that could be levied with a
majority or two-thirds vote of the full membership of the
governing body. With a unanimous vote of the full
membership (three -fourths vote of the full membership if
the governing body has nine or more members) or a
referendum, the maximum millage rate that can be levied
is the taxing authority's statutory or constitutional cap.
Line 16
Check the box for the minimum vote necessary at the final
hearing to levy your adopted millage rate.
Line 17
Enter the millage rate indicated by the box checked in Line
16. If the adopted millage rate is equal to or less than the
majority vote maximum millage rate, enter the majority
vote maximum. If a two-thirds vote, a unanimous vote, or a
referendum is required, enter the adopted millage rate. For
a millage requiring more than a majority vote, the adopted
millage rate must be entered on Line 17, rather than the
maximum rate, so that the comparisons on Lines 21
through 25 are accurate.
All TRIM forms for taxing authorities are available on our website at
http://floridarevenue.com/property/Pages/Forms.aspx
FLORIDA
Reset Form
MAXIMUM MILLAGE LEVY CALCULATION
PRELIMINARY DISCLOSURE
For municipal governments, counties, and special districts
Print Form
DR-420MM-P
R. 5/12
Rule 12D-16.002
Florida Administrative Code
Effective 11/12
Year: 2023
County: MIAMI-DADE
Principal Authority :
Downtown Dev. Authority of The City of Miami
Taxing Authority:
DADE CO DOWNTOWN DEV AUTH
1
Is your taxing authority a municipality or independent special district that has levied
ad valorem taxes for less than 5 years?
(1)
Yes
I No
IF YES, GTO P ; STOP HERE. SIGN AND SUBMIT. You are not subject to a millage limitation.
2.
Current year rolled -back rate from Current Year Form DR-420, Line 16
0.4131 per $1,000
(2)
3.
Prior year maximum millage rate with a majority vote from 2022 Form DR-420MM, Line 13
0.4659 per $1,000
(3)
4.
Prior year operating millage rate from Current Year Form DR-420, Line 10
0.4681 per $1,000
(4)
If Line 4 is equal to or greater than Line 3, skip to Line 11. If less, continue to Line 5.
Adjust rolled -back rate based on prior year majority -vote maximum millage rate
5.
Prior year final gross taxable value from Current Year Form DR-420, Line 7
$ 0
(5)
6
Prior year maximum ad valorem proceeds with majority vote
(Line 3 multiplied by Line 5 divided by 1,000)
$ 0
(6)
7
Amount, if any, paid or applied in prior year as a consequence of an obligation
measured by a dedicated increment value from Current Year Form DR-420 Line 12
$ 0
(7)
8.
Adjusted prior year ad valorem proceeds with majority vote (Line 6 minus Line 7)
$ 0
(8)
9.
Adjusted current year taxable value from Current Year form DR-420 Line 15
$ 0
(9)
10.
Adjusted current year rolled -back rate (Line 8 divided byline 9, multiplied by 1,000)
0.0000 per $1,000
(10)
Calculate maximum millage levy
11.
Rolled -back rate to be used for maximum millage levy calculation
(Enter Line 10 if adjusted or else enter Line 2)
0.4131 per $1,000
(11)
12.
Adjustment for change in per capita Florida personal income (See Line 12 Instructions)
1.0284
(12)
13.
Majority vote maximum millage rate allowed (Line 11 multiplied by Line 12)
0.4248 per $1,000
(13)
14.
Two-thirds vote maximum millage rate allowed (Multiply Line 13 by 1.10)
0.4673 per $1,000
(14)
15.
Current year proposed millage rate
0.4681 per $1,000
(15)
16.
Minimum vote required to levy proposed millage: (Check one)
(16)
❑ a. Majority vote of the governing body: Check here if Line 15 is less than or equal to Line 13. The maximum millage rate is equal
to the majority vote maximum rate. Enter Line 13 on Line 17.
❑ b. Two-thirds vote of governing body: Check here if Line 15 is less than or equal to Line 14, but greater than Line 13. The
maximum millage rate is equal to proposed rate. Enter Line 15 on Line 17.
c. Unanimous vote of the governing body, or 3/4 vote if nine members or more: Check here if Line 15 is greater than Line 14.
The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17.
✓
d. Referendum: The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17.
17.The
selection on Line 16 allows a maximum millage rate of
(Enter rate indicated by choice on Line 16)
0.4681 per $1,000
(17)
18.
Current year gross taxable value from Current Year Form DR-420, Line 4
$ 27,699,801,239
(18)
Continued on page 2
Taxing Authority :
DADE CO DOWNTOWN DEV AUTH
DR 420MM P
R. 5/12
Page 2
19.
Current year proposed taxes (Line 15 multiplied by Line 18, divided by 1,000)
$ 12,966,277
(19)
20.
Total taxes levied at the maximum millage rate (Line 17multiplied by Line 18, divided
by 1,000)
$ 12,966,277
(20)
DEPENDENT SPECIAL DISTRICTS AND MSTUs
STOP
STOP HERE. SIGN AND SUBMIT.
21
Enter the current year proposed taxes of all dependent special districts & MSTUs levying
a millage. (The sum of all Lines 19 from each district's Form DR-420MM-P)
$ 0
(21)
22.
Total current year proposed taxes (Line 19 plus Line 21)
$ 12,966,277
(22)
Total Maximum Taxes
23
Enter the taxes at the maximum millage of all dependent special districts & MSTUs
levying a millage (The sum of all Lines 20 from each district's Form DR-420MM-P)
$ 0
(23)
24.
Total taxes at maximum millage rate (Line 20 plus Line 23)
$ 12,966,277
(24)
Total Maximum Versus Total Taxes Levied
25
Are total current year proposed taxes on Line 22 equal to or less than total taxes at the
maximum millage rate on Line 24? (Check one)
YES NO
(25)
S
1
G
N
H
E
R
E
Taxing Authority Certification
I certify the millages and rates are correct to the best of my knowledge. The millages
comply with the provisions of s. 200.065 and the provisions of either s. 200.071 or s.
200.081, F.S.
Signature of Chief Administrative Officer :
Electronically Certified by Taxing Authority
Date :
8/1/2023 7:39 PM
Title :
CHRISTINA CRESPI, CEO/EXECUTIVE DIRECTOR
Contact Name and Contact Title :
IVONNE BERRIOS, COO/CFO
Mailing Address :
200 S. BISCAYNE BLVD, STE 2929
Physical Address :
200 S. BISCAYNE BLVD., SUITE 2929
City, State, Zip :
MIAMI, FL 33131
Phone Number :
(305)579-6675
Fax Number :
(305)371-2423
Complete and submit this form DR-420MM-P, Maximum Millage Levy Calculation -Preliminary Disclosure, to
your property appraiser with the form DR-420, Certification of Taxable Value.
Instructions on page 3
MAXIMUM MILLAGE LEVY CALCULATION
PRELIMINARY DISCLOSURE
INSTRUCTIONS
General Instructions
Each of the following taxing authorities must
complete a DR-420MM-P.
• County
• Municipality
• Special district dependent to a county or
municipality
• County MSTU
• Independent special district, including water
management districts
• Water management district basin
Voting requirements for millages adopted by a
two-thirds or a unanimous vote are based on the
full membership of the governing body, not on
the number of members present at the time of
the vote.
This form calculates the maximum tax levy for
2023 allowed under s. 200.065(5), F.S. Counties
and municipalities, including dependent special
districts and MSTUs, which adopt a tax levy at the
final hearing higher than allowed under s.
200.065, F.S., may be subject to the loss of their
half -cent sales tax distribution.
DR-420MM-P shows the preliminary maximum
millages and taxes levied based on your
proposed adoption vote. Each taxing authority
must complete, sign, and submit this form to
their property appraiser with their completed
DR-420, Certification of Taxable Value.
The vote at the final hearing and the resulting
maximum may change. After the final hearing,
each taxing authority will file a final Form
DR-420MM, Maximum Millage Levy Calculation
Final Disclosure, with Form DR-487, Certification
of Compliance, with the Department of Revenue.
Specific tax year references in this form are
updated each year by the Department.
Line Instructions
DR-420MM-P
R. 5/12
Page 3
Lines 5-10
Only taxing authorities that levied a 2022 millage rate less
than their maximum majority vote rate must complete these
lines. The adjusted rolled -back rate on Line 10 is the rate
that would have been levied if the maximum vote rate for
2022 had been adopted. If these lines are completed, enter
the adjusted rate on Line 11.
Line 12
This line is entered by the Department of Revenue. The
same adjustment factor is used statewide by all taxing
authorities. It is based on the change in per capita Florida
personal income (s. 200.001(8)(i), F.S.), which Florida Law
requires the Office of Economic and Demographic Research
to report each year.
Lines 13 and 14
Millage rates are the maximum that could be levied with a
majority or two-thirds vote of the full membership of the
governing body. With a unanimous vote of the full
membership (three -fourths vote of the full membership if
the governing body has nine or more members) or a
referendum, the maximum millage rate that can be levied is
the taxing authority's statutory or constitutional cap.
Line 16
Check the box for the minimum vote necessary at the final
hearing to levy your adopted millage rate.
Line 17
Enter the millage rate indicated by the box checked in Line
16. If the proposed millage rate is equal to or less than the
majority vote maximum millage rate, enter the majority vote
maximum. If a two-thirds vote, a unanimous vote, or a
referendum is required, enter the proposed millage rate. For
a millage requiring more than a majority vote, the proposed
millage rate must be entered on Line 17, rather than the
maximum rate, so that the comparisons on Lines 21 through
25 are accurate.
All TRIM forms for taxing authorities are available on our website at
http://floridarevenue.com/property/Pages/Forms.aspx
CERTIFICATION OF FINAL TAXABLE VALUE
FLORIDA
Reset Form
Print Form
DR-422
R. 5/13
Rule 12D-16.002
Florida Administrative Code
Effective 5/13
Provisional
Year : 2023
County : MIAMI-DADE
Is VAB still in session? Yes No
Principal Authority :
Downtown Dev. Authority of The City of Miami
Check
./
type :
School District County Municipality
Independent Special District Water Management District
Taxing Authority :
DADE CO DOWNTOWN DEV AUTH
Check
/
type :
Principal Authority MSTU
Dependent Special District Water Management District Basin
SECTION I : COMPLETED BY PROPERTY APPRAISER
1.
Current year gross taxable value from Line 4, Form DR-420
$ 27,699,801,239
(1)
2.
Final current year gross taxable value from Form DR-403 Series
$ 0
(2)
3.
Percentage of change in taxable value (Line 2 divided by Line 1, minus 1, multiplied by 100)
-100.00 %
(3)
form by
The taxing authority must complete this and return it to the property appraiser
time date
SIGN
HERE
Property Appraiser Certification
I certify the taxable values above are correct to the best of my knowledge.
Signature of Property Appraiser :
Date :
SECTION II : COMPLETED BY TAXING AUTHORITY
MILLAGE RATE ADOPTED BY RESOLUTION OR ORDINANCE AT FINAL BUDGET HEARING UNDER s. 200.065(2)(d), F.S.
If this portion of the form is not completed in full your taxing authority will be denied TRIM certification and possibly lose its millage
levy privilege for the tax year. If any line is inapplicable, enter N/A or -0-.
Non -Voted Operating Millage Rate (from resolution or ordinance)
4a.
County or municipal principal taxing authority
0.0000 per $1,000
(4a)
4b.
Dependent special district
0.0000 per $1,000
(4b)
4c.
Municipal service taxing unit (MSTU)
0.0000 per $1,000
(4c)
4d.
Independent Special District
0.0000 per $1,000
(4d)
4e.
School district Required Local Effort
0.0000 per $1,000
(4e)
Capital Outlay
0.0000 per $1,000
Discretionary Operating
0.0000 per $1,000
Discretionary Capital Improvement
0.0000 per $1,000
0.0000
Additional Voted Millage
0.0000 per $1,000
4f.
Water management district District Levy
0.0000 per $1,000
(4f)
Basin
0.0000 per $1,000
Are you going to adjust adopted millage ?
YES
NO
If No, STOP HERE, Sign and Submit.
Continued on page 2
Taxing Authority :
DR-422
R. 5/13
Page 2
COUNTIES, MUNICIPALITIES, SCHOOLS, and WATER MANAGEMENT DISTRICTS may adjust the non -voted millage rate only if the
percentage on Line 3 is greater than plus or minus 1 %. (s. 200.065(6), F.S)
5
Unadjusted gross ad valorem proceeds
(Line 1 multiplied by Line 4a, 4e, or 4fas applicable, divided by 1,000)
$ 0
(5)
6
Adjusted millage rate (Only if Line 3 is greater than plus or minus 1%)
(Line 5 divided by Line 2 multiplied by 1,000)
0.0000 per $1000
(6)
MSTUs, DEPENDENT SPECIAL DISTRICTS, and INDEPENDENT SPECIAL DISTRICTS may adjust the non -voted millage rate only if
the percentage on Line 3 is greater than plus or minus 3% (s. 200.065(6), F.S.)
7
Unadjusted gross ad valorem proceeds
(Line 1 multiplied by Line 4b, 4c, or 4d as applicable, divided by 1,000)
$ 0
(7)
8
Adjusted Millage rate (Only if Line 3 is greater than plus or minus 3%)
(Line 7 divided by Line 2, multiplied by 1,000)
0.0000 per $1000
(8)
S
/
G
N
H
E
R
E
Taxing Authority Certification
I certify the millages and rates are correct to the best of my knowledge. The millages
comply with the provisions of s. 200.065 and the provisions of either s. 200.071 or s.
200.081, F.S.
Signature of Chief Administrative Officer :
Date :
Title :
CHRISTINA CRESPI, CEO/EXECUTIVE DIRECTOR
Contact Name and Contact Title :
IVONNE BERRIOS, COO/CFO
Mailing Address :
200 S. BISCAYNE BLVD, STE 2929
Physical Address :
200 S. BISCAYNE BLVD., SUITE 2929
City, State, Zip :
MIAMI, FL 33131
Phone Number :
(305)579-6675
Fax Number :
(305)371-2423
INSTRUCTIONS
SECTION I: Property Appraiser
1. Initiate a separate DR-422 form for each DR-420, Certification of Taxable Value, and DR-420S, Certification of School
Taxable Value, submitted.
2. Complete Section 1 and sign.
3. Send the original to the taxing authority and keep a copy.
SECTION II: Taxing Authority
1. Complete Section II and sign.
2. Return the original to the property appraiser.
3. Keep a copy for your records.
4. Send a copy to the tax collector.
5. Send a copy with the DR-487, Certification of Compliance, to the Department of Revenue at the address below. Send
separately if the DR-487 was previously sent to the Department.
Florida Department of Revenue
Property Tax Oversight - TRIM Section
P. O. Box 3000
Tallahassee, Florida 32315 - 3000
All taxing authorities must complete Line 4, millages adopted by resolution/ordinance at final budget hearing.
Counties, municipalities, schools, and water management districts may complete Line 5 and Line 6 only when Line 3 is greater than plus or
minus 1%. (s. 200.065(6), F.S.)
MSTUs, dependent special districts, and independent special districts may adjust the non -voted millage rate only when Line 3 is greater than
plus or minus 3%. (s. 200.065(6), F.S.)
Adjusted millage rate must comply with statutes. The adjusted millage rate entered on Line 6 or Line 8 cannot exceed the rate allowed by other
provisions of law or the state constitution.
Multi -county and water management districts must complete a separate DR-422 for each county.
All TRIM forms for taxing authorities are available on our website at
http://dor.myflorida.com/dor/property/trim
CERTIFICATION OF FINAL TAXABLE VALUE
FLORIDA
Reset Form
Print Form
DR-422
R. 5/13
Rule 12D-16.002
Florida Administrative Code
Effective 5/13
Provisional
Year : 2023
County : MIAMI-DADE
Is VAB still in session? Yes No
Principal Authority :
Downtown Dev. Authority of The City of Miami
Check
./
type :
School District County Municipality
Independent Special District Water Management District
Taxing Authority :
DADE CO DOWNTOWN DEV AUTH
Check
/
type :
Principal Authority MSTU
Dependent Special District Water Management District Basin
SECTION I : COMPLETED BY PROPERTY APPRAISER
1.
Current year gross taxable value from Line 4, Form DR-420
$ 27,699,801,239
(1)
2.
Final current year gross taxable value from Form DR-403 Series
$ 0
(2)
3.
Percentage of change in taxable value (Line 2 divided by Line 1, minus 1, multiplied by 100)
-100.00 %
(3)
form by
The taxing authority must complete this and return it to the property appraiser
time date
SIGN
HERE
Property Appraiser Certification
I certify the taxable values above are correct to the best of my knowledge.
Signature of Property Appraiser :
Date :
SECTION II : COMPLETED BY TAXING AUTHORITY
MILLAGE RATE ADOPTED BY RESOLUTION OR ORDINANCE AT FINAL BUDGET HEARING UNDER s. 200.065(2)(d), F.S.
If this portion of the form is not completed in full your taxing authority will be denied TRIM certification and possibly lose its millage
levy privilege for the tax year. If any line is inapplicable, enter N/A or -0-.
Non -Voted Operating Millage Rate (from resolution or ordinance)
4a.
County or municipal principal taxing authority
0.0000 per $1,000
(4a)
4b.
Dependent special district
0.0000 per $1,000
(4b)
4c.
Municipal service taxing unit (MSTU)
0.0000 per $1,000
(4c)
4d.
Independent Special District
0.0000 per $1,000
(4d)
4e.
School district Required Local Effort
0.0000 per $1,000
(4e)
Capital Outlay
0.0000 per $1,000
Discretionary Operating
0.0000 per $1,000
Discretionary Capital Improvement
0.0000 per $1,000
0.0000
Additional Voted Millage
0.0000 per $1,000
4f.
Water management district District Levy
0.0000 per $1,000
(4f)
Basin
0.0000 per $1,000
Are you going to adjust adopted millage ?
YES
NO
If No, STOP HERE, Sign and Submit.
Continued on page 2
Taxing Authority :
DR-422
R. 5/13
Page 2
COUNTIES, MUNICIPALITIES, SCHOOLS, and WATER MANAGEMENT DISTRICTS may adjust the non -voted millage rate only if the
percentage on Line 3 is greater than plus or minus 1 %. (s. 200.065(6), F.S)
5
Unadjusted gross ad valorem proceeds
(Line 1 multiplied by Line 4a, 4e, or 4fas applicable, divided by 1,000)
$ 0
(5)
6
Adjusted millage rate (Only if Line 3 is greater than plus or minus 1%)
(Line 5 divided by Line 2 multiplied by 1,000)
0.0000 per $1000
(6)
MSTUs, DEPENDENT SPECIAL DISTRICTS, and INDEPENDENT SPECIAL DISTRICTS may adjust the non -voted millage rate only if
the percentage on Line 3 is greater than plus or minus 3% (s. 200.065(6), F.S.)
7
Unadjusted gross ad valorem proceeds
(Line 1 multiplied by Line 4b, 4c, or 4d as applicable, divided by 1,000)
$ 0
(7)
8
Adjusted Millage rate (Only if Line 3 is greater than plus or minus 3%)
(Line 7 divided by Line 2, multiplied by 1,000)
0.0000 per $1000
(8)
S
/
G
N
H
E
R
E
Taxing Authority Certification
I certify the millages and rates are correct to the best of my knowledge. The millages
comply with the provisions of s. 200.065 and the provisions of either s. 200.071 or s.
200.081, F.S.
Signature of Chief Administrative Officer :
Date :
Title :
CHRISTINA CRESPI, CEO/EXECUTIVE DIRECTOR
Contact Name and Contact Title :
IVONNE BERRIOS, COO/CFO
Mailing Address :
200 S. BISCAYNE BLVD, STE 2929
Physical Address :
200 S. BISCAYNE BLVD., SUITE 2929
City, State, Zip :
MIAMI, FL 33131
Phone Number :
(305)579-6675
Fax Number :
(305)371-2423
INSTRUCTIONS
SECTION I: Property Appraiser
1. Initiate a separate DR-422 form for each DR-420, Certification of Taxable Value, and DR-420S, Certification of School
Taxable Value, submitted.
2. Complete Section 1 and sign.
3. Send the original to the taxing authority and keep a copy.
SECTION II: Taxing Authority
1. Complete Section II and sign.
2. Return the original to the property appraiser.
3. Keep a copy for your records.
4. Send a copy to the tax collector.
5. Send a copy with the DR-487, Certification of Compliance, to the Department of Revenue at the address below. Send
separately if the DR-487 was previously sent to the Department.
Florida Department of Revenue
Property Tax Oversight - TRIM Section
P. O. Box 3000
Tallahassee, Florida 32315 - 3000
All taxing authorities must complete Line 4, millages adopted by resolution/ordinance at final budget hearing.
Counties, municipalities, schools, and water management districts may complete Line 5 and Line 6 only when Line 3 is greater than plus or
minus 1%. (s. 200.065(6), F.S.)
MSTUs, dependent special districts, and independent special districts may adjust the non -voted millage rate only when Line 3 is greater than
plus or minus 3%. (s. 200.065(6), F.S.)
Adjusted millage rate must comply with statutes. The adjusted millage rate entered on Line 6 or Line 8 cannot exceed the rate allowed by other
provisions of law or the state constitution.
Multi -county and water management districts must complete a separate DR-422 for each county.
All TRIM forms for taxing authorities are available on our website at
http://dor.myflorida.com/dor/property/trim
The 2022 Florida Statutes
Title XIV
TAXATION AND FINANCE
Select Year: 2022 v
Go
Chapter 200
DETERMINATION OF MILLAGE
View Entire Chapter
200.065 Method of fixing millage.—
(1) Upon completion of the assessment of all property pursuant to s. 193.023, the property appraiser shall certify to each taxing
authority the taxable value within the jurisdiction of the taxing authority. This certification shall include a copy of the statement
required to be submitted under s. 195.073(3), as applicable to that taxing authority. The form on which the certification is made shall
include instructions to each taxing authority describing the proper method of computing a millage rate which, exclusive of new
construction, additions to structures, deletions, increases in the value of improvements that have undergone a substantial rehabilitation
which increased the assessed value of such improvements by at least 100 percent, property added due to geographic boundary changes,
total taxable value of tangible personal property within the jurisdiction in excess of 115 percent of the previous year's total taxable
value, and any dedicated increment value, will provide the same ad valorem tax revenue for each taxing authority as was levied during
the prior year less the amount, if any, paid or applied as a consequence of an obligation measured by the dedicated increment value.
That millage rate shall be known as the "rolled -back rate." The property appraiser shall also include instructions, as prescribed by the
Department of Revenue, to each county and municipality, each special district dependent to a county or municipality, each municipal
service taxing unit, and each independent special district describing the proper method of computing the millage rates and taxes levied
as specified in subsection (5). The Department of Revenue shall prescribe the instructions and forms that are necessary to administer
this subsection and subsection (5). The information provided pursuant to this subsection shall also be sent to the tax collector by the
property appraiser at the time it is sent to each taxing authority.
(2) No millage shall be levied until a resolution or ordinance has been approved by the governing board of the taxing authority
which resolution or ordinance must be approved by the taxing authority according to the following procedure:
(a)1. Upon preparation of a tentative budget, but prior to adoption thereof, each taxing authority shall compute a proposed millage
rate necessary to fund the tentative budget other than the portion of the budget to be funded from sources other than ad valorem
taxes. In computing proposed or final millage rates, each taxing authority shall utilize not less than 95 percent of the taxable value
certified pursuant to subsection (1).
2. The tentative budget of the county commission shall be prepared and submitted in accordance with s. 129.03.
3. The tentative budget of the school district shall be prepared and submitted in accordance with chapter 1011, provided that the
date of submission shall not be later than 24 days after certification of value pursuant to subsection (1).
4. Taxing authorities other than the county and school district shall prepare and consider tentative and final budgets in accordance
with this section and applicable provisions of law, including budget procedures applicable to the taxing authority, provided such
procedures do not conflict with general law.
(b) Within 35 days of certification of value pursuant to subsection (1), each taxing authority shall advise the property appraiser of
its proposed millage rate, of its rolled -back rate computed pursuant to subsection (1), and of the date, time, and place at which a
public hearing will be held to consider the proposed millage rate and the tentative budget. The property appraiser shall utilize this
information in preparing the notice of proposed property taxes pursuant to s. 200.069. The deadline for mailing the notice shall be the
later of 55 days after certification of value pursuant to subsection (1) or 10 days after either the date the tax roll is approved or the
interim roll procedures under s. 193.1145 are instituted. However, for counties for which a state of emergency was declared by
executive order or proclamation of the Governor pursuant to chapter 252, if mailing is not possible during the state of emergency, the
property appraiser may post the notice on the county's website. If the deadline for mailing the notice of proposed property taxes is 10
days after the date the tax roll is approved or the interim roll procedures are instituted, all subsequent deadlines provided in this
section shall be extended. In addition, the deadline for mailing the notice may be extended for 30 days in counties for which a state of
emergency was declared by executive order or proclamation of the Governor pursuant to chapter 252, and property appraisers may use
alternate methods of distribution only when mailing the notice is not possible. In such event, however, property appraisers must work
with county tax collectors to ensure the timely assessment and collection of taxes. The number of days by which the deadlines shall be
extended shall equal the number of days by which the deadline for mailing the notice of proposed taxes is extended beyond 55 days
after certification. If any taxing authority fails to provide the information required in this paragraph to the property appraiser in a
timely fashion, the taxing authority shall be prohibited from levying a millage rate greater than the rolled -back rate computed pursuant
to subsection (1) for the upcoming fiscal year, which rate shall be computed by the property appraiser and used in preparing the notice
of proposed property taxes. Each multicounty taxing authority that levies taxes in any county that has extended the deadline for
mailing the notice due to a declared state of emergency and that has noticed hearings in other counties must advertise the hearing at
which it intends to adopt a tentative budget and millage rate in a newspaper of general paid circulation within each county not less
than 2 days or more than 5 days before the hearing.
(c) Within 80 days of the certification of value pursuant to subsection (1), but not earlier than 65 days after certification, the
governing body of each taxing authority shall hold a public hearing on the tentative budget and proposed millage rate. Prior to the
conclusion of the hearing, the governing body of the taxing authority shall amend the tentative budget as it sees fit, adopt the
amended tentative budget, recompute its proposed millage rate, and publicly announce the percent, if any, by which the recomputed
proposed millage rate exceeds the rolled -back rate computed pursuant to subsection (1). That percent shall be characterized as the
percentage increase in property taxes tentatively adopted by the governing body.
(d) Within 15 days after the meeting adopting the tentative budget, the taxing authority shall advertise in a newspaper of general
circulation in the county as provided in subsection (3), its intent to finally adopt a millage rate and budget. A public hearing to finalize
the budget and adopt a millage rate shall be held not less than 2 days nor more than 5 days after the day that the advertisement is first
published. In the event of a need to postpone or recess the final meeting due to a declared state of emergency, the taxing authority
may postpone or recess the hearing for up to 7 days and shall post a prominent notice at the place of the original hearing showing the
date, time, and place where the hearing will be reconvened. The posted notice shall measure not less than 8.5 by 11 inches. The taxing
authority shall make every reasonable effort to provide reasonable notification of the continued hearing to the taxpayers. The
information must also be posted on the taxing authority's website. During the hearing, the governing body of the taxing authority shall
amend the adopted tentative budget as it sees fit, adopt a final budget, and adopt a resolution or ordinance stating the millage rate to
be levied. The resolution or ordinance shall state the percent, if any, by which the millage rate to be levied exceeds the rolled -back
rate computed pursuant to subsection (1), which shall be characterized as the percentage increase in property taxes adopted by the
governing body. The adoption of the budget and the millage-levy resolution or ordinance shall be by separate votes. For each taxing
authority levying millage, the name of the taxing authority, the rolled -back rate, the percentage increase, and the millage rate to be
levied shall be publicly announced before the adoption of the millage-levy resolution or ordinance. In no event may the millage rate
adopted pursuant to this paragraph exceed the millage rate tentatively adopted pursuant to paragraph (c). If the rate tentatively
adopted pursuant to paragraph (c) exceeds the proposed rate provided to the property appraiser pursuant to paragraph (b), or as
subsequently adjusted pursuant to subsection (11), each taxpayer within the jurisdiction of the taxing authority shall be sent notice by
first-class mail of his or her taxes under the tentatively adopted millage rate and his or her taxes under the previously proposed rate.
The notice must be prepared by the property appraiser, at the expense of the taxing authority, and must generally conform to the
requirements of s. 200.069. If such additional notice is necessary, its mailing must precede the hearing held pursuant to this paragraph
by not less than 10 days and not more than 15 days.
(e)1. In the hearings required pursuant to paragraphs (c) and (d), the first substantive issue discussed shall be the percentage
increase in millage over the rolled -back rate necessary to fund the budget, if any, and the specific purposes for which ad valorem tax
revenues are being increased. During such discussion, the governing body shall hear comments regarding the proposed increase and
explain the reasons for the proposed increase over the rolled -back rate. The general public shall be allowed to speak and to ask
questions before adoption of any measures by the governing body. The governing body shall adopt its tentative or final millage rate
before adopting its tentative or final budget.
2. These hearings shall be held after 5 p.m. if scheduled on a day other than Saturday. No hearing shall be held on a Sunday. The
county commission shall not schedule its hearings on days scheduled for hearings by the school board. The hearing dates scheduled by
the county commission and school board shall not be utilized by any other taxing authority within the county for its public hearings.
However, in counties for which a state of emergency was declared by executive order or proclamation of the Governor pursuant to
chapter 252 and the rescheduling of hearings on the same day is unavoidable, the county commission and school board must conduct
their hearings at different times, and other taxing authorities must schedule their hearings so as not to conflict with the times of the
county commission and school board hearings. A multicounty taxing authority shall make every reasonable effort to avoid scheduling
hearings on days utilized by the counties or school districts within its jurisdiction. Tax levies and budgets for dependent special taxing
districts shall be adopted at the hearings for the taxing authority to which such districts are dependent, following such discussion and
adoption of levies and budgets for the superior taxing authority. A taxing authority may adopt the tax levies for all of its dependent
special taxing districts, and may adopt the budgets for all of its dependent special taxing districts, by a single unanimous vote.
However, if a member of the general public requests that the tax levy or budget of a dependent special taxing district be separately
discussed and separately adopted, the taxing authority shall discuss and adopt that tax levy or budget separately. If, due to
circumstances beyond the control of the taxing authority, including a state of emergency declared by executive order or proclamation
of the Governor pursuant to chapter 252, the hearing provided for in paragraph (c) or paragraph (d) is recessed or postponed, the taxing
authority shall publish a notice in a newspaper of general paid circulation in the county. The notice shall state the time and place for
the continuation of the hearing and shall be published at least 2 days but not more than 5 days before the date the hearing will be
continued. In the event of postponement or recess due to a declared state of emergency, all subsequent dates in this section shall be
extended by the number of days of the postponement or recess. Notice of the postponement or recess must be in writing by the
affected taxing authority to the tax collector, the property appraiser, and the Department of Revenue within 3 calendar days after the
postponement or recess. In the event of such extension, the affected taxing authority must work with the county tax collector and
property appraiser to ensure timely assessment and collection of taxes.
(f)1. Notwithstanding any provisions of paragraph (c) to the contrary, each school district shall advertise its intent to adopt a
tentative budget in a newspaper of general circulation pursuant to subsection (3) within 29 days of certification of value pursuant to
subsection (1). Not less than 2 days or more than 5 days thereafter, the district shall hold a public hearing on the tentative budget
pursuant to the applicable provisions of paragraph (c). In the event of postponement or recess due to a declared state of emergency,
the school district may postpone or recess the hearing for up to 7 days and shall post a prominent notice at the place of the original
hearing showing the date, time, and place where the hearing will be reconvened. The posted notice shall measure not less than 8.5 by
11 inches. The school district shall make every reasonable effort to provide reasonable notification of the continued hearing to the
taxpayers. The information must also be posted on the school district's website.
2. Notwithstanding any provisions of paragraph (b) to the contrary, each school district shall advise the property appraiser of its
recomputed proposed millage rate within 35 days of certification of value pursuant to subsection (1). The recomputed proposed millage
rate of the school district shall be considered its proposed millage rate for the purposes of paragraph (b).
3. Notwithstanding any provisions of paragraph (d) to the contrary, each school district shall hold a public hearing to finalize the
budget and adopt a millage rate within 80 days of certification of value pursuant to subsection (1), but not earlier than 65 days after
certification. The hearing shall be held in accordance with the applicable provisions of paragraph (d), except that a newspaper
advertisement need not precede the hearing.
(g) Notwithstanding other provisions of law to the contrary, a taxing authority may:
1. Expend moneys based on its tentative budget after adoption pursuant to paragraph (c) and until such time as its final budget is
adopted pursuant to paragraph (d), only if the fiscal year of the taxing authority begins prior to adoption of the final budget or, in the
case of a school district, if the fall term begins prior to adoption of the final budget; or
2. Readopt its prior year's adopted final budget, as amended, and expend moneys based on that budget until such time as its
tentative budget is adopted pursuant to paragraph (c), only if the fiscal year of the taxing authority begins prior to adoption of the
tentative budget. The readopted budget shall be adopted by resolution without notice pursuant to this section at a duly constituted
meeting of the governing body.
(3) The advertisement shall be published as provided in chapter 50. If the advertisement is published in the print edition of a
newspaper, the advertisement must be no less than one -quarter page in size of a standard size or a tabloid size newspaper, and the
headline in the advertisement shall be in a type no smaller than 18 point. The advertisement shall not be placed in that portion of the
newspaper where legal notices and classified advertisements appear. The advertisement shall be published in a newspaper in the county
or in a geographically limited insert of such newspaper. The geographic boundaries in which such insert is circulated shall include the
geographic boundaries of the taxing authority. It is the legislative intent that, whenever possible, the advertisement appear in a
newspaper that is published at least weekly unless the only newspaper in the county is published less than weekly, or that the
advertisement appear in a geographically limited insert of such newspaper which insert is published throughout the taxing authority's
jurisdiction at least twice each week. It is further the legislative intent that the newspaper selected be one of general interest and
readership in the community pursuant to chapter 50.
(a) For taxing authorities other than school districts which have tentatively adopted a millage rate in excess of 100 percent of the
rolled -back rate computed pursuant to subsection (1), the advertisement shall be in the following form:
NOTICE OF PROPOSED TAX INCREASE
The (name of the taxing authority) has tentatively adopted a measure to increase its property tax levy.
Last year's property tax levy:
A. Initially proposed tax levy $XX,XXX,XXX
B. Less tax reductions due to Value Adjustment Board and other assessment changes ($XX,XXX,XXX)
C. Actual property tax levy $XX,XXX,XXX
This year's proposed tax levy $XX,XXX,XXX
All concerned citizens are invited to attend a public hearing on the tax increase to be held on (date and time) at _(meeting -place)_.
A FINAL DECISION on the proposed tax increase and the budget will be made at this hearing.
(b) In all instances in which the provisions of paragraph (a) are inapplicable for taxing authorities other than school districts, the
advertisement shall be in the following form:
NOTICE OF BUDGET HEARING
The _(name of taxing authority) has tentatively adopted a budget for _(fiscal year)_. A public hearing to make a FINAL DECISION on the budget
AND TAXES will be held on (date and time) at _(meeting place)_.
(c) For school districts which have proposed a millage rate in excess of 100 percent of the rolled -back rate computed pursuant to
subsection (1) and which propose to levy nonvoted millage in excess of the minimum amount required pursuant to s. 1011.60(6), the
advertisement shall be in the following form:
NOTICE OF PROPOSED TAX INCREASE
The (name of school district) will soon consider a measure to increase its property tax levy.
Last year's property tax levy:
A. Initially proposed tax levy $XX,XXX,XXX
B. Less tax reductions due to Value Adjustment Board and other assessment changes ($XX,XXX,XXX)
C. Actual property tax levy $XX,XXX,XXX
This year's proposed tax levy $XX,XXX,XXX
A portion of the tax levy is required under state law in order for the school board to receive $ (amount A) in state education grants.
The required portion has _(increased or decreased) by _(amount B) percent and represents approximately _(amount C) of the total proposed
taxes.
The remainder of the taxes is proposed solely at the discretion of the school board.
All concerned citizens are invited to a public hearing on the tax increase to be held on (date and time) at _(meeting place)_.
A DECISION on the proposed tax increase and the budget will be made at this hearing.
1. AMOUNT A shall be an estimate, provided by the Department of Education, of the amount to be received in the current fiscal
year by the district from state appropriations for the Florida Education Finance Program.
2. AMOUNT B shall be the percent increase over the rolled -back rate necessary to levy only the required local effort in the current
fiscal year, computed as though in the preceding fiscal year only the required local effort was levied.
3. AMOUNT C shall be the quotient of required local -effort millage divided by the total proposed nonvoted millage, rounded to the
nearest tenth and stated in words; however, the stated amount shall not exceed nine -tenths.
(d) For school districts which have proposed a millage rate in excess of 100 percent of the rolled -back rate computed pursuant to
subsection (1) and which propose to levy as nonvoted millage only the minimum amount required pursuant to s. 1011.60(6), the
advertisement shall be the same as provided in paragraph (c), except that the second and third paragraphs shall be replaced with the
following paragraph:
This increase is required under state law in order for the school board to receive $ (amount A) in state education grants.
(e) In all instances in which the provisions of paragraphs (c) and (d) are inapplicable for school districts, the advertisement shall be
in the following form:
NOTICE OF BUDGET HEARING
The (name of school district) will soon consider a budget for _(fiscal year)_. A public hearing to make a DECISION on the budget AND TAXES
will be held on (date and time) at _(meeting place)_.
(f) In lieu of publishing the notice set out in this subsection, the taxing authority may mail a copy of the notice to each elector
residing within the jurisdiction of the taxing authority.
(g) In the event that the mailing of the notice of proposed property taxes is delayed beyond September 3 in a county, any
multicounty taxing authority which levies ad valorem taxes within that county shall advertise its intention to adopt a tentative budget
and millage rate in a newspaper within that county which meets the requirements of chapter 50, as provided in this subsection, and
shall hold the hearing required pursuant to paragraph (2)(c) not less than 2 days or more than 5 days thereafter, and not later than
September 18. The advertisement shall be in the following form, unless the proposed millage rate is less than or equal to the rolled -
back rate, computed pursuant to subsection (1), in which case the advertisement shall be as provided in paragraph (e):
NOTICE OF TAX INCREASE
The _(name of the taxing authority) proposes to increase its property tax levy by (percentage of increase over rolled -back rate) percent.
All concerned citizens are invited to attend a public hearing on the proposed tax increase to be held on (date and timeL at _(meeting
place)_.
(h) In no event shall any taxing authority add to or delete from the language of the advertisements as specified herein unless
expressly authorized by law, except that, if an increase in ad valorem tax rates will affect only a portion of the jurisdiction of a taxing
authority, advertisements may include a map or geographical description of the area to be affected and the proposed use of the tax
revenues under consideration. In addition, if published in the print edition of the newspaper, the map must be included in the online
advertisement required by s. 50.0211. The advertisements required herein shall not be accompanied, preceded, or followed by other
advertising or notices which conflict with or modify the substantive content prescribed herein.
(i) The advertisements required pursuant to paragraphs (b) and (e) need not be one -quarter page in size or have a headline in type
no smaller than 18 point.
(j) The amounts to be published as percentages of increase over the rolled -back rate pursuant to this subsection shall be based on
aggregate millage rates and shall exclude voted millage levies unless expressly provided otherwise in this subsection.
(k) Any taxing authority which will levy an ad valorem tax for an upcoming budget year but does not levy an ad valorem tax
currently shall, in the advertisement specified in paragraph (a), paragraph (c), paragraph (d), or paragraph (g), replace the phrase
"increase its property tax levy by (percentage of increase over rolled -back rate) percent" with the phrase "impose a new property tax levy of
$_(amount)_ per $1,000 value."
(l) Any advertisement required pursuant to this section shall be accompanied by an adjacent notice meeting the budget summary
requirements of s. 129.03(3)(b). Except for those taxing authorities proposing to levy ad valorem taxes for the first time, the following
statement shall appear in the budget summary in boldfaced type immediately following the heading, if the applicable percentage is
greater than zero:
THE PROPOSED OPERATING BUDGET EXPENDITURES OF _(name of taxing authority) ARE _(percent rounded to one decimal place) MORE THAN LAST
YEAR'S TOTAL OPERATING EXPENDITURES.
For purposes of this paragraph, "proposed operating budget expenditures" or "operating expenditures" means all moneys of the local
government, including dependent special districts, that:
1. Were or could be expended during the applicable fiscal year, or
2. Were or could be retained as a balance for future spending in the fiscal year.
Provided, however, those moneys held in or used in trust, agency, or internal service funds, and expenditures of bond proceeds for
capital outlay or for advanced refunded debt principal, shall be excluded.
(4) The resolution or ordinance approved in the manner provided for in this section shall be forwarded to the property appraiser and
the tax collector within 3 days after the adoption of such resolution or ordinance. No millage other than that approved by referendum
may be levied until the resolution or ordinance to levy required in subsection (2) is approved by the governing board of the taxing
authority and submitted to the property appraiser and the tax collector. The receipt of the resolution or ordinance by the property
appraiser shall be considered official notice of the millage rate approved by the taxing authority, and that millage rate shall be the rate
applied by the property appraiser in extending the rolls pursuant to s. 193.122, subject to the provisions of subsection (6). These
submissions shall be made within 101 days of certification of value pursuant to subsection (1).
(5) In each fiscal year:
(a) The maximum millage rate that a county, municipality, special district dependent to a county or municipality, municipal service
taxing unit, or independent special district may levy is a rolled -back rate based on the amount of taxes which would have been levied in
the prior year if the maximum millage rate had been applied, adjusted for change in per capita Florida personal income, unless a higher
rate was adopted, in which case the maximum is the adopted rate. The maximum millage rate applicable to a county authorized to levy
a county public hospital surtax under s. 212.055 and which did so in fiscal year 2007 shall exclude the revenues required to be
contributed to the county public general hospital in the current fiscal year for the purposes of making the maximum millage rate
calculation, but shall be added back to the maximum millage rate allowed after the roll back has been applied, the total of which shall
be considered the maximum millage rate for such a county for purposes of this subsection. The revenue required to be contributed to
the county public general hospital for the upcoming fiscal year shall be calculated as 11.873 percent times the millage rate levied for
countywide purposes in fiscal year 2007 times 95 percent of the preliminary tax roll for the upcoming fiscal year. A higher rate may be
adopted only under the following conditions:
1. A rate of not more than 110 percent of the rolled -back rate based on the previous year's maximum millage rate, adjusted for
change in per capita Florida personal income, may be adopted if approved by a two-thirds vote of the membership of the governing
body of the county, municipality, or independent district; or
2. A rate in excess of 110 percent may be adopted if approved by a unanimous vote of the membership of the governing body of the
county, municipality, or independent district or by a three -fourths vote of the membership of the governing body if the governing body
has nine or more members, or if the rate is approved by a referendum.
(b) The millage rate of a county or municipality, municipal service taxing unit of that county, and any special district dependent to
that county or municipality may exceed the maximum millage rate calculated pursuant to this subsection if the total county ad valorem
taxes levied or total municipal ad valorem taxes levied do not exceed the maximum total county ad valorem taxes levied or maximum
total municipal ad valorem taxes levied respectively. Voted millage and taxes levied by a municipality or independent special district
that has levied ad valorem taxes for less than 5 years are not subject to this limitation. The millage rate of a county authorized to levy
a county public hospital surtax under s. 212.055 may exceed the maximum millage rate calculated pursuant to this subsection to the
extent necessary to account for the revenues required to be contributed to the county public hospital. Total taxes levied may exceed
the maximum calculated pursuant to subsection (6) as a result of an increase in taxable value above that certified in subsection (1) if
such increase is less than the percentage amounts contained in subsection (6) or if the administrative adjustment cannot be made
because the value adjustment board is still in session at the time the tax roll is extended; otherwise, millage rates subject to this
subsection may be reduced so that total taxes levied do not exceed the maximum.
Any unit of government operating under a home rule charter adopted pursuant to ss. 10, 11, and 24, Art. VIII of the State Constitution
of 1885, as preserved by s. 6(e), Art. VIII of the State Constitution of 1968, which is granted the authority in the State Constitution to
exercise all the powers conferred now or hereafter by general law upon municipalities and which exercises such powers in the
unincorporated area shall be recognized as a municipality under this subsection. For a downtown development authority established
before the effective date of the 1968 State Constitution which has a millage that must be approved by a municipality, the governing
body of that municipality shall be considered the governing body of the downtown development authority for purposes of this
subsection.
(6) Prior to extension of the rolls pursuant to s. 193.122, the property appraiser shall notify each taxing authority of the aggregate
change in the assessment roll, if any, from that certified pursuant to subsection (1), including, but not limited to, those changes which
result from actions by the value adjustment board or from corrections of errors in the assessment roll. Municipalities, counties, school
boards, and water management districts may adjust administratively their adopted millage rate without a public hearing if the taxable
value within the jurisdiction of the taxing authority as certified pursuant to subsection (1) is at variance by more than 1 percent with
the taxable value shown on the roll to be extended. Any other taxing authority may adjust administratively its adopted millage rate
without a public hearing if the taxable value within the jurisdiction of the taxing authority as certified pursuant to subsection (1) is at
variance by more than 3 percent with the taxable value shown on the roll to be extended. The adjustment shall be such that the taxes
computed by applying the adopted rate against the certified taxable value are equal to the taxes computed by applying the adjusted
adopted rate to the taxable value on the roll to be extended. However, no adjustment shall be made to levies required by law to be a
specific millage amount. Not later than 3 days after receipt of notification pursuant to this subsection, each affected taxing authority
shall certify to the property appraiser its adjusted adopted rate. Failure to so certify shall constitute waiver of the adjustment
privilege.
(7) Nothing contained in this section shall serve to extend or authorize any millage in excess of the maximum millage permitted by
law or prevent the reduction of millage.
(8) The property appraiser shall deliver to the presiding officer of each taxing authority within the county, on June 1, an estimate of
the total assessed value of nonexempt property for the current year for budget planning purposes.
(9) Multicounty taxing authorities are subject to the provisions of this section. The term "taxable value" means the taxable value of
all property subject to taxation by the authority. If a multicounty taxing authority has not received a certification pursuant to
subsection (1) from a county by July 15, it shall compute its proposed millage rate and rolled -back rate based upon estimates of taxable
value supplied by the Department of Revenue. All dates for public hearings and advertisements specified in this section shall, with
respect to multicounty taxing authorities, be computed as though certification of value pursuant to subsection (1) were made July 1.
The multicounty district shall add the following sentence to the advertisement set forth in paragraphs (3)(a) and (g): This tax increase
is applicable to (name of county or counties) .
(10)(a) In addition to the notice required in subsection (3), a district school board shall publish a second notice of intent to levy
additional taxes under s. 1011.71(2) or (3). The notice shall specify the projects or number of school buses anticipated to be funded by
the additional taxes and shall be published in the size, within the time periods, adjacent to, and in substantial conformity with the
advertisement required under subsection (3). The projects shall be listed in priority within each category as follows: construction and
remodeling; maintenance, renovation, and repair; motor vehicle purchases; new and replacement equipment; payments for educational
facilities and sites due under a lease -purchase agreement; payments for renting and leasing educational facilities and sites; payments
of loans approved pursuant to ss. 1011.14 and 1011.15; payment of costs of compliance with environmental statutes and regulations;
payment of premiums for property and casualty insurance necessary to insure the educational and ancillary plants of the school district;
payment of costs of leasing relocatable educational facilities; and payments to private entities to offset the cost of school buses
pursuant to s. 1011.71(2)(i). The additional notice shall be in the following form, except that if the district school board is proposing to
levy the same millage under s. 1011.71(2) or (3) which it levied in the prior year, the words "continue to" shall be inserted before the
word "impose" in the first sentence, and except that the second sentence of the second paragraph shall be deleted if the district is
advertising pursuant to paragraph (3)(e):
NOTICE OF TAX FOR SCHOOL
CAPITAL OUTLAY
The (name of school district) will soon consider a measure to impose a _(number)_ mill property tax for the capital outlay projects listed
herein.
This tax is in addition to the school board's proposed tax of _(number)_ mills for operating expenses and is proposed solely at the
discretion of the school board. THE PROPOSED COMBINED SCHOOL BOARD TAX INCREASE FOR BOTH OPERATING EXPENSES AND CAPITAL
OUTLAY IS SHOWN IN THE ADJACENT NOTICE.
The capital outlay tax will generate approximately $_(amount)_, to be used for the following projects:
_(list of capital outlay projects)
All concerned citizens are invited to a public hearing to be held on (date and time) at _(meeting place)_.
A DECISION on the proposed CAPITAL OUTLAY TAXES will be made at this hearing.
(b) In the event a school district needs to amend the list of capital outlay projects previously advertised and adopted, a notice of
intent to amend the notice of tax for school capital outlay shall be published in conformity with the advertisement required in
subsection (3). A public hearing to adopt the amended project list shall be held not less than 2 days nor more than 5 days after the day
the advertisement is first published. The projects should be listed under each category of new, amended, or deleted projects in the
same order as required in paragraph (a). The notice shall appear in the following form, except that any of the categories of new,
amended, or deleted projects may be omitted if not appropriate for the changes proposed:
AMENDED NOTICE OF TAX FOR
SCHOOL CAPITAL OUTLAY
The School Board of _(name)_ County will soon consider a measure to amend the use of property tax for the capital outlay projects
previously advertised for the _(year)_ to _(year)_ school year.
New projects to be funded:
Amended projects to be funded:
Projects to be deleted:
_(list of capital outlay projects)
(list of capital outlay projects)
(list of capital outlay projects)
All concerned citizens are invited to a public hearing to be held on (date and time) at _(meeting -place)_.
A DECISION on the proposed amendment to the projects funded from CAPITAL OUTLAY TAXES will be made at this meeting.
(11) Notwithstanding the provisions of paragraph (2)(b) and s. 200.069(4)(f) to the contrary, the proposed millage rates provided to
the property appraiser by the taxing authority, except for millage rates adopted by referendum, for rates authorized by s. 1011.71, and
for rates required by law to be in a specified millage amount, shall be adjusted in the event that a review notice is issued pursuant to s.
193.1142(4) and the taxable value on the approved roll is at variance with the taxable value certified pursuant to subsection (1). The
adjustment shall be made by the property appraiser, who shall notify the taxing authorities affected by the adjustment within 5 days of
the date the roll is approved pursuant to s. 193.1142(4). The adjustment shall be such as to provide for no change in the dollar amount
of taxes levied from that initially proposed by the taxing authority.
(12) The time periods specified in this section shall be determined by using the date of certification of value pursuant to subsection
(1) or July 1, whichever date is later, as day 1. The time periods shall be considered directory and may be shortened, provided:
(a) No public hearing which is preceded by a mailed notice occurs earlier than 10 days following the mailing of such notice;
(b) Any public hearing preceded by a newspaper advertisement is held not less than 2 days or more than 5 days following
publication of such advertisement; and
(c) The property appraiser coordinates such shortening of time periods and gives written notice to all affected taxing authorities;
however, no taxing authority shall be denied its right to the full time periods allowed in this section.
(13)(a) Any taxing authority in violation of this section, other than subsection (5), shall be subject to forfeiture of state funds
otherwise available to it for the 12 months following a determination of noncompliance by the Department of Revenue.
(b) Within 30 days of the deadline for certification of compliance required by s. 200.068, the department shall notify any taxing
authority in violation of this section, other than subsection (5), that it is subject to paragraph (c). Except for revenues from voted levies
or levies imposed pursuant to s. 1011.60(6), the revenues of any taxing authority in violation of this section, other than subsection (5),
collected in excess of the rolled -back rate shall be held in escrow until the process required by paragraph (c) is completed and
approved by the department. The department shall direct the tax collector to so hold such funds.
(c) Any taxing authority so noticed by the department shall repeat the hearing and notice process required by paragraph (2)(d),
except that:
1. The advertisement shall appear within 15 days of notice from the department.
2. The advertisement, in addition to meeting the requirements of subsection (3), shall contain the following statement in boldfaced
type immediately after the heading:
THE PREVIOUS NOTICE PLACED BY THE (name of taxing authority) HAS BEEN DETERMINED BY THE DEPARTMENT OF REVENUE TO BE IN
VIOLATION OF THE LAW, NECESSITATING THIS SECOND NOTICE.
3. The millage newly adopted at this hearing shall not be forwarded to the tax collector or property appraiser and may not exceed
the rate previously adopted.
4. If the newly adopted millage is less than the amount previously forwarded pursuant to subsection (4), any moneys collected in
excess of the new levy shall be held in reserve until the subsequent fiscal year and shall then be utilized to reduce ad valorem taxes
otherwise necessary.
(d) If any county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such
county is in violation of subsection (5) because total county or municipal ad valorem taxes exceeded the maximum total county or
municipal ad valorem taxes, respectively, that county or municipality shall forfeit the distribution of local government half -cent sales
tax revenues during the 12 months following a determination of noncompliance by the Department of Revenue as described in s.
218.63(3) and this subsection. If the executive director of the Department of Revenue determines that any county or municipality,
dependent special district of such county or municipality, or municipal service taxing unit of such county is in violation of subsection
(5), the Department of Revenue and the county or municipality, dependent special district of such county or municipality, or municipal
service taxing unit of such county shall follow the procedures set forth in this paragraph or paragraph (e). During the pendency of any
procedure under paragraph (e) or any administrative or judicial action to challenge any action taken under this subsection, the tax
collector shall hold in escrow any revenues collected by the noncomplying county or municipality, dependent special district of such
county or municipality, or municipal service taxing unit of such county in excess of the amount allowed by subsection (5), as determined
by the executive director. Such revenues shall be held in escrow until the process required by paragraph (e) is completed and approved
by the department. The department shall direct the tax collector to so hold such funds. If the county or municipality, dependent special
district of such county or municipality, or municipal service taxing unit of such county remedies the noncompliance, any moneys
collected in excess of the new levy or in excess of the amount allowed by subsection (5) shall be held in reserve until the subsequent
fiscal year and shall then be used to reduce ad valorem taxes otherwise necessary. If the county or municipality, dependent special
district of such county or municipality, or municipal service taxing unit of such county does not remedy the noncompliance, the
provisions of s. 218.63 shall apply.
(e) The following procedures shall be followed when the executive director notifies any county or municipality, dependent special
district of such county or municipality, or municipal service taxing unit of such county that he or she has determined that such taxing
authority is in violation of subsection (5):
1. Within 30 days after the deadline for certification of compliance required by s. 200.068, the executive director shall notify any
such county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county of
his or her determination regarding subsection (5) and that such taxing authority is subject to subparagraph 2.
2. Any taxing authority so noticed by the executive director shall repeat the hearing and notice process required by paragraph (2)
(d), except that:
a. The advertisement shall appear within 15 days after notice from the executive director.
b. The advertisement, in addition to meeting the requirements of subsection (3), must contain the following statement in boldfaced
type immediately after the heading:
THE PREVIOUS NOTICE PLACED BY THE (name of taxing authority) HAS BEEN DETERMINED BY THE DEPARTMENT OF REVENUE TO BE IN
VIOLATION OF THE LAW, NECESSITATING THIS SECOND NOTICE.
c. The millage newly adopted at such hearing shall not be forwarded to the tax collector or property appraiser and may not exceed
the rate previously adopted or the amount allowed by subsection (5). Each taxing authority provided notice pursuant to this paragraph
shall recertify compliance with this chapter as provided in this section within 15 days after the adoption of a millage at such hearing.
d. The determination of the executive director shall be superseded if the executive director determines that the county or
municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county has remedied the
noncompliance. Such noncompliance shall be determined to be remedied if any such taxing authority provided notice by the executive
director pursuant to this paragraph adopts a new millage that does not exceed the maximum millage allowed for such taxing authority
under paragraph (5)(a), or if any such county or municipality, dependent special district of such county or municipality, or municipal
service taxing unit of such county adopts a lower millage sufficient to reduce the total taxes levied such that total taxes levied do not
exceed the maximum as provided in paragraph (5)(b).
e. If any such county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of
such county has not remedied the noncompliance or recertified compliance with this chapter as provided in this paragraph, and the
executive director determines that the noncompliance has not been remedied or compliance has not been recertified, the county or
municipality shall forfeit the distribution of local government half -cent sales tax revenues during the 12 months following a
determination of noncompliance by the Department of Revenue as described in s. 218.63(2) and (3) and this subsection.
f. The determination of the executive director is not subject to chapter 120.
(14)(a) If the notice of proposed property taxes mailed to taxpayers under this section contains an error, the property appraiser, in
lieu of mailing a corrected notice to all taxpayers, may correct the error by mailing a short form of the notice to those taxpayers
affected by the error and its correction. The notice shall be prepared by the property appraiser at the expense of the taxing authority
which caused the error or at the property appraiser's expense if he or she caused the error. The form of the notice must be approved by
the executive director of the Department of Revenue or the executive director's designee. If the error involves only the date and time
of the public hearings required by this section, the property appraiser, with the permission of the taxing authority affected by the error,
may correct the error by advertising the corrected information in a newspaper of general circulation in the county as provided in
subsection (3).