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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-420TIF 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 6borLine 7efor all DR-420TIFforms)
$ 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 by Line 4, 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 Line23, 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 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, STOP 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 byline 18, divided by 1,000).
$ 0
(19)
20.
Total taxes levied at the maximum millage rate (Line 17multiplied byline 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
0 F.
a
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, STOP 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 byline 18, divided by 1,000)
$ 12,966,277
(19)
20.
Total taxes levied at the maximum millage rate (Line 17multiplied byline 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
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FLORIDA
CERTIFICATION OF FINAL TAXABLE VALUE
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
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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
0 x
E
r.
a
FLORIDA
CERTIFICATION OF FINAL TAXABLE VALUE
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