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HomeMy WebLinkAboutSummary FormV\ ° .., AGENDA ITEM SUMMARY FORM .-0o-74o Fs FILE ID: G/ I Date: 119129Q9 Requesting Department: Management & Budget Commission Meeting Date: 7/23/2009 District Impacted: All Law Department Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item I Matter ID No. ❑ Other Subject: Setting; FY 2009-2010 Millage Rate Cap Purpose of Item: To establish millage rate caps for the fiscal year ending September 30, 2010 ("FY10") at: General Operating: XXXX Debt Service: 0.6595 Total Millage: XXXX Background Information: The proposed FY 2009-2010 millage rates for the City of Miami (General Operating and Debt Service) are outlined below: General Operating - The proposed FY 2009-2010 millage rate for the City of Miami is XXX which is higher than the current fiscal year by XXX mills or X%. Debt Service - The proposed FY 2009-2010 debt service millage rate for the City of Miami is 0.6595, j which is higher than the current fiscal year by 0.0792 mills or 13.6%. Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Final Approvals (SIGN AND DATE) CIP Budget _. If using or grebe vmg capital syn& Grants Risk Managemi nt Purchasing Dept. Director Chief ' IW 071J -O f City Manager_ Page 1 of I