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HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM I-1 Q u • '• D FILE ID:9 Date: 8/28/2009 Requesting Department: Management & Budget Commission Meeting Date: 9J10/2009 District Impacted: All Law Department Type: ❑ Resolution 0 Ordinance ❑ Emergency Ordinance ❑ Discuss.ion Item I Matter ID No. [] Other Subject: Establishing FY 2009-2010 Millage Rate Purpose of Item: To establish millage rate for the fiscal year ending September 30, 2010 0T'Y10") at: General Operating: 7_6740 Debt Service_ 0.6595 Total Millage: 8.3335 Background Information: The proposed FYI millage rates for the City of Nliami (General Operating and Debt Service) ars outlined below: General Operating — The proposed FYI 0 millage rate for the City of Miami is 7.6740, which is equal to the current fiscal year. This proposed rate is lower than the rolled back rate of 8.991:8 by 14.66%_ Debt .Service — The proposed FYI 0 ;debt service millage rate for the City of Miami is 0_6595, which is higher than thecurrent fiscal year by 0.0792 mills or 13.6°10_ 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: CIP If using or receiving capital funds Grants Final Approvals (SIGN AND DATE) Budget Risk Managem Purchasing4 Dept. Director Chief City Manage 9_��o 2? Page 1 of i