HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
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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?
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