HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
000
TO :
FROM :
DATE : ALE :
Honorable Mayor and June 16, 2004
r er hers of tJCity Commi ion r
Oe E
City
rriola
Manager
SUBJECT:
Computing a Proposed
Millage Rate
REFERENCES:
ENCLOSURES:
1
RECOMMENDATION
It is respectfully recommended that the City Commission approve the attached resolution computing
a proposed millage rate for the City of Miami in the Fiscal Year beginning October 1, 2004 and
ending September 30, 2005, and instructing the City Manager to submit said proposed millage rate
along with the date, time and place of the budget hearing to the Miami -Dade County Property Tax
Appraiser and the Tax Collector.
General Operating
Debt Service
Total Millage Rate
BACKGROUND
8.7625
1.0800
9.8425
According to the Sate of Florida's TRIM (Truth in Millage) law municipalities have to compute a
proposed millage rate and submit said rate to the Property Appraiser and the Tax Collector together
with the date, time and place of the public hearing at which the City Commission will consider said
proposed millage rate and tentative budget for said fiscal year.
JASImd