HomeMy WebLinkAboutcover memoCITY OF MIAMI, FLORIDA.
INTER -OFFICE MEMORANDUM
6
TO :
FROM :
The Honorable
embers of e
Joe • rriola
Ci Manager
and
ity Co on
DATE :
SUBJECT:
REFERENCES:
ENCLOSURES:
FILE :
August 5, 2004
DDA FY 04-05
Appropriations Ordinance
For September 9, 2004
City Commission Meeting
Recommendation
It is respectfully requested that the City Commission approve the attached Appropriations
Ordinance for the Downtown Development Authority for the fiscal year beginning October 1,
2004 and ending September 30, 2005
Background
Chapter 14 of the City of Miami Code authorizes the City Commission to levy an additional ad
valorem tax on all real and personal property within the Downtown Development Authority
District for the purpose of financing the operations of the Downtown Development Authority.
The proposed DDA budget for the Fiscal Year 2004-2005 is based on an estimated increase in
revenues of $ 313,792.08 (9.77%) .
Attached for City Commission approval is an Appropriations Ordinance for the Downtown
Development Authority for the Fiscal Year beginning October 1, 2004 and ending September 30,
2005.
Encl.
AM/dv