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City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 05-00926 Final Action Date: 9/27/2005
FINAL PUBLIC HEARING TO DISCUSS THE PROPOSED MILLAGE RATE AND
TENTATIVE BUDGET FOR FISCAL YEAR 2005-2006
THE PROPOSED GENERAL OPERATING MILLAGE RATE OF 8.4995 FOR THE
CITY OF MIAMI FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2005 AND
ENDING SEPTEMBER 30, 2006 IS 18.92% HIGHER THAN ROLLED -BACK RATE
OF 7.1473.
SPECIFIC PURPOSE FOR WHICH AD VALOREM TAX REVENUES ARE BEING
INCREASED.
RESPONSE: TO ELIMINATE THE ANNUAL STRUCTURAL DEFICIT MATCHING
RECURRING ANNUAL EXPENSES WITH RECURRING ANNUAL REVENUES.
PURPOSE: TO FUND ANNUAL MUNICIPAL SERVICES INCLUDING BUT NOT
LIMITED TO POLICE, FIRE, AND SOLID WASTE.
COST
$ 37,555,419
0/0
100%
CITY COMMISSION LISTENS AND RESPONDS TO CITIZENS' COMMENTS
REGARDING THE PROPOSED MILLAGE RATE.
ACTIONS BY THE CITY COMMISSION:
1.AMEND THE ADOPTED TENTATIVE BUDGET, IF NECESSARY
2.RECOMPUTE THE FINAL MILLAGE RATE, IF
NECESSARY
3.ADOPT THE FINAL MILLAGE RATE
4.ADOPT THE FINAL BUDGET OR THE AMENDED
FINAL BUDGET AS NECESSARY
City of Miami
Page 1 of 1 File Id: 05-00926 (Version: 1) Printed On: 12/2/2016