HomeMy WebLinkAboutDiscussion ItemCity of Miami
Legislation
Discussion Item
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 05-00928 Final Action Date: 9/27/2005
DISCUSSION OF PROPOSED MILLAGE RATE AND TENTATIVE BUDGET FOR
THE DOWNTOWN DEVELOPMENT AUTHORITY
PERCENTAGE INCREASE IN MILLAGE OVER ROLLED BACK RATE.
RESPONSE TWENTY AND 83rdPERCENT (20.83%)
SPECIFIC PURPOSE FOR WHICH AD VALOREM TAX REVENUES ARE
BEING INCREASED.
RESPONSE:
PURPOSE: DOWNTOWN ECONOMIC DEVELOPMENT PROGRAMS
COST
$ 581,593
100
CITY COMMISSION LISTENS AND RESPONDS TO CITIZENS COMMENTS
REGARDING THE PROPOSED MILLAGE INCREASE AND EXPLAINS THE
REASONS FOR THE INCREASE OVER THE ROLLED BACK RATE.
ACTIONS BY THE CITY COMMISSION:
1. AMEND THE BUDGET, IF NECESSARY
2.RECOMPUTE THE PROPOSED MILLAGE RATE, IF NECESSARY
3.PUBLICLYANNOUNCE THE PERCENT BY WHICH THE RECOMPUTED
PROPOSED MILLAGE RATE EXCEEDS THE ROLLED BACK RATE
4.ADOPT THE FINAL MILLAGE RATE
5.ADOPT THE FINAL BUDGET
City of Miami
Page 1 of 1 File Id: 05-00928 (Version: 1) Printed On: 12/2/2016