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HomeMy WebLinkAboutLegislation\0 or. 7 _ City of Miami "° Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 05-00607 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED MILLAGE RATE, AS DESIGNATED HEREIN, FOR THE CITY OF MIAMI ("CITY"), FLORIDA, FOR FISCAL YEAR BEGINNING OCTOBER 1, 2005 AND ENDING SEPTEMBER 30, 2006; DIRECTING THE CITY MANAGER TO SUBMIT SAID PROPOSED MILLAGE RATE TO THE MIAMI-DADE COUNTY PROPERTY APPRAISER AND THE TAX COLLECTOR TOGETHER WITH THE DATE, TIME AND PLACE OF THE PUBLIC HEARING AT WHICH THE CITY COMMISSION WILL CONSIDER THE PROPOSED MILLAGE RATE AND THE CITY'S TENTATIVE BUDGET FOR SAID FISCAL YEAR, AS DESIGNATED HEREIN. WHEREAS, Section 200.065, Florida Statutes (1999) ("Statute"), sets forth requirements for the "Truth in Millage" ("TRIM") notice and requires each taxing authority to establish a proposed millage rate; and WHEREAS, the Statute stipulates that said proposed millage rate be submitted to the Property Appraiser and the Tax Collector; and WHEREAS, said rate will reflect the levy necessary to fund the City of Miami ("City's") tentative budget other than the portion of the budget to be funded from sources other than ad valorem taxes; and WHEREAS, the proposed millage rate submitted to the Property Appraiser is not binding but is necessary for the purpose of preparation of tax notices; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. A proposed millage rate for the City for Fiscal Year beginning October 1, 2005 and ending September 30, 2006, is computed as follows: General Operating Debt Service Total Millage Rate 8.71625 0.95000 9.66625 Section 3. The City Manager is directed to submit said proposed millage rate for the City to the City of Miami Page 1 of 2 Printed On: 6/22/2005 File Number: 05-00607 Miami -Dade County Property Appraiser and to the Tax Collector together with the date, time and place at which the City Commission will hold a public hearing to consider the proposed millage rate and the City's tentative budget for said fiscal year as follows: September 8, 2005 at 5:05 P.M. and September 22, 2005 at 5:05 P.M., in the Commission Chambers at City Hall, 3500 Pan American Drive, Dinner Key, Miami, Florida. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} APPROVED AS TO FORM AND CORRECTNESSt/ JORGE L. "NANDEZ r CITY ' • ' NEY Footnotes: {1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 Printed On: 6/22/2005