HomeMy WebLinkAboutCover MemoCITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO :
The Honorable Mayor and
Members of the City Commission
1
FROM: Pedro
City Manager
DATE:
SUBJECT:
REFERENCES:
ENCLOSURES:
August 1, 2006
FILE :
DDA FY'06-07
Appropriations Resolution
For September 12, 2006
City Commission Meeting
Recommendation
It is respectfully requested that the City Commission adopt the attached Appropriations
Resolution for the Downtown Development Authority for the fiscal year beginning October 1,
2006 and ending September 30, 2007.
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 2006-2007 is based on an estimated increase in
revenues of $ 730,859.01. (20%)
Attached for City Commission approval is an Appropriations Resolution for the Downtown
Development Authority for the Fiscal Year beginning October 1, 2006 and ending September 30,
2007
Encl.
DN/dv