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City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 07-01095A Final Action Date: 9/27/2007
FINAL PUBLIC HEARING TO DISCUSS THE PROPOSED MILLAGE RATE AND
TENTATIVE BUDGET FOR FY 2007-2008 FOR THE MIAMI DOWNTOWN
DEVELOPMENT AUTHORITY.
PERCENTAGE INCREASE IN MILLAGE OVER ROLLED BACK RATE.
RESPONSE THIRTEEN AND 73 PERCENT (13.73%)
SPECIFIC PURPOSE FOR WHICH AD VALOREM TAX REVENUES ARE
BEING INCREASED.
RESPONSE:
PURPOSE: DOWNTOWN ECONOMIC DEVELOPMENT PROGRAMS
COST
$ 537,988.53
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 OR THE AMENDED FINAL BUDGET AS
NECESSARY
City of Miami
Page 1 of 2 File Id: 07-01095A (Version: 1) Printed On: 4/13/2017
File Number: 07-01095A
City of Miami Page 2 of 2 File Id: 07-01095A (Version: 1) Printed On: 4/13/2017