HomeMy WebLinkAboutSummary FormJUL--17-2007 16 : 03
CITY MANAGERS OFFICE 305 416 1019 P.01/01
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Date: 7/6/2007
FILE ID:
O oc e21
Requesting Department: OSPBP
Commission Meeting Date: 2/26/2007 District Impacted:
Type; CE Resolution ❑ Ordinance 0 Emergency Ordinance [] Discussion item
Other
Subject: SettitlSFY 2007-2008 Milne Rage Cag
Purpose (Ahem:
VONM
TO establish millage rate caps for the fiscal year ending September 30, 2008 ("FY08") at:
General Operating: 7.2999
Debt Service: 0.6210
Total Millage: 7.9209
Background information:MENEM
The proposed FY08 millage rates for the City of Miami (General Operating and Debt Service) are
outlined below:
General Operating - The proposed FY08 millage rate for the City of Miami is 7,2999, which is lower
than the current fecal year by 1.0746 mills or 12.83%.
Debt Service - The proposed FY08 debt service millage rate for the City of Miami is .6210, which is
the sarne as the current fiscal year.
Budget lrnoact Analysis
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start (Jp Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
Irusing or receiving a=Riial timds
Grants
Purchasing
Final Approvals
(SIGN Ati r ATEI
Budget " +�' w�Lti "l�-tIo,
Chief
Risk Management
Dept. Director
City Manager
TOTAL P.01