HomeMy WebLinkAboutPreliminary DisclosureINDEPENDENT SPECIAL DISTRICT
MAXIMUM MILLAGE LEVY CALCULATION
PRELIMINARY DISCLOSU RE
Year 2007-2008
county Miami -Dade
District: Downt
own
Development
DR-420 I-P
N. 07/07
(Name of Taxing Authority)
Th s:ferm l io be 041,009tOd by all i idOpendentspeciaidl }" i•ct n i1ad icy 4oanty °or mu;n'fc
function of whf h fs o prtrvldi errfsrguriey tthedlcal or: flrwa'rescue,sdliulces
at
Sendent "d$Strlcts•and fVMSTUs the predominant
1. Type of Taxing Authority: (Check one)
Independent special district
❑ Dependent special district or MSTU where the predominant function Is to provide e
Name of Principal Authority:
2. Has the Independent Special District levied ad valorem taxes for less than five years?
❑11
L1Ll NO: Go to Line 3.
erge
y medical or fire rescue services
YES: STOP HERE. Sign below and submit. Independent special district is not su :ject to limitation on millage in FY 2007-08
3. Current Year Gross Taxable Value for Operating Purposes from Form DR-420, Line 4 $ 9,698,419,079 (3)
4. Prior Year Operating Millage Levy from Form DR-420, Line 9 $ 0. 5000 per $1,000 (4)
5. Current Year Rolled -Back Rate from Form DR-420, Line 15 $ 0.4396
per $1,000 (5)
6. Percentage of rolled -back rate allowed to be levied by a majority vote of the governing bod) ( see i structions) 97 % (6)
7. Current Year Proposed Operating Millage Rate from Form DR-420, Line 16 $ t l _ 5 (lOfl per $1,000 (7)
8. Current Year Proposed Taxes (Multiply Line 7 by Line 3) $ 4,849,209.54 (8)
9. Current Year Proposed Operating Millage Rate to be adopted by: (Check one)
❑ Majority vote of the governing body
►Maximum millage rate on Line 10 equal to percentage on Line 6 times the rolled-b- k rate on Line 5
❑ Two-thirds vote of the governing body
►Maximum millage rate on Line 10 equal to the rolled -back rate on Line 5
10 Unanimous vote of the governing body (or 3/4 vote if governing body has nine or mote mem • ers)
►Maximum millage rate on Line 10 equal to the prior year's operating millage rate or Line 4
❑ By referendum
.-Maximum millage rate on Line 10 as approved by referendum
You must provide a final Form DR-420 I with the final ordinance and voting record tt the D partment of Revenue after the final hearing.
10. The selection on Line 9 allows a maximum operating millage rate of $ 0. 5000 per $1,000 (10)
11. Is the proposed operating millage rate on Line 7 less than or equal to the maximum operating
millage rate on Line 10?
® YES: Proposed taxes levied comply with law.
❑ NO: Proposed operating millage levy DOES NOT comply with the requirements of c pter 2007-321, L.O.F.
Complete and submit this preliminary Form DR-420 l-P to the property appraiser. After you have
Department of Revenue a final Form DR-420 I after the final hearing.
I certify the millages and rates shown are correct to the best of my knowledge and belief.
Si,naure f- • no. of Chief Aoministratve Officer
Dana A. Nottitiham,Executive Director
200
200 South Biscayne Blvd. Suite 2929 Dani
MalLnq Address
Miami, Florida 33131
City
Slate Zip
adoptejt millage rates and budgets, you must give the
i5, c,13hyssiicaalLocabonSctiYP 2929
.1rergel
305-5'9-6675
Phone p
Name of Contact Person
305-371-2423
Faxtt