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HomeMy WebLinkAboutMillage Levy Calculation2009 TRiM Compliance Workbook MAXIMUM MILLAGE LEVY CALCULATION PRELIMINARY DISCLOSURE For municipal governments, counties, and special districts 10 REV' NIA Reset Form I Print Form 1 DR-420MM-P R. 6/09 Florida Administrative Code Rule 120FR09-01 Year 2,00 Gi J County'YYt. avni — lade, J Principal Authority e..i-y elp • t Taxing Authoritybow_ tow--`�ee` ri /i i. 1' Is your taxing authority a municipality or independent special district that has levied ad valorem taxes for less than 5 years? (1) EYes IZI No IF YES, Sr)iir STOP HERE. SIGN AND SUBMIT. You are not subject to a millage limitation. 2. Current year rolled -back rate from Form OR-420, Line 16 a St24 per $1,000 (2) 3. Prior year maximum millage rate with a majority vote (2008 Form DR-420MM, Une 24) , ii 2.0 per $1,000 (3) 4. Prior year operating millage rate from Form DR-420, Line 10 •5000 per $1,000 (4) If Line 4 is equal to or greater than Line 3, skip' to Line 11. If less, continue to Line 5. Adjust rolled•badt rate based on prior year majority -vote maximum millage rate 5. Prior year final gross taxable value from Form DR-420, Line 7 $ (5) 6' Prior year maximum ad valorem proceeds with majority vote (Line 3 multiplied by Line 5 divided by 1,000) $ (6) ' Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a dedicated increment value from Form DR-420 Line 12 $ (7) 8. Adjusted prior year ad valorem proceeds with major' vote (Line 6 minus Line 7) $ (8) 9. Adjusted current year taxable value from .DR-4201ane 15 $ (9) 10. Adjusted current year rolled -back rate (Une 8 divided byline 9, multiplied .by 1,000) per $1,000 (10) Calculate maximum mililage levy 11' Rolled -back rate to be used for maximum millage levy calculation (Enter Line 10 if adjusted or enter Line 2 if Line i 0 is not adjusted) per $10 ,04i • 582�- (11) 12. Adjustment for growth in per capita Florida personal income 1.0250 (12) 13. Majority vote maximum millage rate allowed (Line 11 multiplied by Line 12) , 5143 per Si 000 (13) 14. Two-thirds vote maximum millage rate allowed (Multiply Line 13 by 1.10) , 6540 per $1,000 (14} 15. Current year proposed millage rate , 5000 per $1,000 (15) 16. Minimum vote required to levy proposed millage: (Check one) (16) a. Majority vote of the governing body: Check here, If Line 15 is less than or equal to Line 13. The maximum millage rate is equal to the majority vote maximum rate. Enter line 13 on Line 17. Db. Two-thirds vote of governing body: Check here if Line 15 is less than or equal to Line 14, but greater than Line 13. The maximum millage rate is equal to proposed rate. Enter Line 15 on Line 17. c. Unanimous vote of the governing body, or 3/4 vote if nine members or more: Check here if Line 15 is greater than Line 14. The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17. t d. Referendum: The maximum miliage rate is equal to the proposed rate. Enter Line 15 on Line 17. 17. The selection on Line 16 allows a maximum millage rate of (Enter rate indicated by choice on Line 16) 5 43 per $1,000 (17) 18. Current year gross taxable value from Form DR-420, Line 4 $ l 1, O! t, 42t 451 (18) ortda Uepartmont of Revenue 1 property Tax tJtrarsig Continued on page 2 2009 TRIM Compliance Workbook DR-420MM-P R.6/09 Page 2 19. Current year proposed taxes (Line 15 multiplied by Line 18, divided by 1,000) $ 5, 51€ , 415 (19) 20. Total taxes levied at the maximum millage rate (Line 17 multiplied by Line 18, divided by 1,000) ; $ (p.5q2, 055 (20) DEPENDENT SPECIAL DISTRICTS AND MSTUs STOP STOP HERE. SIGN AND SUBMIT. 21. Enter the current year proposed taxes of all dependent special districts & MSTUs levying a millage (The sum of all Lines 19 from each district's Form DR-420 MM-P) $ (? 1 ) 22, Total current year proposed taxes (Line 19 plus Line 21) $ 5,518, 415 (22) 'Total Maximum Taxes 23, Enter the taxes at the maximum millage of all dependent special districts & MSTUs levying a millage (The sum of all Lines 20 from each districts Form DR-420 MM-P) $ 95 (23) 24. Total taxes at maximum millage rate (Line 20 plus line 23) $ Co, 5q 2. r Q, 5J 5 (24) 'otal Maximum Versus Total Taxes Levied 25. Are total current year proposed taxes on Line 22 equal to or less than total taxes at the maximum millage rate on Line 24? (Check one) (25) ['� Yes I 1 No SIGN HERE Taxing Authority Certification I certify the miliages and rates are correct to the best of my knowledge. The miilages comply with the provisions of ss. 200. 065 and 200.071 or 200.081, F.S. Signature , Chief Administrative cer c , Date 4/ / Tie elte tiv , ,Tta`LC+vr Contact Name 41ice A. i(7 Ctsoti Mailing Address LOO 5 . t`t , Blrc • , 6cAft42.612c1 Physical Address (5arne) City, State, Zip 'Miami , FL. 35151 Phone Number (3o )5qR-(0tr 5( Fax Number o'5 H-2425 Complete and submit this Form DR-420MM-P, Maximum Millage Levy Calculation -Preliminary Disclosure , to your property appraiser with the Form DR-420, Certification of Compliance. Florida Department of Revenue lnstruMons on page 3 Property Tax Oversight