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HomeMy WebLinkAboutDDA - Millage & Final Budget 09-27-11DISCUSSION ITEM — DDA DISCUSSION OF THE PROPOSED MILLAGE RATE AND ANAL BUDGET FOR THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY. PERCENTAGE INCREASE/DECREASE IN MILLAGE OVER ROLLED BACK RATE RESPONSE: O% (.478 IS THE ROLLBACK RATE) CITY COMMISSION LISTENS AND RESPONDS TO CITIZENS' COMMENTS REGARDING THE PROPOSED MILLAGE DECREASE AND EXPLAINS THE REASONS FOR THE ROLLED BACK RATE. ACTIONS BY THE CITY COMMISSION: 1. AMEND THE FINAL BUDGET, IF NECESSARY 2. RECOMPUTE THE PROPOSED MILLAGE RATE IF NECESSARY 3. ADOPT THE FINAL MILLAGE RATE 4. ADOPT THE AMENDED FINAL BUDGET Received and approved vier Betancou eputy Director