HomeMy WebLinkAboutSummary FormDate: 7/18/2011
AGENDA ITEM SUMMARY FORM
FILE ID: /f 7' 37
Requesting Department: OSPBP
Commission Meeting Date: 07/28/2011 • • District Impacted: All
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Setting FY 2011-2012 Millage Cap
Purpose of Item:
Law Department
Matter ID No.
To establish millage rate caps for the fiscal year ending September 30, 2012 (FY' 12) at:
General Operating: 7.5710
Debt Service: 0.9300
Total Millage: 8.5010
Background Information:
The proposed FY 2011-2012 millage rates for the City of Miami (General Operating and Debt
Service) are outlined below:
General Operating —The proposed FY 2011-2012 millage rate for the City of Miami is 7.5710 which
is the rollback rate.
Debt Service —The proposed FY 2011-2012 millage rate for the City of.Mianu is .9300 which is lower
than the current fiscal year by .0401 or 4.1%.
Budget Impact 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 Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
CIP Budget
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Purchasing Dept. Di e
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