HomeMy WebLinkAboutProposed Millage - DDAPUBLIC HEARING ITEM
DISCUSSION OF PROPOSED MILLAGE RATE AND TENTATIVE BUDGET FOR THE MIAMI
DOWNTOWN DEVELOPMENT AUTHORITY
PERCENTAGE INCREASE IN MILLAGE OVER ROLLED BACK RATE
RESPONSE: 12.58% (0.478 IS THE PROPOSED RATE, 0.4246 IS THE ROLLBACK RATE)
CITY COMMISSION LISTENS AND RESPONDS TO CITIZENS COMMENTS REGARDING THE
PROPOSED MILLAGE AND EXPLAINS THE REASONS FOR THE INCREASE OVER THE ROLL
BACK RATE.
ACTIONS BY THE CITY COMMISSION:
1. AMEND THE BUDGET, IF NECESSARY
2. RECOMPUTE THE PROPOSED MILLAGE RATE, IF NECESSARY
3. ADOPT THE TENTATIVE MILLAGE RATE
4. ADOPT THE AMENDED TENTATIVE BUDGET
Received and approved
Alyce M. Robertson
Executive Director