HomeMy WebLinkAboutDDA Budget DiscussionPUBLIC 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: 13.83% (0.475 IS THE PROPOSED RATE, WHICH IS LOWER THAN THE
CURRENT LEVY OF 0.478. ROLLBACK RATE IS 0.4173).
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 TENTATIVE 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
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Alyce M. Rqbertson
Executive rector