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HomeMy WebLinkAboutDiscussion ItemCity of Miami Legislation Discussion Item City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 15-01054 Final Action Date: 9/10/2015 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. ROLLED -BACK 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 ROLLED -BACK RATE. City of Miami Page 1 of 1 File Id: 15-01054 (Version: 1) Printed On: 3/19/2018