HomeMy WebLinkAboutDDA Budget DiscussionPUBLIC HEARING ITEM
DISCUSSION OF PROPOSED MILLAGE RATE AND FINAL BUDGET FOR THE MIAMI
DOWNTOWN DEVELOPMENT AUTHORITY
PERCENTAGE INCREASE IN MILLAGE OVER ROLLED BACK RATE
RESPONSE: 13.83% (0.475 IS THE PROPOSED RATE, 0.4173 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. AMEN D 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
frbrid
:Alyce M Robertson
Executi e Diretctor