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HomeMy WebLinkAboutcover memoCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 04-00432 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION URGING THE 2004 FLORIDA LEGISLATURE TO ADOPT A JOINT RESOLUTION INCREASING THE AD VALOREM HOMESTEAD EXEMPTION TO AN ULTIMATE AMOUNT OF $50,000 WITH STAGGERED IMPLEMENTATION OVER THE NEXT FOUR YEARS; DIRECTING THE CITY CLERKS OFFICE TO TRANSMIT A COPY OF THIS RESOLUTION TO THE OFFICIALS DESIGNATED HEREIN. WHEREAS, Florida's $25,000 ad valorem homestead exemption has not been increased since the early 1980's; and WHEREAS, many of Florida's homestead property owners do not have adequate resources to absorb increases in both property taxes and living expenses; and WHEREAS, granting property tax relief to Florida's homestead property owners by increasing the homestead exemption to enhance financial security provides needed assistance to a deserving and contributing segment of our population without resulting in drastic service reductions by local governments; and WHEREAS, staggering the effective date of the increase in the homestead exemption over four years will afford property tax relief to resident property owners and at the same time lessen the impact of providing for an increased homestead exemption on local government services; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The 2004 Florida Legislature is urged to adopt a Joint Resolution increasing Florida's ad valorem homestead exemption an ultimate amount of $50,000 with staggered implementation over the next four years. Section 3. The City Clerk is directed to transmit a copy of this Resolution to Governor Jeb Bush, Lieutenant Governor Toni Jennings, President of the Florida Senate James E. "Jim" King, Jr., Speaker of the Florida House of Representatives Johnnie Byrd, and all members of the Miami -Dade County Legislative Delegation. Section 4. This Resolution shall become effective immediately upon its adoption and signature City of Miami Page 1 of 2 Printed On: 4/13/2004