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City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-00985 Final Action Date: 9/9/2004
DISCUSSION OF PROPOSED MILLAGE RATE AND TENTATIVE BUDGET FOR
THE DOWNTOWN DEVELOPMENT AUTHORITY.
PERCENTAGE INCREASE IN MILLAGE OVER ROLLED BACK RATE.
RESPONSE: NINE AND 77 /100 PERCENT (9.77 %)
SPECIFIC PURPOSE FOR WHICH AD VALOREM TAX REVENUES ARE BEING
INCREASED.
RESPONSE
PURPOSE: DOWNTOWN ECONOMIC DEVELOPMENT PROGRAMS
COST
$313,792.08 100
CITY COMMISSION LISTENS AND RESPONDS TO CITIZENS COMMENTS
REGARDING THE PROPOSED MILLAGE INCREASE AND EXPLAINS THE
REASONS FOR THE INCREASE OVER THE ROLLED BACK RATE.
ACTIONS BY THE CITY COMMISSION:
1. AMEND THE ADOPTED TENTATIVE BUDGET, IF NECESSARY
2.RECOMPUTE THE PROPOSED MILLAGE RATE, IF NECESSARY
3.PUBLICLYANNOUNCE THE PERCENT BY WHICH THE RECOMPUTED
PROPOSED MILLAGE RATE EXCEEDS THE ROLLED BACK RATE
4.ADOPT THE TENTATIVE MILLAGE RATE
5.ADOPT THE AMENDED TENTATIVE BUDGET
City of Miami
Page 1 of 1 File Id: 04-00985 (Version: 1) Printed On: 9/28/2016