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HomeMy WebLinkAboutSubstitution Memo from Miami DDA� MIAMIDDA DOWNTOWN DEVELOPMENT AUTHORITY To: Arthur Noriega V. City of Miami City Manager Miami Downtown Development Authority 200 S. Biscayne Boulevard - Suite 2929 Miami, Florida 33131 MEMORANDUM From: Christina Crespi Downtown Development Authority of the City of Miami (Miami DDA) CEO/Executive Director Date: September 25, 2024 Re: Substitution Resolution (Miami DDA Budget) File ID: 16452 The resolution previously submitted regarding the Downtown Development Authority of the City of Miami (Miami DDA) must be amended to reflect the millage numbers. The current language reads: "A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE FINAL ANNUAL BUDGET OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA"), ATTACHED AND INCORPORATED IN COMPOSITE EXHIBIT "A", IN THE TOTAL AMOUNT OF $21,738,700, AND MAKING APPROPRIATIONS FROM THE DOWNTOWN DEVELOPMENT DISTRICT AD VALOREM TAX LEVY AND OTHER MISCELLANEOUS INCOME FOR THE MIAMI DDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025; AUTHORIZING THE MIAMI DDA TO MAKE TRANSFERS BETWEEN ACCOUNTS FOR NECESSARY AND PROPER PURPOSES; AUTHORIZING THE MIAMI DDA TO INVITE AND ADVERTISE REQUIRED BIDS; PROVIDING THAT THIS RESOLUTION BE DEEMED SUPPLEMENTAL AND IN ADDITION TO THE RESOLUTION MAKING APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025, FOR THE OPERATIONS OF THE CITY." I1045j. SuloSfi 0\ r0fin(yii 6NA- Will be changed to: "A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE FINAL ANNUAL BUDGET OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA"), ATTACHED AND INCORPORATED IN AMENDED COMPOSITE EXHIBIT "A," IN THE TOTAL AMOUNT OF $20,499,700.00, AND MAKING APPROPRIATIONS FROM THE DOWNTOWN DEVELOPMENT DISTRICT AD VALOREM TAX LEVY AND OTHER MISCELLANEOUS INCOME FOR THE MIAMI DDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING THE MIAMI DDA TO MAKE TRANSFERS BETWEEN ACCOUNTS FOR NECESSARY AND PROPER PURPOSES; AUTHORIZING THE MIAMI DDA TO INVITE AND ADVERTISE REQUIRED BIDS; PROVIDING THAT THIS RESOLUTION BE DEEMED SUPPLEMENTAL AND IN ADDITION TO THE RESOLUTION MAKING APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025, FOR THE OPERATIONS OF THE CITY OF MIAMI." Upon approval, the revised resolution will be forwarded to the Agenda Office for distribution to the Mayor and all Commissioners. r --� ) c9 2 AGENDA ITEM SUMMARY FORM FILE ID: 16452 Date: August 1, 2024 Requesting Department: Downtown Development Authority of the City of Miami Commission Meeting Date: September 26, 2024 District Impacted: Type: ®Resolution ['Ordinance ['Emergency Ordinance ❑Discussion Item ['Other Subject: Downtown Development Authority of the City of Miami ("Miami DDA") Appropriations Resolution for FY2024-2025. Purpose of Item: The Downtown Development Authority of the City of Miami ("Miami DDA") requests that the City Commission adopt the attached Appropriations Resolution for the fiscal year beginning on October 1, 2024 and ending September 30, 2025. Background Information: Chapter 14 of the City of Miami Code authorizes the City Commission to levy an additional ad valorem tax on all real and personal property within the Miami DDA for the purpose of financing the operations of the Miami DDA. The Miami DDA budget for FY2023-2024 was based on ad valorem tax revenues of $12,970,000. The final Miami DDA budget for FY2024-2025 is based on the estimated ad valorem tax revenues of $12,970,000. This represents an increase in ad valorem tax revenues of $0. Attached for City Commission approval is an Appropriations Resolution for the Miami DDA for fiscal year beginning October 1, 2024 and ending September 30, 2025. Budget Impact Analysis ® Yes ❑ No Is this item related to revenue? ❑ Yes /..1 No Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: ❑ Yes ® No Is this Item funded by bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: Does the item require approval from the following departments? ❑ Grants ❑ Procurement ❑ Risk Final Approvals ( (SIGN AND DATEI /_ CEO/Executive Director `/09/24/2024 *all other approvals will be done through Accela rP1 Page 1 of 1 City of Miami Resolution Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16452 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE FINAL ANNUAL BUDGET OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA"), ATTACHED AND INCORPORATED IN AMENDED COMPOSITE EXHIBIT "A," IN THE TOTAL AMOUNT OF $20,499,700.00, AND MAKING APPROPRIATIONS FROM THE DOWNTOWN DEVELOPMENT DISTRICT AD VALOREM TAX LEVY AND OTHER MISCELLANEOUS INCOME FOR THE MIAMI DDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING THE MIAMI DDA TO MAKE TRANSFERS BETWEEN ACCOUNTS FOR NECESSARY AND PROPER PURPOSES; AUTHORIZING THE MIAMI DDA TO INVITE AND ADVERTISE REQUIRED BIDS; PROVIDING THAT THIS RESOLUTION BE DEEMED SUPPLEMENTAL AND IN ADDITION TO THE RESOLUTION MAKING APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025, FOR THE OPERATIONS OF THE CITY OF MIAMI. WHEREAS, Section 14-59 of the Code of the City of Miami, Florida, as amended ("City Code"), provides that the Downtown Development Authority of the City of Miami, Florida ("Miami DDA") shall submit its final annual budget for its operations to the City Commission for approval; and WHEREAS, the Board of Directors of the Miami DDA approved and adopted the Miami DDA's proposed annual budget for Fiscal Year 2024-2025 on July 12, 2024, pursuant to Miami DDA Resolution 015/2024, in the total amount of $21,738,700.00 as set forth in Amended Composite Exhibit "A," attached and incorporated; and WHEREAS, on September 7, 2024, pursuant to Resolution No. R-24-0314, the Miami City Commission ("City Commission") approved the Miami DDA's proposed annual budget for Fiscal Year 2024-2025 in the total amount of $21,738,700.00 to become the Miami DDA's tentative budget; and WHEREAS, on September 26, 2024, the Miami DDA proposed an amended reduced annual budget for the Fiscal Year ("FY") commencing October 1, 2024, and ending September 30, 2025, in the total amount of $20,499,700.00; and WHEREAS, the Miami DDA requests the City Commission's approval of the tentative budget to become the final annual budget for the Fiscal Year ("FY") commencing October 1, 2024, and ending September 30, 2025, in the total amount of $20,499,700.00, as set forth in Amended Composite Exhibit "A," attached and incorporated; NOW, THEREFORE, BE IT RESOLVED, BY THE COMMISSION OF THE CITY OF City of Miami Page 1 of 2 File ID: 16452 (Revision:) Printed On: 9/24/2024 File ID: 16452 Enactment Number: 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 Miami DDA tentative annual budget, attached and incorporated in Amended Composite Exhibit "A," in the total amount of $20,499,700.00, for the operations of the Miami DDA to become the final annual budget, for the Fiscal Year commencing October 1, 2024, and ending September 30, 2025, is approved and adopted, and appropriations are made from the Downtown Development District ad valorem tax levy and other miscellaneous income for the Miami DDA. Section 3. The abovementioned operating expenditures are merely anticipatory and thus, the Board of Directors of the Miami DDA is hereby authorized' to withhold any of these appropriated funds from encumbrance or expenditure should such action appear advantageous to the economic and efficient operation of the Miami DDA. Section 4. The Miami DDA is authorized' to make transfers between the detailed accounts comprising any of the amounts appropriated in Section 2 above so that any available and required balance in such accounts may be used for other necessary and proper purposes. Section 5. Subject to Chapter 18 of the City Code, the Miami DDA is further authorized' to solicit bids for the purposes of procuring any materials, supplies, equipment, and services embraced in the amounts appropriated in Section 2 above for which formal bidding is required with such bids being returnable as required by law. Section 6. This Resolution shall be deemed supplemental and in addition to the Resolution making appropriations for the operations of the City of Miami for the Fiscal Year commencing October 1, 2024, and ending September 30, 2025. Section 7. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: 1 The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited, to those prescribed by applicable City Charter and City Code provisions. 2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File ID: 16452 (Revision:) Printed on: 9/24/2024 BUDGET SUMMARY The Downtown Development Authority of the City of Miami, Florida Fiscal Year 2024-2025 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI ARE 19% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES GENERAL FUND Revenue Sources Ad Valorem Tax Levy 0.4312 Millage per $1000 $ 12,970,000 Reimbursements 3,269,490 Total Revenues 16,239,44n Reserve and Carryover Total Revenues and Balances Operating Expenditures General Expenses Leadership, Advocacy and Operations Quality of Life & Enhanced Services Arts, Culture & Entertainment Urbanism Business Development Total Operating Expenditures Fund Balances and Reserves Total Expenditures, Reserves, and Balances 4,260,210 20,499,700 3,854,710 1,691,000 7,355,490 1,190, 000 2,285,000 3,475,000 19,851,200 648,500 20,499,700 The tentative, adopted, and/or final budgets are on file in the office of the above referenced taxing authority as a public record. Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget I FY 2021-22 Actual FY 2022-23 Actual I FY 2023-24 Adopted { FY 2023-24 Projection f FY 2024-25 Proposed I Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded In other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Ad Valorem Taxes $9,970,300 $10,924,767 $12,301,500 $12,301,500 $12,301,500 0 Per Millage calculations: 0.4312 Collection 100% = $12,970,000 Collection 95% = $12,301,500 Grant monies $166,688 $322,271 $310,000 $310,000 $644,490 +334,490 CRA Reimbursement (Contract). Other $123,259 $4,196,620 5565,000 $1,090,346 $2,625,000 +2,060,000 Interest Income (cannot forecast) $65k PIO (City Agreement) $1,860,000 DRI $700,000 IKE Kiosk Carryover Funds from Prior Years $0 $0 $3,521,000 $1,098,755 $4,280,210 +759,210 Will be based on need from Economic Recovery Reserve and Carryover. Revenue Grand Total $10,260,247 $15,443,658 $16,697,500 $14,800,601 $19,851,200 $3,153,700 Espoidkora Regular Salary and Wages $2,369,402 52,004,888 $2,950,000 $2,631,790 $2,790,100 -159,900 Increase on salaries overall = 6% (3% Performance / 3% Cost of Living) Plus other salary related add ons. FICA Taxes $172,426 $144,825 $236,000 $148,856 $334,850 +98,850 COL, salaries. Retirement Contributions $163,422 $139,277 $206,500 $158,122 $209,260 +2,760 COL, salaries. Life and Health Insurance $344,818 $336,630 $600,000 $347,439 $400,000 -200,000 COL, salaries. Negotiated new agreements. Workers' Compensation $26,768 $34,113 $30,000 $45,000 $50,000 +20,000 Increase in insurance. Professional Services - Legal $35,000 $27,500 $60,000 $30,000 $60,000 0 Contract with the City of Miami. Professional Services $89,913 $93,729 $100,000 $100,000 $100,000 0 IT Services Contract Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget r9!, Ce,a n. os FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) _ $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Accounting and Auditing $22,000 $27,000 $35,000 $35,000 $35,000 0 Required Annual Audit and ARPA Funds Audit. Other Contractual Services $95,769 $188,328 $422,000 $302,000 $170,000 -252,000 Intergovernmental Advocacy (State) , IT relocation, Procurement Services, Expert Consultant (allocation moved to Professional Services), and Human Resources Professional Services. Ambassadors' Program $927,943 $1,065,076 $980,000 $980,000 $1,500,000 +520,000 The $1.5M allocation for the Ambassadors is an estimate based on the enhancements for the new contract period. As part of the new contract, we are proposing to increase personnel to include an Assistant Operations Manager, one Supervisor, and 2 additional Ambassadors. This addition to the team brings the total personnel count to 27 staff people (24 currently on Team). 2 Operations Supervisors - budgeted both at $130,000/6 Lead Supervisors - currently make $18/hour/19 Ambassadors - currently make $16/hour Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget P?1 2 - 0 FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed I Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) CRA Team $138,287 $322,271 $310,000 $310,000 $644,490 +334,490 CRA contract (reimbursement). Increases Team members from 10 to 15 Increases hourly rate of $12 to $14 (please note that the minimum wage will increase to $13 on September 29th) Increases Mentor pay rate — mentor rate is $3 above minimum wage ($17/hour) Adds the purchase of a new truck/vehicle as current one is no longer in service. Increases cost of supplies to include, but not limited to: uniforms, brooms, dust pans, safety vests, mega brutes, branding of mega brutes and vehicle, gloves, googles, gas, insurance (new vehicle), lawn equipment, etc. Personnel costs are estimated at $484,000 (13 Team Members, 2 Mentors, and 1 DDA Supervisor New Vehicle is budgeted at $40,000 (insurance costs will increase slightly) Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) DET Team and Supplies DET Truck $398,011 $604,462 $965,000 $965,000 $2,521,000 +1,556,000 Camillus Agreement (2nd year - increase to accommodate minimum wage adjustment) Downtown Enhancement Team at 50 Team members Increase Mentor pay rate — mentor rate is $3 above minimum wage ($17/hour) DET Team: Increase Team member hourly rate of $12 to $14 (please note that the minimum wage will increase to $13 on September 29th) - $1,500,000 Insurance costs, warehouse, parking, increase in prices for supplies/equipment, fleet will require more maintenance - $966,000 Purchase New Truck/Vehicle / Aging Fleet - $40,000 Training Classes for Enhanced Services Staff - $5,000 One year Pilot program for DET Technology (8 units) - $10,000 Supplies for Enhancement Team $25,786 $40,000 $0 $0 $0 0 Included in DET Team and supplies. Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget es f 2. FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) _ $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) NEAT Team Information Centers Program Management $194,868 $192,207 $195,000 $195,000 $195,000 0 NEAT Agreement (2nd Year - remains the same) $50,000 $25,000 $50,000 $25,000 $0 -50,000 Moved to Community Activations and [;rants $3,605 $0 $0 $0 $0 0 Included in Sponsorship line item Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget 0 r :30 FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted 1 FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Security and Sanitation Programs $299,359 $20,761 $765,000 $765,000 $2,000,000 +1,235,000 Additional Police Officers in Downtown - $650k Cameras/License Plate readers (Phase II and III) - $1.2M Pressure Washing of sidewalks - $25,000 Collaborate with Solid Waste on providing property owners dog waste containers as a result of an inventory conducted and inquiries to increase the amount of containers - $25,000 Adding Pressure Washing Equipment- $10k Dog Spot (Park Maintenance) - $15,000 Creating safer and cleaner trash free streets thru a collaboration with the Solid Waste Dept. Pilot Project to nventory current trash receptacles and purchase larger trash cans - $50k (10 SenseMax unit, to include nstallation, 5 year warranty and software) Graffiti Task Force - $5,000 in supplies. Supplies include paint, graffiti remover, rags, paint brushes, paint supplies and cart. Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FVi023.24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) _ $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Pit Stop Program $470,419 $319,432 $0 $0' $0 0 Allocation moved to DET Team line item Travel and Per Diem $32,116 $15,150 $50,000 $50,000 $0 -50,000 In -person conferences and meetings. Allocation moved to Professional Development and Conferences. Communications and Related Services $124,008 $364,880 $355,000 $333,200 $580,000 +225,000 Banners, Advertising , Collateral Materials, Videos, Promotional Materials, Website and Holiday Lights (all Flagler Street and Avenue 3 ). Postage $1,378 $1,220 $6,000 $4,500 $6,000 0 Postage, Couriers, etc. Annual Report been sent via mail. Utilities $21,593 $22,050 $40,000 $30,000 $40,000 0 Common areas expense, phone, internet, etc. Rentals and Leases $323,919 $358,205 $234,000 $524,000 $566,000 +332,000 Office and Storage rent, and visitor parking. Increase due to delay in moving and extension of current office lease until move to new location. Repair and Maintenance Services $16,262 $10,237 $299,000 $244,000 $70,000 -229,000 Miscellaneous items needed for operations of the office such as cleaning, repairs and security system. Donation of furniture. Printing and Binding $12,245 $14,706 $30,000 $20,000 $35,000 +5,000 Copy Machines Usage Advertising and Related Costs 528,603 $20,157 $0 $0 $0 0 Allocation moved to Research and Strategy line item Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual 1 FY 2023-24 Adopted j FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) _ $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Office Supplies $23,558 $10,655 $19,000 $30,000 $40,000 +21,000 Supplies for employees and office. Subscriptions, Memberships, and Licenses $26,974 $26,817 $30,000 $30,000 $45,000 +15,000 Increase in required Software & licenses for employees. Capital Projects and Purchases $248,648 $1,840,879 $2,490,000 $2,290,000 $2,075,000 -415,000 Master Plan 2050, BayWalk/RiverWalk + Connections, Transportation Initiatives, Flagler Street PIO Office, Avenue 3„ Hardscape and Streetscape Plan, 3D Development Pipeline, Downtown Miami Bike Network, and Public Realm Improvements. All Other Expenditures - - - - - - Please see detail below: Other Staff Benefits $73,836 $66,363 $102,000 $53,649 $117,000 +15,000 Cellphones reimbursement. Public transportation cost for staff and parking. Additional Operational Expenses $41,841 $20,291 $35,000 $82,825 $83,500 +48,500 Meetings, Required Ads & Filings for Budget, Vendor Program, Procurement costs, current and new office equipment and processing fees. Insurance Cost $25,189 $26,771 $27,000 $30,220 $26,000 -1,000 Various insurances and increases in costs Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 -30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Professional Development $36,983 $87,187 $125,000 $125,000 5150,000 +25,000 Tuition reimbursement and professional development for staff to remain competitive and retain talent.(Moved Conferences here) Small Business Grants $106,161 $146,450 $886,000 $200,000 $1,100,000 +214,000 Various grant assistance programs (Creation of a small business incentive program, Flagler Reconstruction grant to retain businesses, Lighting grant (increased), and Facade Improvement Program grant Targeted Programs & Activations $455,897 $228,817 $660,000 $360,000 $305,000 -355,000 Activations, Educational Initiatives, and Homeless/outreach programs (reduction due to contracts being re- negotiated at better rates). Community Activations and Grants $256,750 $562,154 $450,000 $750,000 $1,190,000 +740,000 Legacy and Competitive Grant programs increased to bring more activations to Downtown. Information Center in both areas - Downtown and Brickell and Community Activations and Grants. Public Relations $166,400 $264,100 $195,000 $195,000 $208,000 +13,000 Public Relations Contract (yearly increase and incidentals). Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY-2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Research and Strategy $126,203 $77,712 $335,000 $210,000 $355,000 +20,000 Required per code to conduct Research Reports in the Office Market, Residential Market, Demographics, Retail Study for CBD and Marketing Strategy/Initiatives including creation of a Branding Plan. Special Initiatives $888,418 $420,344 $2,075,000 $2,050,000 $1,675,000 -400,000 Business Development Corporate Recruitment, incentives to recruit new to market businesses, grants. Permitting and Small Business Assistance $127,396 $125,875 $350,000 $150,000 $175,000 -175,000 Advertise and Promote Small Businesses Streamline the Permitting process to make it easier for businesses thru the permit clinic and other initiatives Potentially hire a permit runner position. Prospera Classes for small businesses Create a program to support the new Retail grant incentive fund. Support marketing efforts for those businesses and increase TA activities that support success of the businesses. Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Expenditure Grand Total $8,992,174 $10,296,517 $16,697,500 $14,800,601 $19,851,200 +3,153,700 Revenues Minus Expenditures $1,268,073 $5,147,141 so $0 so City of Miami Certified Copy City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16203 Enactment Number: R-24-0279 A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED MILLAGE RATE FOR THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA") FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 0) 30, 2025; AUTHORIZING THE CHIEF EXECUTIVE OFFICER/EXECUTIVE N DIRECTOR OF THE MIAMI DDA TO SUBMIT BOTH SAID PROPOSED MILLAGE RATE OF 0.4505 MILLS AND STATUTORILY DEFINED ROLLED - BACK MILLAGE RATE OF 0.4262 MILLS TO THE MIAMI-DADE COUNTY c•f PROPERTY APPRAISER AND TAX COLLECTOR TOGETHER WITH THE - DATES, TIMES, AND LOCATIONS OF THE PUBLIC HEARINGS AT WHICH `•-- THE CITY COMMISSION WILL CONSIDER THE PROPOSED MILLAGE RATE, THE TENTATIVE BUDGET, THE TENTATIVE MILLAGE, FINAL MILLAGE, AND FINAL BUDGET FOR THE MIAMI DDA FOR SAID FISCAL YEAR. WHEREAS, Section 200.065, Florida Statutes ("Statute"), sets forth requirements for the "Truth in Millage" ("TRIM") notice and requires each taxing authority to establish a proposed millage rate and to determine the statutorily defined rolled -back rate; and WHEREAS, the Statute stipulates that said proposed millage rate and statutorily defined rolled -back rate be submitted to the Miami -Dade County Property Appraiser ("Property Appraiser") and the Miami -Dade County Tax Collector ("Tax Collector"); and WHEREAS, said proposed millage rate will reflect the levy necessary to fund the Downtown Development Authority of the City of Miami, Florida's ("MIAMI DDA") tentative budget other than the portion of the budget to be funded from sources other than ad valorem taxes; and WHEREAS, the Statute defines the "rolled back millage rate" as a millage rate which, with certain specified exclusions, will provide the same ad valorem tax revenue for each taxing authority as was levied during the prior year less the amount, if any, paid or applied as a consequence of an obligation measured by the dedicated increment value; and WHEREAS, the exclusions to the rolled back millage rate are "new construction, additions to structures, deletions, increases in the value of improvements that have undergone a substantial rehabilitation which increased the assessed value of such improvements by at least one hundred (100%), property added due to geographic boundary changes, total taxable value of tangible personal property within the jurisdiction in excess of one hundred fifteen percent (115%) of the previous year's total taxable value, and any dedicated increment value"; and WHEREAS, the proposed millage rate submitted to the Property Appraiser and the Tax Collector is not binding but is necessary for the purpose of preparation of TRIM notices; City of Miami Page 1 of 2 R-24-0279 File Number: 16203 Enactment Number: R-24-0279 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 herein as if fully set forth in this Section. Section 2. The MIAMI DDA's rolled back rate is 0.4262 mills. Section 3. The proposed millage rate for the MIAMI DDA for the Fiscal Year beginning October 1, 2024, and ending September 30, 2025, is 0.4505 mills, which is 5.70% more than the rolled back rate. Section 4. The Chief Executive Officer/Executive Director is hereby authorized' to submit forthwith the rolled back rate and the proposed millage rate for the MIAMI DDA to the Property Appraiser and to the Tax Collector together with the dates, times, and locations at which the City Commission will hold public hearings to consider the proposed millage rate, the tentative budget, tentative millage, final millage, and final budget for the MIAMI DDA for said fiscal year as follows: First Public Budget Hearing on Saturday, September 7, 2024, at 10:00 A.M. in the City Commission Chambers at City Hall located at 3500 Pan American Drive, Miami, Florida, or at such other time, date, location, as otherwise allowed by Florida laws. Second Public Budget Hearing on Thursday, September 26, 2024, at 5:05 P.M.in the City Commission Chambers at City Hall located at 3500 Pan American Drive, Miami, Florida, or at such other time, date, location, as otherwise allowed by Florida laws. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 DATE: RESULT: MOVER: SECONDER: AYES: DATE: ACTION: 7/25/2024 ADOPTED WITH MODIFICATION(S) Manolo Reyes, Commissioner Damian Pardo, Commissioner Christine King, Joe Carollo, Miguel Angel Gabela, Damian Pardo, Manolo Reyes 7/25/2024 Signed by the Mayor I, Todd B. Hannon, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do hereby certify that this constitutes a true and correct copy of Resolution No. R- 24 p279, passed by the City Commission on 7/25/2024. City lerk, Deputy City Clerk (for • dd B.iannon, City Clerk) July 26, 2024 Date Certified 1 The herein authorization is further subject to compliance with all legal requirements that milt be imposed, including but not limited to, those prescribed by applicable City Charter and City Cocre ry provisions. •- 2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) catand*ays from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 R-24-0279 City of Miami Master Report Enactment Number: R-24-0279 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16203 Revision: A File Name: Authorize Miami DDA - FY 24-25 Proposed Millage Requesting Dept: Downtown Development Authority File Type: Resolution Status: ADOPTED WITH MODIFICATIONS) Controlling Body: City Commission Introduced: 6/7/2024 Final Action Date: 7/25/2024 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED MILLAGE RATE FOR THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA") FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING THE CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR OF THE MIAMI DDA TO SUBMIT BOTH SAID PROPOSED MILLAGE RATE OF 0.4505 MILLS AND STATUTORILY DEFINED ROLLED -BACK MILLAGE RATE OF 0.4262 MILLS TO THE MIAMI-DADE COUNTY PROPERTY APPRAISER AND TAX COLLECTOR TOGETHER WITH THE DATES, TIMES, AND LOCATIONS OF THE PUBLIC HEARINGS AT WHICH THE CITY COMMISSION WILL CONSIDER THE PROPOSED MILLAGE RATE, THE TENTATIVE BUDGET, THE TENTATIVE MILLAGE, FINAL MILLAGE, AND FINAL BUDGET FOR THE MIAMI DDA FOR SAID FISCAL YEAR. - t1 , to Notes: Links: Attachments: 16203 Back -Up Documents (PDF) 16203 Back -Up from Law Dept (PDF) History of Legislative File: r7 r " N Revision: Acting Body: Date: Action: Result: A A A A A A Christina Crespi Pedro Lacret Marie Gouin Legislative Division Natasha Colebrook -Williams Xavier Alban George K. Wysong 111 City Commission City Commission Mayor's Office City Clerk's Office Legislative Division Xavier Alban George K. Wysong III 7/8/2024 7/8/2024 7/16/2024 7/16/2024 7/16/2024 7/18/2024 7/16/2024 7/25/2024 7/25/2024 7/25/2024 7/25/2024 7/26/2024 7/26/2024 7/26/2024 City Clerk's Office 7/26/2024 Department Head Review Budget Analyst Review Budget Review Legislative Division Review City Manager Review ACA Review Approved Form and Correctness Meeting ADOPTED WITH MODIFICATION(S) Signed by the Mayor Signed and Attested by the City Clerk Legislative Division Review ACA Review Approved Form and Correctness with Modification(s) Rendered Completed Completed Completed Completed Completed Completed Completed Completed Passed Completed Completed Completed Completed Completed Completed City of Miami Page 1 of 1 Printed on: 7/26/2024 RESOLUTION NO. 015/2024 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA") APPROVING THE PRELIMINARY ANNUAL BUDGET OF THE MIAMI DDA FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025; REQUESTING THAT THE MIAMI CITY COMMISSION ESTABLISH THE MILLAGE TO SUPPORT THE FINANCIAL REQUIREMENTS OF THE BUDGET; AUTHORIZING THE CEO/EXECUTIVE DIRECTOR OF THE MIAMI DDA TO EXPEND FUNDS FOR THE BUDGET; DIRECTING THE CEO/EXECUTIVE DIRECTOR TO FILE A DETAILED STATEMENT OF THE PROPOSED EXPENDITURES AND ESTIMATED REVENUES FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025 WITH THE CITY CLERK OF THE CITY OF MIAMI ("CLERK") AFTER ADOPTION AND ESTABLISHMENT OF THE MILLAGE BY THE MIAMI CITY COMMISSION; AND FURTHER PROVIDING THAT A COPY OF THIS RESOLUTION BE FILED WITH THE CLERK. WHEREAS, the Downtown Development Authority of the City of Miami, Florida ("Miami DDA") has prepared a preliminary budget for the Fiscal Year beginning October 1, 2024 and ending September 30, 2025 ("Fiscal Year"); and WHEREAS, the Board of Directors of the Miami DDA has reviewed said budget on the Estimated Tax Roll provided by Miami -Dade County; and WHEREAS, the Board of Directors of the Miami DDA finds that the proposed budget is necessary in order to further the objectives of the Miami DDA, as authorized by the Code of the City of Miami, Florida, as amended; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals are true and correct and are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The preliminary budget of the Miami DDA, as submitted by the CEO/Executive Director is made part of this Resolution and is hereby approved and shall be known as the "Annual Budget of the Miami Downtown Development Authority: Fiscal Year October 1, 2024 through September 30, 2025". Section 3. The following appropriations for the Fiscal Year beginning October 1, 2024 and ending September 30, 2025 are hereby made for the purpose of financing the operations and other legal and proper purposes of the Miami DDA: r•) Revenue Sources Ad Valorem Tax Levy Reimbursements 0.4505 MIliege per $1000 GENERAL FUND $ 13,550,000 3,019,490 Total Revenues 16,569,490 Reserve and Carryover 5,169,210 Total Revenues and Balances 21,738,700 Operating Expenditures General Expenses 3,854,710 Leadership, Advocacy and Operations 2,116,000 Quality of Life & Enhanced Services 7,355,490 Arts, Culture & Entertainment 1,225,000 Urbanism 2,800,000 Business Development 3,710,000 Total Operating Expenditures 21,061,200 Fund Balances and Reserves 677,500 Total Expenditures, Reserves, and Balances 21,738,700 Section 4. The CEO/Executive Director is directed to submit a copy of this preliminary budget as well as this Resolution to the Miami City Commission and to request the Miami City Commission to adopt said preliminary budget and establish the millage, authorized by law, to support the financial requirements of this budget. Section 5. The CEO/Executive Director is authorized to expend funds, including new salary rates, as provided in said budget, after adoption and establishment of the millage by the Miami City Commission, beginning October 1, 2024. Section 6. The CEO/Executive Director is directed to prepare and file with the City Clerk of the City of Miami, Florida ("Clerk") a detailed statement of the proposed expenditures and estimated revenues for the Fiscal Year 2024-2025, which shall be entitled "Annual Budget of the Miami Downtown Development Authority: Fiscal Year October 1, 2024 through September 30, 2025". Section 7. A copy of this Resolution and the attachment(s) shall be filed with the Clerk after adoption of the millage by the Miami City Commission. Section 8. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 12th day of July, 2024. anolo Reyes, Chairman ATTEST: Christ Cl5eSpi, CEO/Executive Director fti'vIra Manon Executive Secretary to the Board of the Directors 2 RESOLUTION NO. 014/2024 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA AUTHORIZING THE EXECUTIVE DIRECTOR TO ESTABLISH A PROPOSED MILLAGE RATE FOR THE DOWNTOWN DEVELOPMENT DISTRICT OF THE CITY OF MIAMI, FLORIDA FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025 AT 0.4505MILLS. WHEREAS, Section 200.065(2)(a)1, Florida Statutes (2017) ("Statute"), requires each taxing authority to establish a proposed millage rate; and WHEREAS, the Statute stipulates that the proposed millage rate be submitted to the Miami -Dade County Property Appraiser and the Tax Collector; and WHEREAS, the proposed millage rate reflects the levy necessary to realize property tax revenues anticipated in the Fiscal Year 2024-2025 Budget for the Downtown Development Authority of the City of Miami ("Miami DDA"); and WHEREAS, the Statute requires that the proposed tax rate be included on tax notices; and WHEREAS, the proposed millage rate submitted to the Property Appraiser is not binding but necessary for the purpose of preparation of tax notices; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals are true and correct and are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The Miami DDA Board of Directors hereby authorizes the CEO/Executive Director to establish a proposed millage rate for the Downtown Development District of the City of Miami, Florida ("District") for the Fiscal Year beginning October 1, 2024 and ending September 30, 2025 at 0.4505 mills. Section 3. The CEO/Executive Director of the Miami DDA is instructed to submit said proposed millage rate for the Downtown Development District of the City of Miami, Florida to the Miami - Dade County Property Appraiser and Tax Collector. Section 4. This Resolution shall become effective immediately upon its adoption. ATTEST: Elvira Manon Executive Secretary to the Board of Directors PASSED AND ADOPTED this 12th day ofJuly, 2024. 2 mmissio Manolo Reyes istina Crespi, CEO/Executive Director CERTIFICATION OF TAXABLE VALUE FLORIDA Reset Form Print Form I DR-420 R.5/12 Rule 12D-16.002 Florida Administrative Code Effective 11/12 Year : 2024 County : Miami -Dade Principal Authority : Miami Downtown Development Authority Taxing Authority : Miami Downtown Development Authroity - Operating SECTION I : COMPLETED BY PROPERTY APPRAISER 1. Current year taxable value of real property for operating purposes $ 28,661,633,269 (1) 2. Current year taxable value of personal property for operating purposes $ 1,346,241,942 (2) 3. Current year taxable value of centrally assessed property for operating purposes $ 59,649,753 (3) 4. Current year gross taxable value for operating purposes (Line 1 plus Line2 plus Line 3) $ 30,067,524,964 (4) 5. Current year net new taxable value (Add new construction, additions, rehabilitative improvements increasing assessed value by at least 100%, annexations, and tangible personal property value over 115% of the previous year's value. Subtract deletions.) $ 205,118,359 (5) 6. Current year adjusted taxable value (Line 4 minus Line 5) $ 29,862,406,605 (6) 7. Prior year FINAL gross taxable value from prior year applicable Form DR-403 series $ 27,233,041,179 (7) 8 Does the taxing authority include tax increment financing areas? If yes, enter number of worksheets (DR-420TIF) attached. If none, enter 0 YES Number 0 (8) ✓ NO 9. Does the taxing authority levy a voted debt service millage or a millage voted for 2 years or less under s. 9(b), Article VII, State Constitution? If yes, enter the number of DR-420DEBT, Certification of Voted Debt Millage forms attached. If none, enter 0 YES Number 0 (9) ✓ NO SIGN HERE Property Appraiser Certification 1 certify the taxable values above are correct to the best of my knowledge. Signature of Property Appraiser: Electronically Certified by Property Appraiser Date : 7/1/2024 2:19:07 PM SECTION II : COMPLETED BY TAXING AUTHORITY If this portion of the form is not completed in FULL your taxing authority will be denied TRIM certification and possibly lose its millage levy privilege for the tax year. If any line is not applicable, enter -0-. 10. Prior year operating millage levy (If prior year millage was adjusted then use adjusted millage from Form DR-422) 0.4673 per $1,000 (10) 11. Prior year ad valorem proceeds (Line 7 multiplied by Line 10, divided by 1,000) $ 12,726,000 (11) 12 Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a dedicated increment value (Sum of either Lines 6c or Line 7a for all DR-420T1F forms) $ 0 (12) 13. Adjusted prior year ad valorem proceeds (Line 11 minus Line 12) $ 12,726,000 (13) 14. Dedicated increment value, if any (Sum of either Line 6b or Line 7e for all DR-4201IF forms) $ 0 (14) 15. Adjusted current year taxable value (Line 6 minus Line 14) $ 29,862,406,605 (15) 16. Current year rolled -back rate (Line 13 divided by Line 15, multiplied by 1,000) 0.4262 per $1000 (16) 17. Current year proposed operating millage rate 0.4505 per $1000 (17) 18 Total taxes to be levied at proposed millage rate (Line 17multiplied by Line4, divided by 1,000) 13,545,420 $ (18) Continued on page 2 DR-420 R. 5/12 Page 2 19 TYPE of principal authority (check one) County Municipality �/ Independent Special District ❑ Water Management District (19) 20. Applicable taxing authority (check one) i Principal Authority ❑ Dependent Special District MSTU ❑ Water Management District Basin (20) 21. Is millage levied in more than one county? (check one) ❑ Yes I No (21) DEPENDENT SPECIAL DISTRICTS AND MSTUs r STOP 1 STOP HERE - SIGN AND SUBMIT 22.Enter the total adjusted prior year ad valorem proceeds of the principal authority, all dependent special districts, and MSTUs levying a millage. (The sum of Line 13 from all DR-420 forms) $ 12,726,000 (22) 23. Current year aggregate rolled -back rate (Line 22 divided by Line 15, multiplied by 1,000) 0.4262 per $1,000 (23) 24. Current year aggregate rolled -back taxes (Line 4 multiplied by Line 23, divided by 1,000) $ 12,814,779 (24) 25. Enter total of all operating ad valorem taxes proposed to be levied by the principal taxing authority, all dependent districts, and MSTUs, if any. (The sum of Line 18 from all DR-420 forms) $ 13,545,420 (25) 26 Current year proposed aggregate millage rate (Line 25 divided by Line 4, multiplied by 1,000) 0.4505 per $1,000 (26) 27 Current year proposed rate as a percent change of rolled -back rate (Line 26 divided by Line 23, minus 1, multiplied by 100) 5.7000 % (27) First public budget hearing Date : 9/7/2024 Time : 10:00 AM EST Place : City Commission Chambers at City Hall, 3500 Pan American Drive Miami, Florida 33133 S I G N H E R E Taxing Authority Certification I certify the millages and rates are correct to the best of my knowledge. The millages comply with the provisions of s. 200.065 and the provisions of either s. 200.071 or s. 200.081, F.S. Signature of Chief Administrative Officer: Electronically Certified by Principal Taxing Authority Date : 7/29/2024 2:35:00 PM Title : Christina Crespi - CEO&ED Contact Name and Contact Title : Christina Crespi - CEO&ED Mailing Address : 200 South Biscayne Boulevard, Suite 2929 Physical Address : 200 South Biscayne Boulevard, Suite 2929 Miami Florida 33131 City, State, Zip : Miami Florida 33131 Phone Number : (305) 579-6675 Fax Number : Instructions on page 3 CERTIFICATION OF TAXABLE VALUE INSTRUCTIONS "Principal Authority" is a county, municipality, or independent special district (including water management districts). "Taxing Authority" is the entity levying the millage. This includes the principal authority, any special district dependent to the principal authority, any county municipal service taxing unit (MSTU), and water management district basins. Each taxing authority must submit to their property appraiser a DR-420 and the following forms, as applicable: • DR-420TIF, Tax Increment Adjustment Worksheet • DR-420DEBT, Certification of Voted Debt Millage • DR-420MM-P, Maximum Millage Levy Calculation - Preliminary Disclosure Section I: Property Appraiser Use this DR-420 form for all taxing authorities except school districts. Complete Section I, Lines 1 through 9, for each county, municipality, independent special district, dependent special district, MSTU, and multicounty taxing authority. Enter only taxable values that apply to the taxing authority indicated. Use a separate form for the principal authority and each dependent district, MSTU and water management district basin. Line 8 Complete a DR-420TIF for each taxing authority making payments to a redevelopment trust fund under Section 163.387 (2)(a), Florida Statutes or by an ordinance, resolution or agreement to fund a project or to finance essential infrastructure. Check "Yes" if the taxing authority makes payments to a redevelopment trust fund. Enter the number of DR-420TIF forms attached for the taxing authority on Line 8. Enter 0 if none. Line 9 Complete a DR-420DEBT for each taxing authority levying either a voted debt service millage (s.12, Article VII, State Constitution) or a levy voted for two years or less (s. 9(b), Article VII, State Constitution). Check "Yes" if the taxing authority levies either a voted debt service millage or a levy voted for 2 years or less (s. 9(b), Article VII, State Constitution). These levies do not include levies approved by a voter referendum not required by the State Constitution. Complete and attach DR-420DEBT. Do not complete a separate DR-420 for these levies. Send a copy to each taxing authority and keep a copy. When the taxing authority returns the DR-420 and the accompanying forms, immediately send the original to: Florida Department of Revenue Property Tax Oversight - TRIM Section P. O. Box 3000 Tallahassee, Florida 32315-3000 DR-420 R. 5/12 Page 3 Section II: Taxing Authority Complete Section II. Keep one copy, return the original and one copy to your property appraiser with the applicable DR-420TIF, DR-420DEBT, and DR-420MM-P within 35 days of certification. Send one copy to the tax collector. "Dependent special district" (ss. 200.001(8)(d) and 189.403(2), F.S.) means a special district that meets at least one of the following criteria: • The membership of its governing body is identical to that of the governing body of a single county or a single municipality. • All members of its governing body are appointed by the governing body of a single county or a single municipality. • During their unexpired terms, members of the special district's governing body are subject to removal at will by the governing body of a single county or a single municipality. • The district has a budget that requires approval through an affirmative vote or can be vetoed by the governing body of a single county or a single municipality. "Independent special district" (ss. 200.001(8)(e) and 189.403 (3), F.S.) means a special district that is not a dependent special district as defined above. A district that includes more than one county is an independent special district unless the district lies wholly within the boundaries of a single municipality. "Non -voted millage" is any millage not defined as a "voted millage" in s. 200.001(8)(f), F.S. Lines 12 and 14 Adjust the calculation of the rolled -back rate for tax increment values and payment amounts. See the instructions for DR-420TIF. On Lines 12 and 14, carry forward values from the DR-420TIF forms. Line 24 Include only those levies derived from millage rates. All TRIM forms for taxing authorities are available on our website at http://dor.myflorida.com/dor/property/trim FLORIDA Reset Form I MAXIMUM MILLAGE LEVY CALCULATION PRELIMINARY DISCLOSURE For municipal governments, counties, and special districts Print Form I DR-420MM-P R. 5/12 Rule 12D-16.002 Florida Administrative Code Effective 11/12 Year: 2024 County: Miami -Dade Principal Authority : Miami Downtown Development Authority Taxing Authority: Miami Downtown Development Authroity - Operating 1 Is your taxing authority a municipality or independent special district that has levied ad valorem taxes for Tess than 5 years? (1) Yes ✓ No IF YES, STOP STOP HERE. SIGN AND SUBMIT. You are not subject to a millage limitation. 2. Current year rolled -back rate from Current Year Form DR-420, Line 16 0.4262 per $1,000 (2) 3. Prior year maximum millage rate with a majority vote from 2023 Form DR-420MM, Line 13 0.4248 per $1,000 (3) 4. Prior year operating millage rate from Current Year Form DR-420, Line 10 0.4673 per $1,000 (4) If Line 4 is equal to or greater than Line 3, skip to Line 11. If less, continue to Line 5. Adjust rolled -back rate based on prior year majority -vote maximum millage rate 5. Prior year final gross taxable value from Current Year Form DR-420, Line 7 $ (5) 6 Prior year maximum ad valorem proceeds with majority vote (Line 3 multiplied by Line 5 divided by 1,000) $ (6) 7 Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a dedicated increment value from Current Year Form DR-420 Line 12 $ (7) 8. Adjusted prior year ad valorem proceeds with majority vote (Line 6 minus Line 7) $ (8) 9. Adjusted current year taxable value from Current Year form DR-420 Line 15 $ (9) 10. Adjusted current year rolled -back rate (Line 8 divided by Line 9, multiplied by 1,000) per $1,000 (10) Calculate maximum millage levy 11 Rolled -back rate to be used for maximum millage levy calculation (Enter Line 10 if adjusted or else enter Line 2) 0.4262ier $1,000 (11) 12. Adjustment for change in per capita Florida personal income (See Line 12 Instructions) 1.0569 (12) 13. Majority vote maximum millage rate allowed (Line 11 multiplied by Line 12) 0.4505 per $1,000 (13) 14. Two-thirds vote maximum millage rate allowed (Multiply Line 13 by 1.10) 0.4956 per $1,000 (14) 15. Current year proposed millage rate 0.4505 per $1,000 (15) 16. Minimum vote required to levy proposed millage: (Check one) (16) a. Majority vote of the governing body: Check here if Line 15 is less than or equal to Line 13. The maximum millage rate is equal to the majority vote maximum rate. Enter Line 13 on Line 17. ✓ ❑b. Two-thirds vote of governing body: Check here if Line 15 is less than or equal to Line 14, but greater than Line 13. The maximum millage rate is equal to proposed rate. Enter Line 15 on Line 17. ❑c. Unanimous vote of the governing body, or 3/4 vote if nine members or more: Check here if Line 15 is greater than Line 14. The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17. d. Referendum: The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17. 17.The selection on Line 16 allows a maximum millage rate of (Enter rate indicated by choice on Line 16) 0.4505 per $1,000 (17) 18. Current year gross taxable value from Current Year Form DR-420, Line 4 $ 30,067,524,964 (18) Continued on page 2 Taxing Authority : DR-420MM-P R. 5/12 Page 2 19. Current year proposed taxes (Line 15 multiplied by Line 18, divided by 1,000) $ 13,545,420 (19) 20 Total taxes levied at the maximum millage rate (Line 17multiplied by Line 18, divided by 1,000) $ 13,545,420 (20) DEPENDENT SPECIAL DISTRICTS AND MSTUs STOP STOP HERE. SIGN AND SUBMIT. 21. Enter the current year proposed taxes of all dependent special districts & MSTUs levying a millage. (The sum of all Lines 19 from each district's Form DR-420MM-P) $ 0 (21) 22. Total current year proposed taxes (Line 19 plus Line 21) $ 13,545,420 (22) Total Maximum Taxes 23 Enter the taxes at the maximum millage of all dependent special districts & MSTUs levying a millage (The sum of all Lines 20 from each district's Form DR-420MM-P) $ o (23) 24. Total taxes at maximum millage rate (Line 20 plus Line 23) $ 13,545,420 (24) Total Maximum Versus Total Taxes Levied 25. Are total current year proposed taxes on Line 22 equal to or less than total taxes at the maximum millage rate on Line 24? (Check one) YES NO (25) S I G N H E R E Taxing Authority Certification I certify the millages and rates are correct to the best of my knowledge. The millages comply with the provisions of s. 200.065 and the provisions of either s. 200.071 or s. 200.081, F.S. Signature of Chief Administrative Officer : Electronically Certified by Principal Taxing Authority Date : 7/29/2024 2:35:00 PM Title : Christina Crespi - CEO&ED Contact Name and Contact Title : Christina Crespi - CEO&ED Mailing Address : 200 South Biscayne Boulevard, Suite 2929 Physical Address : 200 South Biscayne Boulevard, Suite 2929 Miami Florida 33131 City, State, Zip : Miami Florida 33131 Phone Number : (305) 579-6675 Fax Number : Complete and submit this form DR-420MM-P, Maximum Millage Levy Calculation -Preliminary Disclosure, to your property appraiser with the form DR-420, Certification of Taxable Value. Instructions on page 3 MAXIMUM MILLAGE LEVY CALCULATION PRELIMINARY DISCLOSURE INSTRUCTIONS General Instructions Each of the following taxing authorities must complete a DR-420MM-P. • County • Municipality • Special district dependent to a county or municipality • County MSTU • Independent special district, including water management districts • Water management district basin Voting requirements for millages adopted by a two-thirds or a unanimous vote are based on the full membership of the governing body, not on the number of members present at the time of the vote. This form calculates the maximum tax levy for 2024 allowed under s. 200.065(5), F.S. Counties and municipalities, including dependent special districts and MSTUs, which adopt a tax levy at the final hearing higher than allowed under s. 200.065, F.S., may be subject to the Toss of their half -cent sales tax distribution. DR-420MM-P shows the preliminary maximum millages and taxes levied based on your proposed adoption vote. Each taxing authority must complete, sign, and submit this form to their property appraiser with their completed DR-420, Certification of Taxable Value. The vote at the final hearing and the resulting maximum may change. After the final hearing, each taxing authority will file a final Form DR-420MM, Maximum Millage Levy Calculation Final Disclosure, with Form DR-487, Certification of Compliance, with the Department of Revenue. Specific tax year references in this form are updated each year by the Department. Line Instructions DR-420MM-P R. 5/12 Page 3 Lines 5-10 Only taxing authorities that levied a 2024 millage rate less than their maximum majority vote rate must complete these lines. The adjusted rolled -back rate on Line 10 is the rate that would have been levied if the maximum vote rate for 2024 had been adopted. If these lines are completed, enter the adjusted rate on Line 11. Line 12 This line is entered by the Department of Revenue. The same adjustment factor is used statewide by all taxing authorities. It is based on the change in per capita Florida personal income (s. 200.001(8)(i), F.S.), which Florida Law requires the Office of Economic and Demographic Research to report each year. Lines 13 and 14 Millage rates are the maximum that could be levied with a majority or two-thirds vote of the full membership of the governing body. With a unanimous vote of the full membership (three -fourths vote of the full membership if the governing body has nine or more members) or a referendum, the maximum millage rate that can be levied is the taxing authority's statutory or constitutional cap. Line 16 Check the box for the minimum vote necessary at the final hearing to levy your adopted millage rate. Line 17 Enter the millage rate indicated by the box checked in Line 16. If the proposed millage rate is equal to or less than the majority vote maximum millage rate, enter the majority vote maximum. If a two-thirds vote, a unanimous vote, or a referendum is required, enter the proposed millage rate. For a millage requiring more than a majority vote, the proposed millage rate must be entered on Line 17, rather than the maximum rate, so that the comparisons on Lines 21 through 25 are accurate. All TRIM forms for taxing authorities are available on our website at http://floridarevenue.com/property/Paqes/Forms.aspx City of Miami Resolution R-24-0314 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 16399 Final Action Date: 9/7/2024 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE PROPOSED ANNUAL BUDGET OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA"), ATTACHED AND INCORPORATED AS EXHIBIT "A", IN THE TOTAL AMOUNT OF $21,738,700.00, AND MAKING APPROPRIATIONS FROM THE DOWNTOWN DEVELOPMENT DISTRICT AD VALOREM TAX LEVY AND OTHER MISCELLANEOUS INCOME FOR THE MIAMI DDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING THE MIAMI DDA TO MAKE TRANSFERS BETWEEN ACCOUNTS FOR NECESSARY AND PROPER PURPOSES; AUTHORIZING THE MIAMI DDA TO INVITE AND ADVERTISE REQUIRED BIDS; PROVIDING THAT THIS RESOLUTION BE DEEMED SUPPLEMENTAL AND IN ADDITION TO THE RESOLUTION MAKING APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025, FOR THE OPERATIONS OF THE CITY. WHEREAS, Section 14-59 of the Code of the City of Miami, Florida, as amended ("City Code"), provides that the Downtown Development Authority of the City of Miami, Florida ("Miami DDA"), shall submit its proposed annual budget for its operations to the City Commission for approval; and WHEREAS, the Board of Directors of the Miami DDA approved and adopted the Miami DDA's proposed annual budget for Fiscal Year 2024-2025 on July 12th, 2024, pursuant to Miami DDA Resolution 015/2024 in the total amount of $21,738,700.00; and WHEREAS, the Miami DDA requests the approval of the proposed annual budget for the Fiscal Year commencing October 1, 2024, and ending September 30, 2025, in the total amount of $21,738,700.00; 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 Miami DDA proposed annual budget, attached and incorporated as Exhibit "A", in the total amount of $21,738,700.00, for the operations of the Miami DDA to become the tentative annual budget, for the Fiscal Year commencing October 1, 2024, and ending September 30, 2025, is approved and adopted, and appropriations are made from the Downtown Development District ad valorem tax levy and other miscellaneous income for the Miami DDA. City of Miami Page 1 of 2 File ID: 16399 (Revision:) Printed On: 9/9/2024 File ID: 16399 Enactment Number: R-24-0314 Section 3. The abovementioned operating expenditures are merely anticipatory and thus, the Board of Directors of the Miami DDA is hereby authorized' to withhold any of these appropriated funds from encumbrance or expenditure should such action appear advantageous to the economic and efficient operation of the Miami DDA. Section 4. The Miami DDA is authorized' to make transfers between the detailed accounts comprising any of the amounts appropriated in Section 2 above so that any available and required balance in such accounts may be used for other necessary and proper purposes. Section 5. Subject to Chapter 18 of the City Code, the Miami DDA is further authorized' to solicit bids for the purposes of procuring any materials, supplies, equipment, and services embraced in the amounts appropriated in Section 2 above for which formal bidding is required with such bids being returnable as required by law. Section 6. This Resolution shall be deemed supplemental and in addition to the Resolution making appropriations for the operations of the City for the Fiscal Year commencing October 1, 2024, and ending September 30, 2025. Section 7. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: Wy j ng III, C y - or -y 8/28/2024 r\ ) 1 The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited, to those prescribed by applicable City Charter and City Code provisions. 2 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File ID: 16399 (Revision:) Printed on: 9/9/2024 City of Miami City Hall 3500 Pan American Drive Miami, FL 33133 Master Report www.miamigov.com Enactment Number: R-24-0314 File Number: 16399 Revision: File Type: Resolution File Name: Approve Tentative Budget FY '25 - Downtown Development Authority Status: ADOPTED Controlling Body: City Commission Introduced: 7/19/2024 Requesting Dept: Downtown Development Authority Final Action Date: 9/7/2024 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE PROPOSED ANNUAL BUDGET OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA"), ATTACHED AND INCORPORATED AS EXHIBIT "A", IN THE TOTAL AMOUNT OF $21,738,700.00, AND MAKING APPROPRIATIONS FROM THE DOWNTOWN DEVELOPMENT DISTRICT AD VALOREM TAX LEVY AND OTHER MISCELLANEOUS INCOME FOR THE MIAMI DDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING THE MIAMI DDA TO MAKE TRANSFERS BETWEEN ACCOUNTS FOR NECESSARY AND PROPER PURPOSES; AUTHORIZING THE MIAMI DDA TO INVITE AND ADVERTISE REQUIRED BIDS; PROVIDING THAT THIS RESOLUTION BE DEEMED SUPPLEMENTAL AND IN ADDITION TO THE RESOLUTION MAKING APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025, FOR THE OPERATIONS OF THE CITY. Notes: Links: Attachments: 16399 Exhibit A (PDF) 16399 Back -Up Documents (PDF) 16399 Pre -Legislation (PDF) 16399 Back -Up from Law Dept (PDF) History of Legislative File: Revision: Acting Body: Date: Action: Result: Christina Crespi 7/19/2024 Department Head Review Completed Pedro Lacret 7/29/2024 Budget Analyst Review Completed Marie Gouin 8/6/2024 Budget Review Completed Arthur Noriega V 8/7/2024 City Manager Review Completed Legislative Division 8/8/2024 Legislative Division Review Completed Xavier Alban 8/27/2024 ACA Review Completed George K. Wysong III 8/28/2024 Approved Form and Completed Correctness City Commission 9/7/2024 Meeting Completed City Commission 9/7/2024 ADOPTED Passed Mayor's Office 9/7/2024 Signed by the Mayor Completed City Clerk's Office 9/7/2024 Signed and Attested by the City Completed Clerk City Clerk's Office 9/7/2024 Rendered Completed City of Miami Page 1 of 1 Printed on: 9/9/2024 Miami DDA Budget Summary BUDGET SUMMARY The Downtown Development Authority of the City of Miami, Florida Fiscal Year 2024-2025 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI ARE 26% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES Revenue Sources Ad Valorem Tax Levy Reimbursements Reserve and Carryover 0.4505 Millage per $1000 GENERAL FUND $ 13,550,000 3,019,490 Total Revenues 16,569,490 Total Revenues and Balances 5,169,210 21,738,700 Operating Expenditures General Expenses 3,854,710 Leadership, Advocacy and Operations 2,116,000 Quality of Life & Enhanced Services 7,355,490 Arts, Culture & Entertainment 1,225,000 Urbanism 2,800,000 Business Development 3,710,000 Total Operating Expenditures 21,061,200 Fund Balances and Reserves 677,500 Total Expenditures, Reserves, and Balances 21,738,700 The tentative, adopted, and/or final budgets are on file in the office of the above referenced taxing authority as a public record. DRAFT Budget Ad 7/16/2024 Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases). $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Rsls!lpitti! , y Ad Valorem Taxes $9,970,300 $10,924,767 $12,301,500 $12,301,500 $12,872,500 +571,000 Per Millage calculations: 0.4505 Collection 100% = $13,550,000 Collection 95% = $12,872,500 Grant monies $166,688 $322,271 $310,000 $310,000 $644,490 +334,490 CRA Reimbursement (Contract). Other $123,259 $4,196,620 $565,000 $1,090,346 $2,375,000 +1,810,000 Interest Income (cannot forecast) $65k PIO (City Agreement) $1,860,000 DRI $450,000 IKE Kiosk Carryover Funds from Prior Years to $0 r $0 $3,521,000 $1,098,755 $5,169,210 +1,648,210 Will be based on need from Economic Recovery Reserve and Carryover. $3M = Unanticipated carryover due to the DDA office move to the new location being postponed due to negotiations which resulted in cost savings over the next 10 years (includes, furniture, permits, rent, storage). The move will take place in this fiscal year. $2.2M - approximately in carryover to fund enhanced services for safety and sanitation programs and urban planning projects. Revenue Grand Total - $10,260,247 $15,443,658 $16,697,500 $14,800,601 $21,061,200 $4,363,700 Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much Is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) _ $70,000 PIO Reimbursement = $65,000 (part of salary) Regular Salary and Wages $2,369,402 $2,004,888 $2,950,000 $2,631,790 $2,790,100 -159,900 Increase on salaries overall = 6% (3% Performance / 3% Cost of Living) Plus other salary related add ons. FICA Taxes $172,426 $144,825 $236,000 $148,856 $334,850 +98,850 COL, salaries. Retirement Contributions $163,422 $139,277 $206,500 $158,122 $209,260 +2,760 COL, salaries. Life and Health Insurance $344,818 $336,630 $600,000 $347,439 $400,000 -200,000 COL, salaries. Negotiated new agreements. Workers' Compensation $26,768 $34,113 $30,000 $45,000 $50,000 +20,000 Increase in insurance. Professional Services - Legal $35,000 $27,500 $60,000 $30,000 $60,000 0 Contract with the City of Miami. Professional Services $89,913 $93,729 $100,000 $100,000 $100,000 0 IT Services Contract Accounting and Auditing $22,000 $27,000 $35,000 $35,000 $35,000 0 Required Annual Audit and ARPA Funds Audit. Other Contractual Services $95,769 $188,328 $422,000 $302,000 $310,000 -112,000 Intergovernmental Advocacy (State) , IT relocation, Procurement Services, Expert Consultant (allocation moved to Professional Services), and Human Resources Professional Services. Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Ambassadors' Program $927,943 $1,065,076 $980,000 $980,000 $1,500,000 +520,000 The $1.5M allocation for the Ambassadors is an estimate based on the enhancements for the new contract period. As part of the new contract, we are proposing to increase personnel to include an Assistant Operations Manager, one Supervisor, and 2 additional Ambassadors. This addition to the team brings the total personnel count to 27 staff people (24 currently on Team). 2 Operations Supervisors — budgeted both at $130,000/6 Lead Supervisors — currently make $18/hour/19 Ambassadors — currently make $16/hour Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PI0 Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PI0 Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PI0 Reimbursement = $65,000 (part of salary) RA 1 eam $138,287 $322,271 $310,000 $310,000 $644,490 +334,490 CRA contract (reimbursement). Increases Team members from 10 to 15 Increases hourly rate of $12 to $14 (please note that the minimum wage will increase to $13 on September 29th) Increases Mentor pay rate —mentor rate is $3 above minimum wage ($17/hour) Adds the purchase of a new truck/vehicle as current one is no longer in service. Increases cost of supplies to include, but not limited to: uniforms, brooms, dust pans, safety vests, mega brutes, branding of mega brutes and vehicle, gloves, googles, gas, insurance (new vehicle), lawn equipment, etc. Personnel costs are estimated at $484,000 (13 Team Members, 2 Mentors, and 1 DDA Supervisor New Vehicle is budgeted at $40,000 (insurance costs will increase slightly) Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 5125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases)= $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) DET Team and Supplies DET Truck 1 $398,011 /; $604,462 $965,000 $965,000 $2,521,000 +1,556,000 Camillus Agreement (2nd year - increase to accommodate minimum wage adjustment) Downtown Enhancement Team at 50 Team members Increase Mentor pay rate - mentor rate is $3 above minimum wage ($17/hour) DET Team: Increase Team member hourly rate of $12 to $14 (please note that the minimum wage will increase to $13 on September 29th) - $1,500,000 Insurance costs, warehouse, parking, increase in prices for supplies/equipment, fleet will require more maintenance - $966,000 Purchase New Truck/Vehicle / Aging Fleet - $40,000 Training Classes for Enhanced Services Staff - $5,000 One year Pilot program for DET Technology (8 units) - $10,000 Supplies for Enhancement Team ' $25,78$ ' "-' `'' - 540,000 $0 $0 $0 0 Included in DET Team and supplies. Downtown Development Authority of the City of Miami Budget Template FY 202425 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases} = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) _ $70,000 PIO Reimbursement = $65,000 (part of salary) NEAT Team Information Centers Program Management $194,868 $192,207 $195,000 $195,000 $195,000 0 NEAT Agreement (2nd Year - remains the same) $50,000 $25,000 $50,000 $25,000 $0 -50,000 Moved to Community Activations and Grants $3,605 $0 $0 $0 $0 0 Included in Sponsorship line item Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed I Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 P10 Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases)= $70,000 PI0 Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? _ $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PI0 Reimbursement = $65,000 (part of salary) $299,359 $20,761 $765,000 $765,000 $2,000,000 +1,235,000 Additional Police Officers in Downtown - $650k Cameras/License Plate readers (Phase II and III) - $1.2M Pressure Washing of sidewalks - $25,000 Collaborate with Solid Waste on providing property owners dog waste containers as a result of an inventory conducted and inquiries to increase the amount of containers - $25,000 Adding Pressure Washing Equipment- $10k Dog Spot (Park Maintenance) - $15,000 Creating safer and cleaner trash free streets thru a collaboration with the Solid Waste Dept. Pilot Project to inventory current trash receptacles and purchase larger trash cans - $50k (10 SenseMax unit, to include installation, 5 year warranty and software) Graffiti Task Force - $5,000 in supplies. Supplies include paint, graffiti remover, rags, paint brushes, paint supplies and cart. Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted T FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PI0 Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PI0 Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) _ $70,000 PI0 Reimbursement = $65,000 (part of salary) Pit Stop Program $470,419 $319,432 $0 $0 $0 0 Allocation moved to DET Team line item Travel and Per Diem $32,116 $15,150 $50,000 $50,000 $0 -50,000 In -person conferences and meetings. Allocation moved to Professional Development and Conferences. Communications and Related Services $124,008 $364,880 $355,000 $333,200 $610,000 +255,000 Banners, Advertising, Collateral Materials, Videos, Promotional Materials, Website and Holiday Lights (all Flagler Street and Avenue 3 ). Postage $1,378 $1,220 $6,000 $4,500 $6,000 0 Postage, Couriers, etc. Annual Report been sent via mail. Utilities $21,593 $22,050 $40,000 $30,000 $40,000 0 Common areas expense, phone, internet, etc. Rentals and Leases $323,919 $358,205 $234,000 $524,000 $566,000 +332,000 Office and Storage rent, and visitor parking. lncrease due to delay in moving and extension of current office lease until move to new location. Repair and Maintenance Services $16,262 $10,237 $299,000 $244,000 $170,000 -129,000 Miscellaneous items needed for operations of the office such as cleaning, repairs and security system. Donation of furniture. Printing and Binding, $12,245 $14,706 $30,000 $20,000 $35,000 +5,000 Copy Machines Usage Advertising and Related Posts' , , J -. $28,603 $20,157 50 $0 50 0 Allocation moved to Research and Strategy line item Office Supplies $23,558 $10,655 $19,000 $30,000 $40,000 +21,000 Supplies for employees and office. Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Subscriptions, Memberships, and Licenses $26,974 $26,817 $30,000 $30,000 $45,000 +15,000 Increase in required Software & Licenses for employees. Capital Projects and Purchases $248,648 $1,840,879 $2,490,000 $2,290,000 $2,590,000 +100,000 Master Plan 2050, BayWalk/RiverWalk + Connections, Transportation Initiatives, Flagler Street PIO Office, Avenue 3„ Hardscape and Streetscape Plan, 3D Development Pipeline, Downtown Miami Bike Network, and Public Realm Improvements. All Other Expenditures - - - - - - Please see detail below: Other Staff Benefits $73,836 $66,363 $102,000 $53,649 $117,000 +15,000 Cellphones reimbursement. Public transportation cost for staff and parking. Additional Operational Expenses $41,841 $20,291 $35,000 $82,825 $128,500 +93,500 Meetings, Required Ads & Filings for Budget, Vendor Program, Procurement costs, current and new office equipment and processing fees. Insurance Cost $25,189 $26,771 $27,000 $30,220 $26,000 -1,000 Various insurances and increases in costs Professional Development - - , , i $36,983 r., -' $87,187 $125,000 $125,000 $300,000 +175,000 Tuition reimbursement and professional development for staff to remain competitive and retain talent.(Moved Conferences here) n J Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Small Business Grants $106,161 $146,450 $886,000 $200,000 $1,100,000 +214,000 Various grant assistance programs (Creation of a small business incentive program, Flagler Reconstruction grant to retain businesses, Lighting grant (increased), and Facade Improvement Program grant Targeted Programs & Activations $455,897 $228,817 $660,000 $360,000 $305,000 -355,000 Activations, Educational Initiatives, and Homeless/outreach programs (reduction due to contracts being re- negotiated at better rates). Community Activations and Grants $256,750 $562,154 $450,000 $750,000 $1,225,000 +775,000 Legacy and Competitive Grant programs increased to bring more activations to Downtown. Information Center in both areas - Downtown and Brickell and Community Activations and Grants. Public Relations $166,400 $264,100 $195,000 $195,000 $208,000 +13,000 Public Relations Contract (yearly increase and incidentals). Research and Strategy 6 to $126,203 7 .) ' (.. i i c;' ;0 v $77,712 $335,000 $210,000 $400,000 +65,000 Required per code to conduct Research Reports in the Office Market, Residential Market, Demographics, Retail Study for CBD and Marketing Strategy/Initiatives including creation of a Branding Plan. Downtown Development Authority of the City of Miami Budget Template FY 2024-25 Proposed Budget FY 2021-22 Actual FY 2022-23 Actual FY 2023-24 Adopted FY 2023-24 Projection FY 2024-25 Proposed Difference Notes Number of Full -Time Positions 27 27 30 30 30 0 Are any positions funded in other budgets? Yes Yes Yes Yes Yes CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in this budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) If so, how much is in the other budget? $ 125,000 $ 125,000 $125,000 $ 125,000 $ 135,000 +10,000 CRA Reimbursement (salary and benefits increases) = $70,000 PIO Reimbursement = $65,000 (part of salary) Special Initiatives $888,418 $420,344 $2,025,000 $2,050,000 $1,825,000 -250,000 Business Development Corporate Recruitment, incentives to recruit new to market businesses, grants. Permitting and Small Business Assistance $127,396 $125,825 $350,000 $150,000 $175,000 -175,000 Advertise and Promote Small Businesses Streamline the Permitting process to make it easier for businesses thru the permit clinic and other initiatives Potentially hire a permit runner position. Prospera Classes for small businesses Create a program to support the new Retail grant incentive fund. Support marketing efforts for those businesses and increase TA activities that support success of the businesses. Expenditure Grand Total $8,992,174 $10,296,517 $16,697,500 $14,800,601 $21,061,200 +4,363,700 Revenues Minus Expenditures $1,268,073 $5,147,141 $0 $0 $0 fir;.G rd Sdd.3�! Select Year: 2023 \/ Go The 2023 Florida Statutes (including Special Session C) Title XIV Chanter 200 View Entire Chapter TAXATION AND FINANCE DETERMINATION OF MILLAGE 200.065 Method of fixing millage.— (1) Upon completion of the assessment of all property pursuant to s. 193.023, the property appraiser shall certify to each taxing authority the taxable value within the jurisdiction of the taxing authority. This certification shall include a copy of the statement required to be submitted under s. 195.073(3), as applicable to that taxing authority. The form on which the certification is made shall include instructions to each taxing authority describing the proper method of computing a millage rate which, exclusive of new construction, additions to structures, deletions, increases in the value of improvements that have undergone a substantial rehabilitation which increased the assessed value of such improvements by at least 100 percent, property added due to geographic boundary changes, total taxable value of tangible personal property within the jurisdiction in excess of 115 percent of the previous year's total taxable value, and any dedicated increment value, will provide the same ad valorem tax revenue for each taxing authority as was levied during the prior year less the amount, if any, paid or applied as a consequence of an obligation measured by the dedicated increment value. That millage rate shall be known as the "rolled -back rate." The property appraiser shall also include instructions, as prescribed by the Department of Revenue, to each county and municipality, each special district dependent to a county or municipality, each municipal service taxing unit, and each independent special district describing the proper method of computing the millage rates and taxes levied as specified in subsection (5). The Department of Revenue shall prescribe the instructions and forms that are necessary to administer this subsection and subsection (5). The information provided pursuant to this subsection shall also be sent to the tax collector by the property appraiser at the time it is sent to each taxing authority. (2) No millage shall be levied until a resolution or ordinance has been approved by the governing board of the taxing authority which resolution or ordinance must be approved by the taxing authority according to, the following procedure: (a)1. Upon preparation of a tentative budget, but prior to adoption thereof, each taxing authority shhl compute a proposed millage rate necessary to fund the tentative budget other than the portion ifihe bi get to be funded from sources other than ad valorem taxes. In computing proposed or final millage rates, -mod tg rt, authority shall utilize not less than 95 percent of the taxable value certified pursuant to subsection; (1)..,0 2. The tentative budget of the county commission shall be prepared and submitted in accord ice vv€h s. 129.03. 3. The tentative budget of the school district shall be prepared and submitted in accordance`withMapter 1011, provided that the date of submission shall not be later than 24 days after certification of value pursuant to subsection (1). 4. Taxing authorities other than the county and school district shall prepare and consider tentative and final budgets in accordance with this section and applicable provisions of law, including budget procedures applicable to the taxing authority, provided such procedures do not conflict with general law. (b) Within 35 days of certification of value pursuant to subsection (1), each taxing authority shall advise the property appraiser of its proposed millage rate, of its rolled -back rate computed pursuant to subsection (1), and of the date, time, and place at which a public hearing will be held to consider the proposed millage rate and the tentative budget. The property appraiser shall utilize this information in preparing the notice of proposed property taxes pursuant to s. 200.069. The deadline for mailing the notice shall be the later of 55 days after certification of value pursuant to subsection (1) or 10 days after either the date the tax roll is approved or the interim roll procedures under s. 193.1145 are instituted. However, for counties for which a state of emergency was declared by executive order or proclamation of the Governor pursuant to chapter 252, if mailing is not possible during the state of emergency, the property appraiser may post the notice on the county's website. If the deadline for mailing the notice of proposed property taxes is 10 days after the date the tax roll is approved or the interim roll procedures are instituted, all subsequent deadlines provided in this section shall be extended. In addition, the deadline for mailing the notice may be extended for 30 days in counties for which a state of emergency was declared by executive order or proclamation of the Governor pursuant to chapter 252, and property appraisers may use alternate methods of distribution only when mailing the notice is not possible. In such event, however, property appraisers must work with county tax collectors to ensure the timely assessment and collection of taxes. The number of days by which the deadlines shall be extended shall equal the number of days by which the deadline for mailing the notice of proposed taxes is extended beyond 55 days after certification. If any taxing authority fails to provide the information required in this paragraph to the property appraiser in a timely fashion, the taxing authority shall be prohibited from levying a millage rate greater than the rolled -back rate computed pursuant to subsection (1) for the upcoming fiscal year, which rate shall be computed by the property appraiser and used in preparing the notice of proposed property taxes. Each multicounty taxing authority that levies taxes in any county that has extended the deadline for mailing the notice due to a declared state of emergency and that has noticed hearings in other counties must advertise the hearing at which it intends to adopt a tentative budget and millage rate in a newspaper of general paid circulation within each county not less than 2 days or more than 5 days before the hearing. (c) Within 80 days of the certification of value pursuant to subsection (1), but not earlier than 0 days,;after certification, the governing body of each taxing authority shall hold a public hearing on the tentative buddy et and proposed millage rate. Prior to the conclusion of the hearing, the governing body of the taxing authority shall amend the tentative budget as it sees fit, adopt the amended tentative budget, recompute its pprppose�ttiillage rate, and publicly announce the percent, if any, by which the recomputed proposed millage rate `e ceeds,the rolled -back rate computed pursuant to subsection (1). That percent shall be characterized as the, Orcenf ge increase in property taxes tentatively adopted by the governing body. ) , (d) Within 15 days after the meeting adopting the tentative budget, the taxing authority shall advetse in a newspaper of general circulation in the county as provided in subsection (3), its intent to finally adopt a millage rate and budget. A public hearing to finalize the budget and adopt a millage rate shall be held not less than 2 days nor more than 5 days after the day that the advertisement is first published. In the event of a need to postpone or recess the final meeting due to a declared state of emergency, the taxing authority may postpone or recess the hearing for up to 7 days and shall post a prominent notice at the place of the original hearing showing the date, time, and place where the hearing will be reconvened. The posted notice shall measure not less than 8.5 by 11 inches. The taxing authority shall make every reasonable effort to provide reasonable notification of the continued hearing to the taxpayers. The information must also be posted on the taxing authority's website. During the hearing, the governing body of the taxing authority shall amend the adopted tentative budget as it sees fit, adopt a final budget, and adopt a resolution or ordinance stating the millage rate to be levied. The resolution or ordinance shall state the percent, if any, by which the millage rate to be levied exceeds the rolled -back rate computed pursuant to subsection (1), which shall be characterized as the percentage increase in property taxes adopted by the governing body. The adoption of the budget and the millage-levy resolution or ordinance shall be by separate votes. For each taxing authority levying millage, the name of the taxing authority, the rolled -back rate, the percentage increase, and the millage rate to be levied shall be publicly announced before the adoption of the millage-levy resolution or ordinance. In no event may the millage rate adopted pursuant to this paragraph exceed the millage rate tentatively adopted pursuant to paragraph (c). If the rate tentatively adopted pursuant to paragraph (c) exceeds the proposed rate provided to the property appraiser pursuant to paragraph (b), or as subsequently adjusted pursuant to subsection (11), each taxpayer within the jurisdiction of the taxing authority shall be sent notice by first-class mail of his or her taxes under the tentatively adopted millage rate and his or her taxes under the previously proposed rate. The notice must be prepared by the property appraiser, at the expense of the taxing authority, and must generally conform to the requirements of s. 200.069. If such additional notice is necessary, its mailing must precede the hearing held pursuant to this paragraph by not less than 10 days and not more than 15 days. (e)1. In the hearings required pursuant to paragraphs (c) and (d), the first substantive issue discussed shall be the percentage increase in millage over the rolled -back rate necessary to fund the budget, if any, and the specific purposes for which ad valorem tax revenues are being increased. During such discussion, the governing body shall hear comments regarding the proposed increase and explain the reasons for the proposed increase over the rolled - back rate. The general public shall be allowed to speak and to ask questions before adoption of any measures by the governing body. The governing body shall adopt its tentative or final millage rate before adopting its tentative or final budget. 2. These hearings shall be held after 5 p.m. if scheduled on a day other than Saturday. No hearing shall be held on a Sunday. The county commission shall not schedule its hearings on days scheduled for hearings by the school board. The hearing dates scheduled by the county commission and school board shall not be utilized by any other taxing authority within the county for its public hearings. However, in counties for which a state of emergency was declared by executive order or proclamation of the Governor pursuant to chapter 252 and the rescheduling of hearings on the same day is unavoidable, the county commission and school board must conduct their hearings at different times, and other taxing authorities must schedule their hearings so as not to conflict with the times of the county commission and school board hearings. A muiticounty taxing authority shall make every reasonable effort to avoid scheduling hearings on days utilized by the counties or school districts within its jurisdiction. Tax levies and budgets for dependent special taxing districts shall be adopted at the hearings for the taxing authority to which such districts are dependent, following such discussion and adoption of levies and budgets for the superior taxing authority. A taxing authority may adopt the tax levies for all of its dependent special taxing districts, and may adopt the budgets for all of its dependent special taxing districts, by a single unanimous vote. However, if a member of the general public requests that the tax levy or budget of a dependent special taxing district be separately discussed and separately adopted, the taxing authority shall discuss and adopt that tax levy oriudget separately. If, due to circumstances beyond the control of the taxing authority, including a state cif emerg ncy kkq. declared by executive order or proclamation of the Governor pursuant to chapter 252, the hearing provided fort, paragraph (c) or paragraph (d) is recessed or postponed, the taxing authority shall publish a notice In a oewspaper of general paid circulation in the county. The notice shall state the time and place for the continuation of the hearing and shall be published at least 2 days but not more than 5 days before the date the hearing wilt continued. In the event of postponement or recess due to a declared state of emergency, all subseAuenrSdatesiiji this section shall be extended by the number of days of the postponement or recess. Notice of the postponement or recess must be in writing by the affected taxing authority to the tax collector, the property appraiser, and the Department of Revenue within 3 calendar days after the postponement or recess. In the event of such extension, the affected taxing authority must work with the county tax collector and property appraiser to ensure timely assessment and collection of taxes. (f)1. Notwithstanding any provisions of paragraph (c) to the contrary, each school district shall advertise its intent to adopt a tentative budget in a newspaper of general circulation pursuant to subsection (3) within 29 days of certification of value pursuant to subsection (1). Not less than 2 days or more than 5 days thereafter, the district shall hold a public hearing on the tentative budget pursuant to the applicable provisions of paragraph (c). In the event of postponement or recess due to a declared state of emergency, the school district may postpone or recess the hearing for up to 7 days and shall post a prominent notice at the place of the original hearing showing the date, time, and place where the hearing will be reconvened. The posted notice shall measure not less than 8.5 by 11 inches. The school district shall make every reasonable effort to provide reasonable notification of the continued hearing to the taxpayers. The information must also be posted on the school district's website. 2. Notwithstanding any provisions of paragraph (b) to the contrary, each school district shall advise the property appraiser of its recomputed proposed millage rate within 35 days of certification of value pursuant to subsection (1). The recomputed proposed millage rate of the school district shall be considered its proposed millage rate for the purposes of paragraph (b). 3. Notwithstanding any provisions of paragraph (d) to the contrary, each school district shall hold a public hearing to finalize the budget and adopt a millage rate within 80 days of certification of value pursuant to subsection (1), but not earlier than 65 days after certification. The hearing shall be held in accordance with the applicable provisions of paragraph (d), except that a newspaper advertisement need not precede the hearing. (g) Notwithstanding other provisions of law to the contrary, a taxing authority may: 1. Expend moneys based on its tentative budget after adoption pursuant to paragraph (c) and until such time as its final budget is adopted pursuant to paragraph (d), only if the fiscal year of the taxing authority begins prior to adoption of the final budget or, in the case of a school district, if the fall term begins prior to adoption of the final budget; or 2. Readopt its prior year's adopted final budget, as amended, and expend moneys based on that budget until such time as its tentative budget is adopted pursuant to paragraph (c), only if the fiscal year of the taxing authority begins prior to adoption of the tentative budget. The readopted budget shall be adopted by resolution without notice pursuant to this section at a duly constituted meeting of the governing body. (3) The advertisement shall be published as provided in chapter 50. If the advertisement is published in the print edition of a newspaper, the advertisement must be no less than one -quarter page in size of a standard size or a tabloid size newspaper, and the headline in the advertisement shall be in a type no smaller than 18 point. The advertisement shall not be placed in that portion of the newspaper where legal notices and classified advertisements appear. The advertisement shall be published in a newspaper in the county or in a geographically limited insert of such newspaper. The geographic boundaries in which such insert is circulated shall include the geographic boundaries of the taxing authority. It is the legislative intent that, whenever possible, the advertisement appear in a newspaper that is published at least weekly unless the only newspaper in the county is published less than weekly, or that the advertisement appear in a geographically limited insert of such newspaper which insert is published throughout the taxing authority's jurisdiction at least twice each week. It is further the legislative intent that the newspaper selected be one of general interest and readership in the community pursuant to chapter 50. (a) For taxing authorities other than school districts which have tentatively adopted a millage rate in excess of 100 percent of the rolled -back rate computed pursuant to subsection (1), the advertisement shall be in the following form: NOTICE OF PROPOSED TAX INCREASE The (name of the taxing authority) has tentatively adopted a measure to increase its property tax levy. Last year's property tax levy: A. Initially proposed tax levy $XX,XXX,XXX B. Less tax reductions due to Value Adjustment Board and other assessment changes ($)0X,XXX,XX() (( 7 —( C. Actual property tax levy $XX,XXX,XXX, This year's proposed tax levy $XX,XXX,XXX All concerned citizens are invited to attend a public hearing on the tax increase to be held on'JdalSand tiro at f (meeting ice) . A FINAL DECISION on the proposed tax increase and the budget will be made at this hearing. (b) In all instances in which the provisions of paragraph (a) are inapplicable for taxing authorities other than school districts, the advertisement shall be in the following form: NOTICE OF BUDGET HEARING { The Jpame of taxingauthority,L, has tentatively adopted a budget for Jfiscal vearL. A public hearing to make a FINAL DECISION on the budget AND TAXES will be held on _(date and timeL at jmeeting_placel_ (c) For school districts which have proposed a millage rate in excess of 100 percent of the rolled -back rate computed pursuant to subsection (1) and which propose to levy nonvoted millage in excess of the minimum amount required pursuant to s. 1011.60(6), the advertisement shall be in the following form: NOTICE OF PROPOSED TAX INCREASE The Jname of school district) will soon consider a measure to increase its property tax levy. Last year's property tax levy: A. initially proposed tax levy $XX,XXX,XXX B. Less tax reductions due to Value Adjustment Board and other assessment changes ($XX,XXX,XXX) C. Actual property tax levy $XX,XXX,XXX This year's proposed tax levy $XX,XXX,XXX A portion of the tax levy is required under state law in order for the school board to receive $ (amount A) in state education grants. The required portion has (increased or decreased)_ by (amount s)_ percent and represents approximately (amount C) of the total proposed taxes. The remainder of the taxes is proposed solely at the discretion of the school board. All concerned citizens are invited to a public hearing on the tax increase to be held on (date and time) at (meeting place . A DECISION on the proposed tax increase and the budget will be made at this hearing. 1. AMOUNT A shall be an estimate, provided by the Department of Education, of the amount to be received in the current fiscal year by the district from state appropriations for the Florida Education Finance Program. 2. AMOUNT B shall be the percent increase over the rolled -back rate necessary to levy only the required local effort in the current fiscal year, computed as though in the preceding fiscal year only the required local effort was levied. 3. AMOUNT C shall be the quotient of required local -effort millage divided by the total proposed nonvoted millage, rounded to the nearest tenth and stated in words; however, the stated amount shall not exceed nine - tenths. (d) For school districts which have proposed a millage rate in excess of 100 percent of the rolled -back rate computed pursuant to subsection (1) and which propose to levy as nonvoted millage only the minimum amount required pursuant to s. 1011.60(6), the advertisement shall be the same as provided in paragraph (c), except that the second and third paragraphs shall be replaced with the following paragraph: This increase is required under state law in order for the school board to receive $Jamount AL ire s'ta grants. (e) In all instances in which the provisions of paragraphs (c) and (d) are inapplicable for school distri'dd$, the advertisement shall be in the following form: NOTICE OF BUDGET HEARING N The Jname of school district)_ will soon consider a budget for (fiscal yr,)_. A public hearing to make a DECISION on the budget AND TAXES will be held on jdate and timeL at (meeting placeL. (f) In lieu of publishing the notice set out in this subsection, the taxing authority may mail a copy of the notice to each elector residing within the jurisdiction of the taxing authority. (g) In the event that the mailing of the notice of proposed property taxes is delayed beyond September 3 in a county, any multicounty taxing authority which levies ad valorem taxes within that county shall advertise its intention to adopt a tentative budget and millage rate in a newspaper within that county which meets the requirements of chapter 50, as provided in this subsection, and shall hold the hearing required pursuant to paragraph (2)(c) not less than 2 days or more than 5 days thereafter, and not later than September 18. The advertisement shall be in the following form, unless the proposed millage rate is less than or equal to the rolled - back rate, computed pursuant to subsection (1), in which case the advertisement shall be as provided in paragraph (e): NOTICE OF TAX INCREASE The Jname of the taxing authority) proposes to increase its property tax levy by J erc ge of increase over rolled -back rate)_ percent. All concerned citizens are invited to attend a public hearing on the proposed tax increase to be held on (date and time) at (meeting place) (h) In no event shall any taxing authority add to or delete from the language of the advertisements as specified herein unless expressly authorized by law, except that, if an increase in ad valorem tax rates will affect only a portion of the jurisdiction of a taxing authority, advertisements may include a map or geographical description of the area to be affected and the proposed use of the tax revenues under consideration. In addition, if published in the print edition of the newspaper, the map must be included in the online advertisement required by s. 50.0211. The advertisements required herein shall not be accompanied, preceded, or followed by other advertising or notices which conflict with or modify the substantive content prescribed herein. (i) The advertisements required pursuant to paragraphs (b) and (e) need not be one -quarter page in size or have a headline in type no smaller than 18 point. (j) The amounts to be published as percentages of increase over the rolled -back rate pursuant to this subsection shall be based on aggregate millage rates and shall exclude voted millage levies unless expressly provided otherwise in this subsection. (k) Any taxing authority which will levy an ad valorem tax for an upcoming budget year but does not levy an ad valorem tax currently shall, in the advertisement specified in paragraph (a), paragraph (c), paragraph (d), or paragraph (g), replace the phrase "increase its property tax levy by Jpercentage of increase over rolled -back rate) percent" with the phrase "impose a new property tax levy of $Jamount) per $1,000 value." (l) Any advertisement required pursuant to this section shall be accompanied by an adjacent notice meeting the budget summary requirements of s. 129.03(3)(b). Except for those taxing authorities proposing to levy ad valorem taxes for the first time, the following statement shall appear in the budget summary in boldfaced type immediately following the heading, if the applicable percentage is greater than zero: THE PROPOSED OPERATING BUDGET EXPENDITURES OF Jname of taxing authority) ARE Jpercent rounded to ohe decimal plaeea4 MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES. is N .. For purposes of this paragraph, "proposed operating budget expenditures" or "operating expenditures" means ' ! moneys of the local government, including dependent special districts, that: 1. Were or could be expended during the applicable fiscal year, or 2. Were or could be retained as a balance for future spending in the fiscal year. Provided, however, those moneys held in or used in trust, agency, or internal service funds, and expenditures of bond proceeds for capital outlay or for advanced refunded debt principal, shall be excluded. (4) The resolution or ordinance approved in the manner provided for in this section shall be forwarded to the property appraiser and the tax collector within 3 days after the adoption of such resolution or ordinance. No millage other than that approved by referendum may be levied until the resolution or ordinance to levy required in subsection (2) is approved by the governing board of the taxing authority and submitted to the property appraiser and the tax collector. The receipt of the resolution or ordinance by the property appraiser shall be considered official notice of the millage rate approved by the taxing authority, and that millage rate shall be the rate applied by the property appraiser in extending the rolls pursuant to s. 193.122, subject to the provisions of subsection (6). These submissions shall be made within 101 days of certification of value pursuant to subsection (1). (5) In each fiscal year: (a) The maximum millage rate that a county, municipality, special district dependent to a county or municipality, municipal service taxing unit, or independent special district may levy is a rolled -back rate based on the amount of taxes which would have been levied in the prior year if the maximum millage rate had been applied, adjusted for change in per capita Florida personal income, unless a higher rate was adopted, in which case the maximum is the adopted rate. The maximum millage rate applicable to a county authorized to levy a county public hospital surtax under s. 212.055 and which did so in fiscal year 2007 shall exclude the revenues required to be contributed to the county public general hospital in the current fiscal year for the purposes of making the maximum millage rate calculation, but shall be added back to the maximum millage rate allowed after the roll back has been applied, the total of which shall be considered the maximum millage rate for such a county for purposes of this subsection. The revenue required to be contributed to the county public general hospital for the upcoming fiscal year shall be calculated as 11.873 percent times the millage rate levied for countywide purposes in fiscal year 2007 times 95 percent of the preliminary tax roll for the upcoming fiscal year. A higher rate may be adopted only under the following conditions: 1. A rate of not more than 110 percent of the rolled -back rate based on the previous year's maximum millage rate, adjusted for change in per capita Florida personal income, may be adopted if approved by a two-thirds vote of the membership of the governing body of the county, municipality, or independent district; or 2. A rate in excess of 110 percent may be adopted if approved by a unanimous vote of the membership of the governing body of the county, municipality, or independent district or by a three -fourths vote of the membership of the governing body if the governing body has nine or more members, or if the rate is approved by a referendum. (b) The millage rate of a county or municipality, municipal service taxing unit of that county, and any special district dependent to that county or municipality may exceed the maximum millage rate calculated pursuant to this subsection if the total county ad valorem taxes levied or total municipal ad valorem taxes levied do not exceed the maximum total county ad valorem taxes levied or maximum total municipal ad valorem taxes levied respectively. Voted millage and taxes levied by a municipality or independent special district that has levied ad valorem taxes for less than 5 years are not subject to this limitation. The millage rate of a county authorized to levy a county public hospital surtax under s. 212.055 may exceed the maximum millage rate calculated pursuant to this subsection to the extent necessary to account for the revenues required to be contributed to the county public hospital. Total taxes levied may exceed the maximum calculated pursuant to subsection (6) as a rest* of an increase in taxable value above that certified in subsection (1) if such increase is less than the percentageamounts contained in subsection (6) or if the administrative adjustment cannot be made because the valu8:adjustment board is still in session at the time the tax roll is extended; otherwise, millage rates subject to th subs cjion may be reduced so that total taxes levied do not exceed the maximum. x Any unit of government operating under a home rule charter adopted pursuant to ss. 10, 11, and:24, Art.'VIII of the State Constitution of 1885, as preserved by s. 6(e), Art. VII I of the State Constitution, whi0 r is ,granted , Vhe authority in the State Constitution to exercise all the powers conferred now or hereafter by genet law upon municipalities and which exercises such powers in the unincorporated area shall be recognized' as a municipality under this subsection. For a downtown development authority established before the effective date of the State Constitution which has a millage that must be approved by a municipality, the governing body of that municipality shall be considered the governing body of the downtown development authority for purposes of this subsection. (6) Prior to extension of the rolls pursuant to s. 193.122, the property appraiser shall notify each taxing authority of the aggregate change in the assessment roll, if any, from that certified pursuant to subsection (1), including, but not limited to, those changes which result from actions by the value adjustment board or from corrections of errors in the assessment roll. Municipalities, counties, school boards, and water management districts may adjust administratively their adopted millage rate without a public hearing if the taxable value within the jurisdiction of the taxing authority as certified pursuant to subsection (1) is at variance by more than 1 percent with the taxable value shown on the roll to be extended. Any other taxing authority may adjust administratively its adopted millage rate without a public hearing if the taxable value within the jurisdiction of the taxing authority as certified pursuant to subsection (1) is at variance by more than 3 percent with the taxable value shown on the roll to be extended. The adjustment shall be such that the taxes computed by applying the adopted rate against the certified taxable value are equal to the taxes computed by applying the adjusted adopted rate to the taxable value on the roll to be extended. However, no adjustment shall be made to levies required by law to be a specific millage amount. Not later than 3 days after receipt of notification pursuant to this subsection, each affected taxing authority shall certify to the property appraiser its adjusted adopted rate. Failure to so certify shall constitute waiver of the adjustment privilege. (7) Nothing contained in this section shall serve to extend or authorize any millage in excess of the maximum millage permitted by law or prevent the reduction of millage. (8) The property appraiser shall deliver to the presiding officer of each taxing authority within the county, on June 1, an estimate of the total assessed value of nonexempt property for the current year for budget planning purposes. (9) Multicounty taxing authorities are subject to the provisions of this section. The term "taxable value" means the taxable value of all property subject to taxation by the authority. If a multicounty taxing authority has not received a certification pursuant to subsection (1) from a county by July 15, it shall compute its proposed millage rate and rolled -back rate based upon estimates of taxable value supplied by the Department of Revenue. All dates for public hearings and advertisements specified in this section shall, with respect to multicounty taxing authorities, be computed as though certification of value pursuant to subsection (1) were made July 1. The multicounty district shall add the following sentence to the advertisement set forth in paragraphs (3)(a) and (g): This tax increase is applicable to (name of county or counties)_. (10)(a) In addition to the notice required in subsection (3), a district school board shall publish a second notice of intent to levy additional taxes under s. 1011.71(2) or (3). The notice shall specify the projects or number of school buses anticipated to be funded by the additional taxes and shall be published in the size, within the time periods, adjacent to, and in substantial conformity with the advertisement required under subsection (3). The projects shall be listed in priority within each category as follows: construction and remodeling; maintenance, renovation, and repair; motor vehicle purchases; new and replacement equipment; payments for educational facilities and sites due under a lease -purchase agreement; payments for renting and leasing educational facilities and sites; payments of loans approved pursuant to ss. 1011.14 and 1011.15; payment of costs of compliance with environmental statutes and regulations; payment of premiums for property and casualty insurance necessary to insure the educational and ancillary plants of the school district; payment of costs of leasing relocatable educational facilities; and payments to private entities to offset the cost of school buses pursuant to s. 1011.71(2) (i). The additional notice shall be in the following form, except that if the district school board is proposing to levy the same millage under s. 1011.71(2) or (3) which it levied in the prior year, the words "continue to" shall be inserted before the word "impose" in the first sentence, and except that the second sentence of the second paragraph shall be deleted if the district is advertising pursuant to paragraph (3)(e): NOTICE OF TAX FOR SCHOOL CAPITAL OUTLAY cN The (name of school district) will soon consider a measure to impose a (number) mill propertrt( for the capital outlay projects listed herein. This tax is in addition to the school board's proposed tax of (number)_ mills for operating expenses anq;is prop fed solely at the discretion of the school board. THE PROPOSED COMBINED SCHOOL BOARD TAX INCREATT FOR rBoTH OPERATING EXPENSES AND CAPITAL OUTLAY IS SHOWN IN THE ADJACENT NOTICE. The capital outlay tax will generate approximately $ (amount) , to be used for the following projects: Mist of capital outlaprojg)_ All concerned citizens are invited to a public hearing to be held on Jdate and time) at (meeting p aces. A DECISION on the proposed CAPITAL OUTLAY TAXES will be made at this hearing. (b) In the event a school district needs to amend the list of capital outlay projects previously advertised and adopted, a notice of intent to amend the notice of tax for school capital outlay shall be published in conformity with the advertisement required in subsection (3). A public hearing to adopt the amended project list shall be held not less than 2 days nor more than 5 days after the day the advertisement is first published. The projects should be listed under each category of new, amended, or deleted projects in the same order as required in paragraph (a). The notice shall appear in the following form, except that any of the categories of new, amended, or deleted projects may be omitted if not appropriate for the changes proposed: AMENDED NOTICE OF TAX FOR SCHOOL CAPITAL OUTLAY The School Board of (name) County will soon consider a measure to amend the use of property tax for the capital outlay projects previously advertised for the (vearL, to (year) school year. New projects to be funded: Amended projects to be funded: Projects to be deleted: (list of capital outlay projects) (list capital outlayj,roiects) (list of ca i a Droissa) t All concerned citizens are invited to a public hearing to be held on Jdate and time) at (meeting A DECISION on the proposed amendment to the projects funded from CAPITAL OUTLAY TAXES will be made at this meeting. (11) Notwithstanding the provisions of paragraph (2)(b) and s. 200.069(4)(f) to the contrary, the proposed millage rates provided to the property appraiser by the taxing authority, except for millage rates adopted by referendum, for rates authorized by s. 1011.71, and for rates required by law to be in a specified millage amount, shall be adjusted in the event that a review notice is issued pursuant to s. 193.1142(4) and the taxable value on the approved roll is at variance with the taxable value certified pursuant to subsection (1). The adjustment shall be made by the property appraiser, who shall notify the taxing authorities affected by the adjustment within 5 days of the date the roll is approved pursuant to s. 193.1142(4). The adjustment shall be such as to provide for no change in the dollar amount of taxes levied from that initially proposed by the taxing authority. (12) The time periods specified in this section shall be determined by using the date of certification of value pursuant to subsection (1) or July 1, whichever date is later, as day 1. The time periods shall be considered directory and may be shortened, provided: (a) No public hearing which is preceded by a mailed notice occurs earlier than 10 days following the mailing of such notice; (b) Any public hearing preceded by a newspaper advertisement is held not less than 2 days or more than 5 days following publication of such advertisement; and (c) The property appraiser coordinates such shortening of time periods and gives written notice to all affected taxing authorities; however, no taxing authority shall be denied its right to the full time periods allowed in this section. (13)(a) Any taxing authority in violation of this section, other than subsection (5), shall be subject to forfeiture of state funds otherwise available to it for the 12 months following a determination of noncompliance by the Department of Revenue. (b) Within 30 days of the deadline for certification of compliance required by s. 200.068, the department shall notify any taxing authority in violation of this section, other than subsection (5), that it is subject to paragraph (c). Except for revenues from voted levies or levies imposed pursuant to s. 1011.60(6), the revenues of any taxing authority in violation of this section, other than subsection (5), collected in excess of the rolled -back rate shall be held in escrow until the process required by paragraph (c) is completed and approved by the department. The department shall direct the tax collector to so hold such funds. (c) Any taxing authority so noticed by the department shall repeat the hearing and notice process required by paragraph (2)(d), except that: 1. The advertisement shall appear within 15 days of notice from the department. 2. The advertisement, in addition to meeting the requirements of subsection (3), shall contain the following statement in boldfaced type immediately after the heading: THE PREVIOUS NOTICE PLACED BY THE Jname of taxing authority L HAS BEEN DETERMINED BY THE DEPARTMENT OF REVENUE TO BE IN VIOLATION OF THE LAW, NECESSITATING THIS SECOND NOTICE. 3. The millage newly adopted at this hearing shall not be forwarded to the tax collector or property appraiser and may not exceed the rate previously adopted. 4. If the newly adopted millage is less than the amount previously forwarded pursuant to subsection (4), any moneys collected in excess of the new levy shall be held in reserve until the subsequent fiscal year and shall then be utilized to reduce ad valorem taxes otherwise necessary. (d) If any county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county is in violation of subsection (5) because total county or municipal ad valorem taxes exceeded the maximum total county or municipal ad valorem taxes, respectively, that county or municipality shall forfeit the distribution of local government half -cent sales tax revenues during the 12 months following a determination of noncompliance by the Department of Revenue as described in s. 218.63(3) and this subsection. If the executive director of the Department of Revenue determines that any county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county is in violation of subsection (5), the Department of Revenue and the county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county shall follow the procedures set forth in this paragraph or paragraph (e). During the pendency of any procedure under paragraph (e) or any administrative or judicial action to challenge any action taken under this subsection, the tax collector shall hold in escrow any revenues collected by the noncomplying county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county in excess of the amount allowed by subsection (5), as determined by the executive director. Such revenues shall be held in escrow until the process required by paragraph (e) is completed and approved by the department. The department shall direct the tax collector to so hold such funds. If the county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county remedies the noncompliance, any moneys collected in excess of the new levy or in excess of the amount allowed by subsection (5) shall be held in reserve until the subsequent.fiscal year and shall then be used to reduce ad valorem taxes otherwise necessary. If the county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county clues not remedy the noncompliance, the provisions of s. 218.63 shall apply. (e) The following procedures shall be followed when the executive director notifies any county OF muoipatity;; dependent special district of such county or municipality, or municipal service taxing unit of such c,oi my tOat he or' she has determined that such taxing authority is in violation of subsection (5): 1. Within 30 days after the deadline for certification of compliance required by s. 200.068, the executive director shall notify any such county or municipality, dependent special district of such county or fl unid pality, or municipal service taxing unit of such county of his or her determination regarding subsection (5) and that such taxing authority is subject to subparagraph 2. 2. Any taxing authority so noticed by the executive director shall repeat the hearing and notice process required by paragraph (2)(d), except that: a. The advertisement shall appear within 15 days after notice from the executive director. b. The advertisement, in addition to meeting the requirements of subsection (3), must contain the following statement in boldfaced type immediately after the heading: THE PREVIOUS NOTICE PLACED BY THE (name of taxing authoritx) HAS BEEN DETERMINED BY THE DEPARTMENT OF REVENUE TO BE IN VIOLATION OF THE LAW, NECESSITATING THIS SECOND NOTICE. c. The millage newly adopted at such hearing shall not be forwarded to the tax collector or property appraiser and may not exceed the rate previously adopted or the amount allowed by subsection (5). Each taxing authority provided notice pursuant to this paragraph shall recertify compliance with this chapter as provided in this section within 15 days after the adoption of a millage at such hearing. d. The determination of the executive director shall be superseded if the executive director determines that the county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county has remedied the noncompliance. Such noncompliance shall be determined to be remedied if any such taxing authority provided notice by the executive director pursuant to this paragraph adopts a new millage that does not exceed the maximum millage allowed for such taxing authority under paragraph (5)(a), or if any such county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county adopts a lower millage sufficient to reduce the total taxes levied such that total taxes levied do not exceed the maximum as provided in paragraph (5)(b). e. If any such county or municipality, dependent special district of such county or municipality, or municipal service taxing unit of such county has not remedied the noncompliance or recertified compliance with this chapter as provided in this paragraph, and the executive director determines that the noncompliance has not been remedied or compliance has not been recertified, the county or municipality shall forfeit the distribution of local government half -cent sales tax revenues during the 12 months following a determination of noncompliance by the Department of Revenue as described in s. 218.63(2) and (3) and this subsection. f. The determination of the executive director is not subject to chapter 120. (14)(a) If the notice of proposed property taxes mailed to taxpayers under this section contains an error, the property appraiser, in lieu of mailing a corrected notice to all taxpayers, may correct the error by mailing a short form of the notice to those taxpayers affected by the error and its correction. The notice shall be mpaFtil by the property appraiser at the expense of the taxing authority which caused the error or at the proper* appr Jser's expense if he or she caused the error. The form of the notice must be approved by the executiviIIectogof the. Department of Revenue or the executive director's designee. If the error involves only the date atyi tirritrof the • public hearings required by this section, the property appraiser, with the permission of the taxfflg.a`uthonty affected by the error, may correct the error by advertising the corrected information in a newspaper otgener1F; circulation in the county as provided in subsection (3). 'c7 (b) Errors that may be corrected in this manner are: N 1. Incorrect location, time, or date of a public hearing. 2. Incorrect assessed, exempt, or taxable value. 3. Incorrect amount of taxes as reflected in column one, column two, or column three of the notice; and 4. Any other error as approved by the executive director of the Department of Revenue or the executive director's designee. (15) The provisions of this section shall apply to all taxing authorities in this state which levy ad valorem taxes, and shall control over any special law which is inconsistent or in conflict with this section, except to the extent the special law expressly exempts a taxing authority from the provisions of this section. This subsection is a clarification of existing law, and in the absence of such express exemption, no past or future budget or Levy of taxes shall be set aside upon the ground that the taxing authority failed to comply with any special law prescribing a schedule or procedure for such adoption which is inconsistent or in conflict with the provisions of this section. History.-s. 13, ch. 73-172; s. 16, ch. 74-234; ss. 1, 2, ch. 75-68; s. 19, ch. 76-133; s. 1, ch. 77-102; s. 1, ch. 77-174; s. 1, ch. 78-228; ss. 2, 9, ch. 80-261; s. 25, ch. 80-274; s. 14, ch. 82-154; s. 12, ch. 82-208; ss. 4, 11, 25, 72, 80, ch. 82-226; s. 5, ch. 82-388; s. 2, ch. 82-399; s. 28, ch. 83-204; s. 61, ch. 83-217; s. 2, ch. 84-164; s. 20, ch. 84-356; s. 1, ch. 86-190; s. 12, ch. 86-300; s. 5, ch. 87-284; s. 13, ch. 88- 216; s. 2, ch. 88-223; s. 14, ch. 90-241; ss. 136, 165, ch. 91-112; s. 8, ch. 91-295; s. 1, ch. 92-163; ss. 5, 15, ch. 93-132; s. 25, ch. 93-233; s. 1, ch. 93-241; s. 52, ch. 94-232; s. 4, ch. 94-344; s. 41, ch. 94-353; s. 1481, ch. 95-147; s. 2, ch. 95-359; ss. 1, 2, 3, ch. 96-211; s. 1, ch. 98-32; s. 1, ch. 98-53; s. 18, ch. 99-6; s. 11, ch. 2002-18; s. 911, ch. 2002-387; s. 2, ch. 2004-346; s. 3, ch. 2007-194; ss. 2, 33, ch. 2007- 321; s. 11, ch. 2008-173; s. 3, ch. 2009-165; s. 29, ch. 2012-193; s. 7, ch. 2012-212; s. 13, ch. 2015-2; s. 17, ch. 2016-10; s. 2, ch. 2017-35; s. 12, ch. 2020-10; s. 21, ch. 2021-17; s. 17, ch. 2022-103. 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