HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: /07_60E4, zit
Date: 7/31/2012
Commission Meeting Date: q/ ,V.ao/2=-
Requesting Department: Management & Budget
District Impacted: All
Type: I ) Resolution VI Ordinance I l Emergency Ordinance Discussion Item
n Other
Subject: Establishing FY 2012-2013 Millage Rate
Purpose of Item:
Law Department
Matter ID No.
To establish millage rate for the fiscal year ending September 30, 2013 ("FY13") at:
General Operating: 7.5710
Debt Service: 0.9000
Total Millage: 8.4710
Background Information:
The proposed FY 2012- 2013 millage rates for the City of Miami (General Operating and Debt
Service) are outlined below:
General Operating — The proposed FY 2012-2013 millage rate for the City of Miami is 7.5710, which
is greater than the roll -back rate of 7.0978 mills by 6.67%.
Debt Service — The proposed FY 2012-2013 debt service millage rate for the City of Miami is 0.9000,
which is lower than the current fiscal year by 0.03 mills or 3.2%.
Budget Impact Analysis
YES Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhoo,d Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
CIP Budget
If using or receiving capital funds
Grants Risk Management
Purchasing Dept. Directo
Chief City Manager,
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