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HomeMy WebLinkAboutForm of NoticeNOTICE OF PROPOSED TAX INCREASE The City of Miami has tentatively adopted a measure to increase its property tax levy. Last year's property tax levy: A. Initially proposed tax levy $637,940,213 B. Less tax reductions due to Value Adjustment Board and other assessment changes $42,517,386 C. Actual property tax levy $595,422,827 This year's proposed tax levy $671,787,227 All concerned citizens are invited to attend a public hearing on the tax increase to be held on: DATE: Thursday, September 26th, 2024 TIME: 5:05 p.m. PLACE: City Hall, City Commission Chambers, 3500 Pan American Drive, Miami, Florida 33133 Persons needing special accommodations to participate in this proceeding call (305) 250-5361 (Voice) and TTY users call via 711 (Florida Relay Service) no later than two (2) business days prior to the proceeding. Additional information: https://www.miami.gov A FINAL DECISION on the proposed tax increase and the budget will be made at this hearing. Ad No. 43577 AVISO DE AUMENTO DE I M PU ESTOS La Ciudad de Miami ha adoptado tentativamente, un aumento a los impuestos de propiedad. Impuestos de propiedad del ano pasado: A. Impuestos propuestos originalmente $637,940,213 B. Menos reducciones en impuestos propuestos por la junta de ajustes de valores y otros cambios .$42,517,386 C. Impuestos de propiedad reales $595,422,827 Impuestos propuestos para este ano $671,787,227 Todos los ciudadanos interesados estan invitados a asistir a la audiencia publica del incremento de impuestos que tomara lugar el: FECHA: Jueves, Septiembre 26, 2024 HORA: 5:05 p.m. LUGAR: El Ayuntamiento de la Ciudad de Miami 3500 Pan American Drive, Miami, Florida 33133 Personas que necesiten acomodaciones especiales para participar en este proceso pueden Ilamar (305) 250-5361 (Voz) y los usuarios de TTY pueden Ilamar al 711 (Florida Relay Service), a mas tardar dos (2) dias habiles antes del proceder. Para mas informacion: https://www.miami.gov SE TOMARA UNA DECISION FINAL sobre el aumento de impuestos y del presupuesto en esta audiencia publica. Ad No. 43577 BUDGET SUMMARY / CITY OF MIAMI - FISCAL YEAR 2024-2025 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF MIAMI ARE 11.2% GREATER THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES. General Fund 7.1364 Voted Debt 0.2536 ESTIMATED REVENUES GENERAL SPECIAL DEBT INTERNAL FUND REVENUE SERVICE SERVICE FUND TOTAL Taxes: Millage per $1000 Ad Valorem Taxes 7.1364 638,200,000 638,200,000 Ad Valorem Taxes 0.2536 (Voted Debt) 22,682,000 22,682,000 TIF Transfer (CRA) (65,947,000) (65,947,000) Delinquent Ad Valorem Taxes 16,850,000 16,850,000 Interest Ad Valorem Taxes 150,000 150,000 Franchise Fees & Other Taxes 156,298,000 156,298,000 Interest 14,508,000 48,000 14,556,000 Fines & Forfeitures 7,379,000 1,750,000 9,129,000 Intergovernmental Revenue 107,933,000 85,775,000 5,000,000 198,708,000 Licenses and Permits 101,281,000 6,433,000 107,714,000 Other Revenues 38,248,000 268,504,000 15,746,000 139,807,000 462,305,000 Charges for Services 144,846,000 12,583,000 82,000 157,511,000 TOTAL SOURCES 1,159,746,000 375,093,000 43,428,000 139,889,000 1,718,156,000 Transfers -In Fund Balance/Reserves/Net Assets 7,457,000 12,547,000 50,221,000 70,225,000 TOTAL REVENUES, TRANSFERS & BALANCES 1,167,203,000 387,640,000 93,649,000 139,889,000 1,788,381,000 EXPENDITURES General Government 115,110,000 67,657,000 93,649,000 18,745,000 295,161,000 Planning & Development 58,374,000 37,221,000 95,595,000 Housing & Community Development 3,879,000 104,026,000 107,905,000 Public Works 131,493,000 28,785,000 160,278,000 Public Safety 620,703,000 70,620,000 691,323,000 Others 90,062,000 15,935,000 121,144,000 227,141,000 Non -Departmental 66,362,000 49,287,000 115,649,000 TOTAL EXPENDITURES 1,085,983,000 373,531,000 93,649,000 139,889,000 1,693,052,000 Transfers -Out Fund Balance/Reserves/Net Assets 76, 220,000 14,109, 000 5,000,000 90,329,000 5,000,000 TOTAL APPROPRIATED EXPENDITURES, TRANSFERS, RESERVES & BALANCES 1,167,203,000 387,640,000 93,649,000 139,889,000 1,788,381,000 THE TENTATIVE, ADOPTED, AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD. Ad No. 43577 RESUMEN PRESUPUESTARIO / CIUDAD DE MIAMI - AN0 FISCAL 2024-2025 LOS GASTOS DEL PRESUPUESTO DE OPERACION PROPUESTOS PARA LA CIUDAD DE MIAMI SON 11.2% MAYOR QUE LOS GASTOS TOTALES DE OPERACION DEL AN0 PASADO. Fondo General 7.1364 Deuda porVoto 0.2536 ESTIMADO DE INGRESOS FONDO DE FONDO DE FONDO DE FONDO INGRESOS SERVICIO SERVICIOS GENERAL ESPECIALES DE DEUDAS INTERNOS TOTAL Impuestos: Milesimas de Dolar por $1000 Impuestos por Avaluo 7.1364 638,200,000 638,200,000 Impuestos por Avaluo 0.2536 (por voto) 22,682,000 22,682,000 TIF Transferencias (CRA) (65,947,000) (65,947,000) Impuestos por Avai oAtrasados 16,850,000 16,850,000 Gravamenes sobre Intereses por Avaluo 150,000 150,000 Cuotas de Franquicia y otros Impuestos 156,298,000 156,298,000 Intereses 14,508,000 48,000 14,556,000 Multas y Confiscaciones 7,379,000 1,750,000 9,129,000 Ingresos Intergubernamentales 107,933,000 85,775,000 5,000,000 198,708,000 Licencias y Permisos 101,281,000 6,433,000 107,714,000 0tros Ingresos 38,248,000 268,504,000 15,746,000 139,807,000 462,305,000 Cargos por Servicios 144,846,000 12,583,000 82,000 157,511,000 TOTAL DE FUENTES DE INGRESO 1,159,746,000 375,093,000 43,428,000 139,889,000 1,718,156,000 Transferencias Recibidas 7,457,000 12,547,000 50,221,000 70,225,000 Saldo de Fondos/Reservas/Activos Netos TOTAL DE INGRESOS, TRANSFERENCIAS Y SALDOS 1,167,203,000 387,640,000 93,649,000 139,889,000 1,788,381,000 GASTOS/COSTOS Gobierno General 115,110,000 67,657,000 93,649,000 18,745,000 295,161,000 Planificacion y Desarrollo 58,374,000 37,221,000 95,595,000 Desarrollo Comunitario 3,879,000 104,026,000 107,905,000 0bras Publicas 131,493,000 28,785,000 160,278,000 Seguridad Publica 620,703,000 70,620,000 691,323,000 0tros Costos 90,062,000 15,935,000 121,144,000 227,141,000 Gastos no Departamentales 66,362,000 49,287,000 115,649,000 TOTAL DE GASTOS/COSTOS 1,085,983,000 373,531,000 93,649,000 139,889,000 1,693,052,000 Transferencias Otorgadas 76,220,000 14,109,000 90,329,000 Saldo de Fondos/Reservas/Activos Netos 5,000,000 5,000,000 TOTAL DE GASTOS APROPRIADOS, TRANSFERENCIAS, RESERVAS Y SALDOS 1,167,203,000 387,640,000 93,649,000 139,889,000 1,788,381,000 LOS PRESUPUESTOS PROVISIONALES, ADOPTADOS Y/0 DEFINITIVOS SE ENCUENTRAN ARCHIVADOS EN LA OFICINA DE LA ANTES MENCIONADAAUTORIDAD FISCAL COMO REGISTRO PUBLICO. Ad No. 43577