HomeMy WebLinkAboutLegislationCity of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-00924 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED
MILLAGE RATE FOR THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY
("DDA"), FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2016 AND ENDING
SEPTEMBER 30, 2017; DIRECTING THE EXECUTIVE DIRECTOR TO SUBMIT
SAID PROPOSED MILLAGE RATE TO THE MIAMI-DADE COUNTY PROPERTY
APPRAISER AND THE TAX COLLECTOR TOGETHER WITH THE DATES, TIMES
AND PLACE OF THE PUBLIC HEARING AT WHICH THE CITY COMMISSION WILL
CONSIDER THE PROPOSED MILLAGE RATE AND THE DDA'S TENTATIVE
BUDGET FOR SAID FISCAL YEAR.
WHEREAS, Section 200.065, Florida Statutes (2016), sets forth the method for fixing a millage
rate; and
WHEREAS, on July 1, 2016, the Miami -Dade County Property Appraiser ("Property
Appraiser"), pursuant to Section 200.65(1), Florida Statutes (2016), certified to the Miami Downtown
Development Authority ("DDA") the taxable value within the DDA's jurisdiction; and
WHEREAS, prior to levying a millage, the DDA is required to prepare a tentative budget and to
compute a proposed millage rate necessary to fund the tentative budget other than the portion of the
budget to be funded from sources other than ad valorem taxes; and
WHEREAS, the DDA, within thirty-five (35) days of certification of the taxable value, must
advise the Property Appraiser of its proposed millage rate, the rolled back rate, and the dates, times
and place at which public budget hearings will be held to consider the proposed millage and the
tentative budget; and
WHEREAS, the proposed millage rate submitted to the Property Appraiser is not binding but is
necessary for the purpose of preparing the Notice of Proposed Property Taxes, commonly referred to
as the "TRIM notice";
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitalsand findings contained in the Preamble to this Resolution are hereby
adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. The DDA's rolled back rate is 0.4254 mills.
Section 3. A proposed millage rate for the DDA for the Fiscal Year beginning October 1, 2016
and ending September 30, 2017, is 0.4681 mills, which is 10.04% more than the rolled back rate.
Section 4. The Executive Director is hereby directed to submit forthwith the rolled back rate
City of Monti
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File Number: 16-00924
and the proposed millage rate for the DDA to the Property Appraiser and to the Miami -Dade County
Tax Collector together with the dates, times and place at which the City Commission will hold public
hearings to consider the proposed millage rate and the DDA's tentative budget for said fiscal year as
follows: September 6, 2016 at 5:05 P.M. and September 20, 2016 at 5:05 P.M. in the Commission
Chambers at City Hall, 3500 Pan American Drive, Dinner Key, Miami, Florida.
Section 5. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor. {1)
AP -ROVED AS TO FARM AND CORRECTNESS:
VICTORIA MENDE
CITY ATTORNEY
ootnotes:
[1] 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: 16-00924 (Version: 1) Printed On: 7/19/2016