HomeMy WebLinkAboutExhibit BEXHIBIT B
Miami City Commission Resolution No. R-16-0366, adopted July 29, 2016
City of Miami
Master Report
Enactment Number: R-16-0366
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-00924
Version: 1
File Type: Resolution
Reference: Controlling Body: Office of the City
Clerk
File Name: Computing Millage Rate for FY'17 - DDA Introduced: 6/21/2016
Requester: Downtown Development Cost: Final Action: 7/29/2016
Authority
Status: Passed
Title: 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.
Sponsors:
Notes:
Indexes:
Attachments: 16-00924 Memo - Miami Downtown Development.pdf,16-00924 DDA Resolutions.pdf,16-00924
Back -Up Documents.pdf,16-00924 Back -Up from Law Dept.pdf,16-00924 Legislation.pdf,
History of Legislative File
Version: Acting Body: Date:
Action:
Sent To:
Due Date: Return Date: Result:
1 Office of the City 7/19/2016
Attorney
1 City Commission 7/29/2016
1 Office of the Mayor 8/8/2016
1 Office of the City Clerk 8/8/2016
Reviewed and
Approved
ADOPTED
Signed by the Mayor Office of the City
Clerk
Signed and Attested
by City Clerk
Pass
City of Miami Page 1 Printed on 8/24/2016
City of Miami
Legislation
Resolution: R-16-0366
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 16-00924 Final Action Date: 7/29/2016
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 recitals and 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 Miami Page 1 of 2 File Id: 16-00924 (Version: 1) Printed On: 8/24/2016
File Number: 16-00924 Enactment Number: R-16-0366
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}
Footnotes:
[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: 8/24/2016
tMlAM 1DDA
DOWNTOWN (DEVELOPMENT AUTHORITY
Memorandum
To: Th Honorable Mayffr ndem-bers of the City Commission
From: -Alyce Robertson
Exec ive Director
Date: July 15, 2016
Re: Items for July 29, 2016 City Commission Meeting
Recommendation
It is respectfully requested that the City Commission approve the attached Resolution establishing
the FY 2016-2017 millage rate for the Downtown Development Authority ("DDA") of the City of
Miami, Florida.
Background
In 1980, the State of Florida Legislature enacted House Bill 4-D entitled "Truth in Millage" (TRIM
BILL), which has been incorporated into the Florida Statutes under Section 200. The TRIM BILL
also stipulates that the proposed millage rate be submitted to the Property Appraiser and Tax
Collector, and inoluded in the City's tax notices mailed to property owners.
The City Commission is authorized under Chapter 14 of the City of Miami Code to levy an
additional ad valorem tax on all real and personal property in the Downtown Development District,
not to exceed 0,475 mill, for the purpose of :financing the operations of the DDA,
The proposed millage rate for the DDA for the fiscal year beginning October 1, 2016 and ending
September 30, 2017 is 0.4681 mill, which is 10.04% o more than the roll back rate of 0.4254 mill.
The Miami City Commission must also establish the dates and times of the first and second public
hearings in connection with the DDA FY 2016-2017 proposed millage rate and budget. As in past
years, the DDA's public hearings should be scheduled for the same date as the City's.
AMRicdl
Attachments
cc: Victoria Mendez, City Attorney (via email)
Ana Medina, Agenda Coordinator (via email)
Todd Hannon, City Clerk (via email)
(Miami Downtown Development Authority
200 S. Biscayne Boulevard, Suite 2929
Miami, Florida 33131
Tel: 305,579,6675
Fax: 305,371, 2423
Web: www.miamiddacom
RESOLUTION NO. 19 /2016
A RESOLUTION OF THE BOARD OF DIRECTORS OF TF[E
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, 2016 AND ENDING SEPTEMBER 30, 2017 AT
0.4681. MILLS,
WHEREAS, Section 200.065(2)(a)1, Florida Statutes (2010) ("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 village rate reflects the levy necessary to realize property tax revenues
anticipated in the Fiscal Year 2016-2017 Budget for the Downtown Development Authority of the City of
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 reeitals are true and correct and are adopted by reference and incorporated .as
if fully set forth in this Section.
Section 2. The DDA Board of Directors hereby authorizes 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, 2016 and ending September 30, 2017 at 0'.4681 mills,
Section 3. The Executive Director of the DDA is instructed to submit said proposed rate for
the Downtown Development District of the City of Miami, Florida to the Miami -Dade County Property
Appraiser and Tax Collector.
PASSED AND ADOPTED this 15t1h day of July, 2016.
ire - :4e
./ Alyce M. Ro ertson, Executive Director
sse
ATTEST:
Karry aravi
Se tar y to the Board of Directors
RESOLUTION NO. 20/2016
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE MIAMI
DOWNTOWN DEVELOPMENT AUTI-IORITY ("DDA") OF THE CITY OF
MIAMI, FLORIDA, APPROVING THE PRELIMINARY ANNUAL BUDGET OF
THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2016 AND ENDING SEPTEMBER 30, 2017,
REQUESTING THAT THE MIAMI CITY COMMISSION ESTABLISH THE
MILLAGE TO SUPPORT THE FINANCIAL REQUIREMENTS OF THE
BUDGET; AUTHORIZING THE EXECUTIVE DIRECTOR OF THE MIAMI
DOWNTOWN DEVELOPMENT AUTHORITY TO EXPEND FUNDS FOR THE
BUDGET; DIRECTING THE EXECUTIVE DIRECTOR TO FILE. A DETAILED
STATEMENT OF THE PROPOSED EXPENDITURES AND ESTIMATED
REVENUES FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2016 AND
ENDING SEPTEMI3ER 30, 2017 WITH THE CITY CLERK. OF THE CITY OF
MIAMI AFTER ADOPTION AND ESTABLISHMENT OF THE MILLAGE BY
TIIE MIAMI CITY COMMISSION; AND FURTHER PROVIDING THAT A
COPY OF THIS RESOLUTION BE FILED WITH THE CITY CLERK OF THE
CITY OF MIAMI.
WHEREAS, the Miami Downtown Development Authority (DDA) of the City of Miami,
Florida. hasprepared a preliminary budget for the Fiscal Year beginning October 1, 2016 and
ending September 30, 2017; and
WHEREAS, the Board of Directors of the DDA has reviewed said budget, said budget
being based on the Estimated Tax Roll provided by Miami -Dade County; and
WHEREAS, the Board of Directors of the DDA finds that the proposed budget is
necessary in order to further the objectives of the Downtown Development Authority, as
authorized by City Ordinance.
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, Thepreliminary budget of the DDA, as submitted by the 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., 2016
through September 30, 2017".
Section 3. The. following appropriations for the Fiscal Year beginning October 1,
2016 and ending September 30, 2017 are hereby made for the purpose of financing the operation
and other legal and proper purposes of the Miami Downtown Development Authority of the City
of Miami, Florida, to wit:
GENERAL FUND DRI TOTAL ALL FUNDS
Revenue Sources
Ad Valorem Tax Levy 7,923,830 7,923,830
Total Sources 7,923,830 7,923,930
Fund Balances/Reserves
Downtown Development Regional Impact (DRI) Fends
Use of Funds.
1,140,270 1,140,270
150,000 150,000
Total Revenues and Balances 9,064,100 150,000 9,214,100
Leadership, Advocacy & Operations 1,116,700 1,116,700
Arts, Culture & Entertainment 1,080,450 1,030,450
Business Development & Marketing 1,965,950 1,965,950
Quality of Life 2,392,800 2,392,800
Urban Placemaking 1,191,600 1,191,600
Transit, Gonneetivity & Mobility 1,066,600 1,066,600
Tri-Ball Downtown Link 300,000 300,000
Subtotal 9,064,100 - 9,064,100
Fund Balances/Reserves
Downtown Development Regional Impact (DRI) Expenditures
150,000 150,000
Total Uses 9,064,100 150,000 9,214,100
Section 4. The Commission of the City of Miami is requested to adopt said
preliininary budget and establish the millage, authorized by law, to support the financial
requirements of this budget.
Section 5. The Executive Director of the Miami Downtown Development Authority
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, upon the first day of
the 2016-2017 Fiscal Year, October 1, 2016.
Section 6. The Executive Director of the DDA isdirected to prepare and file with
the City Clerk of the City of Miami, Florida detailed statement of the proposed expenditures and
estimated revenues for the Fiscal Year 2016-2017,. which shall be entitled "Annual Budget of the
Miami Downtown Development Authority: Fiscal Year October 1, 2016 through September 30,
2017",
Section 7. A copy of this Resolution and the attachment shall be filed with the City
Clerk of the City of Miami, Florida after adoption of the millage by the City of Miami
Commission.
PASSED AND ADOPTED this 15t'" day of July, 2016,
ussell, Chairman
Alyce . Robertson, Executive Director
ATTEST:
Kai y , rav
Secre ry to the Board of the Directors
MAXIMUM MILLAGEUEVY CALCULATION
PRELIMINARY DISCLOSURE
For municipal governments, counties, and special districts
1)11�4201AM-P
mn1c
nu|r1ao'1a.00y
Florida Administrative Code
Year: 2016
County: MIAMI-DADE
Principal Authority:
Dade Co, Downtown Dev.Authority
Taxing Authority:
DADEO}DOWNTOWN DEVAUTH
1 ^
/oyourtax|ngouthor��amun|dpa||tyor1ndepandentopeda|d|otdctthat has |eWed
advalorem taxes for less than Syears?
Yes
--
No
(1)
IFtES�., STOP HERE. SIGN AND SUBMIl". You are not subject tommillage limitation.
l
Current year rolled -back rate from Current Year Form DR-42U Line 10
0,4254 per$1,00U
(2)
��
Prior year maximum mil.1age rate with a majority vote from 2075 Form DR-420MM, Line 13
0.4255 per$1,OU0
(3)
4`
Prior year operating m8|aQarate from Current Year Form DR-42O une1O
0.4681 per$1,0O0
(4)
Adjust rolled -back rate based on prior year majority -vote maximum millage rate
5.
Prior year final gross taxable value from Current Year Forma 1511-420,Line 7
$ 8
(5)
b
'
PM�y�rm��muma6���mpm��a��ms�r���
��e 3mo8�8edbyUneSdh�dedhy�00(V
~ Q
�
'
7
Amount|fon�p�do,app||ed|npdoryeoroyaconuequenoenfanob|igat�n
measured byededicated Increment value �mmCurrent Year pmrmDR42OL|na12
$ 0
�
(7)
O.
Adjusted prior year advalorem proceeds with majority vote (Line 8minus Line 7)
O
(G)
Q.
Adjusted current year taxable value from Current Year form DR~420Line l5
$ O
(9)
10.
Adjusted current year rolled -back rate (Line 8 divided by Line 9, multipiledby 1,000)
0.0000 par$1,000
(lO)
Cmkm&xte maximum millsge8nvy
11'
Rolled -back rate tobeused-for maximum m||iagelevy calculation
(8/�rUwe/0 ore&een�nUneJ)
O�254 P*r�1�O0
(11)
12.
Adjustment for change lnper capita Florida personal income (See Line 12 Instructions)
1^0375
(12)
13,
Majorityvote max[ mummUlag erate a|[owed -(Line/1 multiplied by LineY2Y
0/414 per $1,000
(13)
l4.Two-th|rds
vote max! nummil | age rate alowed Line Y3byY.10)
0.48SS per $1,0OO
(14)
15,
Current year proposed mD|agerate
0,4681 per $l,VOO
(15)
16,
Minimum vote required tm.lenyproposed mVla8m (Checkone)
(16)
--
--
a. Majority vote ofthe governing body: [heckhenaifLine lS |sless than orequal. toLine l3.The maximum miUagerate bequal
tothe majority vote maximum rate.. Enter Line Y3 omLine Y7.
--
� `
b. Two�h|rdsvote ofgoverning body: Check here 1fLine 1Sisless than orequal toLine 14,but 0reaterthanLine l3.The
maximum mi||agerate [mequal toproposed rate, Enter Line Y5mnLine 17.
c Unon{mou�wnteofthegoverningbod�ur�4wotal�n|oememb000rmore�[hechherelfUne15|uQeatert�anLi . 1�
' /ru
The maximumnV|lata\o equaltothe d rate. Enter Line 15 on Line 17.
d. Referendum: The maximum m|Uagarate ixequal tnthe proposed rate, Enter Line15 onLine 77.
17'
The o�a�|ononLine 10�Umwuamaximum mU|age�teof
�n�nv,te/nd�uzedbychu�emnUne/a)
n���1 per�1/0O
(1�
18.
Current year gross taxable va|uefrom Current Year Form DR420,Line 4
$ 16,681,746,744
(18)
Continued on page 2
Taxing Authority;
y�
DADE[QDOVVNT0WNDEVAUTH '
DR-P
DR�o
R' 5/12
Page 2
19.
Cu rrent year proposed taxes (Line 15 multiplied by Line 18, divided by 1,000)
$ 7,808,726
(19)
2o,
Total taxes levied at the maximum millage rate (Vne 17multipliedby Line 18, divided
by 7,000)
$ 7808726
'(20)
N.
21.
Enter the current year proposed taxes of all dependent special districts & MSTUS levying
a millage:,. (The sum -of al/Lines 19 from each district's Form DR-420MM-P)
$
0 (21)
22.
Total current year proposed taxes (Line 19plus Line 27)
$ 7,808720
(22
Total Maximum Taxes
23'
EnterthetammutthemsdmummU|agenfaUdepen6entepedo|d|strbt~ &KSTUs
all Lines 30from each districts Form D8F4288Mf)
$
O (23)|evyllngami||uge(Thexumof
24.
Total taxes otmaximum mi||agerate (Line Z0plus bhm2q
$ 7,808,726
C24
Total Maximum Versus Total Taxes Levied
25.
Are total cunu entyearpropose�toxauonLine�2equa|tor|essthontnta|taxesetthe
maximum m|||agemteunLine 247(Check one)
7 YES -- NO
�— --
(25)
S
I
G
N
H
m
E
Taxing Authority Certification
| certify the m|||egeuand rates are onnagtothe best vfmyknowledge. The m|||eges
complywith the provisions of s. 200.065 and the -provisions of either s. 2M071 or s,
200.081,F.S.
Signature cfChief Administrative Officer:
Bectmn|cuUy[e�ifiadbyTaxing Authority
Dote/
7715/201612:21PM
Title:
ALYCE/N.ROB2RTSON,EXECUTIVE DIRECTOR
'
Contact Name and Contact Title:
[AROUNALONDONO,MANAGER, ACCOUNTING AND
FINANCE
Mailing Address:
20Q S.0|SCAYNGBLVDSTE2929
Phvy|co|Address �
2OQ3.B|3[AYNEBLVD,SUITE 2929
City, State, Zip:
NUAKAI,PL53131
Phone Number:
(305)579-6675
FuuNumbes-
(305)371-2423
Complete and submit this form0��0MM-P, Maximum Millage LevyCalculation-Preliminary Disclosure, to
your property appraiser with the form DR^420, Certification of Taxable Value.
Instructions onpage 3
MAXIMUM MILLAGE LEVY CALCULATION
PRELIMINARY DISCLOSURE
INSTRUCTIONS
General instructions
Each ofthe 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
2016 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 loss 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-42QMM-P
R. 5/12
Page 3
Lines 5-10
Only taxing authorities that levied a 2015 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
2015 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 ofthe
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://dor.myflorida.com/dor/property/trim