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HomeMy WebLinkAboutBack-Up DocumentsReset Form CERTIFICATION OF TAXABLE VALUE Print Form DR-420 R.5/12 Rule 12D-16.002 Florida Administrative Code Effective 11/12 Year : 2016 County : MIAMI-DADE Principal Authority: Dade Co. Downtown Dev. Authority Taxing Authority : DADE CO DOWNTOWN DEV AUTH SECTION I : COMPLETED BY PROPERTY APPRAISER 1. Current year taxable value of real property for operating purposes $ 15,674,018,974 (1) 2, Current year taxable value of personal property for operating purposes $ 1,006,821,449 (2) 3. Current year taxable value of centrally assessed property for operating purposes $ 906,321 (3) 4. Current year gross taxable value for operating purposes (Line 1 plus Line2 plus Line 3) $ 16,681,746,744 (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.) $ 356,021,949 (5) 6. Current year adjusted taxable value (Line 4 minus Line 5) $ 16,325,724,795 (6) 7. Prior year FINAL gross taxable value from prior year applicable Form DR-403 series $ 14,836,077,075 (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 I certify the taxable values above are correct to the best of my knowledge. Signature of Property Appraiser: Electronically Certified by Property Appraiser Date: 7/1/2016 10:15 AM 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) 0,4681 per $1,000 (10) 11. Prior year ad valorem proceeds (Line 7multiplied by Line 10, divided by 1,000) $ 6,944,768 (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-420TIF forms) $ 0 (12) 13. Adjusted prior year ad valorem proceeds (Line 11 minus Line 12) $ 6,944,768 (13) 14. Dedicated increment value, if any (Sum of either Line 6b or Line 7e for all DR-420T1Fforms) $ 0 (14) 15. Adjusted current year taxable value (Line 6 minus Line 14) $ 16,325,724,795 (15) 16. Current year rolled -back rate (Line 13 divided by Line 15, multiplied by 1,000) 0.4254 per $1000 (16) 17. Current year proposed operating millage rate 0.4681 per $1000 (17) 18 Total taxes to be levied at proposed millage rate (Line 77multiplied byLine4, divided by 1,000) $ 7,808,726 (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) n Principal Authority n Dependent Special District E MSTU ❑ Water Management District Basin (20) 21. Is millage levied in more than one county? (check one) — Yes U No (21) DEPENDENT SPECIAL DISTRKKTS AND NISTUs: STOP ST 'P 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) $ 6,944,768 (22) 23. Current year aggregate rolled -back rate (Line 22 divided by Line 75, multiplied by 1,000) 0.4254 per $1,000 (23) 24. Current year aggregate rolled -back taxes (Line 4 multiplied by Line 23, divided by 1,000) $ 7,096,415 (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) $ 7,808,726 (25) 26.Current year proposed aggregate millage rate (Line 25 divided by Line 4, multiplied by 1,000) 0.4681 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) 10,04 % (27) First public budget hearing Date : 9/8/2016 Time : 5:05 PM EST Place : Miami City Hall. 3500 Pan American Drive. Miami, FL 33133 1 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 Taxing Authority Date : 7/15/2016 12:21 PM Title : ALYCE M. ROBERTSON, EXECUTIVE DIRECTOR Contact Name and Contact Title : CAROLINA LONDONO, MANAGER, ACCOUNTING AND FINANCE Mailing Address : 200 S. BISCAYNE BLVD, STE 2929 Physical Address : 200 S. BISCAYNE BLVD., SUITE 2929 City, State, Zip : MIAMI, FL 33131 Phone Number : (305)579-6675 Fax Number: (305)371-2423 Instructions on page 3 FLORIDA Reset Form MAXIMUM MILLAGE LEVY CALCULATION PRELIMINARY DISCLOSURE For municipal governments, counties, and special districts Print corm DR-420MM-P R.5/12 Rule 12D-16.002 Florida Administrative Code Effective 11/12 Year: 216 County: MIAMI-DADE Principal Authority: Dade Co. Downtown Dev. Authority Taxing Authority: DADE CO DOWNTOWN DEV AUTH 1' Is your taxing authority a municipality or independent special district that has levied ad valorem taxes for less than 5 years? Yes No (1) 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 0.4254 per $1,000 (2) 3. Prior year maximum millage rate with a majority vote from 2015 Form DR-420MM, Line 13 0.4255 per $1,000 (3) 4. Prior year operating millage rate from Current Year Form DR-420, Line 10 0.4681 per $1,000 (4) if Caine 4 is equal to or greater than Line 3, skip o Line 11 if leas, contintue to Line 5. Adjust rolled -bask 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 $ 0 (5) 6 Prior year maximum ad valorem proceeds with majority vote (Line 3 multiplied by Line 5 divided by 1,000) $ 0 (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 $ 0 (7) 8, Adjusted prior year ad valorem proceeds with majority vote (Line 6 minus Line 7) $ 0 (8) 9. Adjusted current year taxable value from Current Year form DR-420 Line 15 $ 0 (9) 10. Adjusted current year rolled -back rate (Line 8 divided by Line p, multiplied by 1,000) 0.0000 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) 0.4254 per $1,000 (11) 12. Adjustment for change in per capita Florida personal income (See Line 12 Instructions) 1.0375 (12) 13. Majority vote maximum millage rate allowed (Line 11 multiplied by Line 12) 0.4414 per $1,000 (13) 14. Two-thirds vote maximum millage rate allowed (Multiply Line 13 by 1.10) 0.4855 per $1,000 (14) 15. Current year proposed millage rate 0.4681 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. -i - 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 77. 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. 1-1 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) 0.4681 per $1,000 (17) 18. Current year gross taxable value from Current Year Form DR-420, Line 4 $ 16,681,746,744 (18) Continued on page 2 Taxing Authority : DADE CO DOWNTOWN DEV AUTH DR-420MM P R.5/12 Page 2 19. Current year proposed taxes (Line 15 multiplied by Line 18, divided by 1,000) $ 7,808,726 (19) 20' Total taxes levied at the maximum millage rate (Line 17multiplied by Line 18, divided by 1,000) $ 7,808,726 (20) EPENDENT SPECIAL ".DISTRICTS AND MSTIJs 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) $ 7,808,726 (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) $ 0 (23) 24. Total taxes at maximum millage rate (Line 20 plus Line 23) $ 7,808,726 (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) � I v l YES NO (25) S / 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 Taxing Authority Date : 7/15/2016 12:21 PM Title : ALYCE M. ROBERTSON, EXECUTIVE DIRECTOR Contact Name and Contact Title : CAROLINA LONDONO, MANAGER, ACCOUNTING AND FINANCE Mailing Address : 200 S. BISCAYNE BLVD, STE 2929 Physical Address : 200 S. BISCAYNE BLVD., SUITE 2929 City, State, Zip : MIAMI, FL 33131 Phone Number : (305)579-6675 Fax Number: (305)371-2423 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