HomeMy WebLinkAboutAgenda Item Summary ItemAGENDA ITEM SUMMARY FORM
File ID: #2599
Date: 07/11/2017
Commission Meeting Date: 07/27/2017
Type:
Subject:
Requesting Department: Downtown
Development Authority
Sponsored By:
District Impacted:
Resolution
Proposed Millade for FY'17 -'18 - DDA
Purpose of Item:
Section 200.065(2)(a)1, Florida Statutes (2010) ("Statute"), requires each taxing
authority to establish a proposed millage rate. The Miami Downtown Development
Authority of the City of Miami is proposing its FY17-18 proposed millage for the City of
Miami Commission's consideration.
Background of Item:
Section 200.065(2)(a)1, Florida Statutes (2010) ("Statute"), requires each taxing
authority to establish a proposed millage rate.
The Statute stipulates that the proposed millage rate be submitted to the Miami -Dade
County Property Appraiser and the Tax Collector; and
The proposed millage rate reflects the levy necessary to realize property tax revenues
anticipated in the Fiscal Year 2017-2018 Budget for the Downtown Development
Authority of the City of Miami ("DDA");
Budget Impact Analysis
Total Fiscal Impact:
<Insert Account information Here>
Downtown Development Authority
Office of Management and Budget
Office of Management and Budget
City Manager's Office
City Manager's Office
Legislative Division
Office of the City Attorney
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Legislative Division
Office of the City Attorney
Reviewed B
Alyce Robertson
Pedro Lacret
Christopher M Rose
Alberto N. Parjus
Daniel J. Alfonso
Valentin J Alvarez
Xavier Alban
Barnaby L. Min
Victoria Mendez
Nicole Ewan
Mayor's Office
City Clerk's Office
Valentin J Alvarez
Barnaby L. Min
Department Head Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Legislative Division Review
ACA Review
Deputy City Attorney Review
Approved Form and Correctness
Meeting
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
Legislative Division Review Completed
Deputy Attorney Review Completed
07/11/2017 6:55 PM
07/12/2017 11:38 AM
07/17/2017 12:09 PM
07/17/2017 3:59 PM
07/17/2017 6:15 PM
07/18/2017 12:03 PM
07/18/2017 1:29 PM
07/25/2017 3:13 PM
07/25/2017 3:51 PM
07/27/2017 9:00 AM
08/04/2017 5:12 PM
08/04/2017 5:59 PM
04/16/2018 4:01 PM
04/16/2018 4:06 PM
Office of the City Attorney Victoria Mendez Approved Form and Correctness with Modification(s) Completed
City of Miami
Legislation
Resolution
Enactment Number: R-17-0395
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 2599 Final Action Date:7/27/2017
A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED
MILLAGE RATE FOR THE MIAMI DOWNTOWN DEVELOPMENT AUTHORITY OF
THE CITY OF MIAMI, FLORIDA ("DDA") FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018; DIRECTING THE
EXECUTIVE DIRECTOR TO SUBMIT SAID PROPOSED MILLAGE RATE TO THE
MIAMI-DADE COUNTY PROPERTY APPRAISER AND THE TAX COLLECTOR
TOGETHER WITH THE DATE, TIME, 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 (2017), sets forth the method for fixing a
millage rate; and
WHEREAS, on June 30, 2017, the Miami -Dade County Property Appraiser ("Property
Appraiser"), pursuant to Section 200.065(1), Florida Statutes (2017), certified to the Miami
Downtown Development Authority of the City of Miami, Florida ("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 0.4464 mills.
Section 3. The proposed millage rate for the DDA for the Fiscal Year beginning October
1, 2017 and ending September 30, 2018 is 0.4681 mills, which is 4.86% more than the rolled
back rate.
Section 4. The Executive Director is hereby directed to submit forthwith the rolled back
rate 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 14, 2017 at 5:05 P.M. and September 28, 2017 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.
APPROVED AS TO FORM AND CORRECTNESS:
ndez, Ginty Attor ey 7/25/2017
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.