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HomeMy WebLinkAboutBack-Up Documents-SUBFLORIDA THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. MAXIMUM MILLAGE LEVY CALCULATION PRELIMINARY DISCLOSURE For municipal governments, counties, and special districts 1412, DR-4i0MM-P R. 5/t 2 Ru:e 12D-16,002 Florida Administrative Cade Effective 11/12 Year 2017 Principal Authority: Dade Co. Downtown Dev, Authority MIAMI-DADE Taxing Authority: DADE CO DOWNTOWN DEV AUTH County: 1 ad valorem taxes for less than 5 years? IF YES, Is your taxing authority a municipality or independent special district that has levied 1u Yes r'Lij No (1) STOP HERE. SIGN AND SUBMIT. You are not subject to a [pillage limitation. 2. Current year rolled -back rate from Current Year Form DR-420, Line 16 1 3. 4. Prior year maximum miliage rate with a majority vote from 2016 Form DR-420MM, Line 13 Prior year operating millage rate from Current Year Form DR-420, Line 10 0.4464 per $1,000 (2) 0.4414 per $1,000 (3) 0.4681 per $1,000 (4) Line 4 Is equal to or greater than Line 3, ship to Line 11 If less, continue to Line 5 5. 6. 7. Adjust roiled -back rate based on prior year majority -vote maximum millage rate Prior year final gross taxable value from Current Year Form DR-420, Line 7 Prior year maximum ad valorem proceeds with majority vote (Line 3 multiplied by Line 5 divided by 1,000) Amount, if any, paid or applied in prior year as a consequence of an obligation measured bya dedicated increment value from Current Year Form DR-420 Line 12 $ 8. Adjusted prior year ad valorem proceeds with majority vote (Line 6 minus Line 7) $ Lg. Adjusted current year taxable value from Current Year form DR-420 Line 15 ' 10. 11. 12. Adjusted current year rolled -back rate (Line 8 divided by Line 9, multiplied by 1,000) Calculate maximum millage levy Rolled -back rate to be used for maximum millage levy calculation (Enter Line 10 if adjusted or else enter Line 2) Adjustment for change in per capita Florida personal income (See Line 12 Instructions) 13. Majority vote maximum millage rate allowed (Line 17 multiplied by Line 12) 14. Two-thirds vote maximum millage rate allowed (Multiply Line 13 by 1.T0) 15. Current year proposed millage rate 16. Minimum vote required to levy proposed millage; (Check one) $ 0,0000 0.4464 0 0 0 0 0 (5) (6) (7) (8) (9) per $1,000 L (10) per $1,000 1.031 0.4603 per $1,000 0.5063 per $1,000 0.4681 per $1,000 a. Majority vote of the governing body: Check here if Line 15 is less than or equal to Line 13. The maximum millage rate ! to the majority vote maximum rate. Enter Line 13 on Line 17. b. Two-thirds vote of governing body: Check here If Line 15 Is less than or equal to Line 14, but greaterthan Line 13. The maximum millage rate is equal to proposed rate. Enter Line 15 on Line 17. 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 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 75 on Line 77. 'The selection on Line 16 allows a maximum millage rate of 17. (Enter, rate indicated by choke on Line 16) 18, 14. 0,4681 per $1,000 1 (17) Current year gross taxable value from Current Year Form DR-420, Line 4 $ 18,781,633,568 (18) Continued on page 2 2sci ack L Ve r or1eri-1 ._ s'u THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. Taxing Authority: DADE CO DOWNTOWN DEV AUTH 19. 20. Current year proposed taxes (Line 15 multiplied by Line 18, divided by 7,000) Total taxes levied at the maximum millage rate (Line 17multiplied by Line 78, divided by 1,000) DEPENDENT SPECIAL DISTRICTS AND 1, : 7 t✓iw I. Enter the current year proposed taxes of all dependent special districts & MSTUs levying ! 21, a millage. (The sum of all Lines 19 from each district's Form DR-420MM-P) f DR-420MM-P Ft. 5/12 Page 2 $ 8,791,683 $ 8,791,683 (19) (20) STOP HERE. SIGN AND Stiehl(). 22. Total current year proposed taxes (Line 19p1us Line 27) 8,791,683 (21) • (22) Total Maximum Taxes 3. Enter the taxes at the maximum millage of all dependent special districts & M5TUs levying a millage (The sum of all Lines 20 from each districts Form DR-420MM-P) 24. Total taxes at maximum millage rate (Line 24 plus Line 23) 5 Total Maximum Versus Total Taxes Levied 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) S l G N H E R E Taxing Authority Certification 0 8,791,683 (23) (24) ! certify the miliages and rates are correct to the best of my knowledge, The mil#ages comply with the provisions of 5.200.065 and the provisions of either s. 200.071 or s. 200.081, F.S. Signature of Chief Administrative Officer: Title : ALYCE M. ROBERTSON, EXECUTIVE DIRECTOR Mailing Address : 200 5. BISCAYNE BLVD, STE 2929 City, State, Zip : MIAMI, FL 33131 Date : Contact Name and Contact Title : CECILIA CORE, SR MANAGER, ACCOUNTING AND FINANCE Physical Address : 200 5. BISCAYNE BLVD., SUITE 2929 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 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. MAXIMUM MILLAGE LEVY CALCULATION PRELIMINARY DISCLOSURE INSTRUCTIONS General Instructions Each of the 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 bya 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 2017 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 OR-420MM-P R. 5/12 Page 3 Lines 5-10 Only taxing authorities that levied a 2016 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 2016 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,5,), 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 of the 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 116 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, ora 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;l/floridareven ue.romlpropertyfPagesrrR IM•s spx SUBSTITUTED Certification of Taxable Value, Form DR-420 " e FLORIDA CERTIFICATION OF TAXABLE VALUE Reset Form -420 5n2 Rule *-16.002 Florida Adminf• ative Code ective 11 /12 Year : County : Principal Authority: Taxing Authority: SECTION I : COMPLETED BY PROPERTY APPRAISER 1. Current year taxable value of real property for operating purposes $ (1) 2. Current year taxable value of personal property for operating purposes $ (2) 3. Current year taxable value of centrally assessed property for operating purposes $ (3) 4. Current year gross taxable value for operating purposes (Line 1 plus Line 2 plus Line 3) $ (4) 5. Current year net new taxable value (Add new construction, additions, rehabilitativ improvements increasing assessed value by at least 100%, annexations, and tan. *le personal property value over 115%of the previous year's value. Subtract delet .ns.) $ (5) 6. Current year adjusted taxable value (Line 4 minus Line 5) $ (6) 7. Prior year FINAL gross taxable value from prior year applicable Form D' '03 series $ (7) 8 Does the taxing authority include tax increment financing areas? Ify .,enternumber of worksheets (DR-420TIF) attached. If none, enter 0 El YES Number (8) I. NO 9. Does the taxing authority levy a voted debt service millage or a - illagevoted for 2 years or less under s.9(b), Article VII, State Constitution? If yes rater the number of DR-42ODEBT, Certification of Voted Debt &tillage forms attac . • . If none, enter 0 ❑ YES ❑ NO Number (9) SIGN HEFtE Property Appraiser Certification I certify e taxable values above are correct to the best of my knowledge. Signature of Property Appraiser: Date : SECTION II : COMPLETED BY TAXING A HORITY If this portion of the form is not comp!• ed in FULL your taxing authority will be denied TRIM certification and possibly lose Its millage le privilege for the tax year. If any line Is not applicable, enter -0-. 10 Prior year operating millage levy (ifpri+ year millage was adjusted then use adjusted collage from Form DR-422) per $1,000 (10) 11. Prior year ad valorem proceeds ( e7multiplied by Line 10, divided by 1,000) $ (11) 12 Amount, if any, paid or applied i • rior year as a consequence of an obligation measured by a dedicated increment value (Su of either Lines 6corLine 7ofora(l DR-42077Fforms) $ (12) 13. Adjusted prior year ad v. orem proceeds (Line 17 minus Line 72) $ (13) 14. Dedicated increment v.' e, if any (Sum of either Line 6b orLine le fora!' DR-42071F forms) $ (14) 15. Adjusted current ar taxable value (Line 6 minus Line 74) $ (15) 16. Current year ro -d-back rate(Line 13 divided by Line 15, multiplied by 1,000) per $1000 (16) 17. Current yea •roposed operating millage rate per $1000 (17) 18. Total to to be levied at proposed millage rate (Line 77multiplied byLine4, divided by 1,0'„ $ (18) Continued on page 2 8 DR-420 R. 5/12 Page 2 19. TYPE of principal authority (check one) n County independent Special District Municipality I I Water Management District 9) 20. Applicable taxing authority (check one) ❑ Principal Authority Dependent Special District MSTU n Water Management Dls ct Basin (20) 21. Is millage levied in more than one county? (check one) • Yes • No (21) DEPENDENT SPECIAL DISTRICTS AND MSTUs STOP STOP HERE- N 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) $ (22) 23. Current year aggregate rolled -back rate (Line 22 divided byline 15, multiplied by 1,000) per $1,000 (23) 24. Current year aggregate rolled -back taxes (Line 4 multiplied by Line 23, divided by 1,000) ' (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 78 fro ' all DR-420 forms) $ (25) 26 Current year proposed aggregate millage rate (Line25dividedbyLine4, must' - ied by 1,000) per $1,000 (26) �7 Current year proposed rate as a percent change of rolled -back rate (Lin • 6 divided by Line23, minus 1, multiplied by 100) % (27) First public budget hearing Date : Time : ace : 1 G N H E R E Taxing Authority Certification certify the illages and rates are correct to the best of my knowledge. The milia• s comply with the provisions of s. 200.065 and the provisions of either s 00.071 or s. 200.081, F.S. Signature of Chief Administrative Officer : Date : Title: Contact Name and Contact Title : Mailing Address: Physical Address: City, State, Zip : Phone Number : Fax Number : Instructions on page 3 9 SUBSTITUTED CERTIFICATION OF TAXABLE VALUE INSTRUCTIONS "Principal Authority' is a county, municipality, or independent special district (including water management districts) "Taxing Authority" is the entity levying the millage. This includes the principal authority, any special district depende o the principal authority, any county municipal service taxing unit (MSTU), and water management district basins. Each taxing authority must submit to their property appraiser a DR-420 and the following forms, as applicable: DR-420TIF, Tax Increment Adjustment Worksheet • DR-4200EBT, Certification of Voted Debt Millage • DR-420MM-F, Maximum Miliege Levy Calculation - Preliminary Disclosure Section I: Property Appraiser Use this DR-420 form for all taxing authorities except school districts. Complete Section I, Lines 1 through 9, for each county, municipality, independent special district, dependent special district, MSTU, and multicounty taxing authority. Enter only taxable values that apply to the taxing authority indicated. Use a separate form for the principal authority and each dependent district, MSTU and water management district basin. Line 8 Complete a DR-420TIFfor each taxing authority making payments to a redevelopment trust fund under Section 163.387 (2)(a), Florida Statutes or by an ordinance, resolution or agreement to fund a project or to finance essential infrastructure. Check "Yes" if the taxing authority makes payments to e redevelopment trust fund. Enter the number of DR-420TIF forms attached for the taxing authority on Line 8. Enter 0 if none. Line 9 Complete a DR-4200EBT for each taxing authority levying ther a voted debt service millage (s.12, Article VII, State Consution) or a levy voted for two years or less (s. 9(b), Article VII -tate Constitution). Check "Yes" if the taxing authority levies either a v ed debt service millage or a levy voted for 2 years or les- 's. 9(b), Article VII, State Constitution). These levies do not in. +e levies approved by a voter referendum not require* •y the State Constitution Complete and attach DR-42cciEBT. Do not complete a separate DR-420 for these 1= ies. Send a copy to each taxing authority taxing authority returns the DR-42 Immediately send the original to: Florida Department of ' venue Property Tax Oversi._ - TRIM Section P. O. Box 3000 Tallahassee, Flo ':a 32315-3000 d keep a copy. When the nd the accompanying forms, Section II: Taxing Authority Complete Section II. Keep o copy, return the original and one copy to your property - praiser with the applicable DR-42071F, DR-420DEB , and DR-420MM-P within 35 days of certification. Send o copy to the tax collector. 'Dependent special district" (ss. I.001(8)(d) and 189.403(2), F.S.) means a special di- ict that meets at least one of the following criteria • The memb- ship of its governing body is identical to that of the go ruing body of a single county or a single rnun pality. • All ' embers of its governing body are appointed by the overning body of a single county or a single municipality. During their unexpired terms, members of the special district's governing body are subject to removal at will by the governing body of a single county or a single municipality. • The district has a budget that requires approval through an affirmative vote or can be vetoed by the governing body of a single county or a single municipality. "Independent special district" (ss. 200.001(8)(e) and 189.403 (3), F.S.) means a special district that is not a dependent special district as defined above. A district that includes more than one county is an independent special district unless the district lies wholly within the boundaries of a single municipality "Non -voted millage" is any millage not defined as a "voted millage" in s_ 200.001(8)(f), F.S. DR 0 R •712 age 3 Lines 12 and 14 Adjust the calculation of the rolled -back rate for tax increment values and payment amounts. See the instructions for DR-420TIF On Lines 12 and 14, carry forward values from the DR-420TIF forms. Line 24 Include only those levies derived from millage rates. All TRIM forms for taxing a uthor+ties are available on our website at http:///dor.myflo rida.corrtldorlpropertyltrim 10