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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #2807 Date: 08/11/2017 Commission Meeting Date: 09/19/2017 Requesting Department: Office of Management and Budget Sponsored By: District Impacted: All Type: Discussion Item Subject: Discussion - Proposed FY'18 Millage Rate & Tentative Budget Purpose of Item: To allow discussion of and public comment on the Proposed FY 2017-18 Millage Rate, Tentative Budget and all other Budget Items on the agenda. Background of Item: The Proposed General Operating Millage rate of 7.4365 for the City of Miami for the Fiscal Year beginning October 1, 2017 and ending September 30, 2018 is 4.84 percent higher than the State Defined Rolled -Back Rate of 7.0934 mills. The FY 2017-18 Proposed Operating and Capital Budgets were presented to the City Commissioners, filed with the City Clerk, and posted online on July 7, 2017. Budget Impact Analysis Item is Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: $1,059,026,000 General Account No:Various Special Revenue Account No: Various CIP Project No: Various Reviewed B Office of Management and Budget Christopher M Rose Department Head Review Completed 08/14/2017 9:55 AM City Manager's Office Fernando Casamayor Assistant City Manager Review Completed 08/16/2017 3:47 PM City Manager's Office Fernando Casamayor City Manager Review Completed 08/16/2017 3:49 PM Legislative Division Carolina Aguila Legislative Division Review Skipped 09/05/2017 9:11 AM Office of the City Attorney Carolina Aguila Deputy City Attorney Review Skipped 09/05/2017 9:11 AM Office of the City Attorney Carolina Aguila Approved Form and Correctness Skipped 09/05/2017 9:11 AM City Commission Nicole Ewan Meeting Completed 09/14/2017 5:05 PM City Commission Nicole Ewan Meeting Completed 09/19/2017 5:05 PM