HomeMy WebLinkAboutR-17-0474City of Miami
Resolution R-17-0474
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 2899 Final Action Date: 9/28/2017
A RESOLUTION OF THE MIAMI CITY COMMISSION PROPOSING A FINAL MILLAGE
RATE FOR AD VALOREM TAXATION PURSUANT TO SECTION 200.065, FLORIDA
STATUTES (2017), DEFINING AND DESIGNATING THE TERRITORIAL LIMITS FOR
THE CITY OF MIAMI ("CITY"); LEVYING AN AD VALOREM TAX ON ALL REAL AND
PERSONAL PROPERTY IN THE CITY AT A TOTAL FINAL RATE OF 8.0300 MILLS ON
THE DOLLAR OF THE TAXABLE VALUE OF SUCH PROPERTY FOR THE PURPOSES
OF FUNDING THE GENERAL OPERATING BUDGET AND PAYMENT OF DEBT
SERVICE, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2017 AND ENDING
SEPTEMBER 30, 2018; CONTAINING A SEVERABILITY CLAUSE, AND PROVIDING
FOR AN EFFECTIVE DATE.
WHEREAS, Section 200.065, Florida Statutes (2017), sets forth the method of
computing, proposing, and fixing a millage rate for ad valorem taxation; and
WHEREAS, for the purposes of this Resolution, the City of Miami ("City") is defined as
all of the territory and inhabitants within the area defined in Section 2 of the Charter of the City,
entitled "Corporate Limits", and more specifically described in Exhibit "A" of the Charter, on file
in the Office of the City Clerk; and
WHEREAS, on July 1, 2017, the Miami -Dade County Property Appraiser ("PA"),
pursuant to Section 200.065(1), Florida Statutes (2016), certified to the City the preliminary
taxable value within its territorial limits, set at $49,621,309,999; and
WHEREAS, the City prepared a tentative budget for the Fiscal Year beginning October 1,
2017 and ending September 30, 2018 and computed a total proposed millage rate of 8.0300,
which is 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, on July 27, 2017, the City Commission enacted Resolution No. R-17-0383,
wherein it directed the City Manager to submit to the PA and the Miami -Dade County Tax
Collector the total proposed millage rate of 8.0300 mills, together with the required information
set forth in Section 200.65(2)(b), Florida Statutes (2016); and
WHEREAS, on September 14, 2017, the City held a public hearing, as required pursuant
to Section 200.065(2)(c), Florida Statutes (2017), where the City Commission enacted
Resolution No. R- 17-0446, wherein a total tentative millage rate of 8.0300 mills was adopted;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. There shall be levied an ad valorem tax on all real and personal property in
City of Miami Page 1 of 2 File ID: 2899 (Revision:) Printed On: 3/24/2025
File ID: 2899 Enactment Number: R-17-0474
the City at a final total rate of 8.0300 mills on the dollar of the taxable value of such property for
the Fiscal Year commencing October 1, 2017 and ending September 30, 2018, computed as
follows for the purposes of:
7.4365 mills to fund the General Operating Budget; and
0.5935 mills to provide for the payment of maturing principal and interest, and charges
and requirements related thereto, of voter approved indebtedness.
Section 3. The final millage rate herein adopted for the purposes of funding the General
Operating Budget is 4.84% greater than the rolled -back rate of 7.0934 mills.
Section 4. If any section, part of a section, paragraph, clause, phrase, or word of this
Resolution is declared invalid, the remaining provisions of the Resolution shall not be affected.
Section 5. This Resolution shall be effective as of October 1, 2017 after final reading and
adoption thereof.
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City Attor ey ) 9/29/2017
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.
City of Miami Page 2 of 2 File ID: 2899 (Revision:) Printed on: 3/24/2025