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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #4734 Date: 08/27/2018 Commission Meeting Date: 09/13/2018 Requesting Department: Office of Management and Budget Sponsored By: District Impacted: Various Type: Discussion Item Subject: Discussion and Public Comment - City's Proposed Budget and Tentative Millage FY '19 Purpose of Item: To allow discussion of and public comment on the Proposed FY 2018-19 Millage Rate, Tentative Budget and all other Budget Items on the agenda. Background of Item: The Proposed General Operating Millage rate of 7.5865 for the City of Miami for the Fiscal Year beginning October 1, 2018 and ending September 30, 2019 is 9.47 percent higher than the State Defined Rolled -Back Rate of 6.9301 mills. The FY 2018-19 Proposed Operating and Capital Budgets were presented to the City Commissioners, filed with the City Clerk, and posted online on July 9, 2018. Budget Impact Analysis Item is Related to Revenue Item is an Expenditure Item is NOT funded by Bonds Total Fiscal Impact: $1,086,428,000 Reviewed B Office of Management and Budget Christopher M Rose Department Head Review Completed 08/29/2018 11:54 AM City Manager's Office Sandra Bridgeman Assistant City Manager Review Completed 09/04/2018 1:01 PM City Manager's Office Nikolas Pascual City Manager Review Completed 09/04/2018 2:58 PM City Commission Nicole Ewan Meeting Completed 09/13/2018 5:05 PM