HomeMy WebLinkAboutSubmittal-Alyce Roberson-Resolution Revision A 7-23-2019City of Miami
Legislation
Resolution:
Submitted into the public
record for it m.(s)
on l 9 . 35009a vi er Can Drive
Miami, FL 33133
www.miamigov.com
File Number: 6050
Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A
PROPOSED MILLAGE RATE FOR THE MIAMI DOWNTOWN DEVELOPMENT
AUTHORITY ("DDA"), FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2019
AND ENDING SEPTEMBER 30, 2020; AUTHORIZING THE EXECUTIVE
DIRECTOR TO SUBMIT SAID PROPOSED MILLAGE RATE AND
STATUTORILY DEFINED ROLLED -BACK RATE TO THE MIAMI-DADE
COUNTY PROPERTY APPRAISER AND 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 ("Statute"), sets forth requirements for the
"Truth in Millage" ("TRIM') notice and requires each taxing authority to establish a proposed
millage rate and to determine the statutorily defined rolled -back rate; and
WHEREAS, the Statute stipulates that said proposed millage rate and statutorily defined
rolled -back rate be submitted to the Miami -Dade County Property Appraiser ("Property
Appraiser') and the Miami -Dade County Tax Collector ("Tax Collector"); and
WHEREAS, said proposed millage rate will reflect the levy necessary to fund the Miami
Downtown Development Authority's ("DDA") tentative budget other than the portion of the
budget to be funded from sources other than ad valorem taxes; and
WHEREAS, the Statute defines the "rolled back millage rate" as a millage rate which,
with certain specified exclusions, will provide the same ad valorem tax revenue for each taxing
authority as was levied during the prior year less the amount, if any, paid or applied as a
consequence of an obligation measured by the dedicated increment value; those exclusions are
"new construction, additions to structures, deletions, increases in the value of improvements
that have undergone a substantial rehabilitation which increased the assessed value of such
improvements by at least 100 percent, property added due to geographic boundary changes,
total taxable value of tangible personal property within the jurisdiction in excess of 115 percent
of the previous year's total taxable value, and any dedicated increment value"; and
WHEREAS, the proposed millage rate submitted to the Property Appraiser and the Tax
Collector is not binding but is necessary for the purpose of preparation of tax notices;
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
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. The DDA's rolled back rate is 0.4491 mills.
City of Miami
Page 1 of 2 Fife ID: 6050 (Revision: A) Printed On: 7/23/2019
L0050 SbryllW Ilobei-Son-11.Qs0106 Nocscil A `)12,312a9
File ID: 6050
Enactment Number:
Section 3. The proposed millage rate for the DDA for the Fiscal Year beginning October
1, 2019 and ending September 30, 2020 is 0.4681 mills, which is 4,23% more than the rolled
back rate.
Section 4. The Executive Director is hereby authorized' to submit forthwith the rolled
back rate and the proposed millage rate for the DDA to the Property Appraiser and to the Tax
Collector together with the date, 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 12, 2019 at 5:05 P.M. and September 26, 2019 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:
de z, pity Attar
' The herein authorization is further subject to compliance with all requirements that may be imposed by
the City Attorney, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
2 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: 6050 (Revision: A) Printed on: 7123/2019