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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM Second Reading File ID: #9465 Date: 08/02/2021 Commission Meeting Date: 09/23/2021 Type: Ordinance Subject: Adopt Millage FY '22 - City of Miami Requesting Department: Office of Management and Budget Sponsored By: District Impacted: All PURPOSE OF ITEM: To establish the millage rates for the fiscal year ending September 30, 2021 (FY 2021- 22) at: General Operating 7.6665 Debt Service 0.3235 Total Millage Rate 7.9900 BACKGROUND INFORMATION: The City of Miami FY 2021-22 Proposed Operating Budget, as presented in July 12, 2021, contains the following recommended millage rates: General Operating 7.6665 Debt Service 0.3235 Total Millage Rate 7.9900 On July 22, 2021, the City Commission approved the millage caps and set the Budget Hearing dates, as approved by R-21-0316. A five- year history of millage rates are shown below: 2021-22 General Operating 7.6665 Debt Service 0.3235 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 7.4365 7.6665 0.5935 Total Millage Rate 8.0300 7.9900 7.9900 7.5865 0.4435 8.0300 Proposed 7.5665 0.4235 0.3235 7.9900 City of Miami File ID: 9465 (Revision: A) Printed On: 6/3/2025 For the City Commission's reference, every tenth mill will generate approximately $5.609 million for the City of Miami General Fund in the next fiscal year. Florida Statute Section 200.065 governs the setting the millage rates, adoption of budget, and the timeframes required of each. It requires that the City of Miami advise the Property Appraiser of its proposed millage within 35 days of the July 1st certification of value so that the information can be included in the notice of proposed property taxes mailed to property owners in August. The same statute governs the timeframes for the first and second budget hearings. The first hearing must be held between 65 and 80 days of the same July 1 certification of value, which is no earlier than September 3 and no later than September 18. The City must then hold a second budget hearing with enough time to provide the final budget and millage rates to the property appraiser, tax collector, and State of Florida Department of Revenue by October 1. The City of Miami proposed to set the first budget hearing for September 13, 2021 and the second budget hearing on September 23, 2021. Miami- Dade County is scheduled to present their budget hearings on September 14, 2021 and September 28, 2021. The School Board Budget Meeting is scheduled for September 9, 2021. Effectively, the tentative millage adopted on July 22, 2021 represents the upper limit for the millage rates to be considered in September. The Commission may lower the general operating millage rate at either of the two budget hearings, but effectively cannot raise it above what is adopted in July. State law allows for this possibility, but it cannot be practically achieved within the timeframes provided in state law. According to the Property Appraiser's Office, this re -noticing of millage rates has not been accomplished even once in the history of the State of Florida. Budget Impact Analysis Item is Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: $429,852,000 Reviewed B Office of Management and Budget Leon P Michel City Manager's Office Fernando Casamayor Legislative Division Valentin J Alvarez City Manager's Office Arthur Noriega V Office of the City Attorney Richard Appleton Office of the City Attorney Barnaby L. Min Office of the City Attorney Victoria Mendez City Commission Todd B. Hannon Legislative Division Valentin J Alvarez Office of the City Attorney Richard Appleton Department Head Review Assistant City Manager Review Legislative Division Review City Manager Review ACA Review Deputy City Attorney Review Approved Form and Correctness Meeting Legislative Division Review ACA Review Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed 08/02/2021 1:25 PM 08/06/2021 11:53 AM 08/08/2021 12:02 PM 08/11/2021 10:39 AM 08/17/2021 6:23 PM 08/18/2021 8:19 AM 08/20/2021 11:46 AM 09/13/2021 5:05 PM 09/14/2021 9:04 PM 09/14/2021 9:34 PM City of Miami File ID: 9465 (Revision: A) Printed On: 6/3/2025 Office of the City Attorney Barnaby L. Min Deputy Attorney Review Completed 09/14/2021 9:40 PM Office of the City Attorney Victoria Mendez Approved Form and Correctness Completed 09/14/2021 9:50 PM City Commission Maricarmen Lopez Meeting Completed 09/23/2021 5:05 PM Office of the Mayor Mayor's Office Signed by the Mayor Completed 09/24/2021 3:34 PM Office of the City Clerk City Clerk's Office Signed and Attested by the City Clerk Completed 09/24/2021 3:38 PM Office of the City Clerk City Clerk's Office Rendered Completed 09/24/2021 3:38 PM City of Miami File ID: 9465 (Revision: A) Printed On: 6/3/2025 City of Miami Legislation Ordinance Enactment Number:14030 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 9465 Final Action Date: 9/23/2021 AN ORDINANCE OF THE MIAMI CITY COMMISSION RELATED TO TAXING, DEFINING, AND DESIGNATING THE TERRITORIAL LIMITS OF 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 7.9900 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, 2021 AND ENDING SEPTEMBER 30, 2022; CONTAINING A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, for the purpose of this Ordinance, 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 of Miami, Florida, as amended ("City Charter"), titled "Corporate Limits", and more specifically described in Exhibit "A" of the City Charter and on file in the Office of the City Clerk; and WHEREAS, Section 200.065, Florida Statutes (2021), sets forth the method of fixing a millage rate; and WHEREAS, on July 1, 2021, the Miami -Dade County Property Appraiser ("PA"), pursuant to Section 200.065(1), Florida Statutes (2021), certified to the City the preliminary taxable value within the City's territorial limits at $65,835,239,651; and WHEREAS, the City prepared a tentative budget for the fiscal year beginning October 1, 2021 and ending September 30, 2022 ("Fiscal Year") and computed a total proposed millage rate of 7.9900, 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, the City Commission adopted Resolution No. R-21-0316 on July 22, 2021, wherein it directed the City Manager to submit to the PA and the Miami -Dade County Tax Collector the total proposed millage rate of 7.99000 mills together with the required information set forth in Section 200.65(2)(b), Florida Statutes (2021); and WHEREAS, Section 200.065(5)(a)(1), Florida Statutes (2021), requires that the now final millage rate of 7.9900 mills would further require, at the time of the City's second budget hearing, a majority affirmative vote of the City Commission on the final determination to adopt such millage rate; and WHEREAS, Section 200.065(2)(c), Florida Statutes (2021), requires the City Commission to hold a public hearing on the tentative budget and the proposed millage rate; NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: City of Miami File ID: 9465 (Revision: A) Printed On: 6/3/2025 Section 1. The recitals and findings contained in the Preamble to this Ordinance 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 the City at a total final rate of 7.9900 mills on the dollar of the taxable value of such property for the Fiscal Year computed as follows: 7.6665 mills to fund the General Operating Budget, 0.3235 mills to provide for the payment of maturing principal, interest, charges, and requirements related thereto of voter approved indebtedness. Section 3. The final millage rate herein adopted for the purpose of funding the General Operating Budget is 4.41 percent greater than the rolled -back rate of 7.3428 mills. Section 4. If any section, part of a section, paragraph, clause, phrase, or word of this Ordinance is declared invalid, the remaining provisions of the Ordinance shall not be affected. Section 5. This Ordinance shall be effective October 1, 2021 after final reading and adoption thereof.' APPROVED AS TO FORM AND CORRECTNESS: ndez, City Attor 8/20/2021 ndez, City Attor 9/14/2021 1 This Ordinance shall become effective as specified herein unless vetoed by the Mayor within ten (10) days from the date it was passed and adopted. If the Mayor vetoes this Ordinance, it shall become effective immediately upon override of the veto by the City Commission or upon the effective date stated herein. whichever is later. City of Miami File ID: 9465 (Revision: A) Printed On: 6/3/2025