HomeMy WebLinkAboutR-23-0337City of Miami
Resolution R-23-0337
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 14063 Final Action Date: 7/27/2023
A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A
PROPOSED MILLAGE RATE FOR THE MIAMI DOWNTOWN DEVELOPMENT
AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA") FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER
30, 2024; 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 DATES, TIMES, AND LOCATIONS OF
THE PUBLIC HEARINGS AT WHICH THE CITY COMMISSION WILL
CONSIDER THE PROPOSED MILLAGE RATE, THE MIAMI DDA'S TENTATIVE
BUDGET, THE TENTATIVE MILLAGE, FINAL MILLAGE, AND FINAL 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 of the City of Miami, Florida's ("MIAMI 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; and
WHEREAS, the exclusions to the rolled back millage rate 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
one hundred (100%), property added due to geographic boundary changes, total taxable value
of tangible personal property within the jurisdiction in excess of one hundred fifteen percent
(115%) 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 TRIM notices;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
City of Miami Page 1 of 2 File ID: 14063 (Revision:) Printed On: 7/10/2025
File ID: 14063 Enactment Number: R-23-0337
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 MIAMI DDA's rolled back rate is 0.4131 mills.
Section 3. The proposed millage rate for the MIAMI DDA for the Fiscal Year beginning
October 1, 2023, and ending September 30, 2024, is 0.4681 mills, which is 5.50% 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 MIAMI DDA to the Property Appraiser and to the
Tax Collector together with the dates, times, and locations at which the City Commission will
hold public hearings to consider the proposed millage rate, the MIAMI DDA's tentative budget,
tentative millage, final millage, and final budget for said fiscal year as follows: First Public
Budget Hearing on Saturday, September 9, 2023 at 10:00 A.M. in the City Commission
Chambers at City Hall, 3500 Pan American Drive, Miami, Florida, or at such other time, date,
location, as otherwise allowed by Florida laws, and the Second Public Budget Hearing on
Thursday, September 28, 2023, at 5:05 P.M.in the City Commission Chambers at City Hall,
3500 Pan American Drive, Miami, Florida, or at such other time, date, location, as otherwise
allowed by Florida laws.
Section 5. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.2
APPROVED AS TO FORM AND CORRECTNESS:
1 The herein authorization is further subject to compliance with all legal requirements that may be
imposed, including but not limited to, those prescribed by applicable City Charter and City Code
provisions.
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: 14063 (Revision:) Printed on: 7/10/2025