HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #14432
Date: 08/07/2023
Commission Meeting Date: 09/28/2023
Requesting Department: Downtown
Development Authority
Sponsored By:
District Impacted:
Type: Resolution
Subject: Approve Final Millade FY '24 - Downtown Development Authority
Purpose of Item:
The Downtown Development Authority of the City of Miami ("Miami DDA") requests that
the City Commission adopt the attached Resolution setting the final millage rate thereof.
Background of Item:
Chapter 14 of the City of Miami Code authorizes the City Commission to levy an
additional ad valorem tax revenue on all real and personal property within the Miami
DDA, not to exceed 0.4673 mills on the dollar valuation of such property for financing
the operations of the Miami DDA.
Attached is a Resolution for the City Commission approval, which fixes the Miami DDA
final millage rate at 0.4681 mills and levies taxes for the fiscal year beginning October 1,
2023, and ending September 30, 2024.
The final millage rate is the same as the current year's rate. 13.31 % is the current year
final rate as a percent change of rolled -back rate (increase) from the 0.4131 rollback
rate.
Budget Impact Analysis
Item is Related to Revenue
Item is NOT funded by Bonds
Total Fiscal Impact:
N/A
Downtown Development Authority
Office of Management and Budget
Office of Management and Budget
City Manager's Office
Legislative Division
Office of the City Attorney
Office of the City Attorney
City Commission
Office of the Mayor
Office of the City Clerk
Christina Crespi
Pedro Lacret
Marie Gouin
Arthur Noriega V
Valentin J Alvarez
Xavier Alban
Victoria Mendez
Maricarmen Lopez
Mayor's Office
City Clerk's Office
Reviewed B
Department Head Review
Budget Analyst Review
Budget Review
City Manager Review
Legislative Division Review
ACA Review
Approved Form and Correctness
Meeting
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Completed
Signed by the Mayor Completed
Signed and Attested by the City Clerk Completed
08/08/2023 12:41 PM
08/17/2023 1:09 PM
08/22/2023 9:56 AM
08/22/2023 11:22 AM
08/22/2023 12:00 PM
09/19/2023 2:25 PM
09/19/2023 6:35 PM
09/28/2023 5:05 PM
09/29/2023 5:09 PM
09/29/2023 5:15 PM
Legislative Division Valentin J Alvarez Legislative Division Review Completed 09/29/2023 5:26 PM
Office of the City Attorney Xavier Alban ACA Review Completed 09/29/2023 5:38 PM
Office of the City Attorney Victoria Mendez Approved Form and Correctness with Modification(s) Completed
Office of the City Clerk City Clerk's Office Rendered Completed 09/30/2023 3:23 PM
City of Miami
Legislation
Resolution
Enactment Number: R-23-0443
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 14432 Final Action Date:9/28/2023
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
PROPOSING AN ADDITIONAL FINAL MILLAGE RATE FOR AD VALOREM
TAXATION PURSUANT TO SECTION 200.065, FLORIDA STATUTES; DEFINING
AND DESIGNATING THE TERRITORIAL LIMITS OF THE DOWNTOWN
DEVELOPMENT DISTRICT ("DISTRICT") OF THE CITY OF MIAMI, FLORIDA
("CITY"); LEVYING AN ADDITIONAL AD VALOREM TAX ON ALL REAL AND
PERSONAL PROPERTY IN THE DISTRICT AT THE RATE OF 0.4673 MILLS ON THE
DOLLAR OF TAXABLE VALUE OF SUCH PROPERTY IN SAID DISTRICT FOR THE
PURPOSE OF FINANCING THE OPERATION OF THE DOWNTOWN
DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024;
PROVIDING THAT SAID FINAL MILLAGE SHALL BE IN ADDITION TO THE MILLAGE
ADOPTED BY THE CITY COMMISSION PURSUANT TO ARTICLE VII, SECTION 9
OF THE FLORIDA CONSTITUTION AND SECTION 166.211, FLORIDA STATUTES,
AS WELL AS ANY SPECIAL ASSESSMENTS IMPOSED BY THE SAME; PROVIDING
THAT THIS RESOLUTION SHALL NOT BE DEEMED AS REPEALING OR
AMENDING ANY OTHER RESOLUTION OR ANY ORDINANCE FIXING MILLAGE OR
LEVYING TAXES, BUT SHALL BE DEEMED SUPPLEMENTAL AND IN ADDITION
THERETO; CONTAINING A SEVERABILITY CLAUSE; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the Miami City Commission pursuant to Chapter 65-1090, Laws of Florida;
Section 189.056, Florida Statutes ("F.S."); and Section 14-60 of the Code of the City of Miami,
Florida, as amended ("City Code"), is authorized to levy an additional ad valorem tax on the
taxable value of all real and personal property in the Downtown Development District, the
boundaries of which are established in Section 14-27 of the City Code, attached and
incorporated as Exhibit "A" ("District"), not exceeding 0.4750 mills on the dollar valuation of such
property for the purpose of financing the operation of the Downtown Development Authority of
the City of Miami, Florida ("Miami DDA") as affirmed in Milan Investment Group v. City of Miami,
172 So. 3d 458 (Fla. 3rd DCA 2015); and
WHEREAS, Section 200.065, F.S., sets forth the method of computing, proposing, and
fixing a millage rate for ad valorem taxation; and
WHEREAS, the City Commission reduced the final millage rate of the Miami DDA at the
second budget hearing from 0.4681 mills to 0.4673 mills; and
WHEREAS, Section 200.065(5)(a)2., F.S., requires that the now final millage rate of
0.4673 mills would further require, at the time of a second hearing, a two-thirds (2/3) affirmative
vote of the City Commission on the final determination to adopt such final millage rate; and
WHEREAS, on July 1, 2023, the Miami -Dade County Property Appraiser ("Property
Appraiser") pursuant to Section 200.065(1), F.S., certified to the Miami DDA the taxable value of
property within the territorial limits of the District at $27,699,801,239.00 as set forth in attached
and incorporated Exhibit "B"; and
WHEREAS, the Miami DDA prepared a final budget for the Fiscal Year ("FY") beginning
October 1, 2023, and ending September 30, 2024, and computed a final millage rate of 0.4673
mills, which is necessary to fund the final budget, other than the portion of the Miami DDA's
budget to be funded from sources other than ad valorem taxes; and
WHEREAS, on July 27, 2023, the City Commission adopted Resolution No. R-23-0337,
attached and incorporated as Exhibit "C", wherein it directed the Executive Director of the Miami
DDA to submit to the Property Appraiser and the Miami -Dade County Tax Collector the
proposed millage rate of 0.4681 mills, together with other required information set forth in
Section 200.65(2)(b), F.S.; and
WHEREAS, Section 200.065(2)(c), F.S., requires the City Commission to hold a first
budget public hearing on the tentative millage rate and proposed budget, which occurred on
September 9, 2023, and a duly noticed second budget public hearing on the final budget and
the final millage rate, with the form notice attached and incorporated as Exhibit "D," and such
second budget public hearing has occurred earlier today in this meeting;
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 as if fully set forth in this Section.
Section 2. There shall be levied an additional ad valorem tax on the taxable value of all
real and personal property within the District at a rate of 0.4673 mills on the dollar of the taxable
value of such property for the purpose of financing the operation of the Miami DDA for the FY
beginning October 1, 2023, and ending September 30, 2024.
Section 3. The final millage rate herein adopted is 13.12% greater than the rolled -back
rate of 0.4131 mills.
Section 4. The final millage rate adopted, and the ad valorem taxes levied pursuant to
this Resolution shall be in addition to the fixing of the final millage rate adopted and ad valorem
taxes levied by the City Commission, pursuant to Article VII, Section 9 of the Florida
Constitution and Section 166.211, F.S., as well as in addition to any special assessments
imposed by the same.
Section 5. This Resolution shall neither repeal nor amend any other resolution or
ordinance adopting final millage or levying ad valorem taxes for the FY beginning October 1,
2023, and ending September 30, 2024, but shall be deemed supplemental and in addition
thereto.
Section 6. 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 7. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
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.
APPROVED AS TO FORM AND CORRECTNESS:
ndez, City Httor
ey ) 9/19/2023