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HomeMy WebLinkAboutForm of NoticeNOTICE OF PROPOSED TAX INCREASE The City of Miami has tentatively adopted a measure to increase its property tax levy. Last year's property tax levy: A. Initially proposed tax levy B. Less tax reductions due to Value Adjustment Board and other assessment changes $7,638,022 C. Actual property tax levy $549,458,184 This year's proposed tax levy $632,062,370 $557,096,206 All concerned citizens are invited to attend a public hearing on the tax increase to be held on: DATE: Thursday, September 28th, 2023 TIME: 5:05 p.m. PLACE: City Hall, City Commission Chambers, 3500 Pan American Drive, Miami, Florida 33133 Persons needing special accommodations to participate in this proceeding call (305) 250-5361 (Voice) and TTY users call via 711 (Florida Relay Service) no later than two (2) business days prior to the proceeding. Additional information: https://www.miami.gov A FINAL DECISION on the proposed tax increase and the budget will be made at this hearing. Ad No. 40491 BUDGET SUMMARY / CITY OF MIAMI - FISCAL YEAR 2023-2024 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF MIAMI ARE 7.7% GREATER THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES. General Fund 7.4843 Voted Debt 0.3235 ESTIMATED REVENUES GENERAL FUND SPECIAL REVENUE DEBT SERVICE INTERNAL SERVICE FUND TOTAL Taxes: Millage per $1000 Ad Valorem Taxes 7.4843 Ad Valorem Taxes 0.3235 (Voted Debt) TIF Transfer (CRA) Delinquent Ad Valorem Taxes Interest Ad Valorem Taxes Franchise Fees & Other Taxes Interest Fines & Forfeitures Intergovernmental Revenue Licenses and Permits Other Revenues Charges for Services 600,463,000 (62,681,000) 16,750,000 150,000 131,767,000 11,508,000 6,743,000 111,569,000 87,898,000 5,772,000 132,737,000 25,958,000 40,000 1,250,000 48,655,000 5,000,000 5,370,000 290,091,000 3,567,000 9,338,000 112,870,000 46,000 600,463,000 25,958,000 (62,681,000) 16,750,000 150,000 131,767,000 11,548,000 7,993,000 165,224,000 93,268,000 412,300,000 142,121,000 TOTAL SOURCES 1,042,676,000 354, 744, 000 34,525,000 112,916,000 1,544,861,000 Transfers -In 25,390,000 31,607,000 31,801,000 Fund Balance/Reserves/Net Assets 88,798,000 TOTAL REVENUES, TRANSFERS & BALANCES 1,068,066,000 386,351,000 66,326,000 112,916,000 1,633,659,000 EXPENDITURES General Government Planning & Development Community Development Public Works Public Safety Others Non -Departmental Debt Services 103,161,000 94,278,000 49,321,000 31,726,000 2,281,000 75,885,000 121,907,000 27,224,000 559,171,000 65,762,000 82,599,000 16,641,000 70,167,000 50,462,000 66,326,000 16,161, 000 213,600,000 81,047,000 78,166,000 149,131,000 624,933,000 96, 755, 000 195,995,000 120,629,000 66,326,000 TOTAL EXPENDITURES 988,607,000 361,978,000 66,326,000 112, 916, 000 1,529,827,000 Transfers -Out Fund Balance/Reserves/Net Assets 74,459,000 5,000,000 24, 373, 000 98,832,000 5,000,000 TOTAL APPROPRIATED EXPENDITURES, TRANSFERS, RESERVES & BALANCES 1,068,066,000 386,351,000 66,326,000 112, 916, 000 1,633,659,000 THE TENTATIVE, ADOPTED, AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD. Ad #40491 AVISO DE AUMENTO DE IMPUESTOS La Ciudad de Miami ha adoptado tentativamente, un aumento a los impuestos de propiedad. Impuestos de propiedad del aiio pasado: A. Impuestos propuestos originalmente $557,096,206 B. Menos reducciones en impuestos propuestos por la junta de ajustes de valores y otros cambios $7,638,022 C. Impuestos de propiedad reales $549,458,184 Impuestos propuestos para el aiio presente $632,062,370 Todos los ciudadanos interesados estan invitados a asistir a la audiencia publica del incremento de impuestos que tomara lugar el: FECHA: jueves, 28 de Septiembre, 2023 HORA: 5:05 p.m. LUGAR: La Alcaldia de Miami, 3500 Pan American Drive, Miami, Florida 33133 Personas que necesiten acomodaciones especiales para participar en este proceso pueden Ilamar (305) 250-5361 (Voz) y los usuarios de TTY pueden Ilamar al 711 (Florida Relay Service), a mas tardar dos (2) dias habiles antes del proceder. Para mas informacion: https://www.miami.gov SE TOMARA UNA DECISION FINAL sobre el aumento de impuestos y del presupuesto en esta audiencia publica. Ad No. 40491 RESUMEN PRESUPUESTARIO / CIUDAD DE MIAMI - AIV0 FISCAL 2023-2024 LOS GASTOS DEL PRESUPUESTO DE OPERACION PROPUESTOS PARA LA CIUDAD DE MIAMI SON 7.7% MAYOR QUE LOS GASTOS TOTALES DE OPERACION DEL ANO PASADO. Fondo General 7.4843 Deuda por Voto 0.3235 ESTIMADO DE INGRESOS FONDO GENERAL FONDO DE INGRESOS ESPECIALES FONDO DE SERVICIO DE DEUDAS FONDO DE SERVICIOS INTERNOS TOTAL Impuestos: Milesimas de Dolar por $1000 Impuestos por Avaluo 7.4843 Impuestos por Avaluo 0.3235 (por voto) TIF Transferencias (CRA) Impuestos por Avaluo Atrasados Gravamenes sobre Intereses por Avaluo Cuotas de Franquicia y otros Impuestos Intereses Multas y Confiscaciones Ingresos Intergubernamentales Licencias y Permisos Otros Ingresos Cargos por Servicios 600,463,000 (62,681,000) 16,750,000 150,000 131,767,000 11,508,000 6,743,000 111,569,000 87,898,000 5,772,000 132,737,000 25,958,000 40,000 1,250,000 48,655,000 5,000,000 5,370,000 290,091,000 3,567,000 112,870,000 9,338,000 46,000 600,463,000 25,958,000 (62,681,000) 16,750,000 150,000 131,767,000 11,548,000 7,993,000 165,224,000 93,268,000 412,300,000 142,121,000 TOTAL DE FUENTES DE INGRESO 1,042,676,000 354, 744, 000 34,525,000 112,916,000 1,544,861,000 Transferencias Recibidas Saldo de Fondos/Reservas/Activos Netos 25,390,000 31,607,000 31,801,000 88,798,000 TOTAL DE INGRESOS, TRANSFERENCIAS Y SALDOS 1,068,066,000 386,351,000 66,326,000 112,916,000 1,633,659,000 GASTOS/COSTOS Gobierno General Planificacion y Desarrollo Desarrollo Comunitario Obras Publicas Seguridad Publica Otros Costos Gastos no Departamentales Costos de Deudas 103,161,000 94,278,000 49,321,000 31,726,000 2,281,000 75,885,000 121,907,000 27,224,000 559,171,000 65,762,000 82,599,000 16,641,000 70,167,000 50,462,000 66,326,000 16,161, 000 213,600,000 81,047,000 78,166,000 149,131,000 624,933,000 96, 755, 000 195,995,000 120,629,000 66,326,000 TOTAL DE GASTOS/COSTOS 988,607,000 361,978,000 66,326,000 112, 916, 000 1,529,827,000 Transferencias 0torgadas Saldo de Fondos/Reservas/Activos Netos 74,459,000 5,000,000 24, 373, 000 98,832,000 5,000,000 TOTAL DE GASTOS APROPRIADOS, TRANSFERENCIAS, RESERVAS Y SALDOS 1,068,066,000 386,351,000 66,326,000 112,916,000 1,633,659,000 LOS PRESUPUESTOS PROVISIONALES, ADOPTADOS Y/O DEFINITIVOS SE ENCUENTRAN ARCHIVADOS EN LA OFICINA DE LA ANTES MENCIONADA AUTORIDAD FISCAL COMO REGISTRO PUBLICO. Ad # 40491