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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #16450 Date: 08/05/2024 Commission Meeting Date: 09/26/2024 Requesting Department: Downtown Development Authority Sponsored By: District Impacted: Type: Discussion Item Subject: Discussion - Final Millage and Final Budget FY '25 Purpose of Item: Discussion of final millage rate and final budget for the Downtown Development Authority of the City of Miami ("Miami DDA"). Background of Item: Discussion of final millage rate, as approved at the September 7th, 2024, City Commission Meeting, and final budget for the Miami DDA. 5.7% current year tentative rate as a percent change of rolled -back rate: 0.4505 is the tentative millage rate, 0.4262 is the rollback rate. Budget Impact Analysis Item is Related to Revenue Item is NOT an Expenditure 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 City Manager's Office City Manager's Office City Commission Reviewed B Christina Crespi Pedro Lacret Marie Gouin Larry M. Spring Natasha Colebrook -Williams Arthur Noriega V Maricarmen Lopez Department Head Review Budget Analyst Review Budget Review Assistance City Manager Deputy City Manager Review City Manager Review Meeting Completed Completed Completed Completed Completed Completed Completed 09/09/2024 8:30 AM 09/09/2024 10:18 AM 09/09/2024 12:36 PM 09/09/2024 4:49 PM 09/10/2024 11:33 AM 09/11/2024 1:54 PM 09/26/2024 5:05 PM