HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #16625
Date: 09/09/2024
Commission Meeting Date: 09/26/2024
Requesting Department: Office of
Management and Budget
Sponsored By:
District Impacted:
Type: Discussion Item
Subject: Discussion - Public Comment - Millage Rate, Final Budget FY '25
Purpose of Item:
To allow discussion and public comment on the Final FY 2024-25 Millage Rate, Final
Budget, and all other Budget items on the agenda.
Background of Item:
The FY 2024-25 Proposed Operating and Capital Budgets were provided to the Elected
Officials, posted on the City's website, and filed with the Office of the City Clerk on
August 19, 2024. On September 7th, 2024, both the Tentative General Operating
Millage rate of 7.1364 and the Operating Budget were approved. The Final General
Operating Millage rate of 7.1364 for the City of Miami for the Fiscal Year beginning
October 1, 2024, and ending September 30, 2025, is 10.73 percent greater than the
State Defined Rolled -Back Rate of 6.4447 mills.
Budget Impact Analysis
Item is Related to Revenue
Item is an Expenditure
Total Fiscal Impact:
Total Fiscal Impact: $ 1,788,381,000
General Account No: Various
Special Revenue Account No: Various
Office of Management and Budget
City Manager's Office
City Manager's Office
City Manager's Office
City Commission
Reviewed B
Marie Gouin
Larry M. Spring
Natasha Colebrook -Williams
Arthur Noriega V
Maricarmen Lopez
Department Head Review
Assistant City Manager Review
Deputy City Manager Review
City Manager Review
Meeting
Completed
Completed
Completed
Completed
Completed
09/09/2024 4:32 PM
09/09/2024 4:33 PM
09/10/2024 12:40 PM
09/11/2024 1:56 PM
09/26/2024 5:05 PM