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Home My WebLink AboutBack-Up DocumentsNOTICE OF PROPOSED TAX The Downtown Development Authority of the City of Miami, Florida has tentatively adopted a measure to present its property tax levy. Last year's property tax levy: A. Initially proposed tax levy 13,545,420 B. Less tax reductions due to Value 894,922 Adjustment Board and other assessment changes C. Actual property tax levy 12,650,498 This year's proposed tax levy 12,811,862 All concerned citizens are invited to attend a public hearing on the tax to be held on: September 25th, 2025 5:05 P.M. City Commission Chambers at City Hall 3500 Pan American Drive, Dinner Key Miami, Florida, 33133 A FINAL DECISION on the proposed tax and the budget will be made at this hearing. RESOLUTION NO. 34/2025 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA AUTHORIZING THE CEO/EXECUTIVE DIRECTOR TO ESTABLISH A PROPOSED MILLAGE RATE FOR THE DOWNTOWN DEVELOPMENT DISTRICT OF THE CITY OF MIAMI, FLORIDA FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025 AND ENDING SEPTEMBER 30, 2026 AT 0.3900 MILLS. WHEREAS, Section 200.065(2)(a)1, Florida Statutes (2017) ("Statute"), requires each taxing authority to establish a proposed millage rate; and WHEREAS, the Statute stipulates that the proposed millage rate be submitted to the Miami -Dade County Property Appraiser and the Tax Collector; and WHEREAS, the proposed millage rate reflects the levy necessary to realize property tax revenues anticipated in the Fiscal Year 2025-2026 Budget for the Downtown Development Authority of the City of Miami ("Miami DDA"); and WHEREAS, the Statute requires that the proposed tax rate be included on tax notices; and WHEREAS, the proposed millage rate submitted to the Property Appraiser is not binding but necessary for the purpose of preparation of tax notices; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals are true and correct and are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The Miami DDA's Board of Directors hereby authorizes the CEO/Executive Director to establish a proposed millage rate for the Downtown Development District of the City of Miami, Florida ("District") for the Fiscal Year beginning October 1, 2025 and ending September 30, 2026 at 0.3900 mills. Section 3. The CEO/Executive Director of the Miami DDA is instructed to submit said proposed millage rate for the Downtown Development District of the City of Miami, Florida to the Miami - Dade County Property Appraiser and Tax Collector. Section 4. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 20th day of June, 2025. Christina Crespi, CEO/Executive Dire or ATTEST: Elvira Manon Executive Secretary to the Board of Directors MIAMIDDA DOWNTOWN DEVELOPMENT AUTHORITY Miami Downtown Development Authority 201 S. Biscayne Boulevard - Suite 2600 Miami, Florida 33131 INTER -OFFICE MEMORANDUM To: Board of Directors DDA Staff From: Christina Crespi, CEO/Executive Director Date: May 15, 2025 Re: Delegation of Authority As of May 15, 2025, I am delegating Ivonne Berrios-Colona, COO/CFO, with the authority to sign all necessary DDA documents on my behalf for official DDA operations and services until my return. Christina Crespi, Miami DDA CEO/Executive Director City of Miami Certified Copy City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 17721 Enactment Number: R-25-0271 A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED MILLAGE RATE FOR THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA") FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025, AND ENDING SEPTEMBER 30, 2026; AUTHORIZING THE CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR OF THE MIAMI DDA TO SUBMIT SAID PROPOSED MILLAGE RATE OF 0.3900 MILLS AND STATUTORILY DEFINED ROLLED -BACK RATE OF 0.4053 TO THE MIAMI-DADE COUNTY PROPERTY APPRAISER AND TAX COLLECTOR TOGETHER WITH THE DATES, TIMES, LOCATIONS, OR VIRTUAL MEETINGS FORMAT 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 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 Tess 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; City of Miami Page 1 of 2 R-25-0271 File Number: 17721 Enactment Number: R-25-0271 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 herein as if fully set forth in this Section. Section 2. The MIAMI DDA's rolled back rate is 0.4053 mills. Section 3. The proposed millage rate for the MIAMI DDA for the Fiscal Year beginning October 1, 2025, and ending September 30, 2026, is 0.3900 mills, which is 3.77% less than the rolled back rate. Section 4. The Chief Executive Officer/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 tentative budget, tentative millage, final millage, and final budget for the MIAMI DDA for said fiscal year as follows: First Public Budget Hearing on Saturday, September 13, 2025, at 10:00 A.M. in the City Commission Chambers at City Hall located at 3500 Pan American Drive, Miami, Florida, or at such other time, date, location, as otherwise allowed by Florida laws. Second Public Budget Hearing on Thursday, September 25, 2025, at 5:05 P.M. in the City Commission Chambers at City Hall, 3500 Pan American Drive, Dinner Key, 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 DATE: 7/24/2025 RESULT: ADOPTED MOVER: Ralph "Rafael" Rosado, Commissioner SECONDER: Damian Pardo, Commissioner AYES: Christine King, Joe Carollo, Miguel Angel Gabela, Damian Pardo, Ralph "Rafael" Rosado DATE: 7/28/2025 ACTION: Signed by the Mayor I, Todd B. Hannon, City Clerk of the City of Miami, Florida, and keeper of the records thereof, do hereby certify that this constitutes a true and correct copy of Resolution No. R- 25 - 71, passed by the City Commission on 7/24/2025. City Ierk, Deputy City Clerk (for annon, City Clerk) July 28, 2025 Date Certified 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 R-25-0271 City of Miami Master Report Enactment Number: R-25-0271 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 17721 File Type: Resolution Status: ADOPTED Revision: Controlling Body: City Commission File Name: Authorize - Miami DDA - FY' 25-26 Proposed Introduced: 6/3/2025 Millege Requesting Dept: Downtown Development Authority Final Action Date: 7/24/2025 Title: A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED MILLAGE RATE FOR THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("MIAMI DDA") FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025, AND ENDING SEPTEMBER 30, 2026; AUTHORIZING THE CHIEF EXECUTIVE OFFICER/EXECUTIVE DIRECTOR OF THE MIAMI DDA TO SUBMIT SAID PROPOSED MILLAGE RATE OF 0.3900 MILLS AND STATUTORILY DEFINED ROLLED -BACK RATE OF 0.4053 TO THE MIAMI-DADE COUNTY PROPERTY APPRAISER AND TAX COLLECTOR TOGETHER WITH THE DATES, TIMES, LOCATIONS, OR VIRTUAL MEETINGS FORMAT 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. Notes: Links: Attachments: 17721 Back -Up Documents 17721 Back -Up from Law Dept (PDF) History of Legislative File: (PDF) Revision: Acting Body: Date: Action: Result: Christina Crespi Pedro Lacret Marie Gouin Larry M. Spring Natasha Colebrook -Williams Legislative Division Arthur Noriega V Xavier Alban George K. Wysong III City Commission City Commission Mayor's Office City Clerk's Office 6/18/2025 6/20/2025 6/20/2025 7/14/2025 7/14/2025 7/14/2025 7/14/2025 7/15/2025 7/15/2025 7/24/2025 7/24/2025 7/28/2025 7/28/2025 City Clerk's Office 7/28/2025 Department Head Review Budget Analyst Review Budget Review Assistant City Manager Review Deputy City Manager Review Legislative Division Review City Manager Review ACA Review Approved Form and Correctness Meeting ADOPTED Signed by the Mayor Signed and Attested by the City Clerk Rendered Completed Completed Completed Completed Completed Completed Completed Completed Completed Completed Passed Completed Completed Completed City of Miami Page 1 of 1 Printed on: 7/28/2025 CERTIFICATION OF TAXABLE VALUE FLORIDA DR-420 R. 5/12 Rule 12D-16.002 Florida Administrative Code Effective 11/12 Year: 2025 County: Miami -Dade Principal Authority : Miami Downtown Development Authority Taxing Authority : Miami Downtown Development Authroity - Operating SECTION I : COMPLETED BY PROPERTY APPRAISER 1. Current year taxable value of real property for operating purposes $ 31,476,638,090 (1) 2. Current year taxable value of personal property for operating purposes $ 1,373,381,593 (2) 3. Current year taxable value of centrally assessed property for operating purposes $ 907,691 (3) 4. Current year gross taxable value for operating purposes (Line 1 plus Line 2 plus Line 3) $ 32,850,927,374 (4) 5. Current year net new taxable value (Add new construction, additions, rehabilitative improvements increasing assessed value by at least 100%, annexations, and tangible personal property value over 115% of the previous year's value. Subtract deletions.) $ 1,640,054,271 (5) 6. Current year adjusted taxable value (Line 4 minus Line 5) $ 31,210,873,103 (6) 7. Prior year FINAL gross taxable value from prior year applicable Form DR-403 series $ 29,337,889,730 (7) 8' Does the taxing authority include tax increment financing areas? If yes, enter number of worksheets (DR-420TIF) attached. If none, enter 0 YES Number 0 (8) �/ NO 9. Does the taxing authority levy a voted debt service millage or a millage voted for 2 years or less under s. 9(b), Article VII, State Constitution? If yes, enter the number of DR-420DEBT, Certification of Voted Debt Millage forms attached. If none, enter 0 ❑ YES Number 0 (9) .,/ NO SIGN HERE Property Appraiser Certification 1 certify the taxable values above are correct to the best of my knowledge. Signature of Property Appraiser: Electronically Certified by Property Appraiser Date : 7/1/2025 3:06:55 PM SECTION II : COMPLETED BY TAXING AUTHORITY If this portion of the form is not completed in FULL your taxing authority will be denied TRIM certification and possibly lose its millage levy privilege for the tax year. If any line is not applicable, enter -0-. 10. Prior year operating millage levy (If prior year millage was adjusted then use adjusted millage from Form DR-422) 0.4312 per $1,000 (10) 11. Prior year ad valorem proceeds (Line 7 multiplied by Line 10, divided by 1,000) $ 12,650,498 (11) 12. Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a dedicated increment value (Sum of either Lines 6corLine 7afor all DR-420TIFforms) $ -0- (12) 13. Adjusted prior year ad valorem proceeds (Line 11 minus Line 12) $ 12,650,498 (13) 14. Dedicated increment value, if any (Sum of either Line 6borLine 7efor all DR-420TIFforms) $ -0- (14) 15. Adjusted current year taxable value (Line 6 minus Line 14) $ 31,210,873,103 (15) 16. Current year rolled -back rate (Line 13 divided by Line 15, multiplied by 1,000) 0.4053 per $1000 (16) 17. Current year proposed operating millage rate 0.3900 per $1000 (17) 18 Total taxes to be levied at proposed millage rate (Line 17 multiplied byLine4, divided by 1,000) $ 12,811,862 (18) Continued on page 2 DR-420 R. 5/12 Page 2 19 TYPE of principal authority (check one) County ❑ Municipality �/ ❑ Independent Special District Water Management District (19) 20 Applicable taxing authority (check one) ,/ ❑ Principal Authority ❑ Dependent Special District MSTU ❑ Water Management District Basin (20) 21. Is millage levied in more than one county? (check one) Yes ,/ No (21) DEPENDENT SPECIAL DISTRICTS AND MSTUs STOP STOP HERE - SIGN AND SUBMIT 22.Enter the total adjusted prior year ad valorem proceeds of the principal authority, all dependent special districts, and MSTUs levying a millage. (The sum of Line 13 from all DR-420 forms) $ 12,650,498 (22) 23. Current year aggregate rolled -back rate (Line 22 divided by Line 15, multiplied by 1,000) 0.4053 per $1,000 (23) 24. Current year aggregate rolled -back taxes (Line 4 multiplied by Line 23, divided by 1,000) $ 13,314,481 (24) 25. Enter total of all operating ad valorem taxes proposed to be levied by the principal taxing authority, all dependent districts, and MSTUs, if any. (The sum of Line 18 from all DR-420 forms) 12,811,862 $ (25) 26.Current year proposed aggregate millage rate (Line 25 divided by Line multiplied by 1,000) 0.3900 per $1,000 (26) 27 Current year proposed rate as a percent change of rolled -back rate (Line 26 divided by Line 23, minus 1, multiplied by 100) 3 77 % (27) First public budget hearing Date : 9/13/2025 Time : 10:00 AM EST Place : Miami City Hall 3500 Pan American Dr Miami 33133 305-579-6675 1 G N H E R E Taxing Authority Certification I certify the millages and rates are correct to the best of my knowledge. The millages comply with the provisions of s. 200.065 and the provisions of either s. 200.071 or s. 200.081, F.S. Signature of Chief Administrative Officer : Electronically Certified by Principal Taxing Authority Date : 7/28/2025 1:38:40 PM Title : Christina Crespi - CEO&ED Contact Name and Contact Title : Christina Crespi - CEO&ED Mailing Address : 201 South Biscayne Boulevard, Suite 2600 Physical Address : 201 South Biscayne Boulevard, Suite 2600 Miami Florida 33131 City, State, Zip : Miami Florida 33131 Phone Number : (305) 579-6675 Fax Number : Instructions on page 3 CERTIFICATION OF TAXABLE VALUE INSTRUCTIONS DR-420 R. 5/12 Page 3 "Principal Authority" is a county, municipality, or independent special district (including water management districts). "Taxing Authority" is the entity levying the millage. This includes the principal authority, any special district dependent to the principal authority, any county municipal service taxing unit (MSTU), and water management district basins. Each taxing authority must submit to their property appraiser a DR-420 and the following forms, as applicable: • DR-420TIF, Tax Increment Adjustment Worksheet • DR-420DEBT, Certification of Voted Debt Millage • DR-420MM-P, Maximum Millage Levy Calculation - Preliminary Disclosure Section I: Property Appraiser Section II: Taxing Authority Use this DR-420 form for all taxing authorities except school Complete Section II. Keep one copy, return the original and districts. Complete Section I, Lines 1 through 9, for each county, one copy to your property appraiser with the applicable municipality, independent special district, dependent special DR-420TIF, DR-420DEBT, and DR-420MM-P within 35 days district, MSTU, and multicounty taxing authority. Enter only of certification. Send one copy to the tax collector. "Dependent taxable values that apply to the taxing authority indicated. Use a special district" (ss. 200.001(8)(d) and 189.403(2), F.S.) separate form for the principal authority and each dependent means a special district that meets at least one of the district, MSTU and water management district basin. following criteria: Line 8 • The membership of its governing body is identical to that of the governing body of a single county or a single municipality. Complete a DR-420TIF for each taxing authority making payments to a redevelopment trust fund under Section 163.387 (2)(a), Florida Statutes or by an ordinance, resolution or • All members of its governing body are appointed by the agreement to fund a project or to finance essential infrastructure. governing body of a single county or a single municipality. Check "Yes" if the taxing authority makes payments to a redevelopment trust fund. Enter the number of DR-420TIF forms attached for the taxing authority on Line 8. Enter 0 if none. Line 9 Complete a DR-420DEBT for each taxing authority levying either a voted debt service millage (s.12, Article VII, State Constitution) or a levy voted for two years or less (s. 9(b), Article VII, State Constitution). Check "Yes" if the taxing authority levies either a voted debt service millage or a levy voted for 2 years or less (s. 9(b), Article VII, State Constitution). These levies do not include levies approved by a voter referendum not required by the State Constitution. Complete and attach DR-420DEBT. Do not complete a separate DR-420 for these levies. Send a copy to each taxing authority and keep a copy. When the taxing authority returns the DR-420 and the accompanying forms, immediately send the original to: Florida Department of Revenue Property Tax Oversight - TRIM Section P. O. Box 3000 Tallahassee, Florida 32315-3000 • During their unexpired terms, members of the special district's governing body are subject to removal at will by the governing body of a single county or a single municipality. • The district has a budget that requires approval through an affirmative vote or can be vetoed by the governing body of a single county or a single municipality. "Independent special district" (ss. 200.001(8)(e) and 189.403 (3), F.S.) means a special district that is not a dependent special district as defined above. A district that includes more than one county is an independent special district unless the district lies wholly within the boundaries of a single municipality. "Non -voted millage" is any millage not defined as a "voted millage" in s. 200.001(8)(f), F.S. Lines 12 and 14 Adjust the calculation of the rolled -back rate for tax increment values and payment amounts. See the instructions for DR-420TIF. On Lines 12 and 14, carry forward values from the DR-420TIF forms. Line 24 Include only those levies derived from millage rates. All TRIM forms for taxing authorities are available on our website at http://floridarevenue.com/property/Pages/TRIM.aspx MAXIMUM MILLAGE LEVY CALCULATION PRELIMINARY DISCLOSURE For municipal governments, counties, and special districts DR-420MM-P R. 5/12 Rule 12D-16.002 Florida Administrative Code Effective 11/12 Year: 2025 County: Miami -Dade Principal Authority : Miami Downtown Development Authority Taxing Authority : Miami Downtown Development Authroity - Operating 1 Is your taxing authority a municipality or independent special district that has levied ad valorem taxes for less than 5 years? (1) Yes j NO IF YES, STD p STOP HERE. SIGN AND SUBMIT. You are not subject to a millage limitation. 2. Current year rolled -back rate from Current Year Form DR-420, Line 16 0.4053 per $1,000 (2) 3. Prior year maximum millage rate with a majority vote from 2024 Form DR-420MM, Line 13 0.4505 per $1,000 (3) 4. Prior year operating millage rate from Current Year Form DR-420, Line 10 0.4312 per $1,000 (4) If Line 4 is equal to or greater than Line 3, skip to Line 11. If less, continue to Line 5. Adjust rolled -back rate based on prior year majority -vote maximum millage rate 5. Prior year final gross taxable value from Current Year Form DR-420, Line 7 $ 29,337,889,730 (5) 6. Prior year maximum ad valorem proceeds with majority vote (Line 3 multiplied by Line 5 divided by 1,000) $ 13,216,719 (6) 7 Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a dedicated increment value from Current Year Form DR-420 Line 12 $ 0 (7) 8. Adjusted prior year ad valorem proceeds with majority vote (Line 6 minus Line 7) $ 13,216,719 (8) 9. Adjusted current year taxable value from Current Year form DR-420 Line 15 $ 31,210,873,103 (9) 10. Adjusted current year rolled -back rate (Line 8 divided byline 9, multiplied by 1,000) 0.4235 per $1,000 (10) Calculate maximum millage levy 11. Rolled -back rate to be used for maximum millage levy calculation (Enter Line 10 if adjusted or else enter Line 2) 0.4235 per $1,000 (11) 12. Adjustment for change in per capita Florida personal income (See Line 12 Instructions) 1.0451 (12) 13. Majority vote maximum millage rate allowed (Line 11 multiplied by Line 12) 0.4426 per $1,000 (13) 14. Two-thirds vote maximum millage rate allowed (Multiply Line 13 by 1.10) 0.4869 per $1,000 (14) 15. Current year proposed millage rate 0.3900 per $1,000 (15) 16. Minimum vote required to levy proposed millage: (Check one) (16) a. Majority vote of the governing body: Check here if Line 15 is less than or equal to Line 13. The maximum millage rate is equal to the majority vote maximum rate. Enter Line 13 on Line 17. ✓ Two-thirds vote of governing body: Check here if Line 15 is less than or equal to Line 14, but greater than Line 13. The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17. ❑b. c. Unanimous vote of the governing body, or 3/4 vote if nine members or more: Check here if Line 15 is greater than Line 14. The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17. d. Referendum: The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17. 17.The selection on Line 16 allows a maximum millage rate of (Enter rate indicated by choice on Line 16). 0.4426 per $1,000 (17) 18. Current year gross taxable value from Current Year Form DR-420, Line 4 $ 32,850,927,374 (18) Continued on page 2 Taxing Authority : Miami Downtown Development Authroity - Operating DR 420MM P R. 5/12 Page 2 19. Current year proposed taxes (Line 15multiplied by Line 18, divided by 1,000). $ 12,811,862 (19) 20.Total taxes levied at the maximum millage rate (Line 17multiplied by Line 18, divided by 1,000). $ 14,539,820 (20) DEPENDENT SPECIAL DISTRICTS AND MSTUs STOP STOP HERE. SIGN AND SUBMIT. 21. Enter the current year proposed taxes of all dependent special districts & MSTUs levying a millage . (The sum of all Lines 19 from each district's Form DR-420MM-P) $ 0 (21) 22. Total current year proposed taxes (Line 19 plus Line 21). $ 12,811,862 (22) Total Maximum Taxes 23 Enter the taxes at the maximum millage of all dependent special districts & MSTUs levying a millage (The sum of all Lines 20 from each district's Form DR-420MM-P). $ 0 (23) 24. Total taxes at maximum millage rate (Line 20 plus Line 23). $ 14,539,820 (24) Total Maximum Versus Total Taxes Levied 25 Are total current year proposed taxes on Line 22 equal to or less than total taxes at the maximum millage rate on Line 24? (Check one) ✓ YES NO (25) S I G N H E R E Taxing Authority Certification I certify the millages and rates are correct to the best of my knowledge. The millages comply with the provisions of s. 200.065 and the provisions of either s. 200.071 or s. 200.081, F.S. Signature of Chief Administrative Officer : Electronically Certified by Principal Taxing Authority Date : 7/28/2025 1:38:40 PM Title : Christina Crespi - CEO&ED Contact Name and Contact Title : Christina Crespi - CEO&ED Mailing Address : 201 South Biscayne Boulevard, Suite 2600 Physical Address : 201 South Biscayne Boulevard, Suite 2600 Miami Florida 33131 City, State, Zip : Miami Florida 33131 Phone Number : (305) 579-6675 Fax Number : Complete and submit this form to the Department of Revenue with the completed DR-487, Certification of Compliance, within 30 days of the final hearing. Instructions on page 3 MAXIMUM MILLAGE LEVY CALCULATION PRELIMINARY DISCLOSURE INSTRUCTIONS General Instructions Each of the following taxing authorities must complete a DR-420MM-P. • County • Municipality • Special district dependent to a county or municipality • County MSTU • Independent special district, including water management districts • Water management district basin Voting requirements for millages adopted by a two-thirds or a unanimous vote are based on the full membership of the governing body, not on the number of members present at the time of the vote. This form calculates the maximum tax levy for 2025 allowed under s. 200.065(5), F.S. Counties and municipalities, including dependent special districts and MSTUs, which adopt a tax levy at the final hearing higher than allowed under s. 200.065, F.S., may be subject to the loss of their half -cent sales tax distribution. DR-420MM-P shows the preliminary maximum millages and taxes levied based on your proposed adoption vote. Each taxing authority must complete, sign, and submit this form to their property appraiser with their completed DR-420, Certification of Taxable Value. The vote at the final hearing and the resulting maximum may change. After the final hearing, each taxing authority will file a final Form DR-420MM, Maximum Millage Levy Calculation Final Disclosure, with Form DR-487, Certification of Compliance, with the Department of Revenue. Specific tax year references in this form are updated each year by the Department. Line Instructions DR-420MM-P R.5/12 Page 3 Lines 5-10 Only taxing authorities that levied a 2024 millage rate less than their maximum majority vote rate must complete these lines. The adjusted rolled -back rate on Line 10 is the rate that would have been levied if the maximum vote rate for 2024 had been adopted. If these lines are completed, enter the adjusted rate on Line 11. Line 12 This line is entered by the Department of Revenue. The same adjustment factor is used statewide by all taxing authorities. It is based on the change in per capita Florida personal income (s. 200.001(8)(i), F.S.), which Florida Law requires the Office of Economic and Demographic Research to report each year. Lines 13 and 14 Millage rates are the maximum that could be levied with a majority or two-thirds vote of the full membership of the governing body. With a unanimous vote of the full membership (three -fourths vote of the full membership if the governing body has nine or more members) or a referendum, the maximum millage rate that can be levied is the taxing authority's statutory or constitutional cap. Line 16 Check the box for the minimum vote necessary at the final hearing to levy your adopted millage rate. Line 17 Enter the millage rate indicated by the box checked in Line 16. If the proposed millage rate is equal to or less than the majority vote maximum millage rate, enter the majority vote maximum. If a two-thirds vote, a unanimous vote, or a referendum is required, enter the proposed millage rate. For a millage requiring more than a majority vote, the proposed millage rate must be entered on Line 17, rather than the maximum rate, so that the comparisons on Lines 21 through 25 are accurate. All TRIM forms for taxing authorities are available on our website at http://floridarevenue.com/property/Pages/Forms.aspx