HomeMy WebLinkAboutBack-Up DocumentsSECOND AND FINAL BUDGET PUBLIC HEARING ITEM
DISCUSSION OF FINAL MILLAGE RATE AND FINAL BUDGET FOR THE DOWNTOWN
DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI (MIAMI DDA).
PERCENTAGE DECREASE IN MILLAGE RATE OVER ROLLED BACK RATE;
RESPONSE: 3.77%o DECREASE (0.3900 MILLS IS THE TENTATIVE MILLAGE RATE, 0.4053
MILLS IS THE ROLLBACK RATE).
CITY COMMISSION LISTENS AND RESPONDS TO CITIZENS COMMENTS REGARDING THE
FINAL MILLAGE RATE AND EXPLAINS THE REASONS FOR THE INCREASE OVER THE
ROLL BACK RATE.
ACTIONS BY THE CITY COMMISSION:
1. AMEND THE FINAL BUDGET, IF NECESSARY
2. RECOMPUTE THE FINAL MILLAGE RATE, IF NECESSARY
3. ADOPT THE FINAL MILLAGE RATE
4. ADOPT THE AMENDED FINAL BUDGET
5. CITY COMMISSION ADOPTS AS IS
Received and approved,
CHRISTINA CRESPI
CEO/EXECUTIVE DIRECTOR
DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI (MIAMI DDA)