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HomeMy WebLinkAboutR-17-0383opCity of Miami 1 i.RR cl Legislation alldl 1 l + Resolution R-17-0383 File Number: 2432 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 7/27/2017 A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED MILLAGE RATE FOR THE CITY OF MIAMI, FLORIDA ("CITY") FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30,2018; DIRECTING THE CITY MANAGER TO SUBMIT SAID PROPOSED MILLAGE RATE TO THE MIAMI-DADE COUNTY PROPERTY APPRAISER AND THE MIAMI-DADE COUNTY TAX COLLECTOR TOGETHER WITH THE DATES, TIMES, AND PLACE OF THE PUBLIC HEARINGS AT WHICH THE CITY COMMISSION WILL CONSIDER THE PROPOSED MILLAGE RATE AND THE CITY'S TENTATIVE BUDGET FOR SAID FISCAL YEAR. WHEREAS, Section 200.065, Florida Statutes (2016) ("Statute"), sets forth requirements for the "Truth in Millage" ("TRIM") notice and requires each taxing authority to establish a proposed millage rate; and WHEREAS, the Statute stipulates that said proposed millage 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 City of Miami's ("City") tentative budget other than the portion of the budget to be funded from sources other than ad valorem taxes; and WHEREAS, the proposed millage rate submitted to the Property Appraiser and the Tax Collector is not binding but is necessary for preparation of tax notices; 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 as if fully set forth in this Section. Section 2. A proposed millage rate for the City for the Fiscal Year beginning October 1, 2017 and ending September 30, 2018 is hereby computed as follows: General Operating 7.4365 Debt Service 0.5935 Total Millage Rate 8.0300 Section 3. The City Manager is hereby directed to submit forthwith said proposed millage rate for the City to the Property Appraiser and to the Tax Collector together with the dates, times, and place at which the City Commission will hold public hearings to consider the proposed millage rate and the City's tentative budget for said fiscal year as follows: September 14, 2017 at 5:05 P.M. and September 28, 2017 at 5:05 P.M. in the City Commission Chambers at City Hall, 3500 Pan American Drive, Dinner Key, Miami, Florida. City of Miami Page 1 of 2 File ID: 2432 (Revision:) Printed On: 11/22/2017 File ID: 2432 Enactment Number: R-17-0383 Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: ria ndez, ity ttor ey 7/18/2017 ' 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 File ID: 2432 (Revision:) Printed on: 11/22/2017