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AGENDA ITEM SUMMARY FORM
F€ File ID: #2432
Date: 06/19/2017 Requesting Department: Office of
Management and Budget
Commission Meeting Date: 07/27/2017 District Impacted: All
Type: Resolution
Subject: Proposed Millage Rate - FY'17 -'18
Purpose of Item:
To establish millage rate caps for the fiscal year ending September 30, 2018 at:
General Operating 7.4365
Debt Service 0.5935
Total Millage Rate 8.0300
And to set the Budget Hearing dates as follows:
First Budget Hearing- September 14, 2017 at 5:05 pm
Second Budget Hearing- September 28, 2017 at 5:05 pm
Background of Item:
The City of Miami FY 2017-18 Proposed Operating Budget, as presented on 07-07-2017,
contains the following recommended millage rate:
General Operating 7.4365
Debt Service 0.5935
Total Millage Rate 8.0300
A five- year history of millage rates shows a steady overall decline:
FY 2013-14 FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18
Proposed
General Operating
7.6148
7.6465
7.6465
7.6465
7.4365
Debt Service
0.8162
0.7385
0.6886
0.6435
0.5935
Total Millage Rate
8.4310
8.3850
8.3351
8.2900
8.0300
For the City Commission's reference, every tenth mill will generate approximately $4.3 million
for the City of Miami General Fund in the next fiscal year.
Florida Statute Section 200.065 governs the setting the millage rates, adoption of budget, and
the timeframes required of each. It requires that the City of Miami advise the Property Appraiser
of its proposed millage within 35 days of the July 1 st certification of value so that the information
can be included in the notice of proposed property taxes mailed to property owners in August.
The same statute governs the timeframes for the first and second budget hearings. The first
hearing must be held between 65 and 80 days of the same July 1 certification of value, which is
no earlier than September 4 and no later than September 19. The City must then hold a second
budget hearing with enough time to provide the final budget and millage rates to the property
appraiser, tax collector, and State of Florida Department of Revenue by October 1.
The City of Miami proposes to set the first budget hearing for September 14, 2017 and the
second budget hearing on September 28, 2017. Miami- Dade County is scheduled to present
their budget hearings on September 5, 2017 and September 19, 2017. The School Board
Budget Meeting is scheduled for September 6, 2017.
Effectively, the tentative millage adopted represents the upper limit for the millage rates to be
considered in September. The Commission may lower the general operating millage rate at
either of the two budget hearings, but effectively cannot raise it above what is adopted in July.
State law allows for this possibility, but it cannot be practically achieved within the timeframes
provided in state law. According to the Property Appraiser's Office, this re -noticing of millage
rates has not been accomplished even once in the history of the State of Florida.
Budget Impact Analysis
Item is Related to Revenue
Item is NOT funded by Homeland Defense/Neighborhood Improvement Bonds
Total Fiscal Impact:
N/A
Reviewed By
Office of Management and Budget
Christopher M Rose
Department Head Review
Completed
06/19/2017 12:02 PM
Office of Management and Budget
Everton Garvis
Budget Analyst Review
Completed
06/22/2017 10:39 AM
City Manager's Office
Fernando Casamayor
Assistant City Manager Review
Completed
07/07/2017 10:50 AM
City Manager's Office
Daniel J. Alfonso
City Manager Review
Completed
07/17/2017 2:38 PM
Legislative Division
Marta Gomez
Legislative Division Review
Completed
07/18/2017 2:58 PM
Office of the City Attorney
Barnaby L. Min
Deputy City Attorney Review
Completed
07/18/2017 3:11 PM
Office of the City Attorney
Victoria Mendez
Approved Form and Correctness
Completed
07/18/2017 7:17 PM
City Commission
Nicole Ewan
Meeting
Completed
07/27/2017 9:00 AM
Office of the Mayor
Mayor's Office
Signed by the Mayor
Completed
08/04/2017 5:12 PM
Office of the City Clerk
City Clerk's Office
Signed and Attested by the City Clerk
Completed
08/04/2017 5:58 PM
4 r i
City of Miami
City Hall
3500 Pan American Drive
Legislation Miami, FL 33133
b '
Resolution www.miamigov.com
Enactment Number: R-17-0383
File Number: 2432 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.
Section 4. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
1
Un ndez, City Attor iey 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.