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Final Action Date:
AN ORDINANCE OF THE MIAMI CITY COMMISSION DEFINING AND
DESIGNATING THE TERRITORIAL LIMITS FOR THE CITY OF MIAMI FOR THE
PURPOSE OF TAXATION; ADOPTING THE TENTATIVE MILLAGE AND LEVYING
AD VALOREM TAXES IN THE CITY OF MIAMI, FLORIDA, FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016;
CONTAINING A SEVERABILITY CLAUSE, AND PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS, the Miami -Dade County Property Appraiser estimates that the non-exempt valuation of
taxable property, both real and personal in the City of Miami, Florida, for the fiscal year beginning
October 1, 2015 and ending September 30, 2016, is $39,903,058,628; and
WHEREAS, at an election held September 2, 1915, the City of Miami did annex certain territory
unincorporated at the time of such election and did annex certain other territory incorporated at the
time of such election; and
WHEREAS, from time to time other territory has been included in the corporate limits for the City of
Miami by legislative acts;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Ordinance are hereby
adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. For the purpose of this Ordinance, the "City of Miami" is defined to be, includes and
designates the City of Miami as it now exists with its extended territorial limits, as set forth in the
paragraphs prefatory hereto.
Section 3. There shall be and hereby are levied upon the non-exempt assessed value of all
property, both real and personal, in the City of Miami as described in Section 2 hereof, taxes at the
rate reflected below for the fiscal year beginning October 1, 2015 and ending September 30, 2016, for
the following purposes:
(a) A tax of 7.6465 for every one thousand dollars of assessed property for the General Operating
Budget.
(b) A tax of 0.6886 for every one thousand dollars to provide for the payment of maturing principal
and interest, and charges and requirements related thereto of voter approved indebtedness.
Section 4. The proposed City of Miami FY 2015-16 Operating millage rate is 7.6465 which is 15.19
percent above the state -defined rolled -bask rate of 6.6379.
City of117iaini Page 1 of 2 File Id. 15-01046 (Version: 1) Printed On: 812812015
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City ®f Miami
City Hall
3500 Pan American
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Legislation �
Miami FL 33133
www.miamigov.com
Ordinance
File Number: 15-01046
Final Action Date:
AN ORDINANCE OF THE MIAMI CITY COMMISSION DEFINING AND
DESIGNATING THE TERRITORIAL LIMITS FOR THE CITY OF MIAMI FOR THE
PURPOSE OF TAXATION; ADOPTING THE TENTATIVE MILLAGE AND LEVYING
AD VALOREM TAXES IN THE CITY OF MIAMI, FLORIDA, FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016;
CONTAINING A SEVERABILITY CLAUSE, AND PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS, the Miami -Dade County Property Appraiser estimates that the non-exempt valuation of
taxable property, both real and personal in the City of Miami, Florida, for the fiscal year beginning
October 1, 2015 and ending September 30, 2016, is $39,903,058,628; and
WHEREAS, at an election held September 2, 1915, the City of Miami did annex certain territory
unincorporated at the time of such election and did annex certain other territory incorporated at the
time of such election; and
WHEREAS, from time to time other territory has been included in the corporate limits for the City of
Miami by legislative acts;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Ordinance are hereby
adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. For the purpose of this Ordinance, the "City of Miami" is defined to be, includes and
designates the City of Miami as it now exists with its extended territorial limits, as set forth in the
paragraphs prefatory hereto.
Section 3. There shall be and hereby are levied upon the non-exempt assessed value of all
property, both real and personal, in the City of Miami as described in Section 2 hereof, taxes at the
rate reflected below for the fiscal year beginning October 1, 2015 and ending September 30, 2016, for
the following purposes:
(a) A tax of 7.6465 for every one thousand dollars of assessed property for the General Operating
Budget.
(b) A tax of 0.6886 for every one thousand dollars to provide for the payment of maturing principal
and interest, and charges and requirements related thereto of voter approved indebtedness.
Section 4. The proposed City of Miami FY 2015-16 Operating millage rate is 7.6465 which is 15.19
percent above the state -defined rolled -bask rate of 6.6379.
City of117iaini Page 1 of 2 File Id. 15-01046 (Version: 1) Printed On: 812812015
File Number.• 15-01046
Section 5. The total of all ad valorem taxes proposed by the City Commission to be levied is more
than the current year aggregate rolled back taxes by $40,246,225.
Section 6. if any section, part of this section, paragraph, clause, phrase or word of this
Ordinance is declared invalid, the remaining provisions of this Ordinance shall not be affected.
Section 7. This Ordinance shall take effect October 1, 2015 after final reading and adoption
thereof.{1}
APPROVED AS TO FORM AND CORRECTNESS:
VICTORIA MENDEZ
CITY ATTORNEY
Footnotes:
{1} This Ordinance shall become effective as specified herein unless vetoed by the Mayor within
ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this
Ordinance, it shall become effective immediately upon override of the veto by the City Commission
or upon the effective date stated herein, whichever is later.
City of Miami Page 2 of 2 File Id: 15-01046 Olersiorr: 1) Printed On: 8/28/2015