HomeMy WebLinkAboutLegislation SRFile Number: 15-01046
City of Miami
Legislation
Ordinance
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Bate: 9/10/2015
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 FINAL 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 ("City"), 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 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 territories have been included in the corporate limits for the
City 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 adopted by
reference and incorporated herein as fully set forth in this Section.
Section 2. For the purpose of this Ordinance, the City is defined to be, includes and designates the
City 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 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 tax of 7.6465 for every one thousand dollars of assessed property for the General Operating
Budget.
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 final City of Miami Fiscal Year 2015-16 Operating Millage Rate is 7.6465 which is
15.19 percent above the state -defined rolled -back rate of 6.6379.
City of Miami Page I of 2 File Id: 15-01046 ([version: 2) Printed On: 911512015
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 CORREC TNESS:
[ 1
VICTORIA MEN EZ
CITY ATTORNEY
Footnotes:
{1} This Ordinance shall become effective as specified herein unless vetoed by the Mayor within ten
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 Mia nii Page 2 of 2 File Id: 15-01046 (11ersion: 2) Printed On: 911512015