HomeMy WebLinkAboutDDA Budget DiscussionPUBLIC HEARING ITEM
DISCUSSION OF PROPOSED MILLAGE RATE AND FINAL BUDGET FOR THE MIAMI
DOWNTOWN DEVELOPMENT AUTHORITY
INCREASE IN MILLAGE OVER ROLLED BACK RATE
10.04% (0.4681 IS THE PROPOSED RATE, 0.4254 IS THE ROLLBACK RATE)
LISTENS AND RESPONDS TO CITIZENS COMMENTS REGARDING THE PROPOSED MILLAGE
AND EXPLAINS THE REASONS FOR THE INCREASE OVER THE ROLL BACK RATE.
ACTIONS BY THE CITY COMMISSION:
1. AMEND THE BUDGET, IF NECESSARY
2. RECOMPUTE THE PROPOSED MILLAGE RATE, IF NECESSARY
3. ADOPT THE FINAL MILLAGE RATE
4. ADOPT THE AMENDED FINAL BUDGET
Received and approved
'1
Alyce. Robertson
Exec ive Director