HomeMy WebLinkAboutAgenda Item Summary FormDate: 06/22/2018
AGENDA ITEM SUMMARY FORM
File ID: #4333
Commission Meeting Date: 07/26/2018
Type: Resolution
Subject: Setting Millage Cap - FY 2018-19
Purpose of Item:
Requesting Department: Office of
Management and Budget
Sponsored By:
District Impacted: All
To establish millage rate caps for the fiscal year ending September 30, 2019 at:
General Operating 7.5865
Debt Service 0.4435
Total Millage Rate 8.0300
And to set the Budget Hearing dates as follows:
First Budget Hearing- September 13, 2018 at 5:05 pm
Second Budget Hearing- September 27, 2018 at 5:05 pm
Background of Item:
The City of Miami FY 2018-19 Proposed Operating Budget, as presented on July 9,
2018, contains the following recommended millage rate:
General Operating 7.5865
Debt Service 0.4435
Total Millage Rate 8.0300
A five- year history of millage rates shows a steady overall decline:
FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY
2018-19
Proposed
General Operating 7.6465 7.6465 7.6465
7.4365 7.5865
Debt Service 0.7385 0.6886 0.6435
0.5935 0.4435
Total Millage Rate 8.3850 8.3351 8.2900
8.0300 8.0300
For the City Commission's reference, every tenth mill will generate approximately $4.6
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 1st 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 13, 2018 and
the second budget hearing on September 27, 2018. Miami- Dade County is scheduled
to present their budget hearings on September 6, 2018 and September 20, 2018. The
School Board Budget Meeting is scheduled for September 5, 2018.
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 Bonds
Total Fiscal Impact:
Debt: $22.483 million Operating: $355.210 million
Reviewed By
Office of Management and Budget Everton Garvis
Office of Management and Budget Christopher M Rose
City Manager's Office
Sandra Bridgeman
City Manager's Office
Nikolas Pascual
Legislative Division
Valentin J Alvarez
Office of the City Attorney
Xavier Alban
Office of the City Attorney
Barnaby L. Min
Office of the City Attorney
Victoria Mendez
City Commission
Maricarmen Lopez
Office of the Mayor
Mayor's Office
Office of the City Clerk
City Clerk's Office
Office of the City Clerk
City Clerk's Office
Budget Analyst Review
Completed
06/28/2018 5:40 PM
Department Head Review
Completed
06/30/2018 12:48 PM
Assistant City Manager Review
Completed
07/09/2018 4:27 PM
City Manager Review
Completed
07/09/2018 4:34 PM
Legislative Division Review
Completed
07/10/2018 10:52 AM
ACA Review
Completed
07/10/2018 11:24 AM
Deputy City Attorney Review
Completed
07/10/2018 11:28 AM
Approved Form and Correctness
Completed
07/10/2018 5:54 PM
Meeting
Completed
07/26/2018 9:00 AM
Signed by the Mayor
Completed
08/06/2018 4:00 PM
Signed and Attested by the City Clerk
Completed
08/06/2018 4:49 PM
Rendered
Completed
08/06/2018 4:49 PM
File Number: 4333
City of Miami
Legislation
Resolution
Enactment Number: R-18-0333
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Final Action Date:7/26/2018
A RESOLUTION OF THE MIAMI CITY COMMISSION COMPUTING A PROPOSED
MILLAGE RATE FOR THE CITY OF MIAMI ("CITY") FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2018 AND ENDING SEPTEMBER 30, 2019; 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 ("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,
2018 and ending September 30, 2019 is hereby computed as follows:
General Operating 7.5865
Debt Service 0.4435
Total Millage Rate 8.0300
Section 3. The City Manager is hereby directed to submit 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 13, 2018, at 5:05
P.M. and September 27, 2018, 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 7/10/2018
'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.