HomeMy WebLinkAboutR-18-0335City of Miami
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Legislation
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Resolution: R-18-0335
File Number: 4349
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 MIAMI DOWNTOWN DEVELOPMENT
AUTHORITY OF THE CITY OF MIAMI, FLORIDA ("DDA") FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2018 AND ENDING SEPTEMBER 30,2019;
AUTHORIZING THE EXECUTIVE DIRECTOR TO SUBMIT SAID PROPOSED
MILLAGE RATE TO THE MIAMI-DADE COUNTY PROPERTY APPRAISER AND
TAX COLLECTOR TOGETHER WITH THE DATE, TIME, AND PLACE OF THE
PUBLIC HEARING AT WHICH THE CITY COMMISSION WILL CONSIDER THE
PROPOSED MILLAGE RATE AND THE DDA'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 Miami
Downtown Development Authority of the City of Miami, Florida's ("DDA") 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 the purpose of 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
hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section.
Section 2. The DDA's rolled back rate is 0.4537 mills.
Section 3. The proposed millage rate for the DDA for the Fiscal Year beginning
October 1, 2018 and ending September 30, 2019 is 0.4681 mills, which is 3.17% more than the
rolled back rate.
Section 4. The Executive Director is hereby authorized to submit forthwith the rolled
back rate and the proposed millage rate for the DDA 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 DDA'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
Commission Chambers at City Hall, 3500 Pan American Drive, Dinner Key, Miami, Florida.
City of Miami Page 1 of 2 File ID: 4349 (Revision: A) Printed On: 11/7/2018
File ID: 4349
Enactment Number: R-18-0335
Section 5. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.'
APPROVED AS TO FORM AND CORRECTNESS:
1
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' 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.
City of Miami Page 2 of 2 File ID: 4349 (Revision: A) Printed on: 111712018