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HomeMy WebLinkAboutAgenda Item Summary Formy AGENDA ITEM SUMMARY FORM File ID: #6290 Date: 08/08/2019 Requesting Department: Office of Management and Budget Commission Meeting Date: 09/12/2019 Sponsored By: District Impacted: All Type: Discussion Item Subject: Discussion and Public Comment - City's Proposed Budget and Tentative Millage FY '20 Purpose of Item: To allow discussion and public comment on the Proposed FY 2019-20 Millage Rate, Tentative Budget, and all other Budget items on the agenda. Background of Item: The Proposed General Operating Millage rate of 7.9900 for the City of Miami for the Fiscal Year beginning October 1, 2019 and ending September 30, 2020 is 4.59 percent higher than the State Defined Rolled -Back Rate of 7.2341. The FY 2019-20 Proposed Operating and Capital Budgets were provided to the Elected Officials, posted on the City's website, and filed with the Office of the City Clerk on July 3, 2019. Budget Impact Analysis Item is Related to Revenue Item is an Expenditure Item is funded by Bonds Total Fiscal Impact: Reviewed By Office of Management and Budget Christopher M Rose Department Head Review Completed 08/22/2019 6:05 AM City Manager's Office Sandra Bridgeman Assistant City Manager Review Completed 08/22/2019 11:51 PM City Manager's Office Nikolas Pascual City Manager Review Completed 08/23/2019 11:43 AM City Commission Maricarmen Lopez Meeting Completed 09/12/2019 5:05 PM