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LTC 131-2003CITY OF MIAMI BEACH Office of the City Man_ager_ Letter to Commission No./3/ -,~'~;~,~ To: From: Subject: Mayor David Dermer and Members of the City Commission Jorge M. Gonzalez City Manager 2003 ASSESSMEI~IT ROLL ESTIMATE Date: June 3, 2003 As required by Florida Statue, the Miami-Dade County Property Appraiser advised us that the 2003 Assessment Roll Estimate for the City of Miami Beach is $12,200,000,000. The preliminary estimate is for budget planning purposes only. The official assessment will be released on July 1,2003. This estimate represents an increase of 15.5% over the 2002 preliminary assessment of $10,560,066,688. At this time, the estimate does not provide break-out of new construction or the Redevelopment Districts. JMG/PDW/J~ Attachment - / c: Executive Staff OMB Staff Jun-O~-ZO03 i 3:'0~ F rom-Wl~mCPA MIAMI-DADE COUNTY, FLORIDA MIAId T-975 P.O01/OOZ F-359 ¢) STEPHEN P, CLA',=IK CENTER June 2, 2003 DEPARTMENT OF I~FIOI~EIRA;'¥ APPRAIgAL AD~INISTRA,I'IVE iD[ViSION SUITE 710 111 ~V MIAMI FLORIDA ~305) 375~4 ~.co. miami~aOe,fl.u~pa MS. Patricia Walker Finance =irector City of Miami ~each 1700 Cor~ven~io= Center Drive Miami Beach, FL 3~139 RE: 20~3 Assessm~n~ Roll Eg:i~a~e Dear M;. Walker: The following es=image is being provided in accordance wi~h chapter ~00.065(7), Florida Statutes, which sta=ms: '(7) The Proper=y Appraiser shall deliver to the preeidinE officer of each ~axinE authority wi~--hin =he C~ncy, J~3~a l~, an estimate of the total as~eesed value of non-exempt proper~y for the curren~ year for budget pla~ning purposes.# The Certificaticn of Taxable Value [Form DR-420) will be delivered a!l taxir~ authori=ies cn July Is:. Receip= ~ these values cn July iniziat~s uhe SCatutory bu~gez and miilagm calendar. The month of tune is the most ao=!ve and conchs=razed ~eriod at Ch~ end cf the assessmen= cycle in terms o~ Dreparin~ the assem~m~n~ ro!~ for completion by July 1'~. AS such, the projec=&ons u~ed in preparing tAe fi~q~re provided below represent =he best esn±mase available for meas~rin~ the changes 5eking effec= durim~ June. Sincerely,