2008-26856 ResoRESOLUTION NO. 2008-26856
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, ADOPTING: 1) THE TENTATIVE AD VALOREM
MILEAGE OF 5.6555 MILLS FOR GENERAL OPERATING PURPOSES,
WHICH IS FOUR-TENTHS OF ONE PERCENT (0.4%) MORE THAN THE
"ROLLED-BACK" RATE OF 5.6349 MILLS; AND 2) THE DEBT SERVICE
MILEAGE RATE OF 0.2375 MILLS; FURTHER SETTING THE SECOND
PUBLIC HEARING TO CONSIDER THE MILEAGE RATE FOR FISCAL YEAR
(FY) 2008/09, ON WEDNESDAY, SEPTEMBER 17, 2008 AT 5:01 P. M.
WHEREAS, on July 16, 2008, the City Commission following a duly noticed public
hearing, adopted Resolution No. 2008-26861, which set the proposed millage rates at 5.6555
mills for general operating purposes, and 0.2375 mills for debt service; and
WHEREAS, Section 200.065, Florida Statutes, requires that at the conclusion of the first
public hearing on the City's proposed tax rate and budget, the City Commission: 1) adopt a
tentative ad valorem millage rate for FY 2008/09 operating purposes; and 2) the required Debt
Service millage rate; this is accomplished by adopting a Resolution that includes the percentage
increase or decrease over the "rolled-back" rate; and
WHEREAS, at this time the Administration would recommend that the City Commission
set the second and final public hearing to consider the aforestated millage rates for FY 2008/09.
NOW THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND THE CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, as follows:
(1) Pursuant to Section 200.065, Florida Statutes, there is hereby levied a tax for FY
2008/09, on all taxable and non-exempt real and personal property located within the corporate
limits of the City of Miami Beach, Florida, as follows:
(a) For the purpose of operating the government of the City, the rate assigned
amounts to 5.6555 mills. Also included are appropriate reserves and
contingencies, which are not limited to reserves for tax discounts and
abatements of uncollected taxes.
The millage rate reflected is four-tenths of one percent (0.4%) more than
the "Rolled-back" rate of 5.6349 mills.
(b) For the purpose of providing payment on the principal and interest
portions of the General Obligation Bond Debt outstanding, the rate
assigned amounts to 0.2375 mills.
(2) The tentative adopted millage rates for the City of Miami Beach, Florida for FY
2008/09 are subject to a second and final public hearing, herein set for and to be held at
5:01 p.m., Wednesday, September 17, 2008, in the City Commission Chambers, City Hall,
1700 Convention Center Drive, Miami Beach, Florida.
PASSED and ADOPTED this 8th day of September, 2008.
AYOR
Matti Herrera Bower
ATTEST:
CITY CLERK
Robert Parcher
APPROVED AS TO
FORM & LANGUAGE
& FO,R, EXECUTION
COMMISSION ITEM SUMMARY
Condensed Title:
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA,
ADOPTING: 1) THE TENTATIVE AD VALOREM MILEAGE OF 5.6555 MILLS FOR GENERAL OPERATING
PURPOSES, WHICH ISFOUR-TENTHS OF ONE PERCENT (0.4%) MORE THAN THE "ROLLED-BACK" RATE OF
5.6349 MILLS; AND 2) THE DEBT SERVICE MILEAGE RATE OF 0.2375 MILLS; FURTHER SETTING THE
SECOND PUBLIC HEARING TO CONSIDER THE MILEAGE RATE FOR FISCAL YEAR (FY) 2008/09, ON
WEDNESDAY, SEPTEMBER 17, 2008 AT 5:01 P. M
Intended outcome
Ensure expenditure trends are sustainable over the long term; Improve the City's overall financial health and
maintain overall bond ratin ;Increase communit satisfaction with cit services
Supporting Data (Surveys, Environmental Scan, etc.):
In the 2007 survey, 46% of residents and 55% of businesses rated the value of city services fortax dollars paid
as excellent or good. The value of city services for tax dollars paid appeared as a key driver for residents'
perceptions of overall quality of life and city government meeting their needs; one of the areas most important
to resident's quality of life; and for businesses' perceptions of City government; its interest in hearing their
concerns, Miami Beach as a place to run a business, and whether the City is doing better, the same, or worse
versus a few years ago.
The Adopted FY 2007/08 General Fund Operating Budget reduced the City's total millage rate by 1.7760 mills
to a rate of 5.8970 mills, an unprecedented 23% decrease in millage, a reduction of $44 million in property tax
revenues based on the FY 2006/07 millage rate, and a reduction of $17.5 million (11%) from FY 2006/07
budgeted property tax revenues. The adopted FY 2007/08 budget identified re-organizational efficiencies;
removed departmental contingencies; significantly reduced overtime, travel, training, subscriptions, supplies,
contracts, etc.; and strategically reduced services that were not as closely aligned with our strategic plan or
that had not been as successful in achieving desired results -reducing $20.7 million and almost 100 positions
(86 full-time and 7part-time).
Between FY 1999/2000 & FY 2007/08 City of Miami Beach Total Combined Millage decreased by 2.8 mills
(11.8%) to 5.6555. In FY 2007/08, total millage for all taxing jurisdictions within the City of Miami Beach was
20.1746, and remains lower than most munici alities in Miami-Dade Count .
Issue:
Shall the Mayor and City Commission adopt the resolution?
Item Summa /Recommendation:
The Administration is recommending reducing the City's total combined millage rate to 5.8930 for FY 2008/09, a
reduction of 0.004 mills and 0.1 percent. The tentative operating millage is maintained at 5.6555 mills, including a
general operating millage rate of 5.5472 and a General Fund Capital Renewal and Replacement millage of 0.1083.
The proposed debt service millage rate is reduced from 0.2415 to 0.2375, a reduction of 1.7 percent.
The rollback rate is the millage rate required to produce the same level of Citywide property tax revenues in FY
2008/09 as collected in FY 2007/08 and is calculated as 5.6349, 0.0206 mills less than the millage rate adopted for
FY 2007/08.
Adviso Board Recommendation:
Financial Information:
Source of Amount Account
Funds: ~
2
OBPI Total
Financial Impact Summary: In FY 2007/08, the operating millage rate for general City operations was
adopted at 5.6555. Based on the July 1, 2008 Certification of Taxable Value, 5.6555 mills would generate
approximately $144,519,307 million in tax revenues, an increase of $261,307 over current year budgeted property tax
revenues Citywide (General Fund, City Center RDA and the South Pointe area). However, the General Fund
property tax revenues will decrease by $1.4 million. This decrease in General Fund property tax revenue precludes
the Cit from absorbin normal increases in Sala and frin es and other normal increases due to inflation.
Cit Clerk's Office Le islative Trackin
Sign-Offs:
De t nt Dire or Assistant Cit Manager Cit Manager
r~ /~
~~~ ~k NDA ITEfVE ~ l 1`f~
DATE '"v
m MIAMIBEACH
City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov
COMMISSION MEMORANDUM
TO: Mayor Matti Herrera Bower and Members of the City Commission
FROM: Jorge M. Gonzalez, City Manager
DATE: September 8, 2008
SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI
BEACH, FLORIDA, ADOPTING: 1) THE TENTATIVE AD VALOREM MILEAGE OF
5.6555 MILLS FOR GENERAL OPERATING PURPOSES, WHICH IS FOUR-TENTHS
OF ONE PERCENT (0.4%) MORE THAN THE "ROLLED-BACK" RATE OF 5.6349
MILLS; AND 2) THE DEBT SERVICE MILEAGE RATE OF 0.2375 MILLS; FURTHER
SETTING THE SECOND PUBLIC HEARING TO CONSIDER THE MILEAGE RATE FOR
FISCAL YEAR (FY) 2008/09, ON WEDNESDAY, SEPTEMBER 17, 2008 AT 5:01 P. M.
ADMINISTRATION RECOMMENDATION
The Administration recommends that the City Commission adopt the attached Resolution which
sets the following:
1) Tentatively adopted millage rates for Fiscal Year (FY) 2008/09:
General Operating 5.5472 mills
Capital Renewal & Replacement 0.1083 mills
Sub-Total Operating Millage 5.6555 mills (no change from FY 2007/08)
Debt Service 0.2375 mills (0.2415 last year, 1.7°/o decrease)
Total 5.8930 mills (5.8970 last year, 0.1 % decrease)
2) The tentatively adopted combined millage rate of 5.8930 mills is 0.004 mills less than the
5.8970 combined millage rate for FY 2007/08. The tentatively adopted operating millage rate
for FY 2008/09 is 5.6555 mills. State statute requires that we advertise that this rate is 0.4°/o
more than the "Rolled-back" rate of 5.6349 mills.
3) The second public hearing to consider the final millage rates and budgets for FY 2008/09
shall be on Wednesday, September 17, 2008 at 5:01 P.M., in the City Commission
Chambers, City Hall, 1700 Convention Center Drive.
The rollback rate is the millage rate required to produce the same level of property tax revenues in
FY 2008/09 as collected in FY 2007/08, net of the impacts of Florida Constitution Amendment 1
approved in January 2008 which reduced the City's taxable values by $463 million and property tax
revenues by approximately $2.6 million. Amendment 1 provided constitutional changes to the
homestead exemption and changes in the assessment of affordable housing, working waterfronts
FY 2008/09 Tentative Millage
September 8, 2008
Page 2
and a $25,000 exemption of tangible personal property. The rollback rate is calculated by dividing
the prior year property tax revenues by the current year property values, after new construction,
major improvements, annexations, deletions and tax increment districts are removed from current
year property values.
Under the recently enacted State legislation, the City may elect to approve millage rates above the
roll-back rate up to the constitutional cap of 10 mills subject to an extraordinary vote by the
Commission or referendum:
• Millage up to 5.7436 (equivalent to a 4.15% increase in Property Tax revenues, net of the
impact of Amendment 1) requires majority of the approval of the Commission
• Millage up to 6.4643 (equivalent to a 10% increase in Property Tax revenues, net of the impact
of Amendment 1)requires atwo-thirds approval (5 of 7 votes) of the Commission
• Millage above 6.4643 requires unanimous approval of the Commission or referendum up to the
10 mill cap.
PROCEDURE
Florida Statutes 200.065 requires that at the conclusion of the first public hearing on the proposed
tax rate and budget, the City Commission proceed in the following specific manner:
Adopt a tentative ad valorem millage rate for FY 2008/09 operating purposes. This is
accomplished by adopting a Resolution that includes the percentage increase ordecrease
over the "Rolled-back" rate; the required Debt Service millage rate; and, the date, time, and
place of the second public hearing
State statute requires that only the title be read aloud.
2. Adopt a tentative general operating budget for FY 2008/09. Also included, are budgets for
the Enterprise and Internal Service Funds. This is accomplished by adopting a companion
Resolution. (See accompanying Agenda Item R7A2).
Both the millage and budget Resolutions must be adopted again after a second and final public
hearing.
Procedurally, a millage either greater than or less than 5.6555 mills may be adopted at this first
hearing. However, any millage rate adopted at the end of either the first or second public hearings
which exceeds the millage rate of 5.6555 mills established on July 16, 2008, and certified to the
Property Appraiser, would require mailing of a revised notice of property taxes to each
taxpayer. The notice would be prepared by the Property Appraiser, at the expense of the
taxing authority.
ANALYSIS OF PROPERTY VALUES IN MIAMI BEACH
On July 1, 2008, the City received the "2008 Certification of Taxable Value" from the Property
Appraiser's Office stating that the taxable value for the City of Miami Beach is $26,898,698,386,
including $204,624,492 in new construction. The preliminary 2008 value represents an increase of
$48.6 million or 0.2 percent over 2007's June 29 Certification of Taxable Value of $26,850,061,663
and is net of the $463 million impact of Amendment 1, a 1.9 percent impact.
FY 2008/09 Tentative Millage
September 8, 2008
Page 3
The comparative assessed values for the Miami Beach Redevelopment Agency City Center
redevelopment district increased from $3,585,310,480, to $3,707,103,133, an increase of
$121,792,653, or a 3.4 percent increase in values over2007 certified values. In addition, assessed
values within the geographic area formerly known as the South Pointe redevelopment district
increased from $3,452,319,916, to $3,684,154,640, an increase of $231,834,724, or a 6.7 percent
increase in values over 2007 certified values. As a result, taxable values in the areas outside the
City Center RDA/South Pointe area decreased by 1.5 percent, from $19.812 billion to 19.507
billion, a decrease of $305 million.
COMPARATIVE ASSESSED VALUES (in billions)
Jan. 1 2007 Value Jan. 1 2008
Value
As of June
29 2007
(For FY
2007/08
Bud et
Final Value
(For FY
2007/08
Pro~ection
As of July 1
2008
(For 2008/09
Bud et
% Change
from 2007
Value
Bud et
% Change
from Final
Value
RDA - Cit Center 3.5853 3.4658 3.7071 3.4% 7.0%
South Pointe Area 3.4523 3.4148 3.6842 6.7% 7.9%
General Fund 19.8124 19.2555 19.5074 -1.5% 1.3%
Total Cit ide 26.8500 26.1361 26.8987 0.2% 2.9%
Further, "2008 Certification of Taxable Value" from the Property Appraiser's Office, also decreased
the estimated "2007 Taxable Value" from $26.850 billion to $26.136 billion, a decrease of $714
million. This difference between 2007's preliminary and final values represents the loss of 2.7
percent due to appeals, value adjustments, etc., while prior year differences have been less than 1
percent. This is in addition to typical discounts due to early payments that have averaged about 3
percent per year. The majority of this loss occurred in areas outside the City Center Redevelopment
District and the South Pointe area, and is higher than historic levels for the second year. As a
result, property tax revenues in FY 2007/08 are anticipated to be approximately $1.5 million less
than budgeted.
As with Citywide values, 2007 Taxable Values for City Center and the South Pointe area, were
revised to $3,465,784,338 and $3,414,814,691, adecrease of $119.5 million (3.3 percent) and
$37.5 million (1.1 percent), respectively, as of July 1, 2008.
Determining the Operating Millage Levy
The first building block in developing a municipal budget is the establishment of the value of one
mill of taxation, wherein the mill is defined as $1.00 of ad valorem tax for each $1,000 of property
value. For the City of Miami Beach, this value for each mill is determined by the 2008 Certification
of Taxable Value and has been set at $26,898,698,386. Florida Statutes permit a discount of up to
five percent for early payment discounts, delinquencies, etc. Therefore, the 95 percent value of the
mill is $25,553,763. The 95 percent value of 1 mill outside the City Center RDA/South Pointe area
is $18,866,667.
Based on the proposed operating millage rate of 5.6555, the combined tax levy for General Fund,
City Center and the South Pointe area is $144,519,307, an increase of $261,307 over budgeted
FY 2008/09 Tentative Millage
September 8, 2008
Page 4
property tax revenues for FY 2007/08 net of debt service. However, due to the decrease in
property values outside of City Center RDA and the South Pointe area, property tax revenues
available Citywide, net of renewal and replacement funding, are projected to decrease by $1
million.
General Obligation Debt Service Fund
The general obligation debt service payment for FY 2008/09 is approximately $6.1 million, reflecting
a decrease of $92,107. Base on the July 1, 2008 Certified Taxable Value from the Property
Appraiser, these bonds would require the levy of a reduced debt service millage of 0.2375 mills.
This represents a reduction of 0.0040 mills.
Total Combined Millage Rates
Illustrated below is a comparison of the combined millage rates and ad valorem revenues to the
City of Miami Beach for FY 2007/08 (final) and FY 2008/09 (preliminary) including RDA. It is
recommended that in the General Fund, 0.1083 mills of the total operating millage be dedicated to
renewal and replacement, resulting in $2.219 million in renewal and replacement funding.
FY 07108 FY 08109 Incl(Dec) % Ind(Dec)
City of Miami Beach Millage Rates
Operating 5.5173'... 5.5472 0.0299 1%
Capital Renewal & Replacement 0.1382 0.1083 (0.0299) -22%
Debt Service 0.2415 0.2375' (0.0040) -2%
Total'' 5.8970" 5.8930' (0.0040)... 0%
FY 2008/09 Tentative Millage
September 8, 2008
Page 5
If these recommended millage rates are adopted, then the City of Miami Beach's overall combined
tax rate millage will decrease by 0.0040 mills as compared to the current year, as the total
operating millage will remain unchanged and the debt service millage will decrease by 0.0040 mills.
The resulting City of Miami Beach tax levy for debt service and operating combined, including the
City Center RDA and the South Pointe area is $150.6 million, of which $6.1 million is for debt
service; $18.3 million is forthe City Center RDA; $10.3 million and $9.2 million are generated from
the South Pointe area and are available to the General Fund pursuant to the Convention
Development Tax (CDT) Interlocal Agreement with Miami-Dade County for South Pointe
expenditures and Citywide General Fund expenditures, respectively; and $106.7 million is available
to the General Fund net of the City Center RDA and South Pointe area.
Combining Jurisdictional Operating and Debt Service Millage Levies
City of Miami Beach property owners must also pay property taxes to Miami-Dade County, the
Miami-Dade County School Board, the South Florida Water Management District, and the Florida
Inland Navigation District.
As adopted by the County at their July 17 Commission meeting, the countywide tax rate is
proposed to increase from 4.5796 mills to 4.8733 mills. The library tax rate is proposed to remain
unchanged from 0.3842 mills. The Children's Trust tax rate is proposed to decrease from 0.4223
mills to 0.4212 mills. The School Board Tax millage is proposed to decrease from 7.9480 to 7.7970.
Proposed tax rates for otherjurisdictions are unavailable at this time and are shown as unchanged.
FY 2008/09 Tentative Millage
September 8, 2008
Page 6
Using tax rates known at this time, the changes in millage is estimated as follows:
~ 07108 FY 08/09 Inc/(Dec) ' Inc/(Dec)
OVERLAPPING TAX MILEAGE
City of Miami Beach Millage Rates ':
Operating 5.5173 5.5472 0.0299
Capital Renewal & Replacement 0.1382 0.1083 -0.0299
Debt Service 0.2415 0.2375 -0.0040
Total' 5.8970 5.8930 -0.0040' 0%
.., ,
Miami Dade County
___....,.. _.._._ . _ _
........ . _
.. _..
mw...
Countywide
m.a~.... 4.5796 4.8733 0.2937
Library 0.3842 0.3842 0.0000
Debt Service 0.2850 0.2850. 0.0000
_...._ _.
Subtotal:
5.2488
5.5425''
0.2937
6%
__.,_
School Board
~
7.9480
7.7970!
-0.1510
-2%
Children's Trust 0.4223 0.4212 -0.0011 0%°
Other.... - 0.6585'.... 0.6585'! 0.0000 0%
Total 20.1746 20.3122 0.1387 1
Combined Millage Levy Impact on Miami Beach Property Owners
Homesteaded Property Owners
Amendment 10 to the State Constitution took effect on January 1, 1995 and limited the increase in
assessed value of homesteaded property to the percentage increase in the consumer price index
(CPI) or three percent (3%), whichever is less. For 2007, the CPI has been determined to be 4.1
percent and therefore, the increase is capped at 3% for increased values as of January 1, 2008.
Further, all taxing jurisdictions, except the school district, reflect the impact of the additional
$25,000 exemption for homesteaded properties. The homestead exemption is applied after the
increase in value as shown in the following table.
For a typical homesteaded property with a median value as of January 1 2007 of $353,770, the
Miami Beach portion of the tax bill, which represents 28% of the total tax bill, would decrease by
$86 although, due to tax increases from other jurisdictions, the total bill would decrease by only
$52.
FY 2008/09 Tentative Millage
September 8, 2008
Page 7
Change in Taxes Paid by Homesteaded Properties
FY 2007 Assessed Value $ 250,000 $ 353,770 ' $ 500,000 $ 1,000,000
Less $25,000 Exemption $ (25,000):... $ (25,000) $ (25,000) $ (25,000)
FY 2007 Taxable Value $ 225,000 $ 328,770 ' $ 475,000 $ 975,000
2007 Taxes
. .
City of Miami Beach ..
$
9,327 $
1,939 $
2,801 $
5,750
Miami Dade County _ _ $ 1,181 $ 9,726 ' $ 2,493 $ 5,118
Schools .... $ 1,788 $ 2,613 ' $ 3,775 $ 7,749
Other $ 243 $ 355 $ 513 $ 1,054
Total' $ 4,539 $ 6,633' $ 9,583'. $ 19,670
FY 2008 Assessed Value - 3% incr. ' $ 257,500 ' $ 364,383 ' $ 515,000 $ 1,030,000
Less $25,000 Exemption $ (25,000), $ (25,000) $ (25,000); $ (25,000)
FY 2008 Taxable Value -Schools ' $ 232,500 '.:, $ 339,383 ' $ 490,000 , $ 1,005,000
Additional $25,000 Exemption $ (25,000)'' $ (25,000) $ (25,000), $ (25,000)
FY 2008 Taxable Value -All Others $ 207,500 `' $ 314,383 $ 465,000'! $ 980,000
2008 Taxes.......
City of Miami Beach ', $ 1,223 $ 1,853 $ 2,740 $ 5,775
Miami Dade County $ 1,150 $ 1,742 $ 2,577 $ 5,432
Schools $ 1,813 $ 2,646 $ 3,821 $ 7,836
Other $ 224 $ 339 $ 502 $ 1,058
Total' $ 4,410 $ 6,581 $ 9,640 $ 20,101
of 2008 Tax Bill
Cityof Miami Beach 27.7% 28.2% 28.4% 28.7%°
Miami Dade County 26.1% 26.5% 26.7% 27.0%
Schools 41.1%' 40.2% 39.6% 39.0%
Other ___ 5.1 % _ 5.2%' 5.2% 5.3%
Total' 100.0% 100.0% 100.0%' 100.0%
$ Change in Taxes.. j
City of Miami Beach
._...... $ (104) $ (86) $ (61) $ 26 ~~~
Miami Dade County $ (31) $ 17 $ 84 $ 314'.
Schools .-~ _,,. _ __ $ 25 $ 33 $ 45 $ 87
Other _ __ $ (19) $ (16) _$ (11) $ 4
Total' $ (130)'. $ (52)' $ 57 $ 431
FY 2008/09 Tentative Millage
September 8, 2008
Page 8
Non-homesteaded Properties
Impacts of the decrease for non-homesteaded properties will vary based on the increase in
assessed value for each individual property.
Change in Taxes Paid by Non-Homesteaded Properties
FY2007 Taxable Value $ 500,000 '; $ 1,000,000 $5,000,000 $ 10,000,000
2007 Taxes
Cityof Miami Beach $
_
.... . 2,949 $ 5,897 $ 29,485 $ 58,970
Miami Datle County _,
$
~ 2,624 , $ 5,249 $ 26,244 $ 52,488
Other $ 4,514 $ 9,029 ' $ 45,144 $ 90,288
Total, $ 10,087 $ 20,175 ' $ 100,873 $ 201,746
FY 2008 Taxable Value - No change ' $ 500,000 $ 1,000,000 ', $ 5,000,000 $ 10,000,000
2008 Taxes
Cityof Miami Beach $ 2,947 $ 5,893 $ 29,465 $ 58,930
Miami Dade County $ 2,771 $ 5,543 $ 27,713 $ 55,425
Other $ 4,514 $ 9,028 $ 45,139 $ 90,277
Total; $ 10,232 $ 20,463 $ 102,316 $ 204,632
$ Change in Taxes
City of Miami Beach ' $
_. (2) $ (4) $ (20) $ (40)
Miami Dade County $ 147 $ 294 $ 1,469 ' $ 2,937
Other _ _ $ _ (1) $ (1) $ _ (5) $ _ (11)
Total. $ 144 $ 289 $ 1,443 $ 2,886
FY 2008 Taxable Value-10%increase $ 550,000 $ 1,100,000 $5,500,000 $ 11,000,000
2008 Taxes
CityofMiamiBeach
$
3,241 $ 6482: $ 32,412 $
64,823
Miami Dade County ' $ 3,048 $ 6,097 , $ 30,484 $ 60,968
Other ' $ 4,965 $ 9,930 ' $ 49,652 $ 99,305
Total $ 11,255 $ 22,510 ' $ 112,548 $ 225,095
$ Change in Taxes
CilyofMiamiBeach $ 293 $ 585 $ 2,927 $ 5,853
Miami Datle County , $ 424 $ 848. $ 4,240 $ 8,480
Other ' $ 451 $ 902 ' $ 4,508 $ 9,017
Total $ 1,167 $ 2,335 $ 11,675 $ 23,349
SECOND PUBLIC HEARING
The second public hearing on the tentatively adopted millage rate and budget for FY 2008/09 must
be advertised no later than 15 days after the first public hearing. It is recommended that the second
public hearing be set for Wednesday, September 17, 2008 at 5:01 P.M., in the City Commission
Chambers, City Hall, 1700 Convention Center Drive.
FY 2008/09 Tentative Millage
September 8, 2008
Page 9
CONCLUSION
The Administration recommends adoption of the attached Resolution which sets both tentative
operating and debt service millage rates for FY 2008/09 and establishes a second public hearing to
be held on Wednesday, September 17, 2008, at 5:01 P. M.
JMG:KGB:JC
0
0
N
N ' CITY OF MIAMI BEACH
NOTICE OF SPECIAL COMMISSION MEETING AND PUBLIC HEARINGS
a NOTICE IS HEREBY given that a Special Commission Meeting and public hearings will be held by the Mayor and City Commission of the i
'a City of Miami Beach, Florida, in the Commission Chambers, 3rd floor, City Hall, 1700 Convention Center Drive, Miami Beach, Florida, on
z Monday, September 8, 2008, to consider the following:
"' 5:01 p.m.
c THE FIRST PUBLIC HEARING ADOPTING THE PROPOSED MILEAGE RATE AND BUDGET FOR FISCAL YEAR 2008/2009 FOR THE CITY OF I
MIAMI BEACH.
~ 5:02 p.m.
THE FIRST PUBLIC HEARING ADOPTING THE PROPOSED MILEAGE RATE AND BUDGET FOR FISCAL YEAR 2008/2009 FOR 1HE
~ ~ ~~IORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT.
W
?„ !n addition, the City Commission may discuss other City business and take other necessary action at this meeting.
Inquiries may be directed to the Budget Office at (305) 673-7510.
0
_ '"~TERESTED PARTIES are invited to appear at this meeting, or be represented by an agent, or to express their views in writing addressed to the
z amity Commission, c/o the City Clerk, 1700 Convention Center Drive, 1st Floor, City Hall, Miami Beach, Florida 33139. Copies of these ordinances
:are available for public inspection during normal businesshours in the City Clerk's Office, 1700 Convention Center Drive, 1st Floor, City Hall, and
s wliami Beach, Florida 33139. This meeting may be continued and under such circumstances additional legal notice would not be provided.
Robert E. Parcher, City Clerk
? City of Miami Beach
E
Pursuant to Section. 286.0105, Fla. Stat., the City hereby advises the public that: if a person decides to appeal any decision made by the
City Commission with respect io any matter considered at its meeting or its hearing, such person must ensure that a verbatim record of the
m proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. This notice does not constitute
~ consent by the City for the introduction or admission of otherwise inadmissible or irtelevant evidence, nor does it authorize challenges or appeals
not otherwise allowed by law.
li, request this material in accessible format, sign language interpreters, information on access for persons with disabilities, and/or
arty accommodation to review any document or participate in any city-sponsored proceeding, please contact (305) 604-2489 (voices.
(305)673-7218(TTY) five days in advance to initiate your request. TTY users may also cal! 711 jFlorida Relay Servicej.
Ad #498 ,