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2008-26865 ResoRESOLUTION NO. 2008-26865 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE TENTATIVE AD VALOREM MILEAGE OF 0.7227 MILLS FOR FISCAL YEAR (FY) 2008/09 FOR THE NORMANDY SHORES LOCAL GOVERNMENT DISTRICT, WHICH ISTHIRTY-ONE AND ONE TENTH PERCENT (31.1%) LESS THAN THE "ROLLED-BACK" RATE OF 1.0489 MILLS, SUBJECT TO A SECOND PUBLIC HEARING SCHEDULED ON WEDNESDAY, SEPTEMBER 17, 2008 AT 5:02 P.M. WHEREAS, for the purpose of providing security services within the Normandy Shores neighborhood area, the Mayor and City Commission adopted Ordinance No. 93-2881 on October 20, 1993, which authorized the creation of the Normandy Shores Local Government Neighborhood Improvement District (District); and WHEREAS, Section 200.065, Florida Statutes, has specified the method by which municipalities may fix the operating millage rate and adopt an annual budget for dependent taxing districts; and WHEREAS, on July 16, 2008, the City Commission adopted Resolution 2008-26862 which set the proposed operating millage rate for the District at 0.7227 mills forthe purpose of providing security services within the District; and WHEREAS, on September 8, 2008, a public hearing was held before the Mayor and City Commission, acting as the Board, to discuss the tentative operating millage rate and operating budget for the District for FY 2008/09. NOW THEREFORE, BE IT DULY RESOLVED BY THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT, that the Board hereby adopts the tentative operating millage rate of 0.7227 mills for the District for FY 2008/09, which is less than the "Rolled-back" rate of 1.0489 mills by thirty-one and one tenth percent (31.1 %), subject to a second public hearing scheduled on Wednesday, September 17, 2008, at 5:02 P.M. PASSED and ADOPTED this 8th day of September 2008. ATTEST• Secretary to the District Robert Parcher Chai person o e is rict Matti Herrera Bower APPROVED AS'TCI~ FORM 8~ LANGUAGE COMMISSION ITEM SUMMARY Condensed Title: A resolution of the Board Of Directors of The Normandy Shores Local Government Neighborhood Improvement District adopting the tentative Ad Valorem Millage Rate Of 0.7227 Mills For The Normandy Shores Neighborhood Improvement District, which is thirty-one and one tenth percent (31.1 %) less than the "rolled-back" rate of 1.0489 mills, subject to a second public hearing scheduled on Wednesday, Se tember 17, 2008 At 5:02 P.M. Ke Intended Outcome Su orted: Increase resident ratings of public safety services; Maintain crime rates at or below national trends Supporting Data (Surveys, Environmental Scan, etc.): Safety across the City (preventing crime, drugs, gangs, speeding cars) was ranked number one by residents as one of the most important areas affecting their quality of life and it was also mentioned as one of the changes that would make Miami Beach a better place to live, work, play, or visit. Safety during the day appeared as a key driver for resident's perceptions of Miami Beach as a place to live and overall quality of life. Also, crime prevention was ranked number four by residents as one of the most important areas that the Cit can address with re ards to ublic safe Issue: Shall the Mayor and City Commission, acting in its capacity as the Board of Directors for the Normandy Shores Local Government Neighborhood Improvement District, adopt the attached resolution which sets the tentative Ad Valorem Millage Rate; the Calculated Rolled-Back Rate; and sets the date, time and place for the second public hearing? Item Summa /Recommendation: 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 Normandy Shores is $144,174,761 which includes a net new taxable value decrease of $482,845. The preliminary value represents a decrease of 1.5 percent over 2007's final value of $146,410,255. The proposed ad valorem millage recommended by the Administration is 0.7227 mills to provide the current level of security required by this district. This tax levy will generate proceeds of $98,981. The total operating expenditures to provide the current service level to this district is $152,278 for FY 2008/09. The City of Miami Beach General Fund is required to provide 35% of the total operating expenditures ($53,297), and the City has funded the 35% for each of the fifteen years since the District was established. The amount provided by the General Fund for this purpose in FY 2007/08 was $55,014. The rolled-back rate is the millage rate required to produce the same level of property tax revenue in FY 2008/09 as collected in FY 2007/08. The rate is calculated as 1.0489 or 0.0126 mills more than the millage rate adopted for FY 2007/08. Adviso Board Recommendation: Financial Information: Source of Amount Account Approved Funds: ~ N/A 2 OBPI Total Financial Impact Summary: Citv Clerk's Office Legislative Tracking: Department Director I Assistant City Manager I City Manager I - I - Q I ~--- ~ ~-~ ~~ /~ AGEPIDR ITEM ° / m MIAMIBEACH City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachA.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 BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE TENTATIVE AD VALOREM MILEAGE OF 0.7227 MILLS FOR FISCAL YEAR (FY) 2008/09 FOR THE NORMANDY SHORES LOCAL GOVERNMENT DISTRICT, WHICH IS THIRTY-ONE AND ONE TENTH PERCENT (31.1%) LESS THAN THE "ROLLED-BACK" RATE OF 1.0489 MILLS, SUBJECT TO A SECOND PUBLIC HEARING SCHEDULED ON WEDNESDAY, SEPTEMBER 17, 2008 AT 5:02 P.M. ADMINISTRATION RECOMMENDATION The Administration recommends that the Mayor and City Commission, acting in its capacity as the Board of Directors for the Normandy Shores Local Government Neighborhood Improvement District, adopt the attached resolution which sets the following: 1) The tentatively adopted millage rate of the Normandy Shores Neighborhood Improvement District for FY 2008/09: General Operating 0.7227 mills (1.0363 mills last year) 2) The tentatively adopted millage rate of 0.7227 mills is 31.1 % less than the "Rolled-Back" Rate of 1.0489 mills 3) The second public hearing to consider the final Normandy Shores Neighborhood Improvement District operating millage rate and tentative budget for FY 2008/09 shall be held on Wednesday, September 17, 2008 at 5:02 P.M., in the City Commission Chambers, City Hall, 1700 Convention Center Drive, Miami Beach, Florida. BACKGROUND The Normandy Shores Local Govemment Neighborhood Improvement District, a dependent taxing district of its principal, the City of Miami Beach, was established in 1994 to provide continual 24-hour security to this gated community; FY 2008/09 represents its fifteenth year of operation. FY 2008/09 Normandy Shores Tentative Millage Rate September 8, 2008 Page 2 of 3 ft was established by Ordinance 93-2881, and has the authority "to levy an ad-valorem tax on real and personal property of up to two mills, provided that no parcel of property will be assessed more than $500 annually forsuch improvements" During FY 1998/99 the amount of annual funding to be provided by the City and the dependent status of the District were issues discussed by the Finance and Citywide Projects Committee. A determination was reached that the City would fund 35% of the annual cost of the operation of the community gate guard. This cost will eventually be funded from the golf course operation of the Normandy Shores Golf Course. It was further agreed that the City would continue to supplement the District at current levels until both issues were resolved. On August 29, 2002, the Administration met with the Normandy Shores Local Government Neighborhood Improvement District representatives and agreed to eliminate the $500 capon the highest valued home in the District. The enabling legislation was adopted by the Commission on September 25, 2002. This ensures that the City's contribution from the General Fund remains at 35% of the operating budget of the District. The FY 2007/08 millage rate required an increase above the FY 2006/07 millage rate to address aMiami-Dade County Property Appraiser error with the Certified 2006 Taxable Value. Therefore, property tax collections in FY 2006/07 resulted in a shortfall of $46,649 which needed to be advanced from the City and repaid by the Normandy Shores taxing district in FY 2007/08. Accordingly, the Normandy Shores taxing district millage for FY 2007/08 was set at the level needed to cover FY 2007/08 expenditures (0.7115) as well as repay the FY 2006/07 shortfall (0.3248) for a total Normandy Shores millage of 1.0363. PROCEDURE The operating millage and budget for this dependent special taxing district must be adopted in accordance with Florida Statutes. This procedure requires that this Resolution be considered immediately after the millage and budget of the principal taxing authority, i.e., City of Miami Beach. It also prescribes that a tentative millage be adopted first. This is accomplished by adopting a Resolution which states the percent increase or decrease over the "Rolled-back" rate, and the date, time, and place of the second public hearing scheduled to adopt the final millage. Following this, another Resolution which tentatively adopts the Normandy Shores District operating budget must be approved. (See accompanying Agenda item R762 for details). The statute requires the name of the taxing authority, the rolled-back rate, the percentage increase, and the millage rate be publicly announced before adoption of the millage resolution. ANALYSIS 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 Normandy Shores is $144,174,761 which includes a net new taxable value decrease of $482,845. The preliminary value represents a decrease of 1.5 percent over 2007's final value of $146,410,255. FY 2008/09 Normandy Shores Tentative Millage Rate September 8, 2008 Page 3 of 3 The proposed ad valorem millage recommended by the Administration is 0.7227 mills to provide the current level of security required by this district. This tax levy will generate proceeds of $98,981. The total operating expenditures to provide the current service level to this district is $152,278 for FY 2008/09. The City of Miami Beach General Fund is required to provide 35% of the total operating expenditures ($53,297), and the City has funded the 35% for each of the fifteen years since the District was established. The amount provided by the General Fund for this purpose in FY 2007/08 was $55,014. The $152,278 in FY 2008/09 represents a $51,555 decrease (25%) from the FY 2007/08 budget of $203,833. In FY 2007/08, the budget included a $46,649 one-time repayment to the City for a property tax collection shortfall that occurred in FY 2006/07. The FY 2007/08 budget would have been $157,184 net of the one-time repayment. Therefore, the FY 2008/09 budget reflects a decrease of $4,906 or 3.1 percent from the FY 2007/08 budget for operations. For the Normandy Shores taxing District, the value for each mill ($1.00 of ad valorem tax for each $1,000 of property value) is determined by the 2008 Certification of Taxable Value and has been set at $144,175. 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 $136,966. Accordingly, 0.7227 mills are required to generate $98,981 in property tax revenues by the district. It must be noted that in accordance with State Statute, there is a 10 mill operating cap which cannot be exceeded without voter approval. Combining both millages from the dependent district (0.7227) and the principal taxing authority (5.6555) totals 6.3782 mills, which is 3.6218 mills less than the 10 mill cap. CONCLUSION The City Commission, acting in its capacity as the Board of Directors of the District, should adopt the attached Resolution which establishes a tentative millage and schedules the second and final public hearing. JMG:KB:JC , i1:.ry. it 30 ~, ~ 1V1~~tV1~D~~~~.. o' 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 ! City of Miami Beach, Florida, in the Commission Chambers, 3rd floor, C1ty Hall, 1700 Convention Center Drive, Miami Beach, Florida, on Z i Monday, September 8, 2008, to consider the following: ~i "' ! 5:01 p.m. o i THE FIRST PUBLIC HEARING ADOPTING THE PROPOSED MILEAGE RATE AND BUDGET FOR FISCAL YEAR 2008/2009 FOR THE CITY OF j MIAMI BEACH. _ 5:02 p.m. f THE FIRST PUBLIC HEARING ADOPTING THE PROPOSED MILEAGE RATE AND BUDGET FOR FISCAL YEAR 2008/2009 FOR THE 'a NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT. " f W F=„ In 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 ttdTERESTED 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 City Commission, c/o the City Clerk, 1700. Convention Center Drive, 1st Floor, City Hall, Miami Beach, Florida 33139. Copies of these ordinances E are available for public inspection during normal business hours in the City Clerk's Office, 1700 Convention Center Drive, 1st Floor, City Hall, and o Miami Beach, Florida 33139. This meeting may be continued and under such circumstances additional legal notice would not be provided. .D . Robert E. Parcher, City Clerk i City of Miami Beach .~ ', 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 to 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 irrelevant evidence, nor does it authorize challenges or appeals not otherwise allowed by law, iu request this material in accessible format, sign language interpreters, information on access for persons with disabilities, and/or ar+y accommodation to review any document or participate in any city-sponsored proceeding, please contact (305) 604-2489 (voice}. (305)673-7218(fTY) five days in advance to initiate your request. TTY users may also call 711 (Florida Relay Service). Ad 6498 .