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2003-25300 ResoRESOLUTION NO. 2003-25300 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, SETTING THE PROPOSED MILLAGE RATES FOR FISCAL YEAR (FY) 2003~04, THE CALCULATED "ROLLED-BACK" RATE, AND THE DATE, TIME, AND PLACE OF THE FIRST PUBLIC HEARING; FURTHER AUTHORIZING THE CITY MANAGER TO TRANSMIT THIS INFORMATION TO THE MIAMI-DADE COUNTY PROPERTY APPRAISER IN THE FORM REQUIRED BY SECTION 200.065, FLORIDA STATUTES WHEREAS, Section 200.065, Florida Statutes, has specified the method by which municipalities may fix the millage rate and adopt an annual budget; and WHEREAS, the City of Miami Beach is required to advise the Miami-Dade County Property Appraiser of the Proposed Millage Rates, the "Rolled-Back" Rate, and the date, time, and place of the first public hearing. NOW THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the following recommendations of the Administration be and are hereby ratified for transmittal to the Miami- Dade County Property Appraiser, as specified in Section 200.065, Florida Statutes: 1) Proposed Millage Rates for FY 2003/04 General Operating Debt Service 7.299 mills 0.874 mills 8.173 mills 2) "Rolled-Back" Rate 6.527 mills 3) The first public hearing on the proposed millage rate and the tentative budget for FY 2003/04 shall be held on Thursday, September 4, 2003 at 5:01 P.M., in the City Commission Chambers, City Hall, 1700 Conven/t~ Florida. PASSED and ADOPTED, this 30t___bh day of ~.~, 20q / / I -" v - ~ FORM & LANGUAGE CITY CLERK & FOP,.F~.ECUTION Cent/~r Drive, Miami Beach, MAYOR CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 http:\\ci.miami-beach.fi.us COMMISSION MEMORANDUM NO. TO: Mayor David Dermer and Members of the City Commission DATE: July 30, 2003 FROM: SUBJECT: Jorge M. Gonzalez~ ,~,~v~/ City Manager , ~[2'/'~ ,.,. ~ A RESOLUT.O. OF T.E MAYOR A.D C,W COMM,SS,O. OF THE CITY OF MIAMI BEACH, FLORIDA SETTING 1) THE PROPOSED OPERATING MILLAGE RATE; 2) THE REQUIRED DEBT SERVICE MILLAGE RATE; 3) THE CALCULATED "ROLLED-BACK" RATE; AND, 4) THE DATE, TIME, AND PLACE OF THE FIRST PUBLIC HEARING TO CONSIDER THE MILLAGE RATES AND BUDGETS FOR FISCAL YEAR (FY) 2003/04; FURTHER AUTHORIZING THE CITY MANAGER TO TRANSMIT THIS INFORMATION TO THE MIAMI-DADE COUNTY PROPERTY APPRAISER IN THE FORM REQUIRED BY SECTION 200.065, FLORIDA STATUTES. SUMMARY The Administration is recommending the City's operating millage rate at the current rate of 7.299, and has calculated a decrease of 0.149 in the current debt service millage rate of 1.023 to 0.874. Although the overall millage will decrease (0.149), due to increases in assessed value there will be a net increase of $13.15 in the amount of taxes that the average residential homeowner will pay to the City in the coming fiscal year. The School Board has announced a decrease and while the County has announced no overall increase in their property tax rate, (except that due to increases in assessed values) they have added the amount of the reduction in debt service millage to their general operating millage. The combined impact on the average homeowner in Miami Beach will be an increase of $66.21. The Administration has also considered the millage adjustment methodology implemented by the County, which is discussed later in this memo under the caption "Millage for Maintenance." ADMINISTRATION RECOMMENDATION The Administration recommends that the Mayor and City Commission adopt the attached resolution which authorizes the City Manager to transmit the following information to the Miami-Dade County Property Appraiser: Agenda Item Date FY 2003/04 Proposed Millage Rate July 30, 2003 Page 2 1) Proposed Millage Rates for FY 2003/04: General Operating 7.299 mills (7.299 last year) Debt Service 0.874 mills (.1.023 last year) 8.173 mills (8.322 last year) 2) "Rolled-Back" Rate (Truth in Millage) 6.527 mills 3) The first public hearing to consider the proposed millage rates and tentative budgets for FY 2003/04 shall be at 5:01 p.m., Thursday, September 4, 2003 in the City Commission Chambers, City Hall, 1700 Convention Center Drive, Miami Beach, Florida. DECISION-MAKING PROCESS The budget development process has included participation from within and from outside City Hall. An economic overview was presented to the Finance and Citywide Projects Committee on April 21 st and Commission Budget Briefings were held on July 18th, July 22® and July 24th to inform the Commission and the citizens of preliminary General Fund revenue projections and department expenditure requests for FY 2003/04. The Budget Advisory Committee (BAC) reviewed the proposed budgets of all major departments and offered comments and suggestions throughout the process. The Administration will make a presentation today for the purpose of informing both you and the citizens about the status of the proposed budget which will include an overview of the budgets for General Fund, Enterprise Funds, Resort Tax Fund and the Internal Service Funds. In addition, we will provide information on both enhanced services and service level reductions.. Maintaining the basic service level into FY 2003/04 will translate into a total operating budget (net of RDA) of $152,362,436 which is $8,371,322 or 5.8% greater than the adopted budget of $143,991,114 ( net of RDA). This proposed General Fund budget includes new or increased services in the net amount of $1.2 million. In the Police Department, several enhancements are being proposed. To increase police visibility on the streets and promote stronger community partnerships, several officers will be reassigned to proactive uniform patrol positions throughout the City. One sergeant and four officers have been reassigned from the Criminal Investigations Division, Special Investigations Squad. This transfer will not eliminate the services currently provided, but will enhance specialized field operations. Two officers have also been reassigned from the School Resoume Office to assume uniform patrol duties. Their duties as police liaisons to the schools will be assumed by two retired police officers who will be contracted to provide a continued presence in the schools. One sergeant from the Support Services Division will FY 2003/04 Proposed Millage Rate July 30, 2003 Page 3 be reassigned to uniform patrol. In addition, fifteen new sworn officers will be hired for the two Redevelopment Areas within Miami Beach as part of our continued community policing initiatives. These efforts will result in a total of twenty three additional sworn uniform officers for the Patrol Division. The Parks and Recreation Department will undergo a reorganization that will enable the department to be much more responsive and accountable for quality recreation services. A key component of this reorganization is the creation of designated facility managers who will have the responsibility for the management and the offering of services in their respective facilities. The larger City facilities, including the new North Shore Park and Youth Center, the expanded Scott Rakow Youth Center and Flamingo Park will each have their own manager. Each of the facilities will also have additional resources to deliver the services desired and requested by our citizens. The North Shore Park and Youth Center, Normandy Isle Park and Pool and the expanded Scott Rakow Youth Center, will receive approximately $1.1 million in staff and resources to open and operate under our new structure and service levels. Programming at Fairway, Tatum and Normandy Shores Parks will be eliminated and those resources will be used for the newer expanded facilities. These parks will be used for athletic programs, open field play, and as satellite facilities when needed to accommodate program volume needs from the newer facilities in North Beach. These closings are a conscious effort by the department to effectively manage their resources and provide quality programming throughout the City. The City's Beach Patrol will be supplemented by a new Park Ranger program which will provide additional security and monitoring of our parks and beaches, improved customer service and enhanced public safety. This program will deploy 11 full-time Park Rangers throughout our parks and beaches and two part-time Park Rangers to provide support and relief. These enhancements are being funded through our community policing program from the Redevelopment Agency and with reallocated security funds from Parks and Recreation. As a result of thisprogram, it is recommended that the City close two lifeguard towers located on 81st and 83ra Streets and shift remaining area lifeguard towers located on 77th, 79th, and 85th Streets to provide coverage in the North Shore Open Space Park. It is also recommended that the Beach Patrol shifts be reduced from ten hours to eight hours during nine months of the year and that temporary lifeguard positions be reduced. The Public Works Department will also undergo a reorganization that will streamline the department and the services it provides. As a result, several enhancements are proposed. The Sanitation Division has consolidated litter routes allowing savings to fund two crews that will be dedicated to the operation of the new MadVac XL 600's and replace hand- sweeping crews in residential areas. Mechanization of this function will increase the frequency in these residential areas and allow the Division to reassign hand-sweeping crews to areas currently being cleaned on an as needed basis. This service enhancement continues to make the Division more proactive to litter control around the City. Additional savings will be used to fund the South Beach Service Team Superintendent position; who will act as a link between the business owners and the City of Miami Beach Departments. This enhancement is a vital part of the City's vision to consolidate the customer service FY 2003/04 Proposed Millage Rate July 30, 2003 Page 4 core, to restructure the organization to include a middle management layer and ensure the success of the Sanitation, South Beach Service Team. Additional enhancements in this department include the creation of an additional streetlight maintenance crew to maintain the newly constructed capital projects and provide adequate maintenance and repair of citywide lighting; the establishment of a waterway maintenance program that will address erosion, debris, seawalls and docks; increasing the stormwater drainage system cleaning capability through the use of additional contractual services; continuing the development of an Infrastructure Management System which will integrate all the maintenance efforts within the various divisions of Public Works Department into a centralized maintenance management system; and continuing the development of a City Geographic Information System (GIS) which would provide a detailed layered presentation of all maintenance, construction and infrastructure. In the Building Department, one Senior Building Inspector has been added to enhance our Building Code Compliance program on a proactive basis. In the Planning Department, and one additional Planner and an Office Associate III have been funded to staff the concurrency function that is being transferred from the Public Works Department. Additionally, a Code Compliance officer is being added to provide expanded community interaction in the areas of occupational license, certificate of use and resort tax. An enhancement in the City Clerk's Office will provide full funding of the Secondary Audio Program (SAP) in Spanish which will provide better communication with our Spanish- speaking residents through the live translation of City Commission meetings and various other City meetings on the City's government-access cable channel 20. STATUTORY REQUIREMENTS FS 200.065, entitled "Method of Fixing Millage" establishes specific guidelines that must be used by all local government entities in setting millage (property tax) rates. Under the statute, the City is required, within 35 days of receipt of the "Certification of Taxable Value" (received July 1, 2003), to advise the Miami-Dade County Property Appraiser of the proposed general operating millage rate, the calculated"rolled-back" rate and the date, time, and place of the first public hearing to consider the proposed millage rates and tentative budgets for FY 2003/04. The required Debt Service millage rate must also be set at the same time. After setting the proposed operating millage rate, the Commission may, at any time prior to the final adoption, lower the rates by adjusting priorities. Increasing the millage rate may only be accomplished by an expensive mailing and advertising process to every property owner on Miami Beach. FY 2003/04 Proposed Millage Rate July 30, 2003 Page 5 ANALYSIS OF PROPERTY VALUES IN MIAMI BEACH On July 1, 2003, the City received the "2003 Certification of Taxable Value" from the Property Appraiser's Office stating that the taxable value for the City of Miami Beach is $12,094,161,830, including $483,118,130 in new construction, which is the largest increase this City has experienced in its recent history. The preliminary 2003 value represents an increase of 16.5 percent over 2002's final value of $10,382,919,209. Alternately, the increase is 14.5 pement over 2002's preliminary value of $10,560,066,688. The difference of $177,147,479 between 2002's preliminary and final values represents the equalization loss of less than 1.7 percent due to appeals, etc. The comparative assessed values for the Miami Beach Redevelopment Agency South Pointe redevelopment district increased by $386,913,776 or 42.0 percent from $920,742,376 to $1,307,656,152. The assessed values in the City Center redevelopment district increased by $138,828,548 or 10.2 percent from $1,359,799,118 to $1,498,627,666. DETERMINING THE OPERATING MILLAGE LEVY The first building block in developing a municipal budget is the establishment of the vaiue 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 is determined by the 2003 Certification of Taxable Value and has been set at $12,094,161,830. Florida Statutes permit a discount of up to five percent for early payment discounts, delinquencies, etc. For the City of Miami Beach, the discount utilized is 3.5 percent. Therefore, the 96.5 percent value of the mill is $11,670,866. Preliminary budget estimates reveal that the current millage rate of 7.299 mills will be sufficient to fund a current, basic service level as it presently exists, and selected service enhancements, into the next year. The proposed millage rate of 7.299 mills will generate ad valorem tax revenues of $85,185,650 (of which $17,016,674 will be transferred to the Redevelopment Agencies) for a net revenue total of $68,168,976 in the General Fund. The total amount is $10,805,446 more than the prior year levy of $74,380,204 reflecting a 14.5 % increase. The net General Fund ad valorem budget has increased $7,118,062 (11.7%) from $61,050,914 to $68,168,976. DETERMINING THE DEBT SERVICE MILLAGE LEVY The debt service payment for FY 2003/04 is $10,200,337 and requires a tax rate of 0.874 mills. This rate is 0.149 mills, or fourteen and six tenths percent (14.6%) less than the FY 2002/03 rate of 1.023 mills. This rate includes the debt service of $62,465,000 of General Obligation Bonds which were sold and closed during July 2003. These bonds represent the FY 2003/04 Proposed Millage Rate July 30, 2003 Page 6 final issue of the $92,465,000 of bonds authorized by the voters in November 1999, completing this authorization. COMBINING THE OPERATING AND DEBT SERVICE MILLAGE LEVIES Illustrated below is a comparison of the combined millage rates and ad valorem revenues to the City of Miami Beach for FY 2002/03 (final) and FY 2003/04 (preliminary). Tax Rate Tax Levy FY 02/03 FY 03/04 Inc/(Dec) FY 02/03 FY 03/04 Inc/(Dec) General Operating 7.299 7.299 0.000 $73,132,455 $85,185,650 $12,053,195 Debt Service 1.023 0.874 (0.149} 10.249.966 10,200,337 (49,629) TOTAL 8.322 8.173 (0.149) $83,382,421 $95,385,987 $12,003,568 If these recommended millage rates are tentatively adopted, then the combined tax rate will decrease by 0.149 mills, or 1.79% less than the current year. The operating millage will remain constant, and debt service millage will decrease by 0.149 mills, or 14.6 pement. OPPORTUNITY TO ESTABLISH A MILLAGE FOR MAINTENANCE For the upcoming FY 2003/04 the City has an opportunity to establish a restricted account for the maintenance of City parks, streets, sidewalks, buildings and other facilities. This concept is in response to concerns expressed by our citizens throughout the development and implementation of our Capital Improvement Program and the Administration's desire to maintain the City in a "world class" manner. This opportunity would result in a restricted amount for FY 2003/04 of approximately $1.4 million to be used exclusively to provide for additional infrastructure maintenance over and above the $13.1 million already included in the City's Proposed FY 2003/04 Budget. The funding of this restricted account could be accomplished by adding the amount of the FY 2003/04 Debt Service Millage reduction (1.023 - 0.874 = 0.149 mills) to the FY 2003/04 General Operating Millage (7.299 + 0.149 = 7.448). Therefore, the Total City millage would not increase but would remain at 8.322 as it was in FY 2002/03. City property owners would pay the same total tax millage for FY2003/04 as they did in FY 2002/03. The chart below illustrates the "Millage for Maintenance" concept. "Millage for Maintenance" Tax Levy FY 02/03 FY 03/04 Incl(Dec) General Operating 7.299 7.448 0.149 Debt Service 1.023 0.874 (0.149) TOTAL 8.322 8.322 (0.000) FY 2003/04 Proposed Millage Rate July 30, 2003 Page 7 As assessed values in the City continue to rise over the upcoming years, the cost of debt service on outstanding general obligation bonds will be spread overa larger value resulting in a decrease in debt service millage each year. If the City were to continue this process, thereby, adding the decrease in debt service millage each year to the general operating millage until the amount of the millage associated with maintenance reached 0.5 mills, it would generate (based on today's value of a mill) a minimum of $4.6 million for additional infrastructure maintenance each year. 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. In FY 02/03, the Miami Beach portion of the total tax bill was 33.2 percent. The recommended millage rates for FY 2003/04 will place the Miami Beach portion of the tax bill at 32.99 percent based on tax rates announced by other jurisdictions. Revised FY 2003/04 tax rates may be considered by Miami-Dade County on September 3, 2003. The countywide tax rate will increase to 5.994 mills; the County's debt service will decrease to 0.285 mills. The Library District has announced that the millage will remain at 0.486 mills. While it is not possible to determine the exact amount returned in additional services, it should be noted that Miami-Dade County returned $10,788,150 during FY 2002/03 in tax-increment funds for the Redevelopment Agency and its two tax- increment districts. The Miami-Dade County School Board is scheduled to discuss its final tax rate on September 10, 2003 but has tentatively announced a rate of 9.100 mills; a decrease of 0.152 mills. The South Florida Water Management District has proposed no increase from the current rate of 0.697 mills. The South Florida Inland Navigation District has proposed no increase from the current rate of 0.039 mills. Illustrated in the following chart are the current and proposed tax rates for the multiple taxing authorities. FY 2003/04 Proposed Millage Rate July 30, 2003 Page 8 Adopted Proposed % % of FY 02~03 FY 03/04 Inc/(Dec) Change Total Miami Beach General Operating 7.299 7.299 0.000 0.00 32.99 Debt Sen/ice 1.023 0.874 (0.149) (14.57) Miami-Dade County Countywide Operating 5.889 5.964 0.105 1.78 27.31 Library 0.486 0.486 0.000 0.00 Debt Service 0.390 0.285 (0.105) (26.92) School Board 9.252 9.100 (0.152) (1.64) 36.73 Other 0.736 0.736 (0.000) (0.00) 2.97 Totals 25.075 24.774 (0.301) (1.20) 100.00 COMBINED MILLAGE LEVY IMPACT ON THE HOMEOWNER 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 2003, the CPI has been determined to be 2.4 percent and therefore, the increase is capped at 2.4% for increased values as of January 1,2003. The $25,000 homestead exemption is applied after the increase in value as follows: assuming that the average residential property in Miami Beach was valued at $200,000, that value is increased by the 2.4% to a new value of $204,800. The homestead exemption of $25,000 is then deducted, yielding a taxable value of $179,800. Using the proposed tax rates, that value is then taxed as follows: Proposed Millage for Taxing Millage Maintenance Jurisdiction @ 7.299 @ 7.448 0.874 0.874 8.173 8.322 Miami Beach $13.15 $39.94 Miami-Dade County 32.46 32.46 School Board 17.08 17.08 Other 3.52 3.52 Totals $66.21 $ 93.00 At the combined proposed millage rate of 8.173, the total dollars for both operating and debt service paid to the City when compared to the prior year's taxable value of $200,000 and 8.322 millage rate, would increase by $13.15. The overall taxes would increase by $66.21. This, of course, assumes that the other taxing jurisdictions adopt these millages. FY 2003/04 Proposed Millage Rate July 30, 2003 Page 9 For illustrative purposes, under the previously discussed "Millage for Maintenance" concept at the combined millage rate of 8.322, the total dollars for both operating and debt service paid to the City when compared to the prior year's taxable value of $200,000 and the FY 2002/03 8.322 millage rate, would increase by an additional $26.79. BUDGET RECOMMENDATION The Administration recommends that you adopt the operating millage rate of 7.299 mills and 0.874 mills for debt service, which will maintain current basic service levels, fund operational costs for projects as they come on-line, and fund enhanced service levels as possible. In addition, you may select any millage rate up to the constitutional cap of 10 mills. FIRST PUBLIC HEARING The first public hearing on the proposed millage rates and tentative budgets for Fiscal Year 2003/04 must be held no later than 80 days (September 18th) or earlier than 65 days (September 3rd) from the start of the TRIM ("Truth In Millage") calendar (July 1st). Other guidelines ars: 1) the public hearing cannot be scheduled on a Sunday or on those days utilized by Miami-Dade County or the Miami-Dade County School Board for their public hearings; and 2) if on a day other than Saturday, the public hearing must be after 5:00 P.M. Based on these guidelines, the first hearing must be held between September 3rd and September 18th. These dates are unavailable for the following rsasons: September 7 & 14 September 3 and 17 September 10 Sundays Miami-Dade County Public Hearings Miami-Dade County School Board Public Hearing Of the remaining days, it is recommended that the first public hearing be set for 5:01 P.M., Thursday, September 4, 2003 in the City Commission Chambers, City Hall, 1700 Convention Center Drive. I wish to take this opportunity to thank the Office of Management and Budget, the Finance Department, the Department Directors, Assistant City Managers, and all City personnel who worked so diligently on this budget. The Administration looks forward to continued assistance from the Budget Advisory Committee, the City Boards and Committees, and community groups upon release of the Proposed Budget and at the public hearings to be held in September. JMG:PDW:JC