Resolution 86-18592 J
RESOLUTION NO. 86-18592
A RESOLUTION FIXING AD VALOREM MILLAGE AT 9.666 MILLS
FOR GENERAL OPERATING AND 4.005 FOR DEBT SERVICE AND
LEVYING TAXES FOR THE CORPORATE PURPOSES OF THE CITY
OF MIAMI BEACH, FLORIDA, FOR THE FISCAL YEAR
COMMENCING ON THE 1ST DAY OF OCTOBER, 1986, AND
ENDING ON THE 30TH DAY OF SEPTEMBER, 1987.
BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI
BEACH, FLORIDA, that, pursuant to the provisions of all applicable law, there be, and there
is hereby, levied a tax for the year A. D. 1986, 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 carrying on the government and the administration of
the City and to provide funds for the support and maintenance of the
several City departments, and, also, for appropriate reserves and
contingencies, including a reserve for the tax discounts and abatements of
uncollected taxes, 9.666 mills on the taxable non-exempt property in the
City of Miami Beach as computed by and certified to this City by
Metropolitan Dade County.
(b) For the purpose of paying principal and interest due on all outstanding
bonds and notes of the said City duly issued, and for a reserve for tax
discounts and abatements for uncollected taxes, 4.005 mills on the dollar of
the taxable non-exempt just valuation for all said property in said City as
computed by and certified to the City by Metropolitan Dade County.
BE IT FURTHER RESOLVED BY THE CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, that said general operating millage of 9.666 mills is an increase
of 10.13% over the "rolled-back" rate.
PASSED and ADOPTED this 17th day of September, 1986.
MAYOR
Attest
CITY LERK
M! APPROVED
LEGAL DEPT.
By lir lr�.iiu
buNir
Date R- -��"!
ORIGINAL
RESOLUTION NO. 86-18592
(Fixing Ad Valorem Millage at 9.666 Mills
for General Operating and 4.005 for Debt.
Service and levying taxes for the corporate
purposes of the City of Miami Beach, Fla.
for the fiscal year commencing on the 1st
day of October, 1986, and ending on the
30th day of September, 1987)