077-1998 LTC
,Y OF MIAMI BEACH
CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH. FLORIDA 33139
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L.T.C. No. 77-1998
LETTER TO COMMISSION
June 3, 1998
FROM:
Mayor Neisen o. Kasdin and
Members of the City Co mission
Sergio Rodriguez $ ,
City Manager ~
TO:
SUBJECT:
1998 ASSESSMENT ROLL ESTIMATE
As required by Florida Statute, the Dade County Property Appraiser advised us that the 1998
Assessment Roll Estimate for the City of Miami Beach is $6,875,000,000. The preliminary
estimate provided on June 1, 1998 is for budget planning purpose only. The official assessment will
be released on July 1, 1998.
The June 1 st estimate represents an increase of 6.4% over the 1997 preliminary assessment of
$6,463,734,814. At this time, the estimate does not provide a break-out of new construction or for
the Redevelopment Districts.
~JC
attachment
cc: Executive Staff
OMB Staff
METROPOLITAN DADE COUNTY, FLORIDA
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STEPHEN P. CLARK CENTER
DEPARTMENT OF PROPERTY APPRAISAL
ADMINISTRATIVE DIVISION
SUITE 710
111 N.w. 1st STREET
MIAMI, FLORIDA 33128-1984
(305) 375-4004
FAX (305) 375-3024
June 1, 1998
Ms. patricia Walker
Finance Director
City of Miami Beach
1700 Convention Center Drive
Miami Beach, Florida 33139
RE: 1998 Assessment Roll Estimate
Dear Ms. Walker:
The following estimate is being provided in accordance with Florida statute
200.065(7) which states:
"(7) The Property Appraiser shall deliver to the presiding
officer of each taxing authority within the County,
June 1, an estimate of the total assessed value of non-
exempt property for the current year for budget
planning purposes."
The certification of Taxable Value (Form DR-420) will be delivered to all
taxing authorities on July 1. Receipt of these values on July 1 initiates
the statutory budget and millage calendar.
The month of June is the most active and concentrated period at the end of
the assessment cycle in terms of preparing the assessment roll for
completion by July 1. As such, the projections used in preparing the
figure provided below represent the best estimate available for measuring
the changes taking effect during June.
6,875,000,000
sincerely,
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j~~ W. Robbins
Property Appraiser