93-20890 Reso RESOLUTION NO. 93-20890
A RESOLUTION OF THE MAYOR AND CITY COMMISSION
OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING
THE TENTATIVE AD VALOREM MILLAGE OF 8.238
MILLS FOR GENERAL OPERATING PURPOSES WHICH IS
THE SAME AS THE, TROLLED-BACK" RATE OF 8.238;
AND 2.311 MILLS FOR DEBT SERVICE FOR THE CITY
OF MIAMI BEACH, FLORIDA, FOR FISCAL YEAR
1993/94 SUBJECT TO A SECOND PUBLIC HEARING AT
5:01 P.M. , WEDNESDAY, SEPTEMBER 22, 1993.
BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, that, pursuant to Florida Statutes
200. 065 there is hereby levied a tax for the Fiscal Year 1993/94,
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 8. 238
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 herein reflected is the same
as the "rolled-back" rate of 8.238 .
(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 2 .311 mills.
BE IT FURTHER RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE
CITY OF MIAMI BEACH, FLORIDA, that the tentative adopted millage
rates for the City of Miami Beach, Florida for FY .1993/94 is
subject to a second and final public hear'ng at 5: 01 pm, Wednesday,
September 22, 1993 in the City Commissi Chambers, City Hall, 1700
Convention Center Drive, Miami Beach.
PASSED and ADOPTED this 14th day f September, 93 .
MAYOR
ATTEST:
CITY CLERK
FORM APPROVED
PFL:DJJ:me LE A PT.
By
Date 9 // �3
•
CITY OF MIAMI_ BEACH
CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139
OFFICE OF THE CITY MANAGER TELEPHONE: (305) 673-7010
FAX: (305) 673-7782
COMMISSION MEMORANDUM NO.
- 3 •
TO: - Mayor Seymour Gelber and DATE: sept. 14 , 1993
Members of the City Commission
FROM: Roger M. Cart o 1
City Manager
•
•
SUBJECT: A RESOLUTION ADOPTING : 1) THE.TENTATIVE.AD VALOREM MILLAGE OF 8.238
MILLS FOR GENERAL OPERATING PURPOSES WHICH IS' THE SAME AS THE
"ROLLED BACK" RATE OF 8.238 MILLS; 2) THE DEBT SERVICE MILLAGE RATE OF
2.311 MILLS; AND,3) SETTING 5:01 P.M.,WEDNESDAY,SEPTEMBER 22, 1993 FOR .
THE SECOND PUBLIC HEARING TO CONSIDER THE MILLAGE RATE AND BUDGET
FOR FISCAL YEAR 1993/94.
RECOMMENDATION
The Administration recommends that the City Commission' adopt the
• attached resolution which sets the following:
. 1) Tentatively adopted millage rates for FY 1993/94
General Operating 8 . 238. mills ( 9 . 302 last year) • .
Debt Service 2 . 311 mills ( 2 . 545 last year)
Total 10. 54.9 mills (11.847 last year) •
2) The tentatively adopted millage rate of 8 . 238 mills is the
same as the "rolled-back" rate of 8.238 mills.
3) The second public hearing to consider the proposed millage
rates and budgets for FY 1993/94 shall be at 5: 01 p.m. ,
Wednesday, September 22, 1993 in the City Commission Chambers,
City Hall, 1700 Convention Center Drive.
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: '
1. Adopt a tentative ad valorem millage rate for FY 1993/94
operating purposes.
This is accomplished by adopting a Resolution that includes
the percent increase or decrease over the "rolled back" rate;
the required Debt Service millage rate; and,, •the date, time,
and place of the second public hearing.
Further, this Resolution must be read aloud, in its entirety,
prior to adoption.
2 . Adopt a tentative general operating budget for FY 1993/94 .
Also included, are budgets for the Enterprise and Internal
Service Funds. This is accomplished by adopting a companion
Resolution. (See accompanying Agenda Item R-7-B) .
Both the millage and budget Resolutions must be adopted again of,er - 1
a second and final public hearing.
AGENDA _
ITEM
• DATE 9 - 41 1 3