95-21673 Reso RESOLUTION NO. 95-21673
A RESOLUTION OF THE MAYOR AND CITY COMMISSION
OF THE CITY OF MIAMI BEACH, FLORIDA, SETTING
THE AD VALOREM MILLAGE RATE FOR FY 1995/96,
FOR THE NORMANDY SHORES NEIGHBORHOOD
IMPROVEMENT DISTRICT, DETERMINING THE
CALCULATED ROLL-BACK RATE AND THE DATE, TIME,
AND PLACE OF THE PUBLIC HEARING ON THE MILLAGE
RATE AND BUDGET; FURTHER AUTHORIZING THE CITY
MANAGER TO TRANSMIT THIS INFORMATION TO THE
DADE COUNTY PROPERTY APPRAISER, AS REQUIRED BY
SECTION 200.065, FLORIDA STATUTES.
WHEREAS, Section 200 . 065, Florida Statutes, has specified the
method by which municipalities and special assessment districts may
fix the millage rate and adopt an annual budget; and
WHEREAS, the Normandy Shores Neighborhood District (District)
was established to provide special security services; and
WHEREAS, the District provides for a special millage to be
levied to cover the cost of the services and that no one property
shall pay more than $500 in ad valorem taxes .
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 transmission to the Dade County Property Appraiser, as
specified in Section 200 . 065, Florida Statutes :
1) That the proposed FY 95/96 ad valorem levy for
the Normandy Shores Neighborhood Improvement
District for providing security services is
1 . 116 mills .
2) The calculated roll-back rate is 1 . 110 mills .
3) The public hearing on the millage levy and the
proposed budget for Fiscal Year 1995/96 shall
be held on Wednesday, September 13 , 1995 at
5:30 p.m. , in the City Commission Chambers,
City Hall, 1700 Convention Center Drive, Miami
Beach, Florida.
PASSED and ADOPTED, this 26th day of uly, 1995 .
/I AliLd
ATTEST: ' '"1 RtnftROVFD
LEGAL DEPT.
CITY CLERK By
Kr,.x� Date _?�"' ��.
CITY OF MIAMI BEACH
CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139
COMMISSION MEMORANDUM NO. e-c 3` (S
TO: Mayor Seymour Gelber and
Members of the City Commission DATE: July 26 , 1995
FROM: Jose Garcia-Pedrosa F
City Manager t
SUBJECT:
A RESOLUTION SETTING THE AD VALOREM TAX LEVY FOR THE NORMANDY SHORES
NEIGHBORHOOD IMPROVEMENT DISTRICT, DETERMINING THE CALCULATED ROLL-
BACK RATE AND SETTING THE DATE,TIME AND PLACE OF THE PUBLIC HEARING TO
CONSIDER THE MILLAGE RATE AND BUDGET FOR FISCAL YEAR 1995/6.
RECOMMENDATION
The Administration recommends that the City Commission adopt the
attached resolution which sets the following:
1) Ad Valorem millage rate for the Normandy Shores Neighborhood
Improvement District at 1 . 116 mills .
2) The calculated roll-back rate is 1. 110 mills .
3) The public hearing to consider the proposed millage rate and
budget for FY 1995/96 shall be at 6 : 00 p.m. , Wednesday,
September 13 , 1995 .
Further, that the City Commission authorize transmission of the
above information to the Dade County Property Appraiser.
BACKGROUND
FS200 .065, entitled "Method of Fixing Millage" establishes specific
guidelines that must be used by all local government entities in
setting millage (property tax) rates . The process for setting the
millage rate for dependent special districts is similar to that for
the operating and debt service millages for the City. After setting
the proposed operating millage rate, the City Commission may, at
any time prior to the final adoption, lower the rate by adjusting
priorities. Increasing the millage rate may only be accomplished
by an expensive mailing and advertising process .
The proposed budget for the district has been presented for review
by the Chairman of the Normandy Shores Neighborhood Improvement
District Advisory Council .
•
AGENDA ITEM
DATE �� ba IS
Proposed Operating and Debt Service Millage
July 26, 1995
Page - 2 -
ANALYSIS
The Normandy Shores Neighborhood Improvement District was
established during 1994 to provide additional security to the
neighborhood. Funding is provided by a special ad valorem millage
levy on each property in the District, not to exceed $500 for any
one property. Based on the January 1, 1995 assessment roll, the
most expensive property in the District is valued at $447, 909 .
This value establishes the $500 limit, and provides for a millage
levy of 1 . 116 mills which is . 05 percent increase over the
calculated roll-back rate of 1 . 110 mills. The millage rate levied
for FY 1994/95 for the District is 1 . 117 mills . As of January 1,
1995, the total taxable assessed value of the District is
$48 , 243 , 888 and will provide ad valorem proceeds of $52 , 225 . The
total budget for providing security services, utilities and
maintenance is $90, 011 which is $5, 179 more than the FY 1994/95
budget, primarily as a result of higher than anticipated
maintenance costs. The difference of $37, 786 will be provided by a
contribution from the Normandy Shores Golf Course for its share of
the required security services and is $5, 179 more than the City' s
contribution for the current year.
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c/kaslyn/normandy.dl