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Notice of Proposed Tax Increase Budget SummaryCITY OF MIAMI BEACH NOTICE OF PROPOSED TAX INCREASE The City of Miami Beach has tentatively adopted a measure to increase its property tax levy Last years property tax levy A Initially proposed tax levy 152007177 B Less tax reductions due to Value Adjustment Board and other assessmentchanges 4042686 C Actual property tax levy 147964491 m f This years proposed tax levy 152229784 All concerned citizens are invited to attend a public hearing on the tax increase to be held on Wednesday September 17 2008 501 PM at 1700 Canventi9n Center Drive City Hall Commission Chambers 3rd Floor Miami Beach Florida 33139 A FINAL DECISION on the proposed tax increase and the budget will be made at this hearing BUDGET SUMMARY CITY OF MIAMI BEACH -FISCAL YEAR 200809 THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF MIAMI BEACH ARE 83 MORE THAN LAST YEARS TOTAL OPERATING EXPENDITURES G o peer 1NiERNnE GENEPAI SEAWCE RpA EN6EAPNSE SEOACE FUND NNp -NNE NNp FUNpS TOTAI CASX BAWICE BROUGII4 FOIIWARp EEpMATEp REYFNiiS 0 8 0 04312 000179 360 S8991 190 Taxes Millage Per1 COp AE Valorem5 55 OpemtlnA125 9382041050 335 0 013790 539 Atl ValoremOT277lNam Oareal98 93199 991 AO Valoremp23 54YOh9 pebQ 60690199069 019 Franchise10541 200-10 511 200U1ilily13 46055073 1W 550 convamion pevemDmemp asoe3pe 1seo eeo licenses antlPerm8514 0004210 90 042In@rgovemmental 10 0010202 40516812 108 589 ChNAes farServroz11 65981122 52222O d88360191 BB9 Sfi3 Fines antlFOtleiWres20 50002 Ip5 000ImerestFarnings6 3100002 469450 80000 9 09p50 Aen15 antlLeaaes4 403 002 1A83A02M6cellaneous 105552346 60 516360 1057 3 93ONer HnancingSources29 0299029 027 990TOTAIREVENUES ANOOIXF R Fl9UURU16SOURCE236 11192550 0090191 850336139 49351049 9429113 308 51lOrPI ESTIMATED REVENUES AXO9NANCFS5236 111975-58 068M9ft1 85035138 90810 559563A99fW9 109 s7I ExPE7lpnuRFiExrEraE GeneralGovernment 34469 551 E 0 0048 19 395f820 0 8 PublicSafety145 421911A5 O71BI PoysiWlFnmmnmen1 62194 fi450812566 207 819imraportalim d 2fi19625 108562- 7097038 EwrromicEnvimnmenl10 154 1850 335 10 92151MHuman Services1250091 250 0 9Cu9ure6Recrea4im 3332349fi 15643661 18 991 30 NormantlyShomsOigrlcf 15228 152 2 8DeM Service1915222 6069019 1509369 237503 75 53631 Other RnancingUSearCaDOalTrdnmms11 31994 1131897a7OTALEU EROINRFSFPFIISES 5234811925 56069019 ftA50335 5121032 235f50S60 088 a3032Qfip2ComingencylNeserves 1 300 810001 4 05019 014 05iI1TAl APABPRMTEO F WEIIWTURESAHpRESERVES 5236111925 fOMb19 f1703 5138908310 550563089 fW9 IW8nTNETENTATWEADOPTEO ANpDRFl4NL BUOGET MEON FILE IN THE OFFICE OfTHEABOVE MEN110NE0iAlJNGAU910AITY05A1iGHECORp