Loading...
R7B1-Adopt Final Ad Valorem Millage For Normandy Shores Local GovCOMMISSION ITEM SUMMARY Condensed Title: A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE FINAL AD VALOREM MTLLAGE RATE OF 1.130s M|LLS FOR FTSCAL YEAR (FY) 2014115 FOR THE NORMANDY SHORES LOCAL GOVERNMENT DISTRICT, WHICH lS ONE PERCENT (1.0%) LESS THAN THE'ROLLED-BACK'RATE OF 1.1391 MILLS. lntended Outcome lncrease visibility of police; Maintain crime rates at or below national trends Supporting Data (Surveys, Environmental Scan, etc.): ln the 2014 Community Survey, both residents and businesses reported the following areas for the City to address in an effort to improve public safety:o Neighborhood safety during the day (Residents: 98%)o Neiohborhood safetv durino the eveninq/niqht (Residents: 88%) Item Summarv/Recommendation : The FY 2014115 proposed budget is $222,000. The proposed budget provides for continual 24-hour security and includes two line items which were requested and approved by the Normandy Shores Neighborhood District Homeowners' Association on July 11, 2014. These include $10,000 for security camera upgrades to the North Shore-Fairway entrance; and $10,000 for potential additional costs related to the securitygate project. The proposed budget is 1% ($3,000) lowerthan the FY 2013114 adopted budget. The proposed ad valorem millage recommended by the Administration is 1.1305 mills. This millage rate will fund the proposed budget for the district. This millage rate is 0.1382 mills (10.9%) lower than the FY 2013114 adopted millage of 1.2687. This tax levy would generate proceeds of $151,900 ($144,300 at 95%). The FY 2014115 proposed millage rate will require a majority vote. The rolled-back rate is the millage rate required to produce the same level of property tax revenue on FY2014115ascollectedinFY2O13l14. Therateiscalculatedasl.l39l,or0.l296millslessthanthe millage rate adopted for FY 2013114. The first public hearing on the District's tentative millage rate and budget for FY 2014115 was held on September 10,2014. The millage rate presented herein is that which was tentatively adopted at the end of the first ino held on that Financial lnformation : Source of Funds: Amount Account 1 2 OBP!Total Financia! lmpact Summary The July 1, 2014 Certification of Taxable Value from the Miami-Dade Property Appraiser reflects a 10.7 percent increase in property tax values from the July 1, 2013 tax roll certification. The proposed millage rate for the FY 2014115 budget results in property taxes of $151,900 in the Normandy Shores Neighborhood District Homeowner's Association ($144,300 at 95%). AGETTTBA nan R7B /& A/TIAMIBEACH sa76 ?'.3O'/{175 g MIAMIBEACH City of Miomi Beqch, 1700 Convention Center Drive, Miomi Beoch, Florido 33 139, www.miomibeochfl.gov COMMISSION MEMORANDUM TO: FROM: DATE: SUBJECT: ADOPTING THE FINAL AD VALOREM MILLAGE RATE OF 1.1305 MILLS FOR FtscAL YEAR (FY) 2014t15 FOR THE NORMANDY SHORES LOCAL GOVERNMENT DTSTRTCT, WH|CH tS ONE PERCENT (1%) LESS THAN THE..ROLLED.BACK" RATE OF 1.1391 MILLS. ADM! NISTRATION RECOMMENDATION The Administration recommends that the Mayor and City Commission, acting in its capacity as the Board of Directors for the Normandy Shores Local Government Neighborhood lmprovement District, adopt the attached resolution which authorizes the City Manager to transmit the following information to the Miami-Dade County Property Appraiser: 1) The final adopted millage rate of the Normandy Shores Neighborhood lmprovement District for FY 2014115: General Operating 1 .1 305 mills (0.1 382 decrease from last year) 2) The final adopted millage rate of 1.1305 mills is 1% less than the "Rolled- Back" Rate of 1.1391 mills. The first public hearing on the tentative District millage rate and budget for FY 2014115 was held on September 10, 2014. The millage rate herein is that which was tentatively adopted at the end of the first public hearing on that day. BACKGROUND The Normandy Shores Local Government Neighborhood lmprovement District, a dependent taxing district of its principal, the City of Miami Beach, was established in 1994 to provide continual 24-hour security to this gated community; FY 2014115 represents its twenty-first year of operation. It was established by Ordinance 93-2881, and has the authority "to levy an ad-valorem tax on real and personal property of up to two mills, provided that no parcel of property will be Mayor Philip Levine and Members of City Jimmy L. Morales, City Manager September 30,2014 A RESOLUTION OF THE SHORES LOCAL GOVERN D OF DIRECTORS OF THE NORMANDY RHOOD IMPROVEMENT DISTRICT 176 FY 2014115 Normandy Shores Final Millage Rate September 30,2014 Page 2 of 3 assessed more than $500 annually for such improvements". During FY 1998/99 the amount of annual funding to be provided by the City and the dependent status of the District were issues discussed by the Finance and Citywide Projects Committee. A determination was reached that the City would fund 35% of the annual cost of the operation of the community gate guard. This cost will eventually be funded from the golf course operation of the Normandy Shores Golf Course. lt was further agreed that the City would continue to supplement the District at current levels until both issues were resolved. On August 29, 2002, the Administration met with the Normandy Shores Local Government Neighborhood lmprovement District representatives and agreed to eliminate the $500 cap on the highest valued home in the District. The enabling legislation was adopted by the Commission on September 25, 2002. This ensures that the City's contribution from the General Fund remains at35o/o of the operating budget of the District. PROCEDURE The operating millage and budget for this dependent special taxing district must be adopted in accordance with Florida Statutes. This procedure requires that this Resolution be considered immediately after the millage and budget of the principal taxing authority, i.e., City of Miami Beach. It also prescribes that a final millage be adopted first. This is accomplished by adopting a Resolution which states the percent increase or decrease over the "Rolled-back" rate, the percentage increase, and the millage rate be publicly announced before adoption of the millage resolution. Following this, another Resolution which adopts the final Normandy Shores District operating budget must be approved. (See accompanying District Budget Agenda item for details). ANALYSIS On July 1, 2014, the City received the 2013 Certification of Taxable Value from the Property Appraiser's Office stating that the taxable value for Normandy Shores is $134,363,196 which includes an increase of $91,358 in new construction, renovation, etc. The preliminary value represents an increase of $13,023,331 from the July 1,2013 Certification of taxable Value of $121,339,865 (10.7 percent) and an increase of 1 1 .5 percent over 2013's July 2013 value of $120,557,974. !t is important to note that the January 1,2013 tax roll for Normandy Shores decreased by almost $782,000 (0.6%) between the July 1, 2013 valuation and the July 1 ,2014, due to appeals, adjustments, etc. FY 2014115 Budget The current service level budget reflects budget increases or decreases necessary to provide the current level of services in the coming year. The FY 2014115 budget totals $222,000 and includes two line items which were requested and approved by the Normandy District Homeowners'Association on July 11,2014. These include $10,000 for security camera upgrades to the North Shore-Fainruay entrance; and $10,000 for potential additional costs associated with the new gate. The budget is 1% ($3,OOO1 lower than the FY 2013114 177 FY 2014115 Normandy Shores Final Millage Rate September 30,2014 Page 3 of 3 adopted budget. The ad valorem millage recommended by the Administration is 1.1305 mills. This millage rate will fund the current service level budget for the District. This millage rate is 0.1382 mills (10.9%) lower than the FY 2013114 adopted millage of 1.2687. This tax levy would generate proceeds of $151,900, which will be budgeted at95o/o, $144,300. The rolled-back rate is the millage rate required to produce the same level of property tax revenue on FY 2014115 as collected in FY 2013114. The rate is calculated as 1.1391, or 0.1296 mills less than the millage rate adopted for FY 2013114. The rolled-back millage rate tax levy would generate proceeds of $153,059. The difference between the current service level and rolled-back rate levy is $1,165. The adoption of the current service level millage of 1.1305 would require a majority vote of the Commission. Further, pursuant to State Statute, the City may elect to approve millage rates above the rolled-back rate up to the constitutional cap of 10 mills subject to the following votes by the Commission or referendum : . Option l: A majority of the approval of the Commission Millage is required to approve a millage up to 1 .1750 (equivalent to a 1.69% increase in Property Tax revenues). The 3.15o/o increase is the state per capita personal income gain for the prior calendar year. . Option ll: A two-thirds approval (5 of 7 votes) of the Commission is required to approve a millage up to 1.2925 (equivalent to a 10% increase in Property Tax revenues above Option l). . Option lll: A unanimous approval of the Commission or referendum is required to approve a millage above 1.2925 mills The proposed rate of 1.1305 requires a majority approval (4 of 7 votes) of the Commission. It must be noted that in accordance with State Statute, there is a 10 mill operating cap which cannot be exceeded without voter approval. Combining both millages from the dependent district (1.1305) and the principal taxing authority (6.0237) totals 7.1542 mills, which is 2.8458 mills less than the 10 millcap. The first public hearing on the tentative District millage rate and budget for FY 2014115 was held on September 10, 2014. The millage rate presented herein is that which was tentatively adopted at the end of the first public hearing on that day. CONCLUSION The City Commission, acting in its capacity as the Board of Directors of the District, should adopt the attached Resolution which establishes a final millage. JLM/JWe 178 RESOLUTION NO. A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE FINAL AD VALOREM MTLLAGE OF 1.1305 M|LLS FOR FISCAL YEAR (FY201411s FOR THE NORMANDY SHORES LOCAL GOVERNMENT DISTRICT, WHICH IS oNE PERCENT (1.0%) LESS THAN THE "ROLLED-BACK" RATE OF 1.1391 MTLLS. WHEREAS, for the purpose of providing security services within the Normandy Shores neighborhood area, the Mayor and City Commission adopted Ordinance No. 93-2881 on October 20,1993,which authorized the creation of the NormandyShores Local Government Neighborhood lm;irOvement District (District); and WHEREAS, Section 200.065, Florida Statutes, specifies the method by which municipalities may fix the operating millage rate and adopt an annual budget for dependent taxing districts; and WHEREAS, the maximum millage that can be approved by a simple majority (4/7) vote is 1.1750; anything beyond that requires a 5/7th' vote; and WHEREAS, on July 23,2014, the City Commission, following duly noticed public hearing, adopted Resolution 2014-28675 which set the proposed operating millage rate for the District at 1.1305 mills for the purpose of providing security services within the District; and WHEREAS, accordingly, on September 1A,2014, pursuant to Section 200.065 of the Florida Statues, the City Commission, acting as the Board of Directors of the District, held its first duly noticed public hearing to consider the Tentative Ad Valorem Millage and Tentative Operating Budget (FY 2014115) for the District; and WHEREAS, accordingly, on September 30,2014, pursuant to Section 200.065 of the Florida Statues, the City Commission, acting as the Board of Directors of the District, held its second duly noticed public hearing to consider the Final Ad Valorem Millage and Final Operating Budget (FY 2014115) for the District; and NOW THEREFORE, BE IT DULY RESOLVED BY THE BOARD OF DIRECTORS OF THE NORMAN DY SHORES LOCAL GOVERN ME NT N EIGHBORHOOD IMPROVEM ENT DISTRICT, that, following a duly noticed public hearing on September 30, 2014, the Board herebyadopts the Final Operating Millage rate of 1.1305 mills for the District for FY 2014115, which is one percent (1 .OYo) less than the "Rolled-back" rate of 1 .1391 mills. PASSED and ADOPTED this 30th day of September 2014. ATTEST: Chairperson of the District APPROVED AS TO .FORM & LANGUAGE & FOR EXECUTIONSecretary to the District .-.---- ^ A -l_r.-!LU",L r-11-<k City AttomeY Date179 t4lAlll !$itD- l llqnttrmi{,Sgt, TCIAMIBT&CH CITY OF MIAMI BEACH NONCE OF PUBLIC HEABINGS NOTICE lS HERESY given that Public Hearings will be held by the Mayor and City Commission of th€ City of Miami Beach, Florida, in the Commission Chambers, 3rd floor. City Hall, 1700 Convention Center Drive. Miami Beach, Florida, on Tuesday, September 3Q 2Ot4, ta consider the fotiowing: 5:tl p.m, Adopt Final AdValorem Millage for General Operating Purposes A Resolution Adopting: l) The Final Ad Valorem Millage Of 5.7942 Mills For General Operating Purposes.Which lsThirteen And Four-Tenths Percent (13.4%) MoreThanThe "Rolled-Back" Rate Of 5.1076 Mills; And 2)The Debr Service Millage Bate Of 0.2295 Mills For FiscalYear (FY) 2014115. lnquiries may be dirccted to the Eudget & Performance I mp rove men t Of fice a t 305.673.75 I 0. 5:01 p.m. Adopt Final Budgets For General, G.O., RD& Enterprise, lnternal Service.And Special Revenue Funds A Fesolution Adopting Final Budgets ForThe General, G.O. Debt Service, ROAAd ValoremTaxes, Entergrise, lnternal Service Funds, and Special Revenue Funds For Fiscal Year tFy) 2014/15. lnquiries may be directed tothe Budget & Performance lmprovement Office at 3A5.673.751A- 5:(}2 p.m. Adopt Final AdValorem Millage for Normandy Shores Local Government A Resalution OfThe Board Of Directors OfThe Normandy Shores Local Government Neighborhood lmprovement District AdoptingThe Final Ad Valorem Millage Rare Of 1,1305 Mills For FiscalY€ar (FYJ 2firy15 ForThe Norryratrdy Shores Local Government Disirict,Which ls One Percent {1%) LessThanThe "Rolled-Back" Rate Of 1.1331 Mills. lnquiries may be directed to the Budget & Pedormance lmprovement Office at 305.673.75fi. 5:02 p,m, Adopt Final Operating Budget For Normandy Shores Local Governmenl A Resolution OlThe Board Of Directors OfThe Normandy Shores Local Govemment Neighborhood lmprovement District AdoptingThe Final Operating Budget For Fiscal Year (FY) 2014115. lnquiries may be directed to the Eudgei & Performance lmprovefient Office at 305.673^7510. 5:fi1 p.m. Adopt Final FY 2014/1 5-2018119 Capital lmprovement Plan & Capital Budget A Resolution Adopiing The Final Capital lmprovement Plan For Fiscal Years (FY) 2014i15-2018119 And AdoptingThe City Of Miami Beach Final Capital Budget For (FY) 2014115. lnquiries may be directed to the Budget & Performance lmprevement Office at 345.673.V510. lnterested parties are inyited to appearatthis meeting, or be represented by an agent, or to express their views in writing addressed to the City Commission, c/o the City Clerk, 1700 Convenlion Center Drive. lst Floor. City Hall, Miami Beach, Florida 33'139. Copies ofthese ltems are available for public inspection during normal business hours in th€ City Clerk's Office, 1700 Convention Center Drive, 1st Floor, City Hall, Miami Beactr, Florida 3313g.This meeting. or any item therein, may be continued, and under such circumstances, additional legal notice need not be provided. Pursuant to Section 286.0105. Fla. Stal.. lhe City hereby advises the public that if a person decides to appeal any decision made by the Ciry Commissior with respect 10 any matter considered at its meeting or its hearing, such person must ensure that a verbetim record ofthe proceedings is made, whictr record includes the testimony and evidence upon whidr the appeal is to be based.This notice does not consiitute aonsent by the City for the iotroduction or admission of otherwise inadmissible or irrelevant evidence. nor does it aulhorize drallenges or appeals no! othenaise allowed by lau To request this material in accessible format, sign language interpreters. information on access for persons with disabilities and/or arry accommodation to review any document or participate in any Cily-sponsored proceeding, please contacl us five days in advance at 305.673.741'1(voice) orTTY users may also call the Florida Relay Service ar 711. Rafael E. Granado, City Clerk City of Miami Beach s35 180