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R7B1-Adopt Final Ad Valorem Millage for Normandy Shores Local GovernmentCOMMISSION 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 MILLAGE RATE OF 1.1305 MILLS FOR FISCAL YEAR (Fy) 2014t15 FOR THE NORMANDY SHORES LOCAL GOVERNMENT D|STR|CT, WHTCH rS 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 Neighborhood safety during the evening/niqht (Residents: 88%) Item Summary/Recommendation : The FY 2014115 proposed budget is $222,000. The proposed budget provides for continual24-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 security gate project. The proposed budget is 1% ($3,000) lower than 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 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. This item was originally adopted on September 30, 2014. On November 17, 2014, the Florida Department of Revenue (DOR) officially notified the City of Miami Beach that we are not in compliance with Truth-in-Millage (TRIM) law due to an error in the Budget Summary advertisement posted in the Miami Herald on September 25, 2014. Per DOR's requirements, this item will re-adopt the final ad valorem millage rate for the Normandy Shores LocalGovernment District. Financial lnformation : Source of Funds: r@r Amount Account I 2 OBPI Total Financial 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 e5%). (s MIAMIBHAflH ,TWr R1 B / 108 g MIAMIBEACH City of frtiomi Beoch, 1700 Convention Center Drive, Miomi Beoch, Florido 33 139, www.miomibeochfl.gov COMMISSION MEMORANDUM TO: FROM: DATE: SUBJECT:OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE FINAL AD VALOREM MILLAGE RATE OF 1.1305 MILLS FOR FrscAL YEAR (FY) 2014115 FOR THE NORMANDY SHORES LOCAL GOVERNMENT DISTRICT, WHTCH tS ONE PERCENT (1%) LESS THAN THE..ROLLED.BACK" RATE OF 1.1391 MILLS. TRIM COMPLIANCE This item was originally adopted on September 30,2014. On November 17,2014, the Florida Department of Revenue (DOR) officially notified the City of Miami Beach that we are not in compliance with Truth-in-Millage (TRIM) law due to an error in the Budget Summary advertisement posted in the Miami Herald on September 25, 2014. Per DOR's requirements, this item will re-adopt the final ad valorem millage rate for the Normandy Shores Local Government District. ADMINISTRATION 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 (0.1382 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 second public hearing was held on September 30, 2014. Mayor Philip Levine and Mem Jimmy L. Morales, City Manager December 2,2014 A RESOLUTION OF THE mrssron 109 FY 2014115 Normandy Shores Final Millage Rate December 2,2014 Page 2 ot 4 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. !t was established by Ordinance 93-2881, and has the authority "to levy an ad-valorem tax on real and personal property of up to tvro mills, provided that no parcel of property will be 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. lt 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. 110 FY 2014115 Normandy Shores Final Millage Rate December 2,2014 Page 3 of 4 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-Fainrvay entrance; and $10,000 for potential additional costs associated with the new gate. The budget is 1% ($3,000) lower than the FY 2013114 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 2013/14 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{hirds 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 !). . 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 mil! cap. 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. 111 FY 2014115 Normandy Shores Final Millage Rate December 2,2014 Page 4 of 4 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/JW @ 112 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 MILLS FOR FISCAL YEAR (FY 2014115 FOR THE NORMANDY SHORES LOCAL GOVERNMENT DISTRICT, WHICH IS oNE PERCENT (1.0%) LESS THAN THE "ROLLED-BACK" RATE OF 1.1391 MILLS. 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 !mprovement 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 thatcan be approved bya simple majority(4/7) vote is 1.17lI'anything beyond that requires a Sflth'vote; and WHEREAS, on July 23,2014, the City Commission, following duly noticed public hearing, adopted Resolution 2O14-28675 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 10,2014, 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 considerthe 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 and passed and adopted Resolution No.2014-28761 which adopted the Final Ad Valorem Millage (FY 2014115) for the District; and WHEREAS, on November 17, 2014, the City of Miami Beach received the Florida Department of Revenue's (DOR) notice that the City of Miami Beach was not in compliance with Truth-in-Millage (TRIM) law due to an error in the Budget Summary advertisement published in the Miami Herald on September 25,2014; and WHEREAS, a special City Commission meeting to hold the new final hearing as provided in DOR's notice has been scheduled for December 2,2014 and has been duly advertised; and NOW THEREFORE, BE IT DULY RESOLVED BY THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT, that, following a duly noticed public hearing on December 2,2014, the Board hereby adopts the Final Operating Millage rate of 1.1305 mills for the District for FY 2014115, which is one percent (1.Oo/o') less than the "Rolled-back" rate of 1.1391 mills. 113 PASSED and ADOPTED this 2nd day of December 2014. Chairperson of the District ATTEST: Secretary to the District ,^r'f APPROVED AS TO FORM & IANG 114 EB I SATURDAY, NOVEMEER 22.2014 Ffl t.p_gat &-$ra]:e-_$iamilrydd.eo'n I HlAltl XERAD :"--.-." I-- MIA\AIBEACH I crrY oF innm EEA0H I NOTICE OF PUBLIC HEAHINGS I NOTICE lS HEBEBY siven thar Public Hearings will be held by the Mayor and I Citv Commission of the Ciw ol Miami Beach, Florida, in the Commission I Chimbers,3rd floor, Citv Hail, 1700 Convention Center Drirre, Miami Beach. I Florida, on Tuesday, De&mber 2, 2O14 ro considerthe following: I S:0I p.m. IA ReSolutionAdoptins: t)The FinalAdValorem Millage Of 5'7942 Mills Fot I General Operating Purposes, whidr lsThineen And Four'Tenths Percent I {13.a%} MrireThaiTrre'Rolleo-Back' Rate Ot 5.1076{tilills;And ?}The Debt I Servicd Mitlage Rate Of 0.2295 Mills For FiscalYear {FY} 201#15' tnquides iy1l-* ljr-q*ed b the Eudget & Peiormance lmprovemenr Offbe at' 3M.673.7514. 6:01 p.rn. A Re-solution Adaptiag Firlal &Jdg€ts forThe GEnerat, G.O' Debt Selice. ROA Ad ValoremTax6s, Enterpr.ile, lnternal Service Funds, and Speclal Bsrenue funds For FiscalYear (FYi 2014115. lnquiries maY bc directed to 'the Eudget & Fertorrfianee lfiprevefiefit tltfifs at 305,6737514 5:04 p.m. A Rescdution OfThe Eoard Of Directors OfThe Normandy Shores Local Govemment Neighborhood lmprovement District Adopring The Final Ad Valorem Millageiate Ol 1,13od Mills For FiscalYear IFY) 2014/15 ForThe Normandy Shires Local Government District, Whictr ls One Percent (1.ffi6) LessThan?he *Rolled-Bac*" Rate Of 1.1391 Mills. ,nguirres rnaY be directed b rfi6 Sudger& Fedofirlanrs lmprovemant Ot ice * 305.673,75t0. 5{P p.m. A Reio{utioo Of The Board Of Oirectors ffThe Normaady Shores Local Government Neighborhood lmprorement District Ado$ing The Final Operating Budget?or FiscalYear (m 2fi4J15. laquiries may be direded to the &udget & furtorman* lmprovemenr Olf6a ,.305.S7375rS. B:ftl p.m. A Rdsolution Adootino The Final Caoital lrnorovernent Plan For Fiscalyeaii tryl 20r4lt2o*n9 And Adopiins The-citv of Miami Beach Final Cipitai atiOset For IFY) 201ru15 . tnqiiriei may ae dirccted ta the Eudget & Pe rfo rm a nce lm p rovem e nt Oflice et 345.67 3.75 rc. 5:(X prn. A Ed.solution Of The Chairoerson And lllemb*rs Of The Miarni Bea*t Redevelopment Agency, A'dopting And Appropriallng The Operaring Budget Far The City Center hed6velopmeiri Area, The Andror Shops And-Parkino Garaoe. And The Pennsvlvania Aveilue Shops And Parking Garaoe For-FiscalYedrr 201415. lnouiries mav be directed totheAudget & Perta-rmance lmproveme$ Affhe at 3ffi.673.751A, 5:05 p.m, A fidsolution Ot The Chairnersor And Memb€rs Of The Miami Beach Bedevelopment Agenc,y (RDAI, Adopting And Appropriaring The-Miami Beach fteievelcprierx Agenca Capitil Budget foi Fiscal Year {FYl 3qlg1l And Adopting ihe C*pliat trirprdvement Flan For Fiscal Years 2014115 Through 2Ot#tS. lrqr;iiies mli be direaed ta the Eudget & Ferfarmance lm praiemenr Affi*e *.305"673.75'{A. 5:06 p.rn. A Bi:olurion AdaFxint ThE First Ametdment To Tho Captral Budga-r For Rscal Year {FYi 20T4/15. tnquiries may be directed to the Budget & Pedofinar$e lrnproveme$ Affice at 3ffi.673.7510. lnterested Danies are invired to appeat fi this meering, or be represented bv an aoeit, or to express th€ir i;e$ts in wrhing addressed to the City Ci:mmisiion, c/o the City Clerk. 1?00 ConvenrioriCeoler Driv6, 1o Floor. Ciw Hall, Miam! Beach, Florida a313i:|. Copies of these items are available for'oublic inso€ction ilurina normal buiiness hours in the City Clerks Offiie, 1700 ionvention Ceiter Drive, ls Floor, City Hall, Miami qeacfi. Florid; 33139.This meeting, or any hem therein, may be continued, and under sudr circumstances.looit;onal legal notice need not be provided. fursuant to Section 286.0105, Fla. StaL, the City hereby advises thE public thatita person decideslo appeal any decision fi ad€.byihe CiryCommission wkh reipea to arry mattei bonsidered at its meeting or its hearing, sudr oerson must ensuie that a verbatim record of the proceedings is made, whictr record includes the testimony and evidence uPon which lhe appeal is to be based. This notice does not constitute aonsent by the CitY for the introdueilon or admission ol odrenirise inedmissibletr itrslsvam svidencs, nor does it authoriee challenges arappeals n*'t *ther&,is* alrowed by law. To reguestthis material inalternatetormat.sign languageinterpleterifive- dav nblice requiredl, information on access lor persons n,ith disabilities, ani/or anv aciomm6dation to revielv anv docurient or panicipate in arry Citv-sooniored oroceedinos, call 305.604.2489 and sellct 1 for English or 2 f6r Spanish, then option 6;TTY users may call via 711 {Florida Relay $ervicel. Hafael E. Granado, CitY Cle* Ciry ol Miami Seach 115