HomeMy WebLinkAbout2010-137-1318 - Establishing the Proposed Millage Rate for FY 2010-2011
City of Miami Gardens Agenda Cover Memo Council Meeting Date: July 28, 2010 Item Type: (Enter X in box) Resolution Ordinance Other X Fiscal Impact: (Enter X in box) Yes No Ordinance
Reading: (Enter X in box) 1st Reading 2nd Reading X Public Hearing: (Enter X in box) Yes No Yes No X Funding Source: Advertising Requirement: (Enter X in box) Yes No X Contract/P.O.
Required: (Enter X in box) Yes No RFP/RFQ/Bid #: X Sponsor Name Dr. Danny Crew, City Manager Department: City Manager Office Short Title: A RESOLUTION OF THE CITY OF MIAMI GARDENS, FLORIDA,
ESTABLISHING THE PROPOSED MILLAGE RATE FOR FISCAL YEAR 2010-2011 WITH THE ROLLED-BACK RATE; SETTING THE DATE, TIME AND PLACE OF PUBLIC HEARINGS TO CONSIDER THE PROPOSED MILLAGE RATE
AND TENTATIVE BUDGET; PROVIDING FOR DIRECTIONS TO THE CITY CLERK; AND PROVIDING FOR AN EFFECTIVE DATE. Staff Summary: On July 1, 2010, the City received the final certification of 2010
taxable value for fiscal year 2011. Pursuant to Chapter 200, Florida Statutes, the City has to provide the Property Appraiser Office no later than August 4, 2010 a proposed millage rate
to be levied for fiscal year 2011. The City Manager recommends that the millage rate be the roll‐back rate (generates the same property tax revenue as FY 2010 final taxable value), which
is 6.2728. The date, time and place of the first and second public hearings on the proposed millage rate and tentative budget are set by the City Council , it is further recommended
that the dates are as follows: Date Time Place First Budget Hearing: _September 8________ 5:30 p.m. City Hall/City of Miami Gardens 1515 NW 167 St., Bldg. 5, #200 Miami Gardens, FL 33169
ITEM K-1) RESOLUTION Fiscal Year 2010-2011
1515 NW 167 Street, Building 5 Suite 200 Miami Gardens, Florida 33169 Second Budget Hearing: _September 22________ 6:00 p.m. City Hall/City of Miami Gardens 1515 NW 167 St., Bldg. 5,
#200 Miami Gardens, FL 33169 Proposed Action: It is recommended that the City Council approve the attached resolution establishing the proposed millage rate for Fiscal year 2010 – 2011
with the rolled‐back rate. Attachment: None