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HomeMy WebLinkAbout2024-149-2223_-_Final_Millage_Rate_-_Adopted.docxRESOLUTION NO. 2024-149-2223 A RESOLUTION OF THE CITY OF MIAMI GARDENS, FLORIDA, ADOPTING A FINAL MILLAGE RATE AT A PUBLIC HEARING TO BE LEVIED FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2024, THROUGH SEPTEMBER 30, 2025 FOR OPERATING PURPOSES; ESTABLISHING THE ROLLBACK RATE; ESTABLISHING THE DEBT MILLAGE RATE APPROVED BY THE ELECTORATE; PROVIDING FOR DIRECTIONS TO THE FINANCE DIRECTOR THROUGH THE CITY MANAGER; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, on July 24, 2024, the City Council adopted Resolution No. 2024-126- 2200 determining a “not to exceed” Operating Millage Rate and a Debt Millage Rate for the fiscal year commencing October 1, 2024 (“Fiscal Year 2024-2025”), and scheduling the public hearings required by Section 200.065 of the Florida Statutes to be held on September 11, 2024 at 5:01 p.m., and September 25, 2024, at 5:01 p.m., and WHEREAS, on August 1, 2024, the City Council adopted Resolution No. 2024- 127-2201 amending the date of the first Budget Hearing from September 11, 2024 to September 10, 2024 at 5:01pm, and WHEREAS, the City Manager has recommended an annual budget for Fiscal Year 2024-2025 commencing October 1, 2023, and WHEREAS, the public and all interested parties have had the opportunity to address their comments to the City Council and the City Council has considered the comments of the public regarding the millage rate, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MIAMI GARDENS, FLORIDA, AS FOLLOWS: Section 1. ADOPTION OF REPRESENTATIONS: The foregoing Whereas paragraphs are hereby ratified and confirmed as being true, and the same are hereby made a specific part of this Resolution. Section 2. COMPUTATION OF THE ROLLBACK RATE: The roll-back rate for FY 2024-2025 is 6.3025 mills. Section 3. ADOPTION OF PROPOSED MILLAGE RATE: The City Council hereby adopts and establishes the proposed Operating Millage Rate for the City of Miami Gardens for FY 2024-2025 at 6.9363 mills, which is $6.9363 per $1,000.00 of taxable property value within the City of Miami Gardens, Florida. The percent increase of this millage rate over the roll-back rate is 10.06%. Docusign Envelope ID: D1A24D04-94FB-41B6-A17A-13636A8387AB Page 2 of 2 Resolution No. 2024-149-2223 Section 4. ADOPTION OF VOTED MILLAGE RATE: The City Council hereby adopts and establishes the Voted Millage Rate for the City of Miami Gardens for FY 2024- 2025 at 0.4762 mills, which is $0.4762 per $1,000 of taxable value within the City of Miami Gardens, Florida. Section 5. The City’s aggregate millage rate is 7.4125 (a combined total Millage of 6.9363 mills for operating and 0.4762 mills for debt service). Section 6. DIRECTIONS TO THE FINANCE DIRECTOR THROUGH THE CITY MANAGER: The Finance Director, through the City Manager, is directed to complete all TRIM Compliance requirements utilizing the Department of Revenue electronic eTRIM system. Section 7. EFFECTIVE DATE: This resolution shall be effective immediately upon its adoption. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF MIAMI GARDENS AT ITS SPECIAL MEETING HELD ON SEPTEMBER 25, 2024. ________________________________ RODNEY HARRIS, MAYOR ATTEST: ________________________________ MARIO BATAILLE, CMC, CITY CLERK PREPARED BY: SONJA KNIGHTON DICKENS, CITY ATTORNEY SPONSORED BY: CAMERON BENSON, CITY MANAGER Moved by: Councilman Leon Seconded by: Councilwoman Powell VOTE: 7-0 Mayor Harris Yes Vice Mayor Wilson Yes Councilwoman Baskin Yes Councilman Leon Yes Councilwoman Powell Yes Councilwoman Julien Yes Councilman Stephens, III Yes Docusign Envelope ID: D1A24D04-94FB-41B6-A17A-13636A8387AB