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HomeMy WebLinkAbout2020-112-3510 Final Millage Rate FY 2020-2021 RESOLUTION NO. 2020-112-3510 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 , 2020, THROUGH SEPTEMBER 30, 2021 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 22, 2020, the City Council adopted Resolution No. 2020- 095-3493 determining a "not to exceed" Operating Millage Rate and a Debt Millage Rate for the fiscal year commencing October 1 , 2020 ("Fiscal Year 2020-2021"), and scheduling the public hearings required by Section 200.065 of the Florida Statutes to be held on September 8, 2020 at 6:00 p.m., and September 23, 2020, at 6:00 p.m. and WHEREAS, the City Manager has recommended an annual budget for Fiscal Year 2020-2021 commencing October 1, 2020, 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 2020-2021 is 6.4174 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 2020-2021 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 8.09%. 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 2020-2021 at 0.7803 mill, which is $0.7803 per $1,000 of taxable value within the City of Miami Gardens, Florida. Section 5. The City's aggregate millage rate is 7.7166 (a combined total Millage of 6.9363 Mills for operating and 0.7803 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 — 2ND BUDGET H ARING HELD ON SEPTEMBER 23, 2020. 1 _ OLIVER GILBERT, III, MAYOR ATTEST: MARIO BATAILLE, CMC, b`1TY CLERK PREPARED BY: SONJA KNIGHTON DICKENS, CITY ATTORNEY SPONSORED BY: CAMERON D. BENSON, CITY MANAGER Moved by: Councilman Williams Seconded by: Vice Mayor Harris VOTE: 7-0 Mayor Gilbert Yes Vice Mayor Harris Yes Councilwoman Campbell Yes Councilman Leon Yes Councilman Williams Jr. Yes Councilwoman Wilson Yes Councilman Stephens Yes Page 2 of 2 Resolution No. 2020-112-3510