| TO: | Honorable Mayor and Members of the City Commission | | | FROM: | Jimmy L. Morales, City Manager | | | DATE: | September 25, 2019 | | | | 5:01 p.m. Second Reading Public Hearing
| | SUBJECT: | A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF
THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING: 1) THE
FINAL AD VALOREM MILLAGE OF 5.7288 MILLS FOR FISCAL
YEAR 2020 FOR GENERAL OPERATING PURPOSES, WHICH
IS THREE AND TWO TENTHS PERCENT (3.2%) MORE THAN
THE "ROLLED-BACK RATE OF 5.5522 MILLS; AND 2) THE
DEBT SERVICE MILLAGE RATE OF 0.2933 MILLS.
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