Item Coversheet

Resolutions - R7  G




COMMISSION MEMORANDUM

TO:Honorable Mayor and Members of the City Commission 
FROM:Alina T. Hudak, City Manager 
DATE:September  13, 2023
 

5:01 p.m. First Reading Public Hearing

SUBJECT:

A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ADOPTING: 1) THE TENTATIVE AD VALOREM MILLAGE OF 5.8155 MILLS FOR FISCAL YEAR 2024 FOR GENERAL OPERATING PURPOSES, WHICH IS TWELVE AND FIVE TENTHS PERCENT (12.5%) MORE THAN THE "ROLLED-BACK" RATE OF 5.1681 MILLS; AND 2) THE DEBT SERVICE MILLAGE RATE OF 0.3326 MILLS, SUBJECT TO A SECOND PUBLIC HEARING TO CONSIDER THE MILLAGE RATE FOR FISCAL YEAR 2024 ON WEDNESDAY, SEPTEMBER 27, 2023, AT 5:01 P.M.


RECOMMENDATION

See attached Memorandum.

SUPPORTING SURVEY DATA

N/A

FINANCIAL INFORMATION

See attached Memorandum.

Applicable Area

Citywide
Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14? Does this item utilize G.O. Bond Funds?
Yes No 

Strategic Connection

Organizational Innovation - Ensure strong fiscal stewardship.
Legislative Tracking
Office of Management and Budget

ATTACHMENTS:
Description
Memo - FY2024 Proposed Millage
Resolution