| TO: | Honorable Mayor and Members of the City Commission | | | FROM: | Jimmy L. Morales, City Manager | | | DATE: | September 25, 2017 | | | | 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
5.7224 MILLS FOR FISCAL YEAR (FY) 2017/18 FOR GENERAL OPERATING
PURPOSES, WHICH IS SEVEN AND SIX-TENTHS PERCENT (7.6%) MORE THAN
THE "ROLLED-BACK" RATE OF 5.3174 MILLS; AND 2) THE DEBT SERVICE
MILLAGE RATE OF 0.1664 MILLS. |
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