Ord. No. 16-86-1262ORDINANCE NO.16-86-1262'
AN ORDINANCE OF THE CITY OF SOUTH MIAMI,FLORIDA,
FIXING THE MILLAGE AND LEVYING TAXES IN THE CITY
OF SJJWH MIAMI,FLORIDA,FOR THE CALENDAR YEAR
WHEREAS,tax assessments for all of Dade County for the calendar year
1986 have been made by the Dade County Commission;and
WHEREAS,the County Commission has determined the estimated total
non-exempt aggregate valuation of taxable property in the City of South Miami,
Florida,for the calendar year 1986,to be $376,126,579;and
NOW,THEREFORE,BE IT ORDAINED BY THE MAYOR AND THE CITY COMMISSION OF
THE CITY OF SOUTH MIAMI,FLORIDA:
Section 1.That there shall be and hereby is levied upon
the non-exempt aggregate assessed value of all property in the City of South Miami,
Florida,a tax of 5.969 mills on the dollar^for the calendar year 1586,for the
benefit of operational expenses of the General Fund for the government of the City
of South Miami,Florida,for the fiscal year beginning October 1st,1986,and
ending September 30th,1987.
Section 2.The mi 11 age rate specified herein exceeds
the rolled back rate by 48%thereof.
Section 3.This ordinance shall be effective as of
October 1st,1986.
PASSED AND ADOPTED this 16th day of September ,1986.
ATTEST:
Passedon 1st Reading:9/2/86
Passedon2nd Reading:9/16/86
Public HearingHeld:9/2/86 and 9/16/86
APPROVED: