Res No 073-21-15693RESOLUTION NUMBER: 073-21-15693
A Resolution of the City of South Miami, Florida, relating to the City's
2021/2022 fiscal year budget; advising the Miami -Dade County Property
Appraiser of its proposed millage rate of 4.3000 mills; its rolled -back
rate of 4.1520 mills, and announcing the date, time, and place of public
hearing to consider the proposed millage rate and tentative budget.
WHEREAS, Florida Statute 200.065 requires that within 35 days of receiving the
Certificate of Value, each taxing authority shall advise the property appraiser of its
proposed millage rate, its rolled -back rate computed pursuant to sub -section (1) and of
the date, time and place when a public hearing will be held to consider the proposed
millage rate and tentative budget; and
WHEREAS, the Certification of Value was made on July 01, 2021; and
WHEREAS, the City's Administration computed the proposed millage rate and the
rolled -back rate; and
WHEREAS, the Mayor and City Commission wish to comply with the aforesaid
Statute.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF
THE CITY OF SOUTH MIAMI, FLORIDA THAT:
Section 1. The City Administration shall advise the property appraiser that
the proposed millage rate of the City of South Miami, Florida for the 2021/2022 fiscal
year budget is 4.3000 mills which is a 3.56% increase over the rolled back rate and that
the rolled -back rate, computed pursuant to sub -section (1) of Florida Statute 200.065, is
4.1520 mills.
Section 2. The date, time, and place of the first and second public budget
hearings shall be held to consider the proposed millage rate and budget are as follows:
First Budget Hearing, September 7, 2021 at 6 p.m., in the City Commission
Chambers or Zoom, 6130 Sunset Drive, South Miami, Florida.
Second Budget Hearing, September 21, 2021 at 6 p.m., in the City Commission
Chambers or Zoom, 6130 Sunset Drive, South Miami, Florida.
Section 3. Severability. If any section clause, sentence, or phrase of this
resolution is for any reason held invalid or unconstitutional by a court of competent
jurisdiction, the holding shall not affect the validity of the remaining portions of this
resolution.
Section 4. Effective Date. This resolution shall become effective immediately
Page I of 2
Res. No. 073-21-15693
upon adoption by vote of the City Commission.
PASSED AND ADOPTED this 6th day of July' 2021.
ATTEST:
M1 1r
p•UC• 0
,iwl PIM0/IVA
F
ue •: �
COMMISSION VOTE:
4-1
Mayor Philips:
Yea
Commissioner Gil:
Yea
Commissioner Harris:
Yea
Commissioner Liebman:
Nay
Commissioner Corey:
Yea
Page 2 of 2
Agenda item No:3.
City Commission Agenda Item Report
Meeting Date: July 6, 2021
Submitted by: Alfredo Riverol
Submitting Department: Finance Department
Item Type: Resolution
Agenda Section:
Subject:
A Resolution of the City of South Miami, Florida, relating to the City's 2021/2022 fiscal year budget; advising the
Miami -Dade County Property Appraiser of its proposed millage rate of 4.3000 mills; its rolled -back rate of
4.1520 mills, and announcing the date, time, and place of public hearing to consider the proposed millage rate
and tentative budget. 3/5 (City Manager)
Suggested Action:
Attachments:
MillageSK_Memo_FY_22.docx
Millage Resolution FY 22.docx
DR Forms.pdf
2021 MDC Property Reports.pdf
CITY OF SOUTH MIAMI
OFFICE OF THE CITY MANAGER
INTER -OFFICE MEMORANDUM
To: The Honorable Mayor & Members of the City Commission
From: Shari Karnali, City Manager
Copy: Alfredo Riverol, CPA, CRFAC, CGFM, CGMA, Chief Financial Officer
Date: July 6, 2021
Subject: Tentative Millage Rate for FY 2021-2022
Request: A Resolution of the City of South Miami, Florida, relating to the City's
2021/2022 fiscal year budget; advisingthe Miami -Dade County Property
Appraiser of its proposed millage rate of 4.3000 mills; its rolled -back
rate of 4.1520 mills and announcing the dates of public hearing to
consider the proposed millage rate and tentative budget.
BACKGROUND & ANALYSIS
The procedures and timetables for establishing the taxation rate and the creation of the Budget
are governed by the State of Florida. These rules are generally referred to as TRIM (Truth-in-
Millage). This memo addresses the establishment of the maximum millage rate, rollback millage
rate, and scheduling formal budget public hearings as required by the TRIM law.
The Miami -Dade County Property Appraiser certified the Taxable Value within the City of South
Miami at $2,108,476,491. Before the effects of inflation are factored into the calculation, this
valuation represents a 1.70% increase from the FY 2020-21 level of $2,073,136,890.
Maximum Millaee Rate
A primary source of revenue for municipal government is the property ad valorem tax, which is
representative of the property taxes applied to commercial and residential real property and
commercial personal property. The Miami Dade Property Appraiser, not the City of South Miami,
sets the assessable taxable property valuation, based on many factors including State Law such
as Homestead exemptions, and is based on the property valuation calculated and transmitted by
the Property Appraiser. The rate at which property is taxed is referred to as the millage rate. The
tax rate, or millage rate, is set by the City of South Miami. The amount of taxes paid by a property
owner is determined by multiplying the millage rate, times each $1,000 of assessable property
taxable value.
Page 1 of 5 2
Local jurisdictions, including municipalities, are required to establish and publish a maximum
millage rate during the budget process as mandated by Florida Statute 200.065, which requires
that within 35 days of receiving the Certificate of Value, (Certification of Value was made on July
11 2021) each taxing authority shall advise the property appraiser of its proposed millage rate, its
rolled -back rate computed pursuant to sub -section (1) and of the date, time and place when a
public hearing will be held to consider the proposed millage rate and tentative budget. This rate
will be advertised by the City and also reported to the Miami -Dade Property Appraiser.
At this point in the budget process the City is simply establishing a maximum millage rate for
budget flexibility and advertising purposes.
For every change of one -tenth of the millage rate, the ad valorem revenue generated is increased
or decreased by an estimated $200,000.
Financial Outlook for FY 2021-2022 Fiscal Year
As you are aware, COVID-19 finally appears to be under control, with the continued vaccination
distribution, decreasing restrictions for businesses, and continued drop in coronavirus cases,
Florida is seeing its delicate economy recover. Furthermore, Florida Unemployment Rate was
4.80% as of April 30, 2021, compared to 14.00% last year that same month. This rate is lower
than the Florida long term average of 6.21%.
In fiscal year 2020-2021, the City of South Miami Administration focused on reducing operational
expenses in an effort to meet the reduction of the forecasted revenues for FY 2021 due to the
COVID-19 pandemic, without increasing the millage rate and/or eliminating or reducing the
current level of service provided to the City of South Miami residents. The City Administration
currently forecasts, as of July 1, 2021, a 1.7% overall revenue increase from the adopted FY 2021
forecasted revenues for FY 2022 as Florida revenues are trending upward. The administration is
maintaining a conservative approach to revenue and keeping operating expenses steady in
anticipation of possible bumps along the way to a full economic recovery.
Rolled -back Millage Rate
Cities are also required by State Law to calculate what is known as the "Rolled -back Millage Rate."
This is the calculated tax rate at which the City would receive the same ad valorem revenue as in
the previous year, excluding current year new taxable values (New Construction, additions, etc.).
The rolled -back millage rate for the City of South Miami is 4.1520. The City's current millage rate
of 4.3000 represents a 3.56% increase over the rolled -back rate. If the City were to adopt the
rolled -back rate of 4.1520, the City's estimated Ad Valorem revenue would decrease by an
estimated $296,452 when compared to the City's proposed FY 2022 Ad Valorem revenue
forecast.
Page 2 of 5 3
Please find the Millage Calculation table below:
MILLAGE CALCULATION COMPARISON (PROPOSED)
MILLAGE RATE
4.3000
REAL PROPERTY TAXABLE VALUE
1,999,537.115
PERSONAL PROPERTY TAXABLE VALUE
73,599,775
-3.09%
TOTAL TAXABLE VALUE (REAL AND PERSONAL
2,073,136,890
1.70%
PROPERTY)
AD VALOREM REVENUE
8,914,489
151,960
95% OF TAXABLE VALUE (TO ALLOW FOR
8,468,764
$144,362
DELETIONS & DELINQUENCIES)
MILLAGE CALCULATION (ROLLED -BACK)
MILLAGE RATE
4.3000
3.56%
REAL PROPERTY TAXABLE VALUE
1,999,537,115
1.88%
PERSONAL PROPERTY TAXABLE VALUE
73,599,775
-3.09%
TOTAL TAXABLE VALUE (REAL AND PERSONAL
2,073,136,890
1.70%
PROPERTY)
AD VALOREM REVENUE
8.914,489
-160,094
95% OF TAXABLE VALUE (TO ALLOW FOR
8,468,764
$152,090
DELETIONS & DELINQUENCIES)
DIFFERENCE
-296,452
The City experienced an overall assessed real property value increase of $37,617,375 or 1.88%.
Tangible Personal Property (TPP) consists of all property that is not real estate (land, buildings
and improvements). It includes furniture, fixtures, tools, computer equipment, machinery, office
equipment, supplies, leasehold improvements, leased equipment, signage, and any other
equipment used in a business. Furniture and fixtures used in a rental unit (condo, apt, house)
are also taxable in this category. Tangible Personal Property assessed values decreased by
$2,277,774 or 3.09% when comparing the assessed value of FY 2021-22 and FY 2020-2021.
The increase in property valuations specifically from construction within the current 2020 year is
$17,767,669 which represents an increase from the previous year of $2,887,846 or 19.41%.
Page 3 of 5 4
RECOMMENDATION
The Administration is proposing a millage rate of 4.3000 mills for FY 2021-22, which is
equivalent to the City's FY 2020-21 existing millage rate.
This millage rate continuation will allow the City to proceed with regular necessary services,
operations, and on -going projects without an increase in tax rate and help strengthen the City's
financial position for the future.
Whatever rate the Commission sets at this time will be the highest possible rate for this coming
fiscal year.
Budget Hearing Schedule
The City is required to hold two formal Budget Public Hearings. There are guidelines on when
these hearings must be held. Additionally, a local municipality cannot hold a budget hearing on
the same date as either the County or the School Board budget hearings. There are also special
advertising requirements for these hearings.
It is recommended that the Budget Workshop be scheduled as follows:
Budget Workshop Tuesday, August 10, 2021 City of South Miami City Hall
10 AM Commission Chambers and Zoom
6130 Sunset Drive
South Miami, FL 33143
Additionally, the required budget hearings are proposed for the following dates:
First Budget Hearing Tuesday, September 7, 2021 City of South Miami City Hall
6 PM Commission Chambers and Zoom
6130 Sunset Drive
South Miami, FL 33143
Second Budget Hearing Tuesday, September 21, 2021 City of South Miami City Hall
6 PM Commission Chambers and Zoom
6130 Sunset Drive
South Miami, FL 33143
Page 4 of 5 5
NOTE:
Pertinent meetings scheduled as of this date include:
Miami -Dade County Budget Hearings: 9-14-21 and 9-28-21
Miami -Dade County School Board Budget Hearings: 7-28-21 and 9-09-21
Attachments
— Proposed Resolution
— State of Florida DRAFT Forms (DR-420, DR-420MM-P, DR-420 TIF)
— 2021 Miami -Dade County Property Reports
Page 5of5 6
CERTIFICATION OF TAXABLE VALUE
FLORIDA
DR-420
R. 5/12
Rule 12D-16.002
Florida Administrative Code
Effective 11/12
Year: 2021
County: MIAMI-DADE
Principal Authority:
CITY OF SOUTH MIAMI
Taxing Authority:
CITY OF SOUTH MIAMI
SECTION I : COMPLETED BY PROPERTY APPRAISER
1.
Current year taxable value of real property for operating purposes
$ 2,037,154,490
(1)
2.
Current year taxable value of personal property for operating purposes
$ 71,322,001
(2)
3.
Current year taxable value of centrally assessed property for operating purposes
$ 0
(3)
4.
Current year gross taxable value for operating purposes (Line I plus Line2plus Line3)
$ 2,108,476,491
(4)
5.
Current year net new taxable value (Add new construction, additions, rehabilitative
improvements increasing assessed value by at least 100%, annexations, and tangible
personal property value over 115%of the previous year's value. Subtract deletions.)
$ 17,767,669
(5)
6.
Current year adjusted taxable value (Line 4 minus Line 5)
$ 2,090,708,822
(6)
7.
Prior year FINAL gross taxable value from prior year applicable Form DR-403 series
$ 2,018,756,268
(7)
8
Does the taxing authority include tax increment financing areas? If yes, enter number
of worksheets (DR-420TIF) attached. If none, enter 0
❑✓ YES
EJ NO
Number
1
(8)
9.
Does the taxing authority levy a voted debt service millage or a millage voted for 2
years or less under s. 9(b), Article VII, State Constitution? If yes, enter the number of
DR-420DEBT, Certification of Voted Debt Milloge forms attached. If none, enter 0
❑ YES
Z NO
Number
0
(9)
Property Appraiser Certification
I certify the taxable values above are correct to the best of my knowledge.
SIGN
HERE
Signature of Property Appraiser:
Electronically Certified by Property Appraiser
Date:
7/1/2021 1:49 PM
SECTION 11 : COMPLETED BY TAXING AUTHORITY
If this portion of the form is not completed in FULL your taxing authority will be denied TRIM certification and
possibly lose its millage levy privilege for the tax year. If any line is not applicable, enter -0-.
10.
Prior year operating millage levy (if prioryearmillage was adjusted then use adjusted
millage from Form DR-422)
4,3000 per$1,000
(10)
11.
Prior year ad valorem proceeds (Line7 multiplied by Line 10, divided by 1,000)
$ 8,680,652
(11)
12
Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a
dedicated incrementvalue (Sum of either Lines 6c or Line 7a for all DR-420TIF forms)
$ 0
(12)
13.
Adjusted prior year ad valorem proceeds (Line 11 minus Line 72)
$ 8,680,652
(13)
14.
Dedicated increment value, if any (Sum of either Line 6b or Line 7e for all DR-420nF forms)
$ 0
(14)
15.
Adjusted current year taxable value (Line 6 minus Line 14)
$ 2,090,708,822
(15)
16.
Current year rolled -back rate (Line 13 divided by Line 15, multiplied by 7,000)
4.1520 per $1000
(16)
17.
Current year proposed operating millage rate
4.3000 per $1000
(17)
18
Total taxes to be levied at proposed millage rate (Line 17multiplied by Line 4, divided
by 7,000)
$ 9,066,449
(18)
Continued on page 2 9
DR-420
R. 5/12
Page 2
❑ County ❑ Independent Special District
19 TYPE of principal authority (check one)
(19)
❑✓ Municipality ❑ Water Management District
Applicable taxing authority (check one) ❑ Principal Authority ❑ Dependent Special District
zo.
(zo)
❑ MSTU ❑ Water Management District Basin
21.
Is millage levied in more than one county? (check one) ❑ Yes ❑✓ No
— —
(21)
W=
22
Enter the total adjusted prior year ad valorem proceeds of the principal authority, all
dependent special districts, and MSTUs levying a millage. (The sum of Line 13 from all DR-420 $ 8,680,652
(22)
forms)
23.
Current year aggregate rolled -back rate (Line22 divided by Line 15, multiplied by 7,000)
4.1520 per $1,000
(23)
24.
Current year aggregate rolled -back taxes (Line 4 multiplied by Line 23, divided by 1,000)
$ 8,754,394
(24)
Enter total of all operating ad valorem taxes proposed to be levied by the principal
25.
taxing authority, all dependent districts, and MSTUs, if any. (The sum of Line 18 from all
$ 9,066,449
(25)
DR-420 forms)
26
Current year proposed aggregate millage rate (line25divided by Line4, multiplied
per $1,000
(26)
by 1,000)
4.3000
27
Current year proposed rate as a percent change of rolled -back rate (Line 26 divided by
3.56 °�
(27)
Line 23, minus 1, multiplied by 700)
First public
Date:
Time:
Place:
budget hearing
g 9
6130 Sunset Drive, South Miami, FL 33143 Phone:305-663-
9R/2021
6:00 PM EST
6343
1 certify the millages and rates are correct to the best of my knowledge.
Taxing Authority Certification
The millages comply with the provisions of s. 200.065 and the provisions of
either s. 200.071 or s. 200.081, F.S.
S
Signature of Chief Administrative Officer:
Date:
G
N
Title:
Contact Name and Contact Title:
ALFREDO RIVEROL, CHIEF FINANCIAL OFFICER
H
SHARI KAMALI, CITY MANAGER
E
Mailing Address:
Physical Address:
R
6130 SUNSET DR
6130 SUNSET DRIVE
E
City, State, Zip:
Phone Number:
Fax Number:
SOUTH MIAMI, FL 33143
305-663-6343
305-663-6346
Instructions on page 3
10
CERTIFICATION OF TAXABLE VALUE
INSTRUCTIONS
"Principal Authority" is a county, municipality, or independent special district (including water management districts).
"Taxing Authority" is the entity levying the millage. This includes the principal authority, any special district dependent to the
principal authority, any county municipal service taxing unit (MSTU), and water management district basins.
Each taxing authority must submit to their property appraiser a DR-420 and the following forms, as applicable:
DR-420TIF, Tax Increment Adjustment Worksheet
DR-420DEBT, Certification of Voted Debt Millage
DR-420MM-P, Maximum Millage Levy Calculation - Preliminary Disclosure
Section I: Property Appraiser
Use this DR-420 form for all taxing authorities except school
districts. Complete Section I, Lines 1 through 9, for each county,
municipality, independent special district, dependent special
district, MSTU, and multicounty taxing authority. Enter only
taxable values that apply to the taxing authority indicated. Use a
separate form for the principal authority and each dependent
district, MSTU and water management district basin.
Line 8
Complete a DR-420TIF for each taxing authority making
payments to a redevelopment trust fund under Section 163.387
(2)(a), Florida Statutes or by an ordinance, resolution or
agreement to fund a project or to finance essential infrastructure.
Check "Yes" if the taxing authority makes payments to a
redevelopment trust fund. Enter the number of DR-420TIF forms
attached for the taxing authority on Line 8. Enter 0 if none.
Line 9
Complete a DR-420DEBT for each taxing authority levying either
a voted debt service millage (s.12, Article VI I, State Constitution)
or a levy voted for two years or less (s. 9(b), Article VI I, State
Constitution).
Check "Yes" if the taxing authority levies either a voted debt
service millage or a levy voted for 2 years or less (s. 9(b), Article
VII, State Constitution). These levies do not include levies
approved by a voter referendum not required by the State
Constitution. Complete and attach DR-420DEBT. Do not
complete a separate DR-420 for these levies.
Send a copy to each taxing authority and keep a copy. When the
taxing authority returns the DR-420 and the accompanying forms,
immediately send the original to:
Florida Department of Revenue
Property Tax Oversight - TRIM Section
P. O. Box 3000
Tallahassee, Florida 32315-3000
Section II: Taxing Authority
DR-420
R. 5/12
Page 3
Complete Section II. Keep one copy, return the original and
one copy to your property appraiser with the applicable
DR-420TIF, DR-420DEBT, and DR-420MM-P within 35 days
of certification. Send one copy to the tax collector. "Dependent
special district" (ss. 200.001(8)(d) and 189.403(2), F.S.)
means a special district that meets at least one of the
following criteria:
• The membership of its governing body is identical to that of
the goveming body of a single county or a single
municipality.
• All members of its governing body are appointed by the
governing body of a single county or a single
municipality.
• During their unexpired terms, members of the special
district's governing body are subject to removal at will by
the governing body of a single county or a single
municipality.
• The district has a budget that requires approval through an
affirmative vote or can be vetoed by the governing body
of a single county or a single municipality.
"Independent special district" (ss. 200.001(8)(e) and 189.403
(3), F.S.) means a special district that is not a dependent
special district as defined above. A district that includes more
than one county is an independent special district unless the
district lies wholly within the boundaries of a single
municipality.
"Non -voted millage" is any millage not defined as a "voted
millage" in s. 200.001(8)(f), F.S.
Lines 12 and 14
Adjust the calculation of the rolled -back rate for tax increment
values and payment amounts. See the instructions for
DR-420TIF. On Lines 12 and 14, carry forward values from
the DR-420TIF forms.
Line 24
Include only those levies derived from millage rates.
All TRIM forms for taxing authorities are available on our website at
http://dor.myflorida.com/dor/property/trim
11
FLOWDA
MAXIMUM MILLAGE LEVY CALCULATION
PRELIMINARY DISCLOSURE
For municipal governments, counties, and special districts
0
DRA20MM-P
R. 5/12
Rule 1213-16.002
Florida Administrative Code
Effective 11/12
Year. 2021
County: MIAMI-DADE
Principal Authority:
CITY OF SOUTH MIAMI
Taxing Authority:
CITY OF SOUTH MIAMI
Is your taxing authority a municipality or independent special district that has levied ❑
1' ad valorem taxes for less than 5 ears. Yes I No (1)
IF YES, 0 STOP HERE. SIGN AND SUBMIT. You are not subject to a millage limitation.
2. Current year rolled -back rate from Current Year Form DR-420, Line 16 4.1520 per $1,000 (2)
3. Prior year maximum millage rate with a majority vote from 2020 Form DR-420MM, Line 1
4.5100 per $1,000 (3)
4. Prior year operating millage rate from Current Year Form DR-420, Line 10 4.3000 per $1,000 (4)
Adjust rolled -back rate based on prior year majority -vote maximum millage rate
5.
Prior year final gross taxable value from Current Year Form DR-420, Line 7
$ 2,018,756,268
(5)
6
Prior year maximum ad valorem proceeds with majority vote
(Line 3 multiplied by Line 5 divided by 1,000)
$ 9,104,591
(6)
7
Amount, if any, paid or applied in prior year as a consequence of an obligation
measured by a dedicated increment value from Current Year Form DR-420 Line 12
$ 0
(7)
8.
Adjusted prior year ad valorem proceeds with majority vote (Line 6 minus Line 7)
$ 9,104,591
(8)
9.
Aajustedcurrent year taxable value from Current Year form DR-420Line 15
$ 2,090,708,822
(9)
10.
Adjusted current year rolled -back rate (Line 8 divided by Line 9, multiplied by 7,000)
4.3548 per $1,000
(10)
Calculate maximum millage levy
11
Rolled -back rate to be used for maximum millage levy calculation
(Enter Line 10 if adjusted or else enter Line 2)
4.3548 per $1,000
(11)
12.
Adjustment for change in per capita Florida personal income (See Llne 12 Instructions)
1.0443
(12)
13.
Majority vote maximum millage rate allowed (Line 11 multiplied byUne 72)
4.5477 per $1,000
(13)
14.
Two-thirds vote maximum millage rate allowed (Multiply Line 13 by7.10)
5.0025 per $1,000
(14)
15.
Current year proposed millage rate
4.3000 per $1,000
(15)
16.
Minimum vote required to levy proposed millage: (Check one)
(16)
a. Majority vote of the governing body: Check here if Line 15 is less than or equal to Line 13. The maximum millage rate is equal
to the majority vote maximum rate. Enter Line 13 on Line 17.
❑b. Two-thirds vote of governing body: Check here if Line 15 is less than or equal to Line 14, but greater than Line 13. The
maximum millage rate is equal to proposed rate. Enter Line 15 on Line 17.
c. Unanimous vote of the governing body, or 3/4 vote if nine members or more: Check here if Line 15 is greater than Line 14.
El The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17.
❑ d. Referendum: The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17.
The selection on Line 16 allows a maximum millage rate of
17'(Enterratelndicatedbychoice anLine 16)
4.5477 per $1,000
(17)
18.Currentyear gross taxable value from Current Year Form DR-420,Line 4
$ 2,108,476,491
(18)
Continued on page 2 12
Taxing Authority:
DR-420MM-P
CITY OF SOUTH MIAMI
R. 5/12
Page 2
19. Current year proposed taxes (Line 15 multiplied by Line 18, divided by 1,000)
s 9,066,449
1 (19)
Total taxes levied at the maximum millage rate (Line 77multiplied by Line 78, divided
20.
s
by 7,0001
9,588,719
(20)
21 Enter the current year proposed taxes of all dependent special districts & MSTUs levying
$
21)
a millage. (The sum of all Lines 79 from each district's Form DR-420MM-P)
0
22. Total current year proposed taxes (Line 19 plus Line 21)
s 9,066,449
(22)
Total Maximum Taxes
23.
Enter the taxes at the maximum millage of all dependent special districts & MSTUs
$
levying a millage (The sum of all Lines 20 from each district's Form DR-420MM-P)
023)
24.
Total taxes at maximum millage rate (Line 20 plus Line23)
s 9,588,719
(24)
Total Maximum Versus Total Taxes Levied
25
Are total current year proposed taxes on Line 22 equal to or less than total taxes at the
Z✓ YES NO
(25)
maximum millage rate on Line 24? (Check one)
I certify the millages and rates are correct to the best of my knowledge. The millages
Taxing Authority Certification
comply with the provisions of s. 200.065 and the provisions of either s. 200.071 ors.
S
200.081, F.S.
1
Signature of Chief Administrative Officer:
Date:
G
N
Title:
Contact Name and Contact Title:
H
SHARI KAMALI, CITY MANAGER
ALFREDO RIVEROL, CHIEF FINANCIAL OFFICER
E
R
Mailing Address:
Physical Address:
E
6130 SUNSET DR
6130 SUNSET DRIVE
City, State, Zip:
Phone Number:
Fax Number:
SOUTH MIAMI, FL 33143
305-663-6343
305-663-6346
Complete and submit this form DR-420MM-P, Maximum Milloge Levy Calculation -Preliminary Disclosure, to
your property appraiser with the form DR-420, Certification of Taxable Value.
Instructions on page 3 13
MAXIMUM MILLAGE LEVY CALCULATION
PRELIMINARY DISCLOSURE
INSTRUCTIONS
General Instructions
Each of the following taxing authorities must
complete a DR-420MM-P.
• County
• Municipality
• Special district dependent to a county or
municipality
• County MSTU
• Independent special district, including water
management districts
• Water management district basin
Line Instructions
Lines 5-10
DR-420MM-P
R. 5/12
Page 3
Only taxing authorities that levied a 2020 millage rate less
than their maximum majority vote rate must complete these
lines. The adjusted rolled -back rate on Line 10 is the rate
that would have been levied if the maximum vote rate for
2020 had been adopted. If these lines are completed, enter
the adjusted rate on Line 11.
Line 12
This line is entered by the Department of Revenue. The
Voting requirements for millages adopted by a same adjustment factor is used statewide by all taxing
authorities. It is based on the change in per capita Florida
two-thirds or a unanimous vote are based on the personal income (s. 200.001(8)(i), F.S.), which Florida Law
full membership of the governing body, not on the number of members present at the time of requires the Office of Economic and Demographic Research
the vote. to report each year.
This form calculates the maximum tax levy for
2021 allowed under s. 200.065(5), F.S. Counties
and municipalities, including dependent special
districts and MSTUs, which adopt a tax levy at the
final hearing higher than allowed under s.
200.065, F.S., may be subject to the loss of their
half -cent sales tax distribution.
DR-420MM-P shows the preliminary maximum
millages and taxes levied based on your
proposed adoption vote. Each taxing authority
must complete, sign, and submit this form to
their property appraiser with their completed
DR-420, Certification of Taxable Value.
The vote at the final hearing and the resulting
maximum may change. After the final hearing,
each taxing authority will file a final Form
DR-420MM, Maximum Millage Levy Calculation
Final Disclosure, with Form DR-487, Certification
of Compliance, with the Department of Revenue.
Specific flax year references in this form are
updated each year by the Department.
Lines 13 and 14
Millage rates are the maximum that could be levied with a
majority or two-thirds vote of the full membership of the
governing body. With a unanimous vote of the full
membership (three -fourths vote of the full membership if
the governing body has nine or more members) or a
referendum, the maximum millage rate that can be levied is
the taxing authority's statutory or constitutional cap.
Line 16
Check the box for the minimum vote necessary at the final
hearing to levy your adopted millage rate.
Line 17
Enter the millage rate indicated by the box checked in Line
16. If the proposed millage rate is equal to or less than the
majority vote maximum millage rate, enter the majority vote
maximum. If a two-thirds vote, a unanimous vote, or a
referendum is required, enter the proposed millage rate. For
a millage requiring more than a majority vote, the proposed
millage rate must be entered on Line 17, rather than the
maximum rate, so that the comparisons on Lines 21 through
25 are accurate.
All TRIM forms for taxing authorities are available on our website at
http://floridarevenue.com/property/Pages/Forms.aspx
14
'- R6/10
s Rule 12D-16.002
TAX INCREMENT ADJUSTMENT WORKSHEET Florida Administrative Code
FLORIDA Effective 11112
Year: 2021
County: MIAMI-DADE
Principal Authority :
CITY OF SOUTH MIAMI
Taxing Authority :
CITY OF SOUTH MIAMI
Community Redevelopment Area:
SOUTH MIAMI CRA
Base Year:
1998
SECTION I : COMPLETED BY PROPERTY APPRAISER
1.
Current year taxable value in the tax increment area
$ 0
(1)
2•
Base year taxable value in the tax increment area
$ 0
(2)
3.
Current year tax increment value (Line I minus Line 2)
$ 0
(3)
4.
Prior year Final taxable value in the tax increment area
$ 0
(4)
5.
Prior year tax increment value (Line4 minus Line 2)
$ 0
(5)
SIGN Property Appraiser Certification
I certify the taxable values above are correct to the best of my knowledge.
HERE Signature of Property Appraiser : Date :
Electronically Certified by Property Appraiser 7/1/2021 1:49 PM
6. If the amount to be paid to the redevelopment trust fund IS BASED on a specific proportion of the tax increment value:
6a.
Enter the proportion on which the payment is based.
0.00 %
(6a)
6b.
Dedicated increment value (Line 3 multiplied by the percentage on Line 60)
If value is zero or less than zero, then enterzero on Line 6b
$ 0
(6b)
6c.
Amount of payment to redevelopment trust fund in prior year
$ 0
(6c)
7. If the amount to be paid to the redevelopment trust fund IS NOT BASED on a specific proportion of the tax increment value:
7a.
Amount of payment to redevelopment trust fund in prior year
$ 0
(7a)
7b.
Prior year operating millage levy from Form DR-420, Line 10
0.0000 per $1,000
(7b)
7c
Taxes levied on prior year tax increment value
(Line 5 multiplied by line 7b, divided by 1,000)
$ 0
(7c)
7d
Prior year payment as proportion of taxes levied on increment value
(Line7a divided by Line7c, multiplied by 100)
0.00 %
(7d)
7e
Dedicated increment value (Line 3 multiplied by the percentage on Line 7d)
If value is zero or less than zero, then enter zero on Line 7e
$ 0
(7e)
Taxing Authority Certification
I I certify the calculations, millages and rates are correct to the best of my knowledge.
5
I
Signature of Chief Administrative Officer:
Date:
G
N
Title:
SHARI KAMALI, CITY MANAGER
Contact Name and Contact Title:
ALFREDO RIVEROL, CHIEF FINANCIAL OFFICER
H
E
R
Mailing Address:
6130 SUNSET DR
Physical Address:
6130 SUNSET DRIVE
E
City, State, Zip:
SOUTH MIAMI, FL33143
Phone Number:
305-663-6343
Fax Number:
305-663-6346
15
DR-420TIF
R. 6/10
TAX INCREMENT ADJUSTMENT WORKSHEET Page 2
INSTRUCTIONS
Property appraisers must complete and sign Section I of Section I: Property Appraiser
this worksheet and provide it with form DR-420,
Certfcation of Taxable Value, to all taxing authorities who A. Complete Section I of this form for each county,
make payments to a redevelopment trust fund under: municipality, independent special district, dependent
• s. 163.387(2)(a), Florida Statutes, or special district, and MSTU that:
• An ordinance, resolution, or agreement to fund a
project or to finance essential infrastructure.
"Tax increment value" is the cumulative increase in
taxable value from the base year to the current year within
the defined geographic area. It is used to determine the
payment to a redevelopment trust fund under:
• s. 163.387(1), F.S. or
• An ordinance, resolution, or agreement to fund a
project or finance essential infrastructure. In this
case, the taxing authority must certify the
boundaries and beginning date to the property
appraiser.
"Dedicated increment value" is the portion of the tax
increment value used to determine the payment to the
redevelopment trust fund. (See s. 200.001(8)(h), F.S.)
Calculate the dedicated increment value on this form and
enter on either Line 6b or Line 7e.
"Specific proportion," used to determine whether to
complete Line 6 or Line 7, refers to the calculation of the
tax increment payment. Examples:
• Example 1.
Section. 163.387(1), F.S., states the payment
made by the taxing authority should equal 95% of
the millage levied times the tax increment value.
The specific proportion in this case is 95%. The
ordinance providing for the payment may set a
percentage lower than 95%. In these cases, the
lower percentage would be the specific proportion.
• Example 2.
Some required tax increment payments are not
directly related to the tax increment value. A
constant dollar payment is a payment not based
on a specific proportion of the tax increment value
Line 7 converts these payments into a proportion
based on the prior year's payment and tax
increment value to reach the current year's
dedicated increment value.
• Has a tax increment value and
• Is not exempted from making payments to a
community redevelopment trust fund based on
tax increments (s. 163.387(2)(c), F.S.).
If a taxing authority has more than one tax increment
value, they must complete a separate form for each tax
increment value. Send a copy to each taxing authority
with the DR-420 and keep a copy. When the taxing
authority returns the completed forms, immediately send
the original to:
Florida Department of Revenue
Property Tax Oversight Program - TRIM Section
P.O. Box 3000
Tallahassee, Florida 32315-3000
B. Enter only tax increment values that apply to the
value located within the taxing authority indicated.
Section II: Taxing Authority
Complete Section II of the form, keep one copy, and
return the original and one copy to your property
appraiser with DR-420 within 35 days of certification.
Send one copy to your tax collector.
Additional Instructions for Lines 6 and 7
Complete Line 6 if the payment into the redevelopment
trust fund is a specific proportion of the tax increment
value.
Complete Line 7 if the payment is based on a calculation
other than a specific proportion. Do not complete both
Lines 6 and 7.
All TRIM forms for taxing authorities are available on our website at
http://dor.myflorida.com/dor/propert trim
16
MIAMI-DADE COUNTY
PROPERTY APPRAISER
2021 ASSESSMENT ROLL CHANGE BY PROPERTY TYPE
July 1, 2021 M_
SINGLE FAMILY
CONDOMINIUM
MULTI FAMILY
COMMERCIAL
INDUSTRIAL
AGRICULTURE
VACANTLAND
INSTITUTIONAL
GOVERNMENTAL
OTHER PROPERTIES
REAL ESTATE PARCELS
PERS PROP & CENT ASSD
ALL ASSESSED PROPERTY
2021 City of South Miami Preliminary Assessment Roll Values and Comparison
2021
COUNT
2,868
781
92
631
27
2
214
35
55
13
4,718
2020 PRELIMINARY VALUES
JUST VALUE
TAXABLE VALUE
1,510,862,983
968,506,983
151, 067,752
126,287,102
193,403, 215
177,326,819
677,748,765
632,603,259
17,692,956
14,838,265
3,641,673
1,831,352
62,063,240
53,945,186
102,460,169
9,082,736
110,314,585
497,674
15,838,560
14,617,739
2,845,093,898 1,999,537,115
145,338,075 73,599,775
2021 PRELIMINARY VALUES
JUST VALUE
TAXABLE VALUE
1,603,406,221
1,036,054,012
152,987,668
129,003,504
201,664,848
187,714,803
645,038,736
600,838,108
18, 206, 228
15, 651, 238
3,865,094
1,858,307
65, 011, 341
56,435,043
102,437,143
8,615,039
111,406,684
43,470
2,134,062
940,966
2,906,158,025 2,037,154,490
140,643,686 71,322,001
2,990,432,973 2,073,136,890 3,046,801,711 2,108,476,491
TAXABLE
VALUE DIFF
67,547,029
2,716,402
10,387,984
-31,765,151
812,973
26,955
2,489,857
-467,697
-454,204
-13,676,773
PCT
7.0%
2.2%
5.9%
-5.0%
5.5 %
1.5%
4.6%
-5.1%
-91.3°%
-93.6%
37,617,375
1.9%
-2,277,774
-3.1%
35,339,601
1.7%
NEW CONS
17,001,613
0
0
1,226,901
0
0
-460,845
0
0
0
17,767,669
0
17,767,669
17
MIAMI-DADE COUNTY
PROPERTY APPRAISER
2021 AND 2020 PRELIMINARY ROLL COMPARISION
July 1, 2021
2021 PRELIMINARY ASSESSMENT ROLL VALUES
2020 PRELIMINARY ASSESSMENT ROLL VALUES
REAL PROPERTY
PERS PROP
& CENT ASSD
GROSS
TAXABLE
REAL PROPERTY
PERS PROP
& CENT ASSD
GROSS
TAXABLE
CHANGE IN
GROSS TAXABLE
PCT
TAXING AUTHORITY
CITY OF MIAMI
63,159,503,398
2,675,736,253
65,835,239,651
60,410,681,023
2,596,961,699
63,007,642,722
2,827,596,929
4.49%
DOWNTOWN DEV AUTHORITY
21,458,421,555
1,189,667,465
22,648,089,020
21,495,531,164
1,106,469,188
22,602,000,352
46,088,668
0.20%
CITY OF MIAMI BEACH
41,140,757,296
725,917,498
41,866,674,794
40,956,653,628
786,345,358
41,742,998,986
123,675,808
0.30%
NORMANDYSHORES
248,717,331
138,923
248,856,254
242,593.252
164,259
242,757,511
6,098,743
2.51%
CITY OF CORAL GABLES
17,774,827.280
350,297,460
18,125,124,740
17,093,184,916
356,646,565
17,449,831,481
675,293,259
3.87%
CITY OF HIALEAH
12.824,900,473
750,018,790
13,574,919,263
11,784,320,757
697,716,606
12,482,037,363
1,092,881,900
8.76%
CITY OF MIAMI SPRINGS
1.240,517,927
96,957,919
1,337,475,846
1,228,376,386
95,465,959
1,323,842,345
13,633,501
1.03%
CITY OF NORTH MIAMI
3,814,093,740
165,855,237
3,979,948,977
3.581,513,406
158,156,540
3,739,669,946
240,279,031
6.43%
CITY OF NORTH MIAMI BEACH
3,517,383,028
148,098.668
3,665,481,696
3,413,850,660
116,063,151
3,529,913,811
135,567,885
3.84%
CITY OF OPA-LOCKA
1,057,531,091
260,388,437
1,317,919,528
975,067,195
260,509,816
1,235,577,011
82,342,517
6.66%
IMA
CITY OF HOMESTEAD
3.610,760,249
137,963,609
3,748,723,858
3,344,477,923
139,807,883
3,484,285,806
264,438,052
7.59%
MIAMI SHORES VILLAGE
1,290,977,319
26,476,479
1,317,453,798
1,233,170,132
24,137,329
1,257,307,461
60,146,337
4.78%
BAL HARBOUR VILLAGE
5.194,694,956
68,381,187
5,263,076,143
5,204,974,693
72,015,813
5,276,990,506
-13,914,363
-0.26%
TOWN OF BAY HARBOR ISLANDS
1,356,365,268
18,119,124
1,374,484,392
1,358,207,676
20,014,024
1,378,221,700
-3,737,308
-0.27%
TOWN OF SURFSIDE
3,253,692,806
38,566,875
3,292,259,681
3,084,770,797
41,266,220
3,126,037,017
166,222,664
5.32%
CITY OF WEST MIAMI
696,097,715
25,178,368
721,276,073
629,272,002
23,813,158
653,085,160
68,190,913
10.44%
CITY OF FLORIDA CITY
637,029,757
60,091,499
697,121,256
574,814,131
62,015,388
636,829,519
60,291,737
9.47%
VILLAGE OF BISCAYNE PARK
265,610,128
4,504,668
270,114,696
245,009,508
4,278,633
249,288,141
20,826,555
8.35%
VILLAGE OF EL PORTAL
191,832,714
3,554,909
195,387,623
178,569,232
3,389,231
181,958,463
13,429,160
7.38%
TOWN OF GOLDEN BEACH
1,193,275,632
2,076,897
1,195,352,529
1,177,300,702
2,220,801
1,179,521,503
15,831,026
1.34%
VILLAGE OF PINECREST
5,325,043,375
52,964,069
5,378,007,444
5,099,116,379
55,481,134
5,154,597,513
223,409,931
4.33%
VILLAGE OF INDIAN CREEK
719,470,729
3,690,509
723,161,238
674.790,838
3,533,993
678,324,831
44,836,407
6.61%
TOWN OF MEDLEY
2,486,598,155
347,302,107
2,833.900,262
2,316,479,274
331,930,540
2,648,409,814
185,490,448
7.00%
NORTH BAY VILLAGE
1,090,947,795
28,831,101
1,119.778,896
1,053,457,191
30,314,692
1,083,771,883
36,007,013
3.32%
VILLAGE OF KEY BISCAYNE
8,222,512,910
46,599,237
8,269,112,147
8,159,243,933
43,407,550
8,202,651,483
66,460,664
0.81%
CITY OF SWEETWATER
1,870,913,542
175,961,811
2,046,875,353
1,800,261,767
176,362,642
1,976,624,409
70,250,944
3.55%
VILLAGE OF VIRGINIA GARDENS
211,196,247
100,974,014
312,170,261
194,933,109
81,440,422
276,373,531
35,796,730
12.95%
CITY OF HIALEAH GARDENS
1,484,838,791
111,555,711
1,596,394,502
1,404,540,196
87,479,772
1,492,019,968
104,374,534
7.00%
CITY OF AVENTURA
10,150,313,507
301,043,151
10,451,356,658
10,241,071,717
309,145,157
10,550,216,874
-98,860,216
-0.94%
CITY OF SUNNY ISLES BEACH
12,547.408,083
88.434,603
12,635.842,686
11,822,701.284
92,810,808
11,915.512,092
720,330.594
6.05%
TOWN OF MIAMI LAKES
3,571,438,616
195,932,950
3,767,371,566
3,449,008,441
187,947,281
3,636,955,722
130,415,844
3.59%
VILLAGE OF PALMETTO BAY
3,296,155,136
70,825,223
3,366,980.359
3,134,543.411
65,018,556
3,199,561,967
167,418,392
5.23%
CITY OF MIAMI GARDENS
5,276,278,212
446,892,283
5,723,170,495
4,926,037,307
420,193.085
5,346,230,392
376,940,103
7.05%
CITY OF DORAL
14,120,297,868
770,828,678
14,891,126,546
13,520,098,965
801,885,559
14,321,984,624
569,142,022
3.97%
TOWN OF CUTLER BAY
2,831,267,639
84,916,326
2,916,183,965
2,689,875,625
77,649,674
2,767,525,299
148,658,666
5.37%
COUNTYOPERATING
321,388,435,522
16,580,258,828
337,968,694,350
308,293,135,354
16,069,861,810
324,362,997,164
13,605,697,186
4.19%
MUNICIPAL SERVICE AREA
84,071,165,750
6,124,001,287
92,195,167,037
79,498,457,249
7,770,836,996
87,269,294,245
4,925,872,792
5.64%
FIRE & RESCUE
178.385,616,392
12,031,689,590
190,417,305,982
170.026,561,113
11.588,784,032
181,615,345,145
8,801,960.837
4.85%
LIBRARY
288.012,272,015
15,244,897,983
303,257,169,998
276,794,823,733
14,820,698,268
291.615,522,001
11,641,647,997
3.99%
SO FL WATER MGMT DIST
323,480,175,789
16,680,258,828
340,060,434,617
310,492.641,080
16,069,861,810
326,562,502,890
13,497,931,727
4.13%
EVERGLADES CONSTR PROJECT
323,480,175,789
16,580,258,828
340,060,434,617
310,492,641,080
16,069,861,810
326,562,502,890
13,497,931,727
4.1"'A
OKEECHOBEE BASIN
323,480,175,789
16,580,258,828
340,060,434,617
310,492,641,080
16,069,861,810
326,562,502,890
13,497,931,727
4.13°/a
FL INLAND NAVIGATION DIST
323,480,175.789
16.580,258,828
340,060,434,617
310,492,641,080
16,069,861,810
326,562,502,890
13 497,931,7271
4.13%
CHILDREN'S TRUST
323,480,175,789
16,580,258,828
340,060,434,617
310.492,641,080
16,069,861,810
326.562,502,890
13:497,931,7271
4.13%
BOARD OF PUBLIC INSTRUCTION
349,534,217,436
1 16.580,287,590
1 366,114,505,026
1 337.113,583,258
16,069,861,810
1 353.183.445,068
12 . 931,059.9581
3.66%
18
MIAMI-DADE COUNTY
PROPERTY APPRAISER
2021 Taxable Values by Taxing Authority
JULY 1,2021
TAXING AUTHORITY
2020
PRELIMINARY
TAXABLE
VALUE
2021
TAXABLE VALUE
BEFORE NEW
CONSTRUCTION
PERCENT
CHANGE
NEW
CONSTRUCTION
2021
PRELIMINARY
TAXABLE
VALUE
PERCENT
CHANGE
FROM 2020
01 MIAMI
63,007,642,722
64,225,472,980
1.90/.
1,609.766,671
65,835,239,651
4.5%
0101 MIAMI (DDA)
22,602,000,352
22,316,998,467
-1.3%
331,090,553
22,648,089,020
0.2%
02 MIAMI BEACH
41,742,998,986
41,651,084,940
-0.2%
215,589,854
41,866,674,794
0.3%
0201 MB NORMANDY SHORES
242,757,511
245,073,256
1.0%
3,782,998
248,856,254
2.5%
03 CORAL GABLES
17,449,831,481
17,849,091,105
2.3%
276,033,634
18,125,124,740
3.9%
04 HIALEAH
12,482,037,363
13,333,612,170
6.8%
241,307,093
13,574,919,263
8.8%
05 MIAMI SPRINGS
1,323,842,345
1,324,257,672
0.0%
13,218,174
1,337,475,846
1.0%
06 NORTH MIAMI
3,739,669,946
3,954,255,248
5.7%
25,693,729
3,979,948,977
6.4%
07 NORTH MIAMI BEACH
3,529,913,811
3,642,611,833
3.2%
22,869,863
3,665,481,696
3.8%
08 OPA-LOCKA
1,235,577,011
1,317,128,075
6.6%
791,453
1.317,919,528
6.7%
10 HOMESTEAD
3,484,285,806
3,650,070,232
4.8%
98,653,626
3,748,723,858
7.6%
11 MIAMI SHORES
1,257,307,461
1,311,290,199
4.3%
6,163,599
1,317,453,798
4.8%
12 BAL HARBOUR
5,276,990,506
5,264,321,268
-0.2%
-1,245.115
5,263,076,143
-0.3%
13 BAY HARBOR ISLANDS
1,378,221,700
1,360,284,554
-1.3%
14,199,838
1,374,484,392
-0.3%
14 SURFSIDE
3,126,037,017
3,290,524,017
5.3%
1,735,664
3,292,259,681
5.3%
15 WEST MIAMI
653,085,160
667,218,065
2.2%
54,058,008
721,276,073
10A%
16 FLORIDA CITY
636,829,519
641,650,139
0.8%
55,471,117
697,121,256
9.5%
17 BISCAYNE PARK
249,288,141
268,272,161
7.6%
1,842,535
270,114,696
8.4%
18 EL PORTAL
181,958,463
194,701,388
7.0%
686,235
195,387,623
7.4%
19 GOLDEN BEACH
1,179,521,503
1,192,328,644
1.1%
3,023.885
1,195,352,529
1.3%
20 PINECREST
5,154,597,513
5,328,679,020
3.4%
49,328,424
5,378,007,444
4.3%
21 INDIAN CREEK
678,324,831
723,161,238
6.6%
0
723,161,238
6.6%
22 MEDLEY
2,648,409,814
2,821,375,702
6.5%
12,524,560
2,833,900,262
7.0%
23 N. BAY VILLAGE
1,083,771.883
1,114,812,330
2.9%
4,966,566
1,119,778,896
3.3%
24 KEY BISCAYNE
8,202,651,483
8,246,083,253
0.5%
23,028,894
8,269,112,147
0.8%
25 SWEETWATER
1,976,624,409
2,013,561,469
1.9%
33,313,884
2,046,875,353
3.6%
26 VIRGINIA GARDENS
276,373,531
292,582,825
5.9%
19,587,436
312,170,261
13.0%
27 HIALEAH GARDENS
1,492,019,968
1,577,992,581
5.8%
18,401,921
1,596,394,502
7.0%
28AVENTURA
10,550,216,874
10,437,038,206
-1.1%
14,318,452
10,451,356,658
-0.9%
30 UNINCORPORATED
87,269,294,245
91,288,369,137
4.6%
906,797.900
92,195,167,037
5.6%
31 SUNNY ISLES BEACH
11,915,512,092
11,338,676,927
-4.8%
1,297,165,759
12,635,842,686
6.0%
32 MIAMI LAKES
3,636,955,722
3,738,793,267
2.8%
28,578,299
3,767,371,566
3.6%
33 PALMETTO BAY
3,199,561,967
3,309,481,312
3.4%
57,499,047
3,366,980,359
5.2%
34 MIAMI GARDENS
5,346,230,392
5,659,066,597
5.9%
64.103,898
5,723,170,495
7.1%
35 DORAL
14,321,984,524
14,505,807,214
1.3%
385,319,332
14,891,126,546
4.0%
36 CUTLER BAY
2,767,525,299
2,905,140,046
5.0%
11,043,919
2,916,183,965
5.4%
COUNTY -WIDE
324,362,997,164
332,438,164,922
2.5%
5,530,529.428
337,968,694,360
4.2%
FIRE AND RESCUE
181,615,345,145
187,262.413,226
3.1%
3,164,892,756
190,417,305,982
4.8%
LIBRARY
291,615,522,001
298,105,651,606
2.2%
5,151,518,392
303,257,169,998
4.0%
SCHOOLBOARD
353,183,445,068
360,582,168,425
2.1%
5,532,336,601
366,114,505,026
3.7%
S FL WATER MNGT DIST
326,562,502,890
334,528,098,016
2.4%
5,532,336,601
340,060,434,617
4.1%
FL INLAND NAV DIST
326,5562,50280
33
2.4%
5,5532,3366,660110,60,4433,6117
4..11%%
CHILDREN'S TRUST
326202,903528,098,016
3,
2.4%
323301
3400THE
4
19
MIAMI-DADE COUNTY
PROPERTY APPRAISER
2021 PRELIMINARY AVERAGE AND MEDIAN RESIDENTIAL VALUES
JULY 1 2021 0
Average Values
Median Values
Municipality
Count
Just
Assessed
Taxable
Just
Assessed
Taxable
01
CITY OF MIAMI
100,110
379,547
320,079
298,548
272,764
223,150
210,014
02
CITY OF MIAMI BEACH
46,898
698,911
595,701
579,952
280,630
255,582
243,100
03
CITY Oc CORAL GABLES
16,419
965,021
766,089
731,121
602,975
452,642
418,158
04
CITY 0= HIALEAH
51,341
215,392
154,209
118,710
223,065
134,964
105,064
05
CITY 0= MIAMI SPRINGS
3,790
341,031
252,915
210,097
330,567
238,157
186,737
06
CITY OF NORTH MIAMI
14,291
253,205
174,042
146,077
201,328
111,615
87,700
07
CITY OF NORTH MIAMI BEACH
12,870
254,718
194,330
168,462
206,965
120,000
97,773
08
CITY OF OPA-LOCKA
2,578
159,352
104,097
77,531
155,368
93,876
69,365
10
CITY OF HOMESTEAD
18,920
186,034
151,057
124,737
181,311
137,502
113,448
11
MIAMI SHORES VILLAGE
3,685
495,687
353,417
312,081
440,946
309,146
262,165
12
BAL HARBOUR VILLAGE
3,504
1,395,985
1,284,267
1.274.073
739,450
654,379
645,990
13
TOWN OF BAY HARBOR ISLANDS
2,692
462,054
388,216
368,118
258,600
218,950
209.004
14
TOWN OF SURFSIDE
3,344
948,201
837,480
816,145
548,931
390,300
367,400
15
CITY OF WEST MIAMI
1,503
328,264
227,047
180,491
320,172
207,243
153,709
16
CITY OF FLORIDA CITY
2,080
166,215
117,550
99,086
157,450
109,695
95,818
17
VILLAGE OF BISCAYNE PARK
858
406.633
282,445
238,371
372,147
259,008
212,655
18
VILLAGE OF EL PORTAL
700
415,972
251,532
208,610
387,088
226,960
178,956
19
TOWN OF GOLDEN BEACH
346
4,002,112
3,121,396
3,082,295
3,074,344
2,093,022
2,049,536
20
VILLAGE OF PINECREST
5,939
1,004,348
792,646
751,353
825,819
602,044
558,075
21
VILLAGE OF INDIAN CREEK
30
24,450,672
17.634,281 17,600,207
25,129,819
16,490,942 16,465,942
22
TOWN OF MEDLEY
81
172,170
104,795
72,794
157,511
91,315
59,550
23
CITY OF NORTH BAY VILLAGE
3,553
271,063
236,027
219,027
206,100
189,700
175,700
24
VILLAGE OF KEY BISCAYNE
6,859
1,233,565
1,118,479
1,097,158
757,200
666,500
653,400
25
CITY OF SWEETWATER
2,744
211,346
144,991
109,505
196,000
129,000
102,463
26
VILLAGE OF VIRGINIA GARDENS
567
261,467
186,176
144,662
263,089
159,127
110,000
27
CITY OF HIALEAH GARDENS
5,661
223,971
154,486
118,857
225,000
133,472
98,138
28
CITY CF AVENTURA
24,359
338,073
323,380
305,011
237,500
228,968
215,300
30
MUNICIPAL SERVICE AREA
321,438
277,754
204,820
168,796
248,658
173,006
139,345
31
CITY OF SUNNY ISLES BEACH
17,310
656,812
632,911
620,376
312,000
294,865
285,000
32
TOWN, OF MIAMI LAKES
9,420
348,609
272,675
233.368
331,059
246,642
203,786
33
VILLAGE OF PALMETTO BAY
8,017
475,587
369,158
326,075
477,180
347,288
299,394
34
CITY OF MIAMI GARDENS
28,732
199,357
134,622
98,009
199,110
120,339
76,350
35
CITY OF DORAL
22,309
302,555
286,861
266,745
273,000
262.091
238,000
36
TOWN. OF CUTLER BAY
14,382
259,585
198,633
160,955
252,019
182,600
144,787
MIAMI-DADE COUNTYWIDE
760,979
362,527
290,453
259,965
251,485
188,760
159,686
Other Taxing Authorities
BOARD OF PUBLIC INSTRUCTION
760,979
362,527
294,937
279,852
251,485
193,079
179,000
SO FLORIDA WATER MANAGEMENT DIST
760,979
362,527
290,453
262,476
251,485
188,760
160,397
FLORIDA INLAND NAVIGATION DISTRICT
760,979
362,527
290,453
262,476
251,485
188,760
160,397
THE CHILDRENS' TRUST
760,979
362,527
290,453
262,476
251,485
188,760
160,397
MIAMI-DADE FIRE & RESCUE DISTRICT
539,352
314,706
246,372
213,452
245,169
180,018
148,265
MIAMI-DADE LIBRARY DISTRICT
653,024
374,430
301,157
270,731
259,221
197,370
169,000
20
MIAMI-DADE COUNTY
PROPERTY APPRAISER
2021 Senior and Long -Tenn Resident Senior Exemptions
July 1, 2021
0-
LONG-TERM RESIDENT
SENIOR EXEMPTIONS
SENIOR EXEMPTIONS
Municipality
Count
Exemption Value
Count
Exemption Value
01
Miami
5,580
215,910,904
2,496
50,428,267
02
Miami Beach
980
41,481,380
148
1,714,730
03
Coral Gables
277
13,424,156
30
1,153,027
04
Hialeah
6,035
253,957,129
2,769
74,953,468
05
Miami Springs
200
9,555,301
0
0
06
North Miami
596
21,686,326
175
2,472,341
07
North Miami Beach
584
20,767,342
0
0
08
Opa-locka
157
4,388,641
65
184,432
10
Homestead
418
14,274,905
40
345,673
11
Miami Shores
0
0
0
0
12
BalHarbour
12
500,000
0
0
13
Bay Harbor Islands
56
2,144,965
2
101,540
14
Surfside
85
4,198,776
0
0
15
West Miami
219
10,757,551
0
0
16
Florida City
0
0
0
0
17
Biscayne Park
27
1,252,965
0
0
18
El Portal
33
1,536,073
0
0
19
Golden Beach
0
0
0
0
20
Pinecrest
49
2,248,833
2
0
21
Indian Creek
0
0
0
0
22
Medley
10
270,703
5
12,034
23
North Bay Villae
69
2,705,438
14
238,743
24
Key Biscayne
51
2,450,000
0
0
25
Sweetwater
330
13,673,892
0
0
26
Virginia Gardens
44
2,014,713
27
1,001,392
27
Hialeah Gardens
483
19,624,712
86
875,196
28
Aventura
718
17,326,377
0
0
30
Unincorporated
19,025
795,507,903
5,901
163,811,322
31
Sunny Isles Beach
449
20,480,287
0
0
32
Miami Lakes
391
18,396,022
36
1,651,134
33
Palmetto Bay
154
7,346,669
19
546,747
34
Miami Gardens
1,873
67,395,343
928
8,887,587
35
Doral
246
11,853,261
18
718,567
36
Cutler Bay
419
18,722,986
113
2,309,734
County
39,788
1,635,830,200
13,469
326,257,909
21