09-27-05 Special Item 11 ORDINANCE NUMBER
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4 AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE
5 CITY OF SOUTH MIAMI, FLORIDA, LEVYING THE MILLAGE OF 7.213
6 WHICH EXCEEDS THE ROLLBACK RATE BY 16.92% AND RESULTING
7 IN 0% INCREASE IN PROPERTY TAX RATE IN THE CITY OF SOUTH
8 MIAMI, FLORIDA, FOR THE FISCAL YEAR 2005/2006; PROVIDING FOR
9 SEVERABILITY; ORDINANCES IN CONFLICT AND AN EFFECTIVE
10 DATE.
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WHEREAS, pursuant to section 200.065, Florida statutes, tax assessments for all
real property within the jurisdiction of the City of South Miami for the fiscal year
2004/2005 has been made by the property appraiser for Dade County; and,
WHEREAS, pursuant to the above -cited statutory provision, the Mayor and City
Commission are required to adopt a tentative and thereafter a final millage rate for the
taxing jurisdiction of the City of South Miami; and,
NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA:
Section 1. There shall be and hereby is levied upon real property in the City of
South Miami, Florida, a tax of 7.213 mills on the dollar for the fiscal year
2005/2006 for the operation expenses of the government of the City for the fiscal
year beginning October 1, 2005, and ending September 30, 2006. This millage
rate exceeds the rollback rate by 16.92% o
Section 2. This ordinance shall take effect immediately upon passage.
PASSED AND ADOPTED this day of 2005.
ATTEST:
CITY CLERK
READ AND APPROVED AS TO FORM
42 CITY ATTORNEY
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APPROVED:
1/: e►
COMMISSION VOTE:
Mayor Russell:
Vice Mayor Cooper:
Commissioner Wiscombe:
Commissioner Birts- Cooper:
Commissioner Sherar:
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NOTICE OF PROPOSED TAX INCREASE
The City of South Miami has tentatively adopted a measure to increase its
property tax levy.
Last Year's property tax levy:
A. Initially proposed tax levy ........................... ..............................$ 7,398,828
B. Less tax reductions due to Value Adjustment Board and
other assessment changes ........................ ..............................$ (365,506)
C. Actual property tax levy .............................. ..............................$ 7,033,322
This Year's proposed tax levy ..................................... ..............................$ 8,742,869
All concerned citizens are invited to attend a public hearing on the tax increase to be
held on Tuesday, September 27, 2005 7:30 p.m. at City Hall, City Commission
Chambers, 6130 Sunset Drive, South Miami, FL 33143
A FINAL DECISION on the proposed tax increase and the budget will be made at this
meeting.
BUDGET SUMMARY
CITY OF SOUTH MIAMI, FLORIDA - FISCAL YEAR 2005 -2006
THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF SOUTH MIAMI
ARE 10.5% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES.
THE TENTATIVE, ADOPTED AND /OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD
SELF
FEDERAL
STORM WATER
PEOPLE
LOCAL OPTION
GENERAL
INSURANCE
FORFEITURE
DRAIN
TRANSPORTATION
GAS TRST
TOTAL
FUND
FUND
FUND
FUND
FUND
FUND-2
ALL FUNDS
ESTIMATED REVENUES:
TAXES: MILLAGE PER $1,000
AD VALOREM 7.213
$8,305,727
8,305,727
SALES AND USE TAXES
2,356,000
2,356,000
LICENSES AND PERMITS
1,233,500
1,233,500
INTERGOVERNMENTAL REVENUE
1,196,300
402,500
1,598,8000
CHARGES FOR SERVICES
1,810,616
1,810,616
FINES & FORFEITURES
350,000
350,000
MISCELLANEOUS REVENUE
585,750
29,500
500
2,500
305,500
73,200
996,950
TOTAL SOURCES
15,837,893
29,500
500
405,000
305,500
73,200
16,651,593
TRANSFERS IN
0
0
0
0
0
0
0
FUND BALANCES /RESERVES/
NET ASSETS
$1,987,041
$146,585
$12,121
$169,806
$1,485
$2,090
$2,319,128
TOTAL REVENUES, TRANSFERS
& BALANCES
$17,824,934
$176,085
$12,621
$574,806
$306,985
$75,290
$18,970,721
EXPENDITURES
GENERAL GOVERNMENT
$7,809,743
$23,500
$7,833,243
PUBLIC SAFETY
4,414,660
12,621
4,427,281
PHYSICAL ENVIRONMENT
1,339,741
1,339,741
TRANSPORTATION
592,681
574,806
306,985
75,000
1,549,472
CULTURE AND RECREATION
1,422,681
1,422,681
DEBT SERVICES
0
0
INTERNAL SERVICES
0
0
TOTAL EXPENDITURES
$15,579,506
$23,500
$12,621
$574,806
$306,985
$75,000
$16,572,418
TRANSFERS OUT
$696,706
$0
$0
$0
$0
$0
$696,706
FUND BALANCES /RESERVES/
NET ASSETS
1,548,722
152,585
0
0
0
290
1,701,597
TOTAL APPROPRIATED EXPENDITURES,
RESERVES & BALANCES
$17,824,934
$176,085
$12,621
$574,806
$306,985
$75,290
$18,970,721
THE TENTATIVE, ADOPTED AND /OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD