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R-2018-031 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 RESOLUTION NO.: 2018.03 A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES VILLAGE CONCERNING AMENDMENT 1 TO THE FLORIDA CONSTITUTION, WHICH, IF ADOPTED, WOULD CREATE ADDITIONAL INEQUITIES IN FLORIDA'S TAX SYSTEM BY GRANTING CERTAIN TAX BREAKS TO SOME TAXPAYERS AT THE EXPENSE OF OTHER TAXPAYERS. WHEREAS, a proposed constitutional amendment sponsored by the Florida Legislature will be placed on the 2018 general election ballot as "Amendment 1 "; and WHEREAS, this proposed constitutional change exempts the assessed valuation of homestead property greater than $100,000 and up to $125,000 for all levies other than school district levies; and WHEREAS, Amendment 1 is expected to cost $644.7 million per year state -wide resulting in either service reductions or tax hikes; and WHEREAS, local communities may be forced to increase local property tax rates to offset revenue reductions; and WHEREAS, Florida's tax system should work for all homeowners, not just a few; and WHEREAS, most of Amendment 1's benefits go to only a handful of homeowners; and WHEREAS, Amendment 1 exposes local businesses to a much higher tax burden; and NOW, THEREFORE, BE IT RESOLVED by the Village Council of Miami Shores Village, FL as follows: Section 1. That Miami Shores Village will evaluate the impact Amendment 1 may have on its property taxes. Section 2. That Miami Shores Village urges its residents to carefully consider the potential adverse consequence of Amendment 1 before voting in the November 2018 general election. I of 2 pages 1 Section 3. That a copy of this resolution be provided to the Florida League of Cities, Inc. 2 and other interested parties. 3 4 5 6 7 8 9 71�r 12�, 14 15 PASSED AND ADOPTED by Miami Shores Village, Florida, this 15TH day of May 2018. +y f • � l � sab�ly o�rigue�; M ill0(`ge rk 17 APPROVED A.§ TO FORM. 18 19 20 21 Richard Sarafan 22 Village Attorney 23 2of 2 pages FINAL VOTES AT ADOPTION Council Member Steven Zelkowitz Council MemberJonathan Meltz Council Member Alice Burch Vice- Mayor Sean Brady tes Mayor MacAdam Glinn