R-2023-29RESOLUTION NO. 2023-29
A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES
VILLAGE, FLORIDA, ADOPTING THE TENTATIVE MILLAGE
RATE OF 7 .8 MILLS FOR FISCAL YEAR 2023/2024, THE
CALCU LATED "ROLLED-BACK" RATE IS 6.8232 MILLS, OR
14.32% HIGHER THAN THE "ROLLED-BACK" RATE FOR
FISCAL YEAR 2023/2024; ESTABLISHING THE DEBT
SERVICE MILLAGE RATE AT 0.1601 MILLS, REA FFIRMING
THE SECOND PUBLIC BUDGET TO SET THE FINAL MILLAGE
RATE ON SEPTEMBER 19, 2023, AT 6:00 P.M.; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, on July 20, 2023, Miami Shores Village (the "Village") Council,
following a duly noticed public meeting, adopted Resolution 20232-28, which set the
proposed millage rate of 7.8000 mills, a rolled-back rate of 6.8232 mills, and the proposed
debt service rate of 0.1601 mills; and
WHEREAS, Section 200.065, Florida Statutes, require that the Village, at the
conclusion of the first public hearing on the Village's proposed tax rate adopt a tentative
ad valorem millage rate for Fiscal Year 2023/2024 ("FY 2023/2024") operating purposes
and required debt service millage rate which includes the rolled-back rate; and
WHEREAS, the Village Administration is proposing the adoption of a tentative
millage rate of 7.8 mills, a rolled-back rate of 6.8232, or 14.32% higher than the rolled
back millage rate for Fiscal Year 2022/2023, and a tentative debt service, millage rate of
0.1601 mills; and
WHEREAS, the gross taxable value for operating purposes not exempt from
taxation within Miami-Dade County has been certified by the county property appraiser to
the Village as $1,756,307 ,731 and
WHEREAS, the second and final public budget hearing to set the final millage rate
will be on September 19, 2023 at 6:00 P.M.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF
MIAMI SHORES, FLORIDA, AS FOLLOWS:
Section 1. Recitals Adopted. The foregoing recitals are incorporated in this
Resolution as if fully set forth herein and made a part hereof by reference.
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Section 2. Tentative Millage. The tentative millage rate is hereby declared to
be 7.8 mills, which is $7.8 per $1,000 of assessed property within the Village for
FY 2023/2024.
Section 3. The Rolled-Back Rate. The rolled-back rate is 6.8232 mills, or
14.32% higher than the Fiscal Year 2022/2023 rolled-back millage rate.
Section 4. The Proposed Debt-Service Millage Rate. The proposed Debt
Service Millage rate for the first public hearing is hereby declared to be 0.1601
mills, which is $0.1601 per $1,000 of assessed property established in accordance
with the provisions of law pursuant to Chapter 200, Florida Statutes.
Section 5. Effective Date. This Resolution shall become effective immediately
upon its adoption.
PASSED AND ADOPTED this 5th day of September, 2023.
ATTEST:
APPROVED AS TO FORM:
ccJ6i�\
GEORGE BURCH
MAYOR
W ELFMAN COLE & BIERMAN P.L.
VI EY
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