R-2023-31RESOLUTION NO. 2023-31
A RESOLUTION OF THE VILLAGE C OUNCIL OF MIAMI SHORES
VILLAGE, FLORIDA, ADOPTING THE FINAL MILLAGE RATE
OF 7.8000 MILLS FOR FISCAL YEAR 2023/2024, WHICH IS
14.32% GREATER THAN THE CALCULATED "ROLLED
BACK" RATE OF 6.8232 MILLS; AND ADOPTING THE FINAL
DEBT SERVICE MILLAGE RATE OF 0.1601 MILLS.
WHEREAS, on July 20, 2023, Miami Shores Village (the "Village") Council,
following a duly noticed public meeting, adopted Resolution 2023-28, 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, on September 5, 2023, Village Council adopted the tentative millage
rate of 7.8000 mills, which is 14.72% greater than the calculated rolled-back rate of
6.8232, and a tentative debt service millage rate of 0.1601 mills; and
WHEREAS, the Village Administration is proposing the adoption of a final millage
rate of 7.8000 mills, which is 14.72% greater than the calculated rolled-back rate of
6.8232, and a 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 Village Council find it to be in the best interests of the Village to
adopt the final millage rate of 7.8000 mills, which is 14.72% greater than the calculated
rolled-back rate of 6.8232, and a debt service millage rate of 0.1601 mills.
NOW, THEREFORE, BE IT RESOL VED BY THE VILLAGE CO UNCIL OF
MIAMI SHORES, FLOR IDA , AS FOLLOWS:
1
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.
Section 2. Final MiUage. The final millage rate is hereby declared to be 7.8000
mills, which is $7.80 per $1,000 of assessed property within the Village for FY
2023/2024.
Section 3. The Rolled-Back Rate. The millage is 14.72% greater than the
rolled-back rate of 6.8232 mills.
Section 4. The Debt-Service Millage Rate. The Debt Service Millage rate for
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 19th day of September, 2023.
ATTEST:
APPROVED AS TO FORM:
GEORGE BURCH MAYOR
2