2025-32RESOLUTION NO. 2025-32
A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES
VILLAGE, FLORIDA, ADOPTING THE TENTATIVE MILLAGE
RATE OF 7.8000 MILLS FOR FISCAL YEAR 2025/2026, THE
CALCULATED ROLLED-BACK RATE IS 7.1791 MILLS, OR
8.65% HIGHER THAN THE ROLLED-BACK RATE FOR FISCAL
YEAR 2025/2026; ESTABLISHING THE DEBT SERVICE
MILLAGE RATE AT 0.1331 MILLS, REAFFIRMING THE
SECOND PUBLIC BUDGET TO SET THE FINAL MILLAGE
RATE ON SEPTEMBER 16, 2025, AT 6:00 P.M.; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, on July 15, 2025, Miami Shores Village (the "Village") Council,
following a duly noticed public meeting, adopted Resolution 2025-30, which set the
proposed millage rate of 7.8000 mills, a rolled-back rate of 7.1791 mills, and the proposed
debt service rate of 0.1331 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 2025/2026 ("FY 2025/2026") 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 7.8000 mills, which is 8.65% greater than the calculated rolled-back rate
of 7.1791, and a tentative debt service millage rate of 0.1331 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 $2,152,326,300 and
WHEREAS, the second and final public budget hearing to set the final millage rate
will be on September 16, 2025 at 6:00 P.M.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF
MIAMI SHORES, FLOR IDA, AS FOLL OWS:
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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