HomeMy WebLinkAboutReso 2012-1930RESOLUTION NO. 2012- 1930
A RESOLUTION OF THE CITY OF SUNNY ISLES BEACH,
FLORIDA, ESTABLISHING THE CITY OF SUNNY ISLES
BEACH PROPOSED AD VALOREM TAX MILLAGE LEVY
RATE AT 2.8 MILLS PER ONE THOUSAND DOLLARS
($1,000.00) OF TAXABLE ASSESSED VALUE WHICH IS
6.17% MORE THAN THE "ROLLED BACK" RATE OF 2.6372
MILLS, FOR FISCAL YEAR 2012/2013; SETTING THE DATE,
TIME AND PLACE FOR THE FIRST AND SECOND PUBLIC
BUDGET HEARINGS AS REQUIRED BY LAW; DIRECTING
THE CITY CLERK AND CITY MANAGER TO FILE THIS
RESOLUTION WITH THE PROPERTY APPRAISER OF
MIAMI -DADE COUNTY PURSUANT TO THE
REQUIREMENTS OF FLORIDA STATUTES AND THE
RULES AND REGULATIONS OF THE DEPARTMENT OF
REVENUE OF THE STATE OF FLORIDA; PROVIDING FOR
AN EFFECTIVE DATE.
WHEREAS, the Property Appraiser of Miami -Dade County, Florida, served upon the City of
Sunny Isles Beach a "Certification of 2011 Taxable Value "; and
WHEREAS, pursuant to Section 200.065, F.S., the City of Sunny Isles Beach will furnish
the County Property Appraiser the proposed millage rate, and the date, time and place at which
public hearings will be held to consider the proposed millage rate and tentative budget; and
WHEREAS, the Commission agrees to establish the proposed ad valorem tax millage levy
rate at 2.8 mills per One Thousand Dollars ($1,000.00) of taxable assessed value.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS:
Section 1. Establish the Proposed Millage Rate. The proposed millage rate is hereby established
as 2.8 mills per One Thousand Dollars ($1,000.00) of assessed property value in the City of Sunny
Isles Beach. The proposed millage reflected is 6.17% more than the "rolled back" rate of 2.6372
mills, for Fiscal Year 2012/2013.
Section 2. Setting the Public Hearings. The date, time and place of the first and second public
hearings are hereby set by the City Commission as follows:
R2012- Millage Rate FY 2012 -2013 Establish Page 1 of 2
Date Time Place
September 7, 2012 5:01 p.m. Sunny Isles Beach Government Center
David P. Samson Commission Chambers
18070 Collins Avenue
Sunny Isles Beach, Florida 33160
September 27, 2012 6:00 p.m. Sunny Isles Beach Government Center
David P. Samson Commission Chambers
18070 Collins Avenue
Sunny Isles Beach, Florida 33160
Section 3. Transmittal. The City Clerk and City Manager are directed to attach the original
Certification of Taxable Valuable to a certified copy of this Resolution and serve the same upon the
Property Appraiser of Miami -Dade County on or before August 2, 2012.
Section 4. Effective Date. This Resolution shall become effective upon adoption.
PASSED AND ADOPTED on this 19t1i day of July 2012.
ATTEST:
Jane A. Hines, CMC, City Clerk
APPROVEL) AS TO FORM AND
LEGAL S4FICIENCY:
ty Attorney
Vote: 5 -b
Mayor Edelcup L,-'(Yes)
Vice Mayor Thaler L/ (Yes)
Commissioner Aelion L'-'(Yes)
Commissioner Gatto y" (Yes)
Commissioner Scholl Yes)
R2012- Millage Rate FY 2012 -2013 Establish
Moved by:
Seconded by:
(No)
(No)
(No)
(No)
(No)
Page 2 of 2
DR -420
CERTIFICATION OF TAXABLE VALUE R.5/12
Rule 12D- 16.002
OUN Florida Administrative Code
REV
OF F REVENUE
Provisional
Year: 2012
County: MIAMI -DADE
Principal Authority:
CITY OF SUNNY ISLES BEACH
Taxing Authority:
CITY OF SUNNY ISLES BEACH
SECTION I : COMPLETED BY PROPERTY APPRAISER
1.
Current year taxable value of real property for operating purposes
$ 6,195,539,000
(1)
2.
Current year taxable value of personal property for operating purposes
$ 62,745,331
(2)
3.
Current year taxable value of centrally assessed property for operating purposes
$ 0
(3)
4.
Current year gross taxable value for operating purposes (Line 1 plus Line2 plus Line 3)
$ 6,258,284,331
(4)
5.
Current year net new taxable value (Add new construction, additions, rehabilitative
improvements increasing assessed value by at least 100 %, annexations, and tangible
personal property value over 115% of the previous year's value. Subtract deletions.)
$ 74,139,611
(5)
6.
Current year adjusted taxable value (Line4minusLineS)
$ 6,184,144,720
(6)
7.
Prior year FINAL gross taxable value from prior year applicable Form DR -403 series
$ 5,651,077,387
(7)
8'
Does the taxing authority include tax increment financing areas? If yes, enter number
of worksheets (DR- 420TIF) attached. If none, enter 0
YES
❑X NO
Number
0
(8)
9.
Does the taxing authority levy a voted debt service millage or a millage voted for 2
years or less under s. 9(b), Article VII, State Constitution? If yes, enter the number of
DR- 420DEBT, Certification of Voted Debt Millage forms attached. If none, enter 0
YES
NO
Number
0
(9)
Property Appraiser Certification
I certify the taxable values above are correct to the best of my knowledge.
SIGN
HERE
Signature of Property Appraiser :
Electronically Certified by Property Appraiser on 6/29/2012 2:03 PM
Date
SECTION
II : COMPLETED BY TAXING AUTHORITY
If this portion of the form is not completed in FULL your taxing authority will be denied TRIM certification and
possibly lose its millage levy privilege for the tax year. If any line is not applicable, enter -0 -.
10.
Prior year operating millage levy (Ifprior year millage was adjusted then use adjusted
millage from Form DR -422)
2.8860 per $1,000
(10)
11.
Prior year ad valorem proceeds (Line 7multiplied by Line 10, divided by 1,000)
$ 16,309,009
01)
12
Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a
dedicated incrementvalue (Sum of either Lines 6c or Line 7a for all DR- 420TIFforms)
$ 0
(12)
13.
Adjusted prior year ad valorem proceeds (Line 11 minus Line 12)
$ 16,309,009
(13)
14.
Dedicated increment value, if any (Sum of either Line 6b or Line 7e for all DR- 420TIFforms)
$ 0
(14)
15.
Adjusted current year taxable value (Line 6 minus Line 14)
$ 6,184,144,720
(15)
16.
Current year rolled -back rate (Line 13 divided by Line 15, multiplied by 1,000)
2.6372 per $1000
(16)
17.
Current year proposed operating millage rate
2.8000 per $1000
(17)
18
Total taxes to be levied at proposed millage rate (Line 17 multiplied by Line 4, divided
by 1,000)
$ 17,523,196
(18)
Continued on page 2
DR -420
R. 5/12
Page 2
Instructions on page 3
County E] Independent Special District
19.
TYPE of principal authority (check one)
(19)
❑X Municipality Water Management District
Applicable taxing authority (check one) Principal Authority Dependent Special District
20
(20)
MSTU ❑ Water Management District
21.
Is millage levied in more than one county? (check one) ❑ Yes [_x] No
(21)
DEPENDENT SPECIAL DISTRICTS AND MSTUS
I
STOP HERE - SIGN AND SUBMIT
22
Enter the total adjusted prior year ad valorem proceeds of the principal authority, all
dependent special districts, and MSTUs levying a millage. (The sum of Line 13 from all DR -420
$ 16,309,009
(22)
forms)
23•
Current year aggregate rolled -back rate (Line 22 divided by Line 15, multiplied by 1,000)
2.6372 per $1,000
(23)
24.
Current year aggregate rolled -back taxes (Line 4 multiplied by Line 23, divided by 1,000)
$ 16,504,347
(24)
Enter total of all operating ad valorem taxes proposed to be levied by the principal
25.
taxing authority, all dependent districts, and MSTUs, if any. (The sum ofLine 18 from all
$ 17,523,196
(25)
DR -420 forms)
26
Current year proposed aggregate millage rate (Line 25 divided by Line 4, multiplied
$1,000
(26)
by 1,000)
2.8000 per
27
Current year proposed rate as a percent change of rolled -back rate (Line 26 divided by
°
(27)
Line 23, minus 1, multiplied by 100)
6.17 �o
First public
Date:
Time:
Place:
budget hearing
9 g
David P. Samson Commission Chambers, 18070 Collins
9/7/2012
5:01 PM
Avenue, Sunny Isles Beach, FL 33160
1 certify the millages and rates are correct to the best of my knowledge.
Taxing Authority Certification
The millages comply with the provisions of s. 200.065 and the provisions of
either s. 200.071 or s. 200.081, F.S.
S
I
Signature of Chief Administrative Officer :
Date
G
N
Title :
Contact Name and Contact Title:
MINAL SHAH, ASST CITY MANAGER - FINANCE
H
CITY MANAGER
E
Mailing Address:
Physical Address:
R
18070 COLLINS AVE
18070 COLLINS AVE
E
City, State, Zip :
Phone Number:
Fax Number
SUNNY ISLES BEACH, FL 33160
3057921775
3057921602
Instructions on page 3
�l 1�
DEPARTMENT
Of RF.VENUF
MAXIMUM MILLAGE LEVY CALCULATION
PRELIMINARY DISCLOSURE
For municipal governments, counties, and special districts
DR- 420MM -P
R. 5/12
Rule 12D- 16.002
Florida Administrative Code
Provisional
Year: 2012
County: MIAMI -DADE
Principal Authority :
CITY OF SUNNY ISLES BEACH
Taxing Authority:
CITY OF SUNNY ISLES BEACH
1
Is your taxing authority a municipality or independent special district that has levied ad
valorem taxes for less than 5 years?
❑ Yes
No
(1)
IF YES, D STOP HERE. SIGN AND SUBMIT. You are not subject to a millage limitation.
2.
Current year rolled -back rate from Current Year Form DR -420, Line 16
2.6372 per $1,000
(2)
3.
Prior year maximum millage rate with a majority vote from 2011 Form DR- 420MM, Line 13
3.2973 per $1,000
(3)
4.
Prior year operating millage rate from Current Year Form DR -420, Line 10
2.8860 per $1,000
(4)
If Line 4 is equal to or greater than Line 3, skip to Line 11. If less, continue to Line 5.
Adjust rolled -back rate based on prior year majority -vote maximum millage rate
5.
Prior year final gross taxable value from Current Year Form DR -420, Line 7
$ 5,651,077,387
(5)
6
Prior year maximum ad valorem proceeds with majority vote
(Line 3 multiplied by Line 5 divided by 1,000)
$ 18,633,297
(6)
7
Amount, if any, paid or applied in prior year as a consequence of an obligation
measured by a dedicated increment value from Current Year Form DR -420 Line 12
$ 0
(7)
8.
Adjusted prior year ad valorem proceeds with majority vote (Line 6 minus Line 7)
$ 18,633,297
(8)
9.
Adjusted current year taxable value from Current Year form DR -420 Line 15
$ 6,184,144,720
(9)
10.
Adjusted current year rolled -back rate (line 8 divided by Line 9, multiplied by 1,000)
3.0131 per $1,000
(10)
Calculate maximum millage levy
11.
Rolled -back rate to be used for maximum millage levy calculation
(Enter Line 10 if adjusted or else enter Line 2)
3.0131 per $1,000
(11)
12.
Change in per capita Florida personal income (See Line 12 Instructions)
1.0447
(12)
13.
Majority vote maximum millage rate allowed (Line 11 multiplied by Line 12)
3.1478 per $1,000
(13)
14.
Two - thirds vote maximum millage rate allowed (Multiply Line 13 by 1.10)
3.4626 per $1,000
(14)
15.
Current year proposed millage rate
2.8000 per $1,000
(15)
16.
Minimum vote required to levy proposed millage: (Check one)
(16)
a. Majority vote of the governing body: Check here, if Line 15 is less than or equal to Line 13. The maximum millage rate is equal
to the majority vote maximum rate. Enter Line 13 on Line 17.
b. Two - thirds vote of governing body: Check here if Line 15 is less than or equal to Line 14, but greater than Line 13. The
El maximum millage rate is equal to proposed rate. Enter Line 15 on Line 17.
c. Unanimous vote of the governing body, or 3/4 vote if nine members or more: Check here if Line 15 is greater than Line 14.
El The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17.
❑ d. Referendum: The maximum millage rate is equal to the proposed rate. Enter Line 15 on Line 17.
17
The selection on Line 16 allows a maximum millage rate of
(Enter rate indicated by choice on Line 16)
3.1478 per $1,000
(17)
18.
Current year gross taxable value from Current Year Form DR -420, Line 4
$ 6,258,284,331
(18)
Continued on page 2
Taxing Authority:
DR- 420MM -P
CITY OF SUNNY ISLES BEACH
R. 5/12
Page 2
19.
Current year proposed taxes (Line 15 multiplied by Line 18, divided by 1,000)
$ 17,523,196
(19)
20
Total taxes levied at the maximum millage rate (Line 17 multiplied by Line 18, divided by
$
(20)
1,000)
19,699,827
DEPENDENT SPECIAL ' DISTRICTS AND MSTUs
D
STOP HERE.. SIGN AND SUBMIT.
21
Enter the current year proposed taxes of all dependent special districts & MSTUs levying
$
(21)
a millage. (The sum of all Lines 19 from each district's Form DR- 420MM)
0
22.
Total current year proposed taxes (Line 19 plus Line 21)
$ 17,523,196
(22)
Total Maximum Taxes
23.
Enter the taxes at the maximum millage of all dependent special districts & MSTUs
$
23
( )
levying a millage (The sum of all Lines 20 from each district's Form DR- 420MM)
0
24.
Total taxes at maximum millage rate (Line 20 plus line 23)
$ 19,699,827
(24)
Total Maximum Versus Total Taxes Levied
25.
Are total current year proposed taxes on Line 22 equal to or less than total taxes at the
[g YES NO
(25)
maximum millage rate on Line 24? (Check one)
I certify the millages and rates are correct to the best of my knowledge. The millages
Taxing Authority Certification
comply with the provisions of s. 200.065 and the provisions of either s. 200.071 or s.
S
200.081, F.S.
Signature of Chief Administrative Officer:
Date
G
N
Title:
Contact Name and Contact Title:
I„1
CITY MANAGER
MINAL SHAH, ASST CITY MANAGER - FINANCE
E
R
Mailing Address:
Physical Address
E
18070 COLLINS AVE
18070 COLLINS AVE
City, State, Zip:
Phone Number:
Fax Number :
SUNNY ISLES BEACH, FL 33160
3057921775
3057921602
Complete and submit this form DR- 420MM -P, Maximum Millage Levy Calculation - Preliminary Disclosure, to
your property appraiser with the form DR -420, Certification of Taxable Value.
Instructions on page 3
9
CST` of SUI+ ��
City of Sunny Isles Beach
18070 Collins Avenue
Sunny Isles Beach, Florida 33160
(305) 947 -0606 City Hall
(305) 949 -3113 Fax
MEMORANDUM
TO: The Honorable Mayor and City Commission
FROM: Minal Shah, Assistant City Manager- Finance
DATE: 7/19/2012
RE: Establishing the maximum City of Sunny Isles Beach Proposed Ad
Valorem Tax Millage Levy Rate
RECOMMENDATION:
Staff is recommending the Commission approve the submission of a maximum millage
rate of 2.8860 to the Property Appraiser's Officer no later than August 4, 2012.
REASONS:
On July 1, 2012, the Property Appraiser of Miami -Dade County, Florida served the City
its Certification of Taxable Value certifying the City's 2012 taxable value is
$6,258,284,331, which includes new construction and additions value of $74,139,611.
The 2012 taxable values, including new construction, represents an increase of 10.745%
over the 2011 Taxable Values after Value Adjustment Board changes. Without new
construction, the increase in taxable values is 9:�. (o .1'1 °10
The millage rate at 4+868 will generate net revenue of $17,158,330.
1 —V
Per Florida Statutes, the Commission has the authority to approve a millage rate up to
3.1478 with three votes and a millage rate up to 3.4626 with four votes.
Note that the millage rate submitted to the Property Appraiser's Office by August 4, 2012
is the maximum millage rate the City can set forth for FY 2012/2013 and will be included
in the TRIM notices mailed out to the residents by the end of August 2012.
ATTACHMENTS:
Resolution
DR 420 2012
DR 420 MAX 2012
Agenda Item No.I OAmDate 7/19/2012
38