HomeMy Public PortalAbout2007-30 Proposed Millage Rate _Certification of Taxable Value_RESOLUTION NO. 2007-30
A RESOLUTION OF THE VILLAGE OF KEY BISCAYNE,
FLORIDA; DETERMINING THE PROPOSED MILLAGE
RATE, THE CURRENT YEAR ROLLED -BACK RATE, AND
THE DATE, TIME AND PLACE FOR THE FIRST AND
SECOND PUBLIC BUDGET HEARINGS AS REQUIRED BY
LAW; DIRECTING THE CLERK AND MANAGER TO FILE
SAID 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, on July 1, 2007 the Honorable Marcus Saiz de la Mora, Acting Property
Appraiser of Miami -Dade County, Florida, served upon the Village of Key Biscayne, A
"Certification of Taxable Value" certifying to the Village of Key Biscayne its 2007 taxable value;
and
WHEREAS, the provisions of Florida Statutes Section 200.065 require that within thirty-five
(35) days of service of the Certification of Taxable Value upon a municipality, said municipality
shall be required to furnish to the Property Appraiser of Miami -Dade County the proposed millage
rate, the current year rolled -back rate, and the date, time and place at which a first public hearing will
be held to consider the proposed millage and the tentative budget; and
WHEREAS, the Village Council desires to announce the dates of the first and second public
hearings to the Property Appraiser of Miami -Dade County; and
WHEREAS, the Village Council has reviewed the figures supplied by the Property Appraiser
of Miami -Dade County and conferred at a public meeting with the Village Attorney and that being
otherwise fully advised in the premises.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF KEY
BISCAYNE, FLORIDA AS FOLLOWS:
Section 1. That the proposed millage for the first public hearing is hereby declared to be
3.450 mills which is $3.450 per $1,000.00 of assessed property within the Village of Key
Biscayne.
Section 2. That the current year rolled -back rate, computed pursuant to Section 200.065
F.S., is 2.966 per $1,000.00.
Section 3. That the date, time and place of the first and second public hearings is hereby set
by the Village Council as follows:
Date Time Place
September 11, 2007 7:00 p.m.
Tuesday
Key Biscayne Fire Station
Council Chamber (Second Floor)
560 Crandon Boulevard
Key Biscayne, Florida 33149
September 25, 2007 7:00 p.m. Key Biscayne Fire Station
Tuesday Council Chamber (Second Floor)
560 Crandon Boulevard
Key Biscayne, Florida 33149
Section 4. That the Village Clerk and Village Manager are directed to attach the original
Certification of Taxable Value to a certified copy of this resolution and serve the same upon the
Honorable Marcus Saiz de la Mora, Acting Property Appraiser of Miami -Dade County on or before
August 4, 2007.
Section 5. This resolution shall be effective immediately upon its adoption.
PASSED AND ADOPTED this 2nd day of July , 2007.
44/,ie
CHITA H. ALVAREZ, CMC, VILLAGE CL
APPROVED AS TO L AL SUFFICIENCY:
Y.
VILLAGE AT ORNE
MAYOR ROBERT L. VERNON
(9) Prior Year Operating Millage Levy $
(10) Prior Year Ad Valorem Proceeds (7) x (9) $ 19, 258, 099
(11) Amount, if any, paid or applied in prior year as a consequence of an obligation measured by a
dedicated increment value Sum of either line (3)c or (4)a for all DR-420TIF forms $
(12) Adjusted Prior Year Ad Valorem Proceeds (10) - (11)
(13) Dedicated Increment Value, if any Sum of either line (3)b or (4)e for all DR-420TIF forms
(14) Adjusted Current Year Taxable Value (6) - (13)
(15) Current Year Rolled -Back Rate (12) divided by (14)
(16) Current Year Proposed Operating Millage Rate $ 2.699
SECTION I
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
Certification of Taxable Value
Year 2007
County MIAMI-DADE
Principal Authority
City
TA
Levy
FOR DOR USE ONLY
DR -420
R 06/07
VILLAGE OF KEY BISCAYNE Taxing Authority VILLAGE OF KEY BISCAYNE
Current Year Taxable Value of Real Property for Operating Purposes
Current Year Taxable Value of Personal Property for Operating Purposes
Current Year Taxable Value of Centrally Assessed Property for Operating Purposes
Current Year Gross Taxable Value for Operating Purposes (1) + (2) + (3) = (4)
Current Year Net New Taxable Value
(New Construction + Additions + Rehabilitative Improvements Increasing Assessed Value By At
Least 100% + Annexations + Total Tangible Personal Property Taxable Value In Excess of 115%
of the Previous Year's Total Tangible Personal Property Taxable Value - Deletions)
Current Year Adjusted Taxable Value (4) - (5)
Prior Year FINAL Gross Taxable Value (From Prior Year Applicable Form DR -403 Series)
Enter number of Tax Increment Value Worksheets (DR-420TIF) attached (If none, enter 0)
$ 6,470,265,332 (1)
$ 43,847,470 (2)
$ 0 (3)
$ 6,514,112,802 (4)
20,942,307
6,493,170,495
5,582,057,700
0
I do hereby certify the values shown herein to be correct to the best of my knowledge and belief Witness m hand and official signature
at MIAMI-DADE COUNTY , Florida, this the 29th d
(5)
(6)
(7)
JUNE, 2017 onth, and Year)
Signatur .f Property Appraiser
> , r.. . •
_ ,i �...,. �a-_x?,a.';<r�.cas^_s�niw.?-7y`.w.4w,, .-.»s -'•�'s"s;SrsE't E`;'i"^,c. e
SECTION II TAXING AUTHORITY: If this portion of the form is not completed in FULL your Authority will be denied TRIM certification and possibly lose Its mitlage
levy privilege for the tax year. If any line is inapplicable, enter N/A or -0-. 3.450
per $1,000 (9)
(10)
0
$ 19,258,099
$ 0
$6,493,170,495
$ 2.966
(17) Check TYPE of Principal Authority (check one)
(18) Check Applicable Taxing Authority (check one)
(19) Is millage levied in more than one county? (check one)
County [independentSpDist
®Municipality Water Man District
EPnncipal Authority EiDep Spec Dist EiMSTU
Yes No
(20) Current Millage Levy for Voted Debt Service $
(21) Current Millage Levy for Other Voted Millage
$
U
(22) Enter the Total Adjusted Prior Year Ad Valorem Proceeds of ALL Dependent Special Districts and $
MSTUs levying a millage. (The sum of Line (12) from each Distnct's and MSTU's Form DR -420)
(23) Total Adjusted Prior Year Ad Valorem Proceeds (12) + (22) $
(24) The Current Year Aggregate Rolled -Back Rate: (23) divided by (14) $
(25) Current Year Aggregate Rolled -Back Taxes (4) x (24) $
(26) Enter Total of all non -voted Ad Valorem Taxes proposed to be levied by the Principal Taxing
Authority, alt Dependent Distncts, and MSTUs if any. Sum of line (18) x line (4) from all Form DR -
420s
(27) Current Year Proposed Aggregate Millage Rate' (26) divided by (4) $
(28) Current Year Proposed Rate as a Percent Change of Rolled -Back Rate*
[(Line 27 divided by Line 24) - 1.00] x 100
(11)
(12)
(13)
(14)
per $1,000 (15)
per$1,000 (16)
per $1,000 (20)
per$1,000 (21)
(22)
19,258,099
2.966
19,320,859
(23)
per $1,000 (24)
(25)
17,581,590
2.699
(9.00)
(26)
per$1,000 (27)
% (28)
Date, Time and Place of the First Public Budget Hearing: and telephone number : September 11, 2007 at 7: O0pm
Key Biscayne Fire Station, Council Chamber 560 Crandon Blvd. Key Biscayne, FL 305-365-5500
I do hereby certify the millages and rates shown herein to be correct to the best of my knowledge and belief. FURTHER, I certify that
all Iplllages cgmply with the provisions of Section 200 185 and 200.071 or 200.081, F S WITNESS my hand and official signature at
Key Biscayne Florida, this the day of July, 2007
n Y (Month, and Year)
st�j!/ Interim Village Manager 88 West McIntyre Street, Suite 210
Signature and Title of Chief Administrative Officer Address of Physical Location
88 West McIntyre Street Randolph G, White
Mailing Address Name of Contact Person
Key Biscayne FL 33±49 305-36508903 305-365-8936
City State Zip Phone* Fax #
SEE INSTRUCTIONS ON REVERSE SIDE
Year
County Miami —Dade
MUNICIPALITY MAXIMUM MILLAGE LEVY CALCULATION
PRELIMINARY DISCLOSURE
2007 Village of Key Biscayne
Municipality
Taxing Authority Village of Key Biscayne
DR -420 M -P
N 07/07
1. Has the municipality levied ad valorem taxes for less than five years?
YES STOP HERE Sign below and submit Municipality is not subject to a limitation on millage in FY 2007-08
NO Go to line 2
2. Current Year Gross Taxable Value for Operating Purposes from Form DR -420, Line 4
3. Prior Year Operating Millage Levy from Form DR -420, Line 9
4. Current Year Rolled -Back Rate from Form DR -420, Line 15
5. Compound annual growth rate in total per capita taxes levied of the municipality from
FY 2001-02 to 2006-07 (see instructions) 0 % (5)
91.
6. Percentage of rolled -back rate allowed to be levied by a majority vote of the governing body (see instructions) % (6)
7. Is the municipality a "municipality of special financial concern"9 (see instructions) (Check one) ❑ YES ❑ NO
8. Did the municipality first levy ad valorem taxes in FY 2002-03? ❑ YES ❑ NO
9. Current Year Proposed Operating Millage Rate from Form DR -420, Line 16 $ 2.699 per $1,000 (9)
10. Current Year Proposed Taxes (multiply Line 9 by Line 2) . . .. . .. . $ 17,581,590 (10)
11. Current Year Proposed Operating Millage Rate to be adopted by: (Check one)
❑ Majority vote of the governing body
* Maximum millage rate on Line 12 equal to percentage on Line 6 times the rolled -back rate on Line 4
❑ Two-thirds vote of the governing body
*Maximum millage rate on Line 12 equal to the rolled -back rate on Line 4
❑ Unanimous vote of the governing body (or 3/4 vote if governing body has nine or more members)
* Maximum millage rate on Line 12 equal to the prior year's operating millage rate on Line 3
❑ By referendum
*Maximum millage rate on Line 12 as approved by referendum
You must provide a final Form DR -420 M with the final ordinance and voting record to the Department of Revenue after the final hearing.
12. The selection on Line 11 allows a maximum millage rate of: ...... .... ... . . .... .... ... .... ...................... ... .. .. ...$ 2. 699 per $1,000 (12)
13. Taxes levied at maximum millage rate (multiply Line 12 by Line 2) ... .. . . ... $17,581,981 (13)
NOTE: The proposed millage rate on Line 9 must be equal to or less than the maximum millage rate on Line 12, UNLESS' the sum of the proposed taxes
to be levied by the municipality and all of its dependent special districts is less than or equal to the sum of the maximum taxes that could be levied by the
municipality and its dependent special districts. See Line 19 of the municipality's Form DR -420 M -P.
$ 6,514,112,802
$ 3.45 per $1,000 (3)
.$ 2.966 per$1,000 (4)
12.78
(2)
14. Is the proposed millage rate to be approved by a referendum of the voters? ❑ YES: STOP HERE. Sign below and submit. NO: Go to Line 15.
Total Proposed Taxes Levied:
15. Enter the Current Year Proposed Taxes of ALL Dependent Special Districts levying a millage.
(The sum of Line 10 from each District's Form DR -420 M -P) /,.581,590
16. Total Current Year Proposed Taxes (add Line 10 and Line 15) $ (16)
Total Maximum Taxes:
17. Enter the Taxes at the Maximum Millage for ALL Dependent Special Districts levying a millage.
(The sum of Line 13 from each District's Form DR -420 M -P) $ 0 (17)
18. Total Taxes at Maximum Millage Rate (add Line 13 and Line 17) $ 17,581.981 (18)
Total Maximum vs. Total Proposed Taxes Levied:
19. Are the total current year proposed taxes on Line 16 less than or equal to the total taxes at maximum millage rate on Line 18?
(Check one) ❑ YES: Proposed taxes levied comply with law.
❑ NO: Proposed taxes levied DO NOT comply with law. If Line 16 is more than Line 18 on your Form DR -420 M following
your final hearing, you will lose the half -cent sales tax distribution.
Complete and submit this preliminary Form DR -420 M -P to the property appraiser. After you have adopted millage rates and budgets, you must give the
Department of Revenue a final Form DR -420 M after the final hearing.
I certify the mi lages and rates shown are correct to the best of my knowledge and belief.
Interim Village Manager 88 West McIntyre Street
Signature and Title of Chief Administrative Officer Address of Physical Location
88 West McIntyre Street
Mailing Address
Key Biscayne, FL 33149
Randolph G. White
0
(15)
Name of Contact Person
305-365-8903 305-365-8936
City State Zip Phone N Fax #